Data Analyst is one of the most sought-after jobs in the world right now. With data becoming more and more accessible, almost every industry needs a Data Analyst. There are no bounds to what a Data Analyst can do for you or your business, from banking to healthcare to hospitality. This blog will help you understand which industry pays the highest salary to data analysts.
Data analysis is a crucial part of every company, and it helps the company make the right decisions and make better business decisions. The data analysts are paid well as they help make a lot of money for their companies. So if you want to make a good income, this is the right profession for you. You can earn a six-figure salary working as a data analyst.
Newly qualified data analysts (those with less than a year of experience) in the US make an average of $56,590 per year, according to PayScale. That number can reach around $61,234 in your first four years as a data analyst.
Mid-level data analysts typically have three to five years or more of experience in the field. According to the PayScale data, the average US analyst (with five to nine years of experience) makes $69,417 a year. And if you're a novice data analyst, you can be sure that the average will rise over the next five years.
According to PayScale, veteran data analysts can make around $73,000 in the US - and that's just the beginning. We've compared this to other job boards again, which seems like a whole number. And, higher the salary indicates more sophisticated skills, process management, and monitoring of the company's data strategy.
While there aren't a lot of reliable or comprehensive records on the subject, we can get a reasonable estimate using the LinkedIn salary tool.
Again, there are two things to keep in mind: We have ranked these salaries from highest to lowest, emphasizing the average annual wage.
2. Hardware And Network
4. IT Software And Services
5. Energy And Mining
In this blog, we've looked at the salary of data analysts across various industries and their experience. To summarize:
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