|Quick Facts: Market Research Analysts|
$63,120 per year
$30.35 per hour
|23% (Much faster than average)|
Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
Because most industries use market research, these analysts are employed throughout the economy. Most analysts work full time during regular business hours. Some work under pressure of deadlines and tight schedules.
Most market research analysts need at least a bachelor’s degree. Some research positions may require a master’s degree. Strong math and analytical skills are essential.
The median annual wage for market research analysts was $63,120 in May 2018.
Employment of market research analysts is projected to grow 23 percent from 2016 to 2026, much faster than the average for all occupations. Employment growth will be driven by an increased use of data and market research across all industries.
Explore resources for employment and wages by state and area for market research analysts.
Compare the job duties, education, job growth, and pay of market research analysts with similar occupations.
Learn more about market research analysts by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.