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How much does a Research Analyst make?

The average salary for a Research Analyst is $85,278 per year in the US.

Research analysts collect and analyze data to help businesses and organizations make smart decisions. This role is crucial in many industries, including marketing, finance, and healthcare. For those considering a career in research, understanding the salary can be very important.

Research analysts earn an average yearly salary of about $85,278. This number can vary based on experience, education, and the industry. For instance, those with more experience often earn higher salaries. Also, specific industries might pay more, like those in finance or pharmaceuticals.

The salary range for research analysts is quite broad. At the lower end, some entry-level positions might start around $38,200 per year. At the higher end, experienced analysts can earn more than $197,500 annually. This wide range shows there are many opportunities for growth and advancement in this field.

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What are the highest paying cities for a Research Analyst?

Research Analysts in Charlotte, NC, often find the highest pay in the industry. With an average salary of $130,530, professionals in this city can expect competitive compensation. Minneapolis, MN, follows closely with an average salary of $120,053, offering another attractive option for job seekers. Charlotte and Minneapolis stand out as top choices for those seeking well-compensated Research Analyst roles. San Francisco, CA, also ranks high with an average salary of $115,571, making it another desirable location. These cities provide excellent opportunities for career growth and financial stability in the research field.
Graph displaying highest paying cities salaries for Research Analyst jobs, highlighting Charlotte, NC with the highest at $130,530 and San Diego, CA with the lowest at $89,345.
  1. Charlotte, NC
    Average Salary: $130,530
    Charlotte is known for its booming tech sector and financial industries. Professionals gather at companies like Bank of America and Wells Fargo. They gather and analyze data to guide business decisions.
    Find Research Analyst jobs in Charlotte, NC


  2. Minneapolis, MN
    Average Salary: $120,053
    Minneapolis offers a vibrant job market in health care and tech. Companies such as UnitedHealth Group and 3M hire experts to interpret data and trends. They play a key role in strategy and innovation.
    Find Research Analyst jobs in Minneapolis, MN


  3. San Francisco, CA
    Average Salary: $115,571
    San Francisco’s tech hub draws many skilled analysts. Companies like Google and Salesforce depend on data to refine their services. They work in fast-paced environments, driving tech forward.
    Find Research Analyst jobs in San Francisco, CA


  4. Boston, MA
    Average Salary: $110,606
    Boston’s rich history in education and research makes it a great place for analysts. Firms such as Biogen and State Street use data to guide their operations. They contribute to cutting-edge research and development.
    Find Research Analyst jobs in Boston, MA


  5. San Jose, CA
    Average Salary: $97,862
    San Jose, the heart of Silicon Valley, offers many opportunities for data experts. Companies like Apple and Cisco rely on data analysis. They work in an environment that encourages innovation.
    Find Research Analyst jobs in San Jose, CA


  6. Los Angeles, CA
    Average Salary: $97,749
    Los Angeles boasts a diverse job market with many entertainment and tech firms. Companies such as Amazon and Netflix use data to shape their strategies. They thrive in a dynamic and creative atmosphere.
    Find Research Analyst jobs in Los Angeles, CA


  7. Seattle, WA
    Average Salary: $96,838
    Seattle offers a mix of tech and natural beauty. Companies like Microsoft and Amazon need data experts. They analyze data to improve services and products in a tech-savvy environment.
    Find Research Analyst jobs in Seattle, WA


  8. Hartford, CT
    Average Salary: $95,903
    Hartford is home to insurance giants like The Hartford and Aetna. Professionals here gather data to support decision-making. They work in a stable and supportive corporate culture.
    Find Research Analyst jobs in Hartford, CT


  9. Denver, CO
    Average Salary: $89,742
    Denver has a growing tech scene and outdoor attractions. Companies like Charles Schwab and Xcel Energy hire data experts. They use data to improve services and strategies in a thriving market.
    Find Research Analyst jobs in Denver, CO


  10. San Diego, CA
    Average Salary: $89,345
    San Diego offers a blend of tech and biotech opportunities. Firms such as Qualcomm and Illumina depend on data analysis. They work in a dynamic environment with a focus on innovation.
    Find Research Analyst jobs in San Diego, CA

