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Business Analyst Salary
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The business analyst salary varies greatly depending on numerous factors. The city where you live, experience, education and industry in which you work all play a major role in the business analyst salary. The average salary for a business analyst is approximately $61,000.
Popular industries in this career field are IT services, IT consulting, healthcare, financial services and insurance. The IT services industry offers a very lucrative business analyst salary at a range of approximately $54,352 to $80,087 per year. The healthcare industry offers a lower business analyst salary at $51,666 to $75,656 depending on geographic location, education and experience level.
Level of education and degree obtained are huge in determining business analyst salary. Those with a Bachelor of Science or Business Administration degree earn on average $44,520 to $61,971 while those with a Master of Business Administration (MBA) degree earn between $59,279 and $81,308 annually.
States that offer the highest business analyst salary include California, New Jersey, Arizona, Illinois and New York. Those working in large metropolitan areas can expect to earn a higher business analyst salary than an individual working in a rural area or small town.
Business Analyst Salary Information
| Average salary of entry-level business analyst in United States | $51,406 | | Average salary of experienced business analyst in United States | $79,924 |
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