Average Business Intelligence Analyst Salary by State

A business intelligence analyst assists a company in putting the data that it collects to better use by boosting the organization’s efficiency and increase profits. A business intelligence analyst will comb through large sets of data by making effective database queries, and then make reports and pinpoint trends to produce business insights. These professionals must have strong skills in big data, especially data analysis, and an excellent understanding of the company’s business. (Discoverdatascience.org)

Some of the common duties of business intelligence analysts are:

  • Meet with clients to determine any needs and concerns in the business
  • Perform information-collecting interviews and obtain feedback from customers and clients
  • Collect and extra data from databases for reporting, by using modern querying techniques
  • Analyze company data with software applications
  • Create reports of the organization’s current standings
  • Provide recommendations to managers about how to use data to increase sales, profits, and efficiency
  • Oversee the implementation of technological changes to better handle data
  • Develop new analytical techniques and models for the company to standardize the collection of data

Business Intelligence Analyst Salary Outlook

If you want to become a business intelligence analyst, you will need a bachelor’s or master’s degree in business analytics or a related discipline.

See Top Online Master’s in Business Analytics Degree Rankings

Before you earn this degree, it is important to understand what your salary potential is in this field. Below is detailed salary information for business intelligence analysts and related occupations.

Bureau of Labor Statistics (BLS)

The Bureau of Labor Statistics (BLS) reports that the related profession of operations research analyst earns a median salary of $83,900, with the top 10% earning more than $136,000 per year. (BLS.gov).

The median wages for operations research analysts in the top industries in May 2018 were as follows:

  • Federal government: $113,000
  • Manufacturing: $92,100
  • Professional, scientific and technical services: $86,200
  • Professional, scientific, and technical services: $86,700
  • Management of companies and enterprises: $85,250
  • Finance and insurance: $82,300

Payscale.com

Payscale.com reports the average salary for business intelligence analysts is $67,650, with a range between $49,000 and $95,000. (Payscale.com). The website also lists these salaries for this profession at specific companies:

  • Amazon: $89,000
  • The Boeing Company: $80,000
  • Ingram Micro: $68,000
  • Banco Santander: $56,000
  • CenturyLink: $79,000
  • Sprint Nextel Corporation: $60,000
  • Rowe Price Group: $61,000

Also, your salary as a business intelligence analyst will rise with your experience. Payscale.com reports that a business intelligence analyst with less than one year of experience will earn $58,200, with 1-4 years of experience earning a wage of $65,200, and 5-9 years of experience resulting in earnings of $76,200. If you have 10-19 years of work experience, you can expect to earn $84,100 per year.

This field also has varying pay based on your city. Your average wage can be well above or below the median wage of $67,650:

  • San Francisco: +26%
  • Seattle: +14%
  • New York City: +11%
  • Boston: +8%
  • Austin: +6%
  • Chicago: +2%
  • Atlanta: -1%

Ziprecruiter.com

Ziprecruiter.com reports the average salary for business intelligence analysts is $66,686. The salary range is between $23,000 and $127,500. The site also notes that most people’s salaries range between $40,500 and $87,500. (Ziprecruiter.com).

Indeed.com

Indeed.com reports the average salary for business intelligence analysts is $92,799, with a range between $33,000 and $181,000. (Indeed.com).

This source also lists the following salaries from various companies:

  • Google: $116,900
  • EY: $102,000
  • NTT Data Services: $93,200
  • Quivadore: $121,000
  • Blueline Consulting: $102,125
  • Dice: $98,300
  • GM: $78,200
  • SDLC Management: $78,000

Glassdoor.com

Glassdoor.com reports the average salary for business intelligence analysts is $80,400, with a range between $57,000 and $118,000. (Glassdoor.com).

Job Demand for Business Intelligence Analysts

BLS does not report job demand specifically for business intelligence analysts. However, the related position of operations research analyst is projected to grow 26% from 2018 to 2028, which is much faster than average. As technology gets better and companies attempt to become more efficient and cost-effective, demand for these professionals should soar. Also, more demand will occur for business intelligence analysts in the analytics field to enhance business planning and corporate decisionmaking. (BLS.gov)

Advances in technology are making it easier for companies to obtain large amounts of data that need to be sorted and analyzed by skilled analysts. Also, enhancements in analytical software have made business research more affordable and more easily used in more areas. More organizations are expected to use business intelligence analysts to make better company decisions in all areas of their business.

