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How much does a Business Analyst make in the United States?

Average Business Analyst Hourly Wage in the United States

Business Analysts earn a median hourly wage of $39.10. Hourly wages typically start from $22.10 and go up to $72.22.

Average Business Analyst Yearly Salary in the United States

Business Analysts earn a median salary of $81,320 per year. Salaries typically start from $45,970 and go up to $150,220.

These numbers may vary depending on several factors, like level of education, amount of experience, industry, company size and location.

Learn more about the Business Analyst job market for salaries of real jobs in your area.

The title of business analyst can describe both entry-level workers and long-term professionals, and salaries vary accordingly. The career path of a business analyst can include becoming a senior business analyst, a business analyst specialist in specific areas, a business manager, a business architect, an enterprise architect, and a director or VP-level position. Other experienced business analysts become independent consultants, taking assignments on contract.

Salaries vary widely and are determined by factors like location, experience level, and industry. According to Pay Scale, insurance and healthcare offers the highest starting wages for graduates of business analytics courses. For financial companies and software applications, the lowest salary (annual) for business analysts was estimated between $40,471 and $40,293 respectively. Business analysts living in the northeast and western areas of the U.S. earn higher salaries than those coming from the middle and southern regions.

Below are the average salary ranges and bonus percentages for business analysts:

Entry Level: $40,000 to $70,000 with up to an 8 percent bonus
Mid Career: $55,000 to $95,000 with up to a 10 percent bonus
Senior Level: $70,000 - $150,000 with up to a 10 percent bonus
Overall U.S. Average: $45,000-$110,000 with up to a 10 percent bonus

How to Become a Business Analyst

Interested in becoming a business analyst? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good business analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education
    Syracuse MBA

    A bachelors degree is required to be a Business Analyst. A business management and administration degree is preferred. Schools offering education in this field include:

    • Columbia College | Columbia, SC
      Offers: Certificate, Associates, Bachelors
    • Albertus Magnus College | New Haven, CT
      Offers: Certificate, Associates, Bachelors
    • Asnuntuck Community College | Enfield, CT
      Offers: Certificate, Associates
    • Lincoln College of New England-Southington | Southington, CT
      Offers: Certificate, Associates
    • University of Bridgeport | Bridgeport, CT
      Offers: Certificate, Associates, Bachelors
  3. Get Hired

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    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.

Business Analyst Earnings by Seniority

Top End Business Analyst Earnings

The highest earning Business Analysts in the United States earn:

$72.22
an hour
$150,220
per year
Senior Business Analyst Earnings

Senior Business Analysts in the United States earn:

$52.73
an hour
$109,670
per year
Experienced Business Analyst Earnings

Experienced Business Analysts in the United States earn:

$39.10
an hour
$81,320
per year
Junior Business Analyst Earnings

Junior Business Analysts in the United States earn:

$29.06
an hour
$60,450
per year
Starting Business Analyst Earnings

Starting Business Analysts in the United States earn:

$22.10
an hour
$45,970
per year

Approximate values based on highest and lowest earning segments.

Find your perfect career

Would you make a good business analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

Take the free career test

Business Analyst salary comparison

Business Analysts earn more than 62% percent of Business careers. Business Analyst salaries are in the top 82% of all careers in the United States.

Human Resources Manager Salary $102k
Construction Manager Salary $85k
Business Analyst Salary $80k
Stock Trader Salary $72k
Loan Officer Salary $62k
Social Fundraiser Salary $52k
Real Estate Agent Salary $40k
Retail Salesperson Salary $21k

