Business Analyst Salaries

Updated on Dec 17, 2024
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Salary

How much does a Business Analyst make?

The average salary for a Business Analyst is $91,071 per year in the US.

A Business Analyst can expect to earn a good salary. The average yearly salary for this role stands at around $91,071. However, actual salaries can vary widely based on experience, location, and specific skills.


At the lower end of the scale, starting salaries begin around $47,500, which allows new professionals to enter this field. As individuals gain experience, salaries can increase significantly. For instance, analysts with a few years of experience typically earn between $66,000 and $86,000.


More experienced Business Analysts can earn impressive salaries of $105,000 to $115,000. Top professionals in the field may even reach salaries above $150,000. This range shows how a Business Analyst role can be both rewarding and financially beneficial with the right skills and experience. Pursuing continuous learning and professional development can lead to even greater earning potential in this exciting field.

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What are the highest paying cities for a Business Analyst?

San Francisco, CA, offers the highest average salary for Business Analysts at $117,048, closely followed by San Jose, CA, with an average of $112,833. Other top-paying cities include Hartford, CT, and Rochester, MN, with salaries around $103,890 and $102,656, respectively. These cities provide excellent opportunities for professionals looking to advance their careers in this field.
Graph displaying highest paying cities salaries for Business Analyst jobs, highlighting San Francisco, CA with the highest at $117,048 and Springfield, IL with the lowest at $97,638.
  1. San Francisco, CA
    Average Salary: $117,048
    In San Francisco, professionals can thrive in a fast-paced environment with top tech companies like Salesforce and Uber. The demand for skilled analysts continues to grow, making it a great place to develop your career.
    Find Business Analyst jobs in San Francisco, CA


  2. San Jose, CA
    Average Salary: $112,833
    San Jose is at the heart of Silicon Valley, offering amazing opportunities in tech companies such as Adobe and Cisco. Analysts here play a key role in helping organizations make data-driven decisions.
    Find Business Analyst jobs in San Jose, CA


  3. Hartford, CT
    Average Salary: $103,890
    Hartford, known as the insurance capital of the world, offers excellent opportunities for analysts in the finance sector. Companies like Aetna and Hartford Steam Boiler provide a stable environment for career growth.
    Find Business Analyst jobs in Hartford, CT


  4. Rochester, MN
    Average Salary: $102,656
    Rochester is home to the famous Mayo Clinic, which values data analysis in healthcare. Analysts will find a rewarding career supporting patient care and operational efficiency.
    Find Business Analyst jobs in Rochester, MN


  5. Springfield, MA
    Average Salary: $101,491
    In Springfield, you can find a blend of industries, from healthcare to education. This city offers many roles for analysts looking to contribute to meaningful business solutions.
    Find Business Analyst jobs in Springfield, MA


  6. Stamford, CT
    Average Salary: $100,053
    Stamford is a thriving business hub with many corporations in finance and media, such as XPO Logistics and NBC Sports. Analysts can enjoy a dynamic work environment and competitive salaries.
    Find Business Analyst jobs in Stamford, CT


  7. Albany, NY
    Average Salary: $99,468
    Albany provides positions within state government and finance, with companies emphasizing analytical skills. Analysts will play a crucial part in shaping policies and improving community services.
    Find Business Analyst jobs in Albany, NY


  8. Stockton, CA
    Average Salary: $99,045
    Stockton offers a growing job market, especially in logistics and agriculture. Analysts can assist businesses in optimizing operations and improving efficiency in this vibrant city.
    Find Business Analyst jobs in Stockton, CA


  9. Charlotte, NC
    Average Salary: $97,824
    Charlotte is a major financial center with corporations like Bank of America and Wells Fargo. Analysts will find many opportunities to drive business strategies in a friendly, growing city.
    Find Business Analyst jobs in Charlotte, NC


  10. Springfield, IL
    Average Salary: $97,638
    Springfield, the state capital, has opportunities in government and education. Analysts here can impact public policy and educational programs, making a difference in the community.
    Find Business Analyst jobs in Springfield, IL

What are the best companies a Business Analyst can work for?

Top companies for Business Analyst jobs offer impressive salaries that reflect their commitment to talent. EY leads the way with an average salary of $182,854, followed closely by PwC at $166,000. Other notable employers include TikTok and Apple, offering average salaries of $162,650 and $158,128, respectively, making these organizations excellent choices for job seekers looking to maximize their earning potential.
Graph displaying best paying company salaries for Business Analyst jobs, highlighting EY with the highest at $182,854 and City and County of San Francisco with the lowest at $140,823.
  1. EY
    Average Salary: $182,854
    EY offers Business Analyst roles that focus on innovative solutions and client relationships. The company operates globally, with strong presences in major cities such as New York, London, and Sydney.


  2. PwC
    Average Salary: $166,000
    PwC employs Business Analysts to drive strategic results within diverse industries. The company is present in cities across the world, including Chicago, Toronto, and Frankfurt.


  3. TikTok
    Average Salary: $162,650
    At TikTok, Business Analysts play a key role in optimizing user experience and data-driven decisions. The company primarily operates in tech hubs like Los Angeles and San Francisco.


  4. Apple
    Average Salary: $158,128
    Apple offers exciting opportunities for Business Analysts to work on innovative products and services. Major locations include Cupertino and Austin, where teams collaborate closely.


  5. Wells Fargo
    Average Salary: $156,886
    Wells Fargo seeks Business Analysts to enhance financial services and improve client solutions. The company has a significant presence in cities like San Francisco, New York, and Charlotte.


  6. Global Resources, LLC
    Average Salary: $153,500
    Global Resources, LLC provides Business Analysts with diverse and impactful projects across various sectors. The company operates mainly in the United States, focusing on major metropolitan areas.


  7. AES Corporation
    Average Salary: $145,831
    AES Corporation engages Business Analysts in optimizing energy solutions and operational efficiencies. Key locations include Arlington and other cities with energy markets.


  8. Computer Consultants International, Inc. (CCI)
    Average Salary: $141,292
    Computer Consultants International, Inc. values Business Analysts who contribute to various IT consulting projects. The company serves clients across the United States.


  9. Intuit
    Average Salary: $141,012
    Intuit employs Business Analysts to enhance financial software and services. The company operates primarily in California, with offices in Mountain View and San Diego.


  10. City and County of San Francisco
    Average Salary: $140,823
    The City and County of San Francisco hires Business Analysts to improve public services and policy strategies. This government entity operates throughout the city, engaging with the community.

How to earn more as a Business Analyst?

To earn more as a Business Analyst, focus on these key factors:
  • Gain Relevant Certifications: Obtain certifications such as CBAP (Certified Business Analysis Professional) or PMI-PBA (Professional in Business Analysis). These credentials can boost your credibility and salary potential.
  • Develop Specialized Skills: Learn in-demand skills like data analysis, SQL, and project management. The more skills you have, the more valuable you become to employers.
  • Network Effectively: Build connections with professionals in your field. Attend industry events and join online groups to meet potential employers or mentors.
  • Seek Advanced Roles: Aim for higher positions like Senior Business Analyst or Business Analyst Manager. These roles offer more responsibilities and higher salaries.
  • Negotiate Your Salary: When you're offered a job or a promotion, research the market rate and confidently negotiate your salary. Employers expect this and it can lead to better pay.

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Currently 2,129 Business Analyst job openings, nationwide!

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Learn what a Business Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Business Analyst today.
Position
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Business Analyst
2,129 Job Openings