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 Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
|Hourly Pay||$23,06||C$29.20||E18,47||AU$42,30||NZ$20,35||Rs 200,00||R115,86|
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
How Much Does a Data Analyst Make in the US?
|Data Analyst Salary US||Per Year||Per Hour|
|Bonus/Tip||$999 – $9,891||No additional pay|
|Overtime||No additional pay||$20.39 – $45.23|
|Total Pay||$36,643 – $81,661|
How Much Does a Data Analyst Make in Canada?
|Data Analyst Salary Canada||Per Year||Per Hour|
|Bonus/Tip||C$994 – C$9,992||No additional pay|
|Overtime||No additional pay||C$21.14 – C$50.93|
|Total Pay||C$37,251 – C$76,543|
How Much Does a Data Analyst Make in the UK?
|Data Analyst Salary UK||Per Year||Per Hour|
|Bonus/Tip||E1,159 – E5,930||No additional pay|
|Overtime||No additional pay||E12.13 – E27.92|
|Total Pay||E21.800 to E47.680|
How Much Does a Data Analyst Make in Australia?
|Data Analyst Salary Australia||Per Year||Per Hour|
|Bonus/Tip||AU$518 – AU$10,067||No additional pay|
|Overtime||No additional pay||AU$35.00|
|Total Pay||AU$48,614 – AU$99,885|
How Much Does a Data Analyst Make in New Zealand?
|Data Analyst Salary New Zealand||Per Year||Per Hour|
|Bonus/Tip||NZ$824 – NZ$9,696||No additional pay|
|Overtime||No additional pay||No additional pay|
|Total Pay||NZ$43,388 – NZ$78,416|
How Much Does a Data Analyst Make in India?
|Data Analyst Salary India||Per Year||Per Hour|
|Minimum||Rs 165,255||Rs 200.00|
|Maximum||Rs 764,800||No additional pay|
|Bonus/Tip||Rs 8,672 – Rs 115,009||No additional pay|
|Overtime||No additional pay||Rs 49.87 – Rs 1,036|
|Total Pay||Rs 168,987 – Rs 797,289|
How Much Does a Data Analyst Make in South Africa?
|Data Analyst Salary South Africa||Per Year||Per Hour|
|Maximum||R417,771||No additional pay|
|Bonus/Tip||R4,894 – R51,995||No additional pay|
|Overtime||No additional pay||R100.00|
|Total Pay||R114,675 – 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.
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.
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.
|State||Annual Mean Wage|
|District of Columbia||$79,000|
|Average Hourly Wage||$19|
Bonuses & Benefits
As a data analyst, you will have basic medical and dental insurance.
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.
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.