Product Analyst Salary: Your 2025 Guide
But, we want to go one step further and help you clarify the difference between a product analyst and other roles people commonly confuse them with. So, if the product analyst job description has caught your eye, you should probably read ahead to know about the product analyst’s salary. A business analyst helps a company improve its business operations by identifying problems and recommending solutions. Once the customer needs are captured, the product analyst must create actionable items for the development team.
Experience
You can do this through user interviews, surveys, focus groups, etc. They also need to manage their time well, as they will often have multiple projects going on at the same time. A product analyst’s salary is typically based on experience and skill set. According to Glassdoor, the estimated total pay for a Product Analyst is $100,309 per year in the United States, with an average salary of $82,487 per year. There is an estimated additional pay of $17,821, depending on your position and where you are working.
Wage gap by gender, race and education
The highest-paying cities for product analysts are Seattle, WA, San Francisco, CA, and Jersey City, NJ. In the United States, the reported salaries for product analysts are highest in San Francisco, Seattle, and Portland. When building your resume for a product analyst role, knowing the product analyst skills and experience employers are looking for is helpful. You’ll want to list your technical skills but demonstrate your workplace skills implicitly in interviews. The ideal candidate will be a seasoned communicator with a proven track record of success shaping reputation through modern communication practices in higher education or similar industries.
Average product analyst salary by state
The top 3 paying industries are media and communication, information and technology, and pharmaceutical and biotechnology. Product analysts employ product analytics and research to assess the performance of a new product or feature. Here’s what to know about a product analyst’s needed skills, salary and how to become one.
Technical skills
- For instance, industries such as information technology offer attractive compensation for product analysts at an average of $102,874 annually 2.
- Without product analysts, new products may not perform, function or sell as intended upon release.
- Product analyst salaries in Chicago, for example, are about $\$25,000$ less than product analyst salaries in New York, but wages go further in Chicago.
- Then keep reading to discover the responsibilities of a product analyst.
A product manager is responsible for the strategy, roadmap, and execution of a product. They work with stakeholders to understand their needs and develop requirements for the product. They also work with the development team to ensure that the product is delivered on time and within budget. A product analyst can become a business analyst if they have the necessary skillset and want to specialize in business analysis. The product analyst role requires strong analytical skills and an understanding of software development and how to communicate with developers.
The following table lists the base salary ranges provided by Payscale, Glassdoor, Zippia, Indeed, and Salary.com. Read on to learn more about product analysts’ work duties, pay prospects, and industry trends for product analyst salary figures. The product analyst’s job entails gathering and analyzing customer data on a particular product. This allows you to determine what product features are widely adopted and which need improvement. They also help decide if a BI Developer/Analyst job product has reached the end of its lifecycle.
What is the highest pay for Senior Product Analysts?
Product analyst salaries typically range between $56,000 and $111,000 yearly. Get the foundational knowledge and practical skills needed to excel as a product analyst by enrolling in the IBM Product Manager Professional Certificate on Coursera. In this Full stack developer skills program, you’ll prepare for a career as a product manager, gaining the in-demand skills and hands-on experience to get job-ready in less than 3 months.