Business Intelligence Analyst Salary by State

If you happen to’re already within the business or exploring your choices, we’ll clarify the standard salaries for this place primarily based on the place you reside, and why it is necessary to think about the price of dwelling earlier than accepting a proposal.

How A lot Do Enterprise Intelligence Analysts Make?

In keeping with job search platform Glassdoor, enterprise intelligence analysts in the US earn a median of $99,306 per yr.

In keeping with Glassdoor, the highest-paying state for this job is California, the place enterprise intelligence analysts earn a median of $107,052 a yr. New York ($105,549), Washington ($104,098), New Jersey ($102,505) and Texas ($101,952) rounded out the highest 5. In the meantime, the states with the bottom salaries for BI analysts are North Dakota, South Dakota, Vermont, D.C. and New Mexico.

It is necessary to notice that the bottom wage supplied by Glassdoor doesn’t embody further earnings akin to bonuses or fairness. Common bonuses for analysts hover round $5,000 a yr, based on Jody Thelander, a compensation guide with a decade of expertise analyzing company wage developments.

Additionally, take into account that your earnings could fall above or beneath your state’s vary for quite a few causes, akin to your background or expertise or the kind of firm you are making use of to. Startups, for instance, have smaller hiring budgets than tech giants, and the way nicely you negotiate wage.

To not point out that provide and demand can determine which position to play by way of pay. Information from Thelander exhibits that general money compensation for analyst positions has declined since 2022, which it attributes to the truth that the employer market is stronger immediately than it was two years in the past.

Enterprise Intelligence vs. Enterprise Intelligence: What is the Distinction?

Enterprise intelligence and enterprise intelligence are sometimes thrown collectively in tandem—and for good cause. Each require consolation and data of information and databases, and have a tendency to draw individuals with backgrounds in pc science, statistics, or arithmetic.

Nevertheless, one strategy to distinguish them is their objectives: In its weblog, the Harvard Enterprise Intelligence Program states that enterprise analysts search to foretell future outcomes, whereas BI analysts are extra targeted on fixing issues within the right here and now. As a result of every objective is vital to the group’s success, it is not unusual for a technical staff to rent and put money into each sorts of specialists. The scale and tenure of an organization additionally impacts whether or not it’s supported by enterprise intelligence or enterprise intelligence.

Price of dwelling

Your buying energy is determined by the place you reside. The price of dwelling can also be one of many explanation why salaries in some states are increased than in others.

California, New York and Washington have among the highest cost-of-living indexes — as measured by the price of dwelling in comparison with the nationwide common — in addition to the best salaries for enterprise intelligence analysts.

In fact, there are exceptions to this. Take Texas: The state’s price of dwelling is decrease than the US, however it’s nonetheless the fifth-highest earnings state for BI analysts. In different places, like North Carolina or Georgia, you may earn wage, however nonetheless pay much less for meals, transportation or housing in comparison with the remainder of the nation.

Enterprise Intelligence Analyst Wage by State

The next enterprise intelligence analyst wage data is predicated on self-reported information collected by Glassdoor. The price of dwelling index for every state comes from the newest Social and Financial Analysis Council report, as cited by the Missouri Middle for Financial Analysis and Info.

Takeaway

In states with a big tech presence, akin to California, Washington, and New York, you may earn greater than $104,000 a yr as a enterprise intelligence analyst. The bottom wage for a BI analyst is in New Mexico, the place the state common is round $72,000 per yr.

Wage negotiation is not simply inspired—firms anticipate it and sometimes finances for it. That is why Thelander suggests not solely wanting on the general median compensation values, but additionally the twenty fifth, fiftieth, and seventy fifth percentiles. Put your self within the firm’s sneakers: “See what they see of you by way of your profession and what ability set you have got,” she says, including that high-performing or specialised professionals could command a wage increased than what’s typical to your firms. location or identify.