Ohio Business Analytics Salary

As one of the 10 most populous U.S. states, Ohio’s economy is valuable and diverse. The state produced more than $670 billion in value in 2018 alone, and the Ohio labor force consists of nearly 6 million people.

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Ohio boasts four metropolitan areas with populations exceeding 1 million, and employment across the state is split among major sectors like utilities (18%), education and health services (17%) and manufacturing (13%).

Ohio is home to more than two dozen Fortune 500 companies and was the site of more than $100 million in venture capital investment in the second quarter of 2019 alone. In other words, whether you’re looking to contribute to a well-established brand or help build something from nothing (or you’re looking for the sweet spot in the middle), Ohio’s economy offers a wide range of opportunities for individuals with advanced training in business analytics.

Which colleges and universities in Ohio offer Master of Business Analytics programming, what can business analytics professionals in Ohio expect to earn, and what companies are hiring in the Buckeye State?

Business Analytics Salaries in Ohio

A business analytics degree doesn’t qualify a person for just one job. That’s because advanced education in business analytics could qualify a person for a hands-on role like Data Scientist but also could prepare them for a more consultancy-focused role, like Management Analyst.

Business analytics job titles you can find in Ohio include:

To understand the state of business analytics employment in Ohio, we’ll look at how the state’s salaries for select business analytics jobs compare to those across the country and which cities in Ohio have the highest wages for these select occupations.

Ohio’s median wages for business analytics roles tend to lag behind the U.S. overall, but all of the roles offer far higher wages than the overall Ohio median for all jobs, which is just over $37,000.

Median annual wage, Ohio vs. U.S.

Job TitleOhioU.S.
Budget Analyst$72,410$76,220
Financial Analyst$71,920$85,660
Management Analyst$77,730$83,610
Market Research Analyst$59,940$63,120
Operations Research Analyst$79,570$83,390

Among all states, Ohio’s highest position for business analytics wages is the $59,940 annual median wage for Market Research Analysts, which puts Ohio at No. 24 nationally.

Median annual wage, Market Research Analyst, top 25

Delaware$78,590
New Jersey$78,030
New York$71,460
District of Columbia$71,380
Washington$70,890
Texas$70,730
Rhode Island$69,150
California$68,770
Massachusetts$67,920
Minnesota$67,670
Connecticut$67,520
Virginia$67,440
Colorado$65,400
Alaska$64,480
Maine$63,630
Oregon$62,950
Arkansas$62,500
North Carolina$62,370
New Hampshire$62,340
Pennsylvania$62,250
Maryland$61,660
Michigan$61,280
Georgia$61,100
Ohio$59,940
Kansas$58,080

Some locations across the state offer higher wages for business analyst jobs than the state overall. For instance, Lima boasts the fourth-highest median wage for Management Analysts among all major cities for which data was available.

Median annual wage Management Analyst by city or metro area

Highest
Laredo, TX$191,450
Odessa, TX$147,690
Punta Gorda, FL$131,610
Lima, OH$128,660
Longview, TX$115,780
Kahului-Wailuku-Lahaina, HI$114,930
San Jose-Sunnyvale-Santa Clara, CA$113,150
Bridgeport-Stamford-Norwalk, CT$109,460
California-Lexington Park, MD$106,670
Seattle-Tacoma-Bellevue, WA$105,320
Lowest
Decatur, AL$48,870
Jefferson City, MO$48,710
Tallahassee, FL$48,090
Idaho Falls, ID$48,070
St. George, UT$45,470
San Angelo, TX$44,790
Little Rock-North Little Rock-Conway, AR$42,080
Pine Bluff, AR$32,860
Logan, UT-ID$29,590
Jonesboro, AR$29,460

Business analytics salaries vary widely by Ohio city, from the $85,110 for Management Analysts in Cleveland to the $59,960 for Market Research Analysts in Cincinnati.

Median annual wage, Ohio vs. select cities

Job TitleOhioClevelandCincinnatiColumbus
Budget Analyst$72,410$70,240$75,020$75,620
Financial Analyst$71,920$69,180$73,670$74,760
Management Analyst$77,730$85,110$78,070$75,870
Market Research Analyst$59,940$60,760$59,960$64,060
Operations Research Analyst$79,570$77,240$83,250$78,560

Ohio Business Analytics Degree Programs

Ohio is home to private and public colleges and universities that are among some of the largest and most well-regarded in the country. Here’s a look at some of the institutions in Ohio that offer applicable degrees:

SEE ALSO: Best Online Master’s in Business Data Analytics Degree Rankings

Business Analytics Degree Jobs in Ohio

With its bustling and diverse economy, Ohio is a fertile spot for job openings in business analytics, including technical roles, creative jobs and management gigs.

SEE ALSO: Masters in Business Analytics Salary Outlook

Here is a sampling of the companies, organizations, agencies and other groups that had posted openings for business analytics professionals in Ohio in the summer of 2019:

  • Sodexo
  • PCM Services
  • Anthem
  • Delaware County
  • Ohio State University Medical Center
  • P. Morgan Chase
  • University of Cincinnati
  • Safelite Group
  • Proctor & Gamble
  • M. Smucker Company
  • Ohio Public Employees Retirement System
  • SafeAuto
  • DHL
  • McGraw-Hill
  • Marzetti
  • Scotts Miracle-Gro
  • Harley-Davidson
  • Stanley Black & Decker
  • Nationwide
  • Cardinal Health
  • City of Columbus

Conclusion

A Master of Business Analytics degree qualifies an individual to serve important functions across a broad array of industries and organizational types. From for-profit consumer goods manufacturers to city and state governments, the need to ensure decisions are based on a deep understanding of business data is crucial. Education in business analytics combines a foundation of business principles with a deep knowledge of data and statistical practices.

References

Note: Information on recent job openings was gathered from Indeed.com and Glassdoor.com in late July 2019.

U.S. Bureau of Labor Statistics, Occupational Employment Statistics Query System, Custom Tables. (Undated). Accessed from https://data.bls.gov/oes/#/home

Federal Reserve Bank of St. Louis, Total Gross Domestic Product for Ohio. (2019). Retrieved from https://fred.stlouisfed.org/series/OHNGSP

U.S. Census Bureau, Quick Facts, Ohio. (2018). Retrieved from https://www.census.gov/quickfacts/OH

PWC/CB Insights, MoneyTree Report, Q2 2019. (2019). Retrieved from https://www.pwc.com/us/en/moneytree-report/assets/moneytree-report-q2-2019.pdf