Data Analyst Salary Guide & Career Prospects

The average data analyst salary revolves around $55,000 – $60,000 per year, depending on a number of influencing factors. The average hourly pay is approximately $19. Becoming a data analyst is a popular career choice for many people with an analytical and number-oriented mind.

A data analyst collects, organizes, summarizes, interprets and redistributes data to company decision-makers or third parties. A senior data analyst is also involved in data reporting management and in overseeing data collection systems.

How Much Does a Data Analyst Make per Year by Country?

Aerospace Engineer SalaryUSCanadaUKAustraliaNew ZealandIndiaSouth Africa
Hourly Pay$23,06C$29.20E18,47AU$42,30NZ$20,35Rs 200,00R115,86
Annual Pay$60,842C$57,559E33,490AU$71,856NZ$61,119Rs465,012R266,219

data analyst salary

In order to become a successful data analyst, very strong statistical, research and IT skills are required. Specialized data analysis and processing skills in the financial, healthcare, marketing and communications sectors are also great pluses. A formal degree in a related subject is usually required before employment.

Analysts without formal education in the field but with very strong skills and a proven capacity to carry out complicated operations can also find employment quickly. A data analyst salary for an entry level position is lower than the overall average but is prone to grow quickly based on employee performance.

Data Analyst Salary Influencing Factors

1. Location

How Much Does a Data Analyst Make in the US?

Data Analyst Salary USPer YearPer Hour
Minimum$40,492$14.04
Maximum$81,191$32.08
Bonus/Tip$999 – $9,891No additional pay
OvertimeNo additional pay$20.39 – $45.23
Total Pay$36,643 – $81,661

How Much Does a Data Analyst Make in Canada?

Data Analyst Salary CanadaPer YearPer Hour
MinimumC$39,518C$15.18
MaximumC$75,599C$36.06
Bonus/TipC$994 – C$9,992No additional pay
OvertimeNo additional payC$21.14 – C$50.93
Total PayC$37,251 – C$76,543

How Much Does a Data Analyst Make in the UK?

Data Analyst Salary UKPer YearPer Hour
MinimumE21,780E9.16
MaximumE45,210E34.74
Bonus/TipE1,159 – E5,930No additional pay
OvertimeNo additional payE12.13 – E27.92
Total PayE21.800 to E47.680

How Much Does a Data Analyst Make in Australia?

Data Analyst Salary AustraliaPer YearPer Hour
MinimumAU$48,759AU$22.09
MaximumAU$94,953AU$62.51
Bonus/TipAU$518 – AU$10,067No additional pay
OvertimeNo additional payAU$35.00
Total PayAU$48,614 – AU$99,885

How Much Does a Data Analyst Make in New Zealand?

Data Analyst Salary New ZealandPer YearPer Hour
MinimumNZ$43,495NZ$16.00
MaximumNZ$78,743NZ$24.00
Bonus/TipNZ$824 – NZ$9,696No additional pay
OvertimeNo additional payNo additional pay
Total PayNZ$43,388 – NZ$78,416

How Much Does a Data Analyst Make in India?

Data Analyst Salary IndiaPer YearPer Hour
MinimumRs 165,255Rs 200.00
MaximumRs 764,800No additional pay
Bonus/TipRs 8,672 – Rs 115,009No additional pay
OvertimeNo additional payRs 49.87 – Rs 1,036
Total PayRs 168,987 – Rs 797,289

How Much Does a Data Analyst Make in South Africa?

Data Analyst Salary South AfricaPer YearPer Hour
MinimumR114,666R115.86
MaximumR417,771No additional pay
Bonus/TipR4,894 – R51,995No additional pay
OvertimeNo additional payR100.00
Total PayR114,675 – R429,703

The best data analyst jobs can be found in and around America’s largest tech hubs, particularly New York and San Francisco. San Francisco, for instance, offers almost a quarter of all big data analyst jobs in the US. Other good places to start are Chicago, Boston, Seattle and Los Angeles.

The average data analyst salary in such places will tend to be significantly higher than in other states. However, the jobs themselves are also likely to be far more demanding and will require serious dedication and effort.

 2. Experience

Experience in the health sector, especially in working with clinical data, is guaranteed to bring a great salary boost if you plan on working in this area. The crown jewel of specializing in data analysis in healthcare would be to become a Certified Health Data Analyst.

A big data analyst salary can also far exceed average sums due to the high technical complexity of the job, which requires a set of combined skills in statistics, mathematics, IT (SQL especially) & programming, research, management, and communication.

3. Industry

The main influencing factor for the average data analyst salary is the company and the specific industry it activates in. Regardless, the salary will be most likely a competitive one due to an increased demand for data analysts on the labor market.

Skilled data analysts are in very high demand today. The unprecedented amount of data out there will help companies to better understand the market and their clients.

Schedule & Working Hours

Data analysts generally work normal 40 hour weeks but could frequently work overtime when the situation demands it. Night shifts are uncommon, though sometimes they also have to work weekends due to an intense workload. The preferred workplace is the office. There must be constant interaction between the data analyst and other members of the team.

Data Analyst Salary by State

Below, we have prepared a table with the average data analyst salary across the US.

StateAnnual Mean Wage
Alabama$64,000
Alaska$46,000
Arizona$51,000
Arkansas$64,000
California$67,000
Colorado$56,000
Connecticut$72,000
Delaware$55,000
District of Columbia$79,000
Florida$58,000
Georgia$72,000
Hawaii$39,000
Idaho$41,000
Illinois$71,000
Indiana$60,000
Iowa$62,000
Kansas$57,000
Kentucky$54,000
Louisiana$56,000
Maine$55,000
Maryland$65,000
Massachusetts$75,000
Michigan$63,000
Minnesota$55,000
Mississippi$66,000
Missouri$62,000
Montana$52,000
Nebraska$46,000
Nevada$48,000
New Hampshire$62,000
New Jersey$68,000
New Mexico$55,000
New York$76,000
North Carolina$60,000
North Dakota$56,000
Ohio$60,000
Oklahoma$58,000
Oregon$61,000
Pennsylvania$61,000
Puerto Rico$61,000
Rhode Island$57,000
South Carolina$62,000
South Dakota$47,000
Tennessee$58,000
Texas$61,000
Utah$49,000
Vermont$55,000
Virginia$63,000
Washington$65,000
West Virginia$59,000
Wisconsin$56,000
Wyoming$52,000
US Average$59,096
Average Hourly Wage$19

Bonuses & Benefits

As a data analyst, you will have basic medical and dental insurance.

Career Outlook

Data analysis is a relatively new field, but one with huge potential in business development. Companies with big data analysis, data mining capabilities and at least one data collection center will be able to exponentially develop their know-how and quickly adapt to changing market conditions.  Furthermore, job retention is mostly based on work quality, as the job’s specifics demand a high level of data integrity, with little tolerance for errors.

Conclusion

An average data analyst salary ranks high on the US labor market. Strong numerical and analysis skills are an absolute must to fit the minimal job description. However, dedication and effort will eventually get you there. Another position for you to consider in the financial industry that makes use of such skills is that of a financial advisor.

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