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

Job seekers looking to excel as Research Analysts should consider top-paying firms such as Ameriprise Financial Services, LLC and the Institute for Defense Analyses. Both organizations offer competitive salaries that reflect the value they place on analytical skills. Companies like Google and Rockefeller Capital Management also provide attractive compensation packages for those in this field. Seeking employment at one of these top firms can lead to rewarding career opportunities and excellent earning potential. The data shows that these companies prioritize high-caliber research and analysis, making them ideal choices for job seekers.
Graph displaying best paying company salaries for Research Analyst jobs, highlighting Ameriprise Financial Services, LLC with the highest at $197,500 and University of California, San Francisco with the lowest at $93,808.
  1. Ameriprise Financial Services, LLC
    Average Salary: $197,500
    Ameriprise Financial Services, LLC offers top-tier positions for Research Analysts. The company operates nationwide, providing research and analysis to support financial planning and investment decisions. Analysts contribute to developing insights that help clients achieve their financial goals.


  2. Institute for Defense Analyses
    Average Salary: $192,687
    The Institute for Defense Analyses provides Research Analysts with a chance to work on critical national defense projects. This non-profit research organization operates in Alexandria, Virginia. Analysts focus on complex defense and security issues, working on projects that impact national security.


  3. Google
    Average Salary: $158,065
    Google offers exciting opportunities for Research Analysts, supporting various projects across the globe. The company’s headquarters are in Mountain View, California, with offices worldwide. Analysts work on projects that shape Google’s products and services, making data-driven decisions to improve user experience.


  4. Rockefeller Capital Management
    Average Salary: $137,321
    Rockefeller Capital Management provides Research Analysts with an environment to develop their skills. The company operates in Houston, Texas, focusing on investment management. Analysts conduct in-depth research and analysis to support investment strategies.


  5. Liberty Mutual Insurance
    Average Salary: $117,625
    Liberty Mutual Insurance offers Research Analysts the chance to work in a dynamic insurance environment. Operating across the United States, the company provides research to support underwriting and claims decisions. Analysts play a key role in shaping insurance policies and practices.


  6. University of California, Los Angeles - School of Law
    Average Salary: $106,187
    The University of California, Los Angeles - School of Law provides Research Analysts with an academic setting. Located in Los Angeles, California, the school offers opportunities to conduct legal research. Analysts contribute to scholarly publications and support faculty research projects.


  7. Stanford University
    Average Salary: $97,843
    Stanford University offers Research Analysts positions in a prestigious academic environment. Based in Stanford, California, the university provides opportunities to conduct innovative research. Analysts support various departments and contribute to academic publications.


  8. State of Connecticut
    Average Salary: $95,278
    The State of Connecticut offers Research Analysts positions in government. Operating across the state, the government provides research to support policy-making and public administration. Analysts work on projects that impact state services and programs.


  9. S&P Global
    Average Salary: $94,169
    S&P Global offers Research Analysts positions in a leading financial services company. Headquartered in New York, New York, the company provides analysis and data to the financial industry. Analysts conduct in-depth research to support investment and credit decisions.


  10. University of California, San Francisco
    Average Salary: $93,808
    The University of California, San Francisco provides Research Analysts with an academic medical setting. Located in San Francisco, California, the university offers opportunities to conduct health-related research. Analysts support faculty research projects and contribute to medical advancements.

How to earn more as a Research Analyst?

Becoming a Research Analyst offers many opportunities for growth and increased earnings. Pursuing advanced skills and certifications can help. Research Analysts often find that specialization and additional training lead to higher salaries. Networking with professionals in the field opens doors to more lucrative positions. Job seekers can achieve these goals through focused effort and strategic planning.

Consider these key factors to increase earnings as a Research Analyst:

  1. Advanced Education: Obtain a master's degree in a relevant field. This can open doors to higher-paying jobs.
  2. Certifications: Get recognized certifications, such as CFA or FRM. These can boost earning potential.
  3. Specialization: Focus on a niche area, like financial research or market analysis. Expertise in a specific field can command higher salaries.
  4. Networking: Attend industry conferences and join professional organizations. This helps to connect with potential employers and peers.
  5. Experience: Gain experience through internships or entry-level positions. Accumulated experience often leads to higher positions and salaries.

Currently 300 Research Analyst job openings, nationwide.

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

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Research Analyst
300 Job Openings