Historical salary for Business Analysts in the United States

Business Analyst salary by state

Click on a state to learn more

State Hourly Wage Annual Salary Rank
Business Analyst Salary in New York $43.90 $91,310 # 1
Business Analyst Salary in Wyoming $37.13 $77,220 # 2
Business Analyst Salary in Virginia $45.64 $94,930 # 3
Business Analyst Salary in Washington $45.81 $95,280 # 4
Business Analyst Salary in Massachusetts $43.98 $91,480 # 5
Business Analyst Salary in New Jersey $43.46 $90,390 # 6
Business Analyst Salary in Connecticut $42.81 $89,030 # 7
Business Analyst Salary in District of Columbia $45.53 $94,700 # 8
Business Analyst Salary in New Hampshire $40.47 $84,180 # 9
Business Analyst Salary in California $40.24 $83,690 # 10
Business Analyst Salary in Maryland $44.93 $93,450 # 11
Business Analyst Salary in Texas $41.46 $86,240 # 12
Business Analyst Salary in Georgia $38.78 $80,670 # 13
Business Analyst Salary in Montana $36.61 $76,140 # 14
Business Analyst Salary in Colorado $38.97 $81,060 # 15
Business Analyst Salary in Vermont $37.76 $78,540 # 16
Business Analyst Salary in Alaska $38.92 $80,950 # 17
Business Analyst Salary in Illinois $39.04 $81,210 # 18
Business Analyst Salary in Alabama $38.87 $80,850 # 19
Business Analyst Salary in Rhode Island $39.53 $82,230 # 20
Business Analyst Salary in North Carolina $38.13 $79,310 # 21
Business Analyst Salary in Michigan $38.21 $79,480 # 22
Business Analyst Salary in Pennsylvania $36.61 $76,150 # 23
Business Analyst Salary in Minnesota $36.14 $75,170 # 24
Business Analyst Salary in Oregon $36.85 $76,660 # 25
Business Analyst Salary in Kansas $35.13 $73,080 # 26
Business Analyst Salary in Delaware $36.28 $75,450 # 27
Business Analyst Salary in Florida $32.44 $67,470 # 28
Business Analyst Salary in Tennessee $35.07 $72,950 # 29
Business Analyst Salary in Nevada $32.37 $67,330 # 30
Business Analyst Salary in Ohio $35.72 $74,290 # 31
Business Analyst Salary in Idaho $29.23 $60,810 # 32
Business Analyst Salary in Iowa $34.24 $71,230 # 33
Business Analyst Salary in Nebraska $36.10 $75,080 # 34
Business Analyst Salary in Wisconsin $34.24 $71,230 # 35
Business Analyst Salary in Utah $34.06 $70,850 # 36
Business Analyst Salary in Missouri $35.54 $73,930 # 37
Business Analyst Salary in Kentucky $33.88 $70,470 # 38
Business Analyst Salary in Arizona $32.74 $68,090 # 39
Business Analyst Salary in Indiana $33.14 $68,930 # 40
Business Analyst Salary in South Dakota $30.53 $63,490 # 41
Business Analyst Salary in Hawaii $35.40 $73,630 # 42
Business Analyst Salary in Louisiana $32.14 $66,850 # 43
Business Analyst Salary in South Carolina $32.14 $66,860 # 44
Business Analyst Salary in New Mexico $30.39 $63,220 # 45
Business Analyst Salary in Mississippi $30.43 $63,290 # 46
Business Analyst Salary in Oklahoma $31.20 $64,890 # 47
Business Analyst Salary in North Dakota $29.10 $60,530 # 48
Business Analyst Salary in West Virginia $33.44 $69,540 # 49
Business Analyst Salary in Maine $28.75 $59,800 # 50
Business Analyst Salary in Arkansas $24.48 $50,920 # 51
Source: U.S. Department of Labor Bureau of Labor Statistics

How to Become a Business Analyst

Interested in becoming a business analyst? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good business analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education
    Syracuse MBA

    A bachelors degree is required to be a Business Analyst. A business management and administration degree is preferred. Schools offering education in this field include:

    • Columbia College | Columbia, SC
      Offers: Certificate, Associates, Bachelors
    • Albertus Magnus College | New Haven, CT
      Offers: Certificate, Associates, Bachelors
    • Asnuntuck Community College | Enfield, CT
      Offers: Certificate, Associates
    • Lincoln College of New England-Southington | Southington, CT
      Offers: Certificate, Associates
    • University of Bridgeport | Bridgeport, CT
      Offers: Certificate, Associates, Bachelors
  3. Get Hired

      Loading jobs...

    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.