Data Analyst Role Salary Guide – Maximize Your Worth!
03/26/2022 2022-03-26 22:06Data Analyst Role Salary Guide – Maximize Your Worth!
Data Analyst Role Salary Guide – Maximize Your Worth!
Are you looking at transitioning into a data science or data analyst role? If you’re serious about becoming a professional data analyst, you would want to know if it’s worth your while. Hence, you should find out the average data analyst salary for your experience level.
This knowledge will help you decide if you should pursue a career in data analytics, how much to expect if you do, and how NOT to undersell your value.
We’ll cover all that and more in this post. But first thing’s first: how much does a data analyst make?
The average data analyst in the United States, United Kingdom, and Canada makes between $36,000 to $153,000 a year. This salary varies based on skill level, experience, region, industry, and company size. The earnings include both base and additional pay for data analysts in the three countries.
Average Data Analyst Salary
The average data analyst salary is $65,300 per year. We derived this figure by analyzing the average salary in the top three countries with respect to data analyst jobs (both remote and on-site) – the US, UK, and Canada.
Using hundreds of thousands of datasets from the world’s largest career database site, Glassdoor.com, we came up with the most accurate information possible.
Here’s a quick rundown of their respective average salaries:
Average Data Analyst Salaries in the United States
Data analysts in the US earn between $36,000 to $153,000 per year. On average, they make $94,500k annually.
Average Data Analyst Salaries in the United Kingdom
UK data analysts earn annual salaries that range from $36,000 to $59,000. The average salary here is about $47,500 per year.
Average Data Analyst Salaries in Canada
Data analytics professionals in Canada earn $43,000 to $65,000 every year. The average analyst in Canada makes $54,000 per year.
Data Analyst Salary Based On Experience Levels
There are typically four experience levels in tech jobs:
- Entry-level (0-3 years)
- Intermediate (4-6 years)
- Senior (7-9 years)
- Advanced Senior (10-15+ years)
The table below illustrates the average annual salary of data analysts in various countries, based on their experience levels.
EXPERIENCE LEVEL | United States | United Kingdom | Canada |
Entry-Level | $99,000 | $46,000 | $52,000 |
Intermediate | $100,000 | $50,000 | $60,000 |
Senior | $102,000 | $52,000 | $63,000 |
Advanced Senior | $106,000 | $54,000 | $65,000 |
Key points from the above data:
- the average data analyst entry-level salary is $65,700 a year
- the average intermediate data analyst salary is $70,000 per year
- the average senior data analyst salary is $72,300 a year
- the average advanced senior-level data analyst salary is $75,000 per year
Highest Data Analyst Salary By Industry
So, what industries pay the most for data analytics services. Here are the top 10 and their maximum salary caps.
- Networking – $110,000
- Software/IT – $105,000
- Entertainment – $103,000
- Energy – $101,000
- Finance – $100,000
- Fitness – $95,000
- Retail – $94,000
- Consumer Goods – $93,000
- Manufacturing – $93,000
- Health Care – $89,000
Data Analyst Salary FAQ
Is Data Analytics a High-Paying Job?
Yes, data analytics is a high-paying job as it surpasses many other tech careers. With an average salary of $65,300 per year, it pays more than data entry, virtual assistance, tech support, and more.
What is the Highest Data Analyst Salary?
The highest data analyst salary cap is $153,000. While there are pros that earn more than that figure, this is the common offer from mega-companies looking for advanced senior data analysts.
How Do I Increase Data Analyst Salary?
Whether your salary as a data analyst is too low or you are yet to break into the industry, here are a few tips to help you get a more befitting salary:
- Apply for jobs in high-paying locations such as the US and Canada
- Learn how to negotiate better
- Specialize in a tighter niche
- Earn a certification from a respected institution
Bottom Line
Never sell yourself short. Becoming a data analyst is worth the time and money you’ll invest only if you have a clear understanding of the salary structure. If you’re unsure of how to break into the industry, here’s a short post to assist you. In it, you’ll learn how easy it is to transition into the data analytics field.