What is the Average Senior Business Intelligence Analyst Salary in the US?
As businesses become increasingly data-driven, the role of business intelligence analysts has become more important than ever. These professionals are responsible for collecting, analyzing, and interpreting large amounts of data to help organizations make informed business decisions. But what is the average salary for this role in the US?
Overview of Business Intelligence Analyst Salaries
According to the US Bureau of Labor Statistics, the median annual salary for all management analysts, including business intelligence analysts, was $87,660 as of May 2020. However, it’s important to note that the salary range for this role can vary widely depending on several factors, including experience, industry, location, and company size.
Factors Affecting Senior Business Intelligence Analyst Salaries
1. Experience: As with most roles, experience plays a critical role in determining a senior business intelligence analyst’s salary. Most companies require at least five years of experience in data analysis or a related field for this senior-level position.
2. Industry: The industry a senior business intelligence analyst works in can significantly impact their salary. For example, those working in finance and insurance tend to earn higher salaries compared to those working in retail or hospitality industries.
3. Location: Salaries for senior business intelligence analysts also vary depending on their location. Generally, salaries are higher in major cities with a higher cost of living, such as San Francisco or New York City.
4. Company Size: Finally, the size of the company a senior business intelligence analyst works for can impact their salary. Larger companies tend to offer higher salaries, as they typically have more resources to support these roles.
Examples of Senior Business Intelligence Analyst Salaries
While salaries for senior business intelligence analysts can vary widely, here are a few examples of what you might expect to earn in this role based on industry and location.
– Finance and Insurance Industry: In New York City, a senior business intelligence analyst in finance and insurance can expect to earn between $114,000 and $147,000, according to Glassdoor.
– Healthcare Industry: A senior business intelligence analyst working in the healthcare industry in San Francisco can expect to earn between $110,000 and $145,000, according to Payscale.
– Information Technology Industry: In Austin, Texas, a senior business intelligence analyst working in the information technology industry can expect to earn between $98,000 and $122,000, according to Glassdoor.
Conclusion
Overall, salaries for senior business intelligence analysts can vary significantly depending on multiple factors, such as experience, industry, location, and company size. However, these professionals can expect to earn a competitive salary in return for their expertise in data analysis and interpretation.
