Enterprise intelligence (BI) analysts are downside solvers. It’s their job to crunch information—by means of software program, instruments, and their very own coding—to determine how an organization can enhance operations, promote and develop extra effectively, and preempt potential challenges. Due to the immense influence their work can have on a corporation, and the truth that their talent set is extremely specialised and arduous to return by, BI analysts are inclined to make some huge cash.
Whether or not you’re already within the business or exploring your choices, we’ll clarify frequent salaries for this position relying on the place you reside—and why factoring in price of residing is essential earlier than taking a suggestion.
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How a lot do enterprise intelligence analysts make?
Enterprise intelligence analysts in the USA make on common $99,306 a 12 months, in response to job search platform Glassdoor.
The state with the best wage for this job, Glassdoor experiences, is California, with enterprise intelligence analysts situated there bringing in a mean of $107,052 a 12 months. New York ($105,549), Washington ($104,098), New Jersey ($102,505), and Texas ($101,952) rank within the prime 5. In the meantime, the states with the bottom BI analyst salaries are North Dakota, South Dakota, Vermont, District of Columbia, and New Mexico.
It’s vital to notice that base salaries offered by Glassdoor don’t embody extra pay akin to bonuses or fairness. In keeping with Jody Thelander, a compensation advisor with a long time of expertise analyzing developments round company wages, median bonuses for analysts hover round $5,000 a 12 months.
Additionally, take into account that your earnings could fall above or under your state’s vary for plenty of causes, akin to your expertise or background or the kind of firm you’re making use of to. Startups, for instance, have smaller hiring budgets than tech behemoths—and the way nicely you deal with wage negotiation conversations.
To not point out, provide and demand can resolve the place a job falls by way of pay. Thelander’s information exhibits that whole money compensation for analyst roles has dropped since 2022, which she attributes to it being a stronger employer market right now than it was two years in the past.
Enterprise intelligence versus enterprise analytics: What’s the distinction?
Enterprise intelligence and enterprise analytics get tossed round lots in tandem—and for good motive. Each require consolation and information of information and databases, and usually contain people with a background in pc science, statistics, or math.
Nonetheless, one method to distinguish between the 2 is what their objectives are: On its weblog, Harvard’s Enterprise Analytics Program argues that enterprise analysts try to foretell future outcomes, whereas BI analysts are extra centered on fixing for the right here and now. As a result of every objective is essential for a corporation’s success, it’s not unusual to see a tech workforce rent for, and spend money on, each forms of specialists. The dimensions and tenure of an organization additionally influences whether or not they keep a enterprise analytics or enterprise intelligence arm.
Value of residing
Your buying energy depends on the place you reside. Value of residing can be one motive why salaries in some states are greater than others.
California, New York, and Washington have a number of the highest cost-of-living indexes—how price of residing is measured in comparison with the nation’s common—in addition to the steepest wages for enterprise intelligence analysts.
In fact, there are exceptions to this. Take Texas: The state’s price of residing is decrease than the U.S.’s, however it’s nonetheless the fifth-highest state by way of earnings for BI analysts. Somewhere else akin to North Carolina or Georgia, you may make a major wage whereas nonetheless paying much less for objects akin to meals, transportation, or housing relative to the remainder of the nation.
Enterprise intelligence analyst wage by state
The next wage data for enterprise intelligence analysts relies on information collected by Glassdoor, which is self-reported by customers. Every state’s price of residing index comes from the most recent reporting from The Council for Group and Financial Analysis, as cited by the Missouri Financial Analysis and Data Heart.
Rank | Location | Avg. enterprise intelligence analyst wage (as of Might 2024) | Value-of-living index |
---|---|---|---|
1 | California | $107,052 | 138.5 |
2 | New York | $105,549 | 125.9 |
3 | Washington | $104,098 | 116.0 |
4 | New Jersey | $102,505 | 113.9 |
5 | Texas | $101,952 | 92.7 |
6 | North Carolina | $101,778 | 95.3 |
7 | Connecticut | $100,416 | 112.8 |
8 | Colorado | $99,092 | 105.1 |
9 | Massachusetts | $98,522 | 146.5 |