Business intelligence analysts and operations research analysts are needed to manage and analyze this data to better business operations, supply chains, pricing models and marketing.

It also is worthwhile to review job demand for market research analysts, which also is related to business intelligence analysts. Employment for market research analysts is poised to grow 20% from 2018 to 2028, which is much faster than average. (BLS.gov)

Employment growth is coming from greater use of data and market research across a variety of industries. They are needed to better understand the needs and wants of customers and to measure how effective marketing and business strategies are. Also, the greater use of big data, including social media comments and online product reviews, can offer major insights into consumer preferences and behaviors. Many businesses will need market research analysts and business intelligence analysts to perform analyses of information and data.

Business Intelligence Salary by State

StateHourly WageAnnual Salary
New York - Business Intelligence Salary$50.34$104,710
Massachusetts - Business Intelligence Salary$49.93$103,854
New Hampshire - Business Intelligence Salary$49.00$101,914
Maryland - Business Intelligence Salary$46.52$96,762
Hawaii - Business Intelligence Salary$46.01$95,700
Alaska - Business Intelligence Salary$46.00$95,689
Nevada - Business Intelligence Salary$46.00$95,689
Montana - Business Intelligence Salary$46.00$95,689
North Dakota - Business Intelligence Salary$46.00$95,689
Wyoming - Business Intelligence Salary$46.00$95,689
Idaho - Business Intelligence Salary$46.00$95,689
Vermont - Business Intelligence Salary$45.93$95,532
Nebraska - Business Intelligence Salary$45.87$95,406
Connecticut - Business Intelligence Salary$45.81$95,286
Washington - Business Intelligence Salary$45.74$95,143
Rhode Island - Business Intelligence Salary$45.28$94,187
California - Business Intelligence Salary$45.23$94,085
Virginia - Business Intelligence Salary$45.01$93,623
New Jersey - Business Intelligence Salary$44.10$91,719
Arizona - Business Intelligence Salary$43.88$91,269
West Virginia - Business Intelligence Salary$43.79$91,092
Colorado - Business Intelligence Salary$43.69$90,868
Pennsylvania - Business Intelligence Salary$43.54$90,554
South Dakota - Business Intelligence Salary$43.48$90,430
Minnesota - Business Intelligence Salary$43.47$90,410
South Carolina - Business Intelligence Salary$43.40$90,264
Oregon - Business Intelligence Salary$43.36$90,186
Tennessee - Business Intelligence Salary$43.32$90,096
Delaware - Business Intelligence Salary$43.20$89,855
Utah - Business Intelligence Salary$43.08$89,598
Kentucky - Business Intelligence Salary$43.00$89,449
Kansas - Business Intelligence Salary$42.82$89,059
Ohio - Business Intelligence Salary$42.74$88,903
Indiana - Business Intelligence Salary$42.53$88,462
Oklahoma - Business Intelligence Salary$42.43$88,245
Wisconsin - Business Intelligence Salary$42.27$87,923
Iowa - Business Intelligence Salary$42.21$87,803
Louisiana - Business Intelligence Salary$42.07$87,507
Maine - Business Intelligence Salary$41.88$87,101
Texas - Business Intelligence Salary$41.45$86,212
Alabama - Business Intelligence Salary$41.12$85,540
Georgia - Business Intelligence Salary$41.12$85,530
Arkansas - Business Intelligence Salary$41.09$85,468
New Mexico - Business Intelligence Salary$40.75$84,755
Mississippi - Business Intelligence Salary$40.52$84,292
Michigan - Business Intelligence Salary$40.36$83,945
Illinois - Business Intelligence Salary$40.26$83,747
Missouri - Business Intelligence Salary$39.47$82,105
Florida - Business Intelligence Salary$38.71$80,525
North Carolina - Business Intelligence Salary$35.24$73,309

Source: Ziprecruiter.com, January 2020.

Summary

Business intelligence analysts are employed in vital work that uses advanced analytical and mathematical methods to help companies solve their business problems and challenges. As the world economy becomes more dependent on data and technology, the demand for business intelligence analysts is only going to increase. This higher demand will inexorably lead to higher salaries, especially for professionals with a master’s degree in business analytics or a related field. So if your interest lies in data analytics, becoming a business intelligence analyst could be a solid career choice.