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How much does a Research Analyst make?

The average salary for a Research Analyst is $81,231 per year in the US.

Research Analysts gather and analyze data to help businesses and organizations make informed decisions. They work in a variety of industries, including finance, healthcare, and technology. The average yearly salary for a Research Analyst is around $81,231. This salary can vary based on experience, location, and the specific industry.

The salary range for Research Analysts can be quite broad. The lowest-paid 10% earn about $38,988 per year. The highest-paid 10% earn over $188,000 annually. Most Research Analysts fall somewhere in the middle of this range. For example, those in the 25th percentile earn about $52,546, while those in the 75th percentile earn around $133,896. This shows that there are many opportunities for growth and higher earnings as a Research Analyst gains more experience and expertise.

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What are the highest paying cities for a Research Analyst?

Research Analysts can find top-tier salaries in several cities. San Francisco, CA, leads with an average salary of $114,263. Denver, CO, and Hartford, CT, follow closely, offering average salaries of $108,484 and $94,915, respectively. These cities provide excellent opportunities for professionals in this field.
Graph displaying highest paying cities salaries for Research Analyst jobs, highlighting San Francisco, CA with the highest at $114,263 and San Jose, CA with the lowest at $82,727.
  1. San Francisco, CA
    Average Salary: $114,263
    In San Francisco, you can find many tech giants where you can analyze data to help shape the future. Companies like Google and Salesforce offer exciting opportunities. The city's vibrant culture makes it a great place to work and live.
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  2. Denver, CO
    Average Salary: $108,484
    Denver offers a mix of outdoor adventure and professional growth. Working for companies like Charles Schwab, you can use your skills to drive business decisions. The city's friendly atmosphere makes it easy to balance work and leisure.
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  3. Hartford, CT
    Average Salary: $94,915
    Hartford is home to insurance companies like Aetna and Travelers. Here, you can analyze data to improve policies and services. The city's rich history and community spirit add to the work experience.
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  4. Boston, MA
    Average Salary: $94,255
    Boston is a hub of education and research. Working for firms like Fidelity Investments, you can contribute to groundbreaking projects. The city's academic environment fosters continuous learning and growth.
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  5. Seattle, WA
    Average Salary: $89,945
    Seattle offers a unique blend of tech and nature. Companies like Amazon and Microsoft provide dynamic environments for data analysis. The city's progressive culture makes it an exciting place to work.
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  6. Los Angeles, CA
    Average Salary: $89,379
    Los Angeles is a center for entertainment and media. Working for companies like Warner Bros., you can analyze data to enhance content creation. The city's diverse culture offers a rich backdrop for professional development.
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  7. Omaha, NE
    Average Salary: $89,329
    Omaha is known for its strong financial sector. Working for Berkshire Hathaway, you can analyze data to support investment decisions. The city's welcoming community makes it a great place to build a career.
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  8. Minneapolis, MN
    Average Salary: $88,097
    Minneapolis offers a mix of business and nature. Companies like Target provide opportunities to analyze data for retail insights. The city's vibrant arts scene adds to the quality of life.
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  9. San Diego, CA
    Average Salary: $83,877
    San Diego combines beautiful weather with a strong biotech sector. Working for companies like Illumina, you can analyze data to advance healthcare. The city's coastal lifestyle makes it an attractive place to live and work.
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  10. San Jose, CA
    Average Salary: $82,727
    San Jose is at the heart of Silicon Valley. Working for tech companies like Cisco, you can analyze data to drive innovation. The city's fast-paced environment offers many opportunities for growth.
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What are the best companies a Research Analyst can work for?

Research Analysts can find top-paying opportunities with the Institute for Defense Analyses, offering an average salary of $186,029. Google also provides a competitive salary of $158,250 for these roles. Another notable employer is Booz Allen Hamilton, with an average salary of $128,338.
Graph displaying best paying company salaries for Research Analyst jobs, highlighting Institute for Defense Analyses with the highest at $186,029 and Stanford University with the lowest at $96,421.
  1. Institute for Defense Analyses
    Average Salary: $186,029
    The Institute for Defense Analyses offers Research Analyst jobs with a focus on defense and security. They work in Alexandria, Virginia, and other locations. Analysts here conduct in-depth research and analysis to support national security efforts.


  2. Google
    Average Salary: $158,250
    Google provides Research Analyst positions with a focus on data analysis and market research. They operate in many locations, including Mountain View, California. Analysts at Google work on projects that help improve products and services.


  3. Booz Allen Hamilton
    Average Salary: $128,338
    Booz Allen Hamilton offers Research Analyst jobs with a focus on consulting and analysis. They work in McLean, Virginia, and other locations. Analysts here support clients with research and strategic insights.


  4. HII
    Average Salary: $122,566
    HII provides Research Analyst jobs with a focus on defense and aerospace technology. They operate in Newport News, Virginia, and other locations. Analysts at HII conduct research to support national defense projects.


  5. University of California Los Angeles
    Average Salary: $112,997
    UCLA offers Research Analyst jobs with a focus on academic research. They operate in Los Angeles, California. Analysts here support faculty with data analysis and research projects.


  6. UC Davis
    Average Salary: $102,169
    UC Davis provides Research Analyst jobs with a focus on agricultural and environmental research. They operate in Davis, California. Analysts here conduct research to support sustainable practices.


  7. State of Washington
    Average Salary: $100,558
    The State of Washington offers Research Analyst jobs with a focus on public policy and data analysis. They operate in Olympia, Washington, and other locations. Analysts here support government initiatives with research and analysis.


  8. University of California - San Francisco
    Average Salary: $99,451
    UCSF offers Research Analyst jobs with a focus on medical and health research. They operate in San Francisco, California. Analysts here support medical research and clinical studies.


  9. UC San Diego Health
    Average Salary: $96,518
    UC San Diego Health provides Research Analyst jobs with a focus on healthcare research. They operate in San Diego, California. Analysts here support medical research and patient care initiatives.


  10. Stanford University
    Average Salary: $96,421
    Stanford University offers Research Analyst jobs with a focus on academic and scientific research. They operate in Stanford, California. Analysts here support faculty with data analysis and research projects.

How to earn more as a Research Analyst?

A Research Analyst can increase their earnings by focusing on several key areas. First, gaining experience in specialized fields can lead to higher-paying positions. For example, analysts with expertise in finance or healthcare often command higher salaries. Second, obtaining advanced certifications can enhance skills and marketability. Certifications such as CFA or FRM can open doors to better-paying roles. Third, developing strong analytical skills and proficiency in data analysis tools can make an analyst more valuable. Fourth, networking within the industry can lead to job opportunities that offer higher compensation. Finally, seeking roles in larger companies or those with a strong financial performance can result in better pay packages.

To maximize earnings, a Research Analyst should consider the following factors:

  1. Specialized expertise in high-demand fields
  2. Advanced certifications and qualifications
  3. Strong analytical and data analysis skills
  4. Effective networking within the industry
  5. Targeting roles in larger or financially strong companies

Currently 247 Research Analyst job openings, nationwide.

How's the job market for a Research Analyst in the US?

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