Free AI web copilot to create summaries, insights and extended knowledge, download it at here

Abstract

m high at first glance but note that the Salaries include Data Analysts of various levels of experience (from 0 to more than 15 years) and the salaries vary wildly depending on the location and company.</b></p><h1 id="137c">If we only look at Salaries for Data Analyst positions that have 0–2 years of experience — the Median Salary drops to $80K.</h1><figure id="8840"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*IkrqM_i5WbcXkVtq1Dp8yA.png"><figcaption>Histogram of Base Salary (Jobs With 0-2 Years of Experience)</figcaption></figure><h1 id="1251">Median Salary breakdown by Years of Experience</h1><figure id="9d1c"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*7ZUEynSS_Jn1YORvqYRfUw.png"><figcaption></figcaption></figure><h1 id="f870">Which States have the highest Salary?</h1><p id="5395">1. California —$ 139K 2. Washington — $121K 3. Massachusetts—$ 121K 4. Virginia— $115K 5. New York —$ 112K</p><figure id="7244"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*4Kj-eToeeTym81Y_1LtopQ.png"><figcaption>Median Salary By State</figcaption></figure><h1 id="35dd">Which Cities have the highest Salary?</h1><p id="7676">1. Menlo Park, CA — $234K 2. Foster City, CA —$ 229K 3. Tucson, AZ —

Options

$224K</p><p id="5206">Not surprisingly, 10/14 of the highest paying cities are in California.</p><figure id="ed79"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*7l7NXjIWNlNLEVFsRZRIcg.png"><figcaption>Cities with Highest Reported Salary</figcaption></figure><h1 id="07a7">Which Cities have the lowest Salary?</h1><p id="6a1e">1. West Palm Beach, FL —$ 65K 2. District Heights, MD — $64K 3. Rochester, NY —$ 64K</p><figure id="1643"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*Mnz42PNuFQhlxXSP2cyvXw.png"><figcaption>Cities with Lowest Reported Salary</figcaption></figure><h1 id="871b">Which are the highest paying Companies?</h1><p id="c9cb">1. Google — $234K 2. Intuit —$ 229K 3. PayPal— $224K 4. Facebook —$ 182K 5. Apple — $165K</p><figure id="beeb"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*JGZQuNik6YAuX8ifGZniXg.png"><figcaption>Companies with the Highest Reported Salary</figcaption></figure><p id="811f">You can find the Raw data file and the Analysis notebook on my GitHub profile <a href="https://github.com/praneethkvs/Data-Analyst-Salary-in-2023-Analysis">here</a>. Thanks for reading and make sure to follow me for more posts related to all things Data!</p></article></body>

How much can you make as a Data Analyst in 2023?

Man in a suit with banknotes raining from the sky (Generated using StableDiffusion)

The demand for Data Analysts in 2023 is at an all time high but the competition is even higher! So is it still worth becoming a Data Analyst in 2023 ? — putting everything else aside, to answer this from a purely financial standpoint — I scraped 1000 Salaries reported by real Data Analysts working in the United States in 2023.

The Salary Numbers don’t lie!

The Median Salary reported for a “Data Analyst” position in 2023 is $100K.

Comparing this to the Overall Median Salary in 2023 as reported by the US Department of Labor which is at $57,200, Data Analysts earn almost twice as much.

The $100K number might seem high at first glance but note that the Salaries include Data Analysts of various levels of experience (from 0 to more than 15 years) and the salaries vary wildly depending on the location and company.

If we only look at Salaries for Data Analyst positions that have 0–2 years of experience — the Median Salary drops to $80K.

Histogram of Base Salary (Jobs With 0–2 Years of Experience)

Median Salary breakdown by Years of Experience

Which States have the highest Salary?

1. California — $139K 2. Washington — $121K 3. Massachusetts— $121K 4. Virginia— $115K 5. New York — $112K

Which Cities have the highest Salary?

1. Menlo Park, CA — $234K 2. Foster City, CA — $229K 3. Tucson, AZ — $224K

Not surprisingly, 10/14 of the highest paying cities are in California.

Which Cities have the lowest Salary?

1. West Palm Beach, FL — $65K 2. District Heights, MD — $64K 3. Rochester, NY — $64K

Which are the highest paying Companies?

1. Google — $234K 2. Intuit — $229K 3. PayPal— $224K 4. Facebook — $182K 5. Apple — $165K

Companies with the Highest Reported Salary

You can find the Raw data file and the Analysis notebook on my GitHub profile here. Thanks for reading and make sure to follow me for more posts related to all things Data!