|Quick Facts: Market Research Analysts|
$63,920 per year
$30.73 per hour
|22% (Much faster than average)|
Market research analysts study market conditions to examine potential sales of a product or service.
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 $63,920 in May 2021.
Employment of market research analysts is projected to grow 22 percent from 2020 to 2030, much faster than the average for all occupations.
About 96,000 openings for market research analysts are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.
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.