10 | Virginia | $96,393 | 101.9 |
11 | Maryland | $95,450 | 116.5 |
12 | Georgia | $94,678 | 90.8 |
13 | Pennsylvania | $94,018 | 95.6 |
14 | Alabama | $93,792 | 88.3 |
15 | Illinois | $93,687 | 92.1 |
16 | Rhode Island | $93,149 | 110.7 |
17 | Missouri | $92,909 | 88.5 |
18 | Louisiana | $92,828 | 91.0 |
19 | Delaware | $92,542 | 101.1 |
20 | Nevada | $92,423 | 101.0 |
21 | Wisconsin | $92,289 | 95.1 |
22 | Oregon | $92,232 | 114.7 |
23 | Tennessee | $91,801 | 90.3 |
24 | South Carolina | $91,757 | 95.3 |
25 | Minnesota | $90,740 | 94.1 |
26 | Michigan | $89,299 | 90.6 |
27 | Arizona | $88,757 | 108.4 |
28 | New Hampshire | $87,419 | 114.1 |
29 | Mississippi | $87,352 | 86.3 |
30 | Alaska | $86,718 | 125.2 |
31 | Utah | $86,599 | 103.2 |
32 | Wyoming | $86,264 | 92.4 |
33 | Indiana | $85,430 | 91.0 |
34 | Arkansas | $85,041 | 89.0 |
35 | Oklahoma | $84,708 | 86.2 |
36 | Ohio | $84,576 | 94.7 |
37 | Nebraska | $83,903 | 90.9 |
38 | Florida | $82,647 | 100.7 |
39 | Iowa | $82,390 | 90.3 |
40 | Idaho | $82,192 | 98.6 |
41 | Maine | $82,143 | 109.9 |
42 | Kentucky | $81,213 | 92.0 |
43 | West Virginia | $80,225 | 87.7 |
44 | Hawaii | $80,216 | 180.3 |
45 | Kansas | $79,730 | 87.1 |
46 | Montana | $79,221 | 102.9 |
47 | North Dakota | $78,936 | 94.6 |
48 | South Dakota | $78,714 | 92.4 |
49 | Vermont | $78,546 | 115.3 |
50 | Washington D.C. | $75,870 | 146.8 |
51 | New Mexico | $72,922 | 94.0 |
Enterprise intelligence analyst wage (as of Might 2024) | |||
---|---|---|---|
1 | |||
California | |||
$107,052 | |||
138.5 | |||
2 | |||
New York | |||
$105,549 | |||
125.9 | |||
3 | |||
Washington | |||
$104,098 | |||
116.0 | |||
4 | |||
New Jersey | |||
$102,505 | |||
113.9 | |||
5 | |||
Texas | |||
$101,952 | |||
92.7 | |||
6 | |||
North Carolina | |||
$101,778 | |||
95.3 | |||
7 | |||
Connecticut | |||
$100,416 | |||
112.8 | |||
8 | |||
Colorado | |||
$99,092 | |||
105.1 | |||
9 | |||
Massachusetts | |||
$98,522 | |||
146.5 | |||
10 | |||
Virginia | |||
$96,393 | |||
101.9 | |||
11 | |||
Maryland | |||
$95,450 | |||
116.5 | |||
12 | |||
Georgia | |||
$94,678 | |||
90.8 | |||
13 | |||
Pennsylvania | |||
$94,018 | |||
95.6 | |||
14 | |||
Alabama | |||
$93,792 | |||
88.3 | |||
15 | |||
Illinois | |||
$93,687 | |||
92.1 | |||
16 | |||
Rhode Island | |||
$93,149 | |||
110.7 | |||
17 | |||
Missouri | |||
$92,909 | |||
88.5 | |||
18 | |||
Louisiana | |||
$92,828 | |||
91.0 | |||
19 | |||
Delaware | |||
$92,542 | |||
101.1 | |||
20 | |||
Nevada | |||
$92,423 | |||
101.0 | |||
21 | |||
Wisconsin | |||
$92,289 | |||
95.1 | |||
22 | |||
Oregon | |||
$92,232 | |||
114.7 | |||
23 | |||
Tennessee | |||
$91,801 | |||
90.3 | |||
24 | |||
South Carolina | |||
$91,757 | |||
95.3 | |||
25 | |||
Minnesota | |||
$90,740 | |||
94.1 | |||
26 | |||
Michigan | |||
$89,299 | |||
90.6 | |||
27 | |||
Arizona | |||
$88,757 | |||
108.4 | |||
28 | |||
New Hampshire | |||
$87,419 | |||
114.1 | |||
29 | |||
Mississippi | |||
$87,352 | |||
86.3 | |||
30 | |||
Alaska | |||
$86,718 | |||
125.2 | |||
31 | |||
Utah | |||
$86,599 | |||
103.2 | |||
32 | |||
Wyoming | |||
$86,264 | |||
92.4 | |||
33 | |||
Indiana | |||
$85,430 | |||
91.0 | |||
34 | |||
Arkansas | |||
$85,041 | |||
89.0 | |||
35 | |||
Oklahoma | |||
$84,708 | |||
86.2 | |||
36 | |||
Ohio | |||
$84,576 | |||
94.7 | |||
37 | |||
Nebraska | |||
$83,903 | |||
90.9 | |||
38 | |||
Florida | |||
$82,647 | |||
100.7 | |||
39 | |||
Iowa | |||
$82,390 | |||
90.3 | |||
40 | |||
Idaho | |||
$82,192 | |||
98.6 | |||
41 | |||
Maine | |||
$82,143 | |||
109.9 | |||
42 | |||
Kentucky | |||
$81,213 | |||
92.0 | |||
43 | |||
West Virginia | |||
$80,225 | |||
87.7 | |||
44 | |||
Hawaii | |||
$80,216 | |||
180.3 | |||
45 | |||
Kansas | |||
$79,730 | |||
87.1 | |||
46 | |||
Montana | |||
$79,221 | |||
102.9 | |||
47 | |||
North Dakota | |||
$78,936 | |||
94.6 | |||
48 | |||
South Dakota | |||
$78,714 | |||
92.4 | |||
49 | |||
Vermont | |||
$78,546 | |||
115.3 | |||
50 | |||
Washington D.C. | |||
$75,870 | |||
146.8 | |||
51 | |||
New Mexico | |||
$72,922 | |||
94.0 |
The takeaway
In states with a heavy tech presence, akin to California, Washington, and New York, you may make greater than $104,000 a 12 months as a enterprise intelligence analyst. The bottom wage for a BI analyst is in New Mexico, the place the state common is round $72,000 yearly.
Negotiating wage isn’t simply inspired—corporations count on it and sometimes finances for it. Which is why Thelander suggests not simply taking a look at general averages for compensation but in addition the twenty fifth, fiftieth, and seventy fifth percentiles. Put your self within the firm’s footwear: “See the place they’re taking a look at you by way of your profession and what talent set you might be bringing,” she says, including that top performers or area of interest experience can garner a wage greater than what’s typical on your location or title.