Business intelligence (BI) analysts are problem solvers. Their job is to analyze data—using software, tools, and proprietary coding—to figure out how the company can improve operations, sell and grow more efficiently, and prevent potential problems. Due to the enormous impact their work can have on an organization, as well as the fact that their skill set is highly specialized and hard to come by, BI analysts tend to make a lot of money.
Whether you’re already in the industry or exploring your options, we’ll explain typical salaries for this role depending on where you live and why it’s important to consider cost of living before accepting an offer.
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How much do Business Intelligence Analysts earn?
Business intelligence analysts in the United States earn an average of $99,306 per year, according to the job search platform. Glass door.
According to Glassdoor, the state with the highest salaries for this position is California, where business intelligence analysts located there bring in an average of $107,052 per year. The top five are New York ($105,549), Washington ($104,098), New Jersey ($102,505) and Texas ($101,952). Meanwhile, the states with the lowest salaries for BI analysts are North Dakota, South Dakota, Vermont, District of Columbia and New Mexico.
It’s important to note that the base salary provided by Glassdoor does not include additional compensation such as bonuses or stock. In accordance with Jody Telandercompensation consultant with years of experience analyzing corporate salary trends, average bonuses for analysts hover around $5,000 per year.
Also, keep in mind that your income may fall above or below your state’s range for a number of reasons, such as your experience or education, or the type of company you are applying to. For example, startups have smaller hiring budgets than tech giants, and so does how well you negotiate salary.
Not to mention, supply and demand may decide what role is played in terms of pay. Telander’s data shows that overall analyst cash compensation has declined since 2022, which she attributes to the employer market being stronger today than it was two years ago.
Business Intelligence vs. Business Intelligence: What’s the Difference?
Business intelligence and business intelligence are often used together—and for good reason. Both require comfort and knowledge of data and databases and typically attract people with backgrounds in computer science, statistics, or mathematics.
However, one way to differentiate the two is what their purposes are: on your blog Harvard’s Business Analytics Program claims that business analysts strive to predict future outcomes, while BI analysts are more focused on decisions here and now. Because each goal is critical to the organization’s success, it’s not uncommon to see a tech team hire and invest in both types of experts. The size and age of a company also influences whether it will have a business intelligence or business intelligence division.
the cost of living
Your purchasing power depends on where you live. The cost of living is also one of the reasons why salaries are higher in some states than others.
California, New York, and Washington have some of the highest cost of living indices (that is, how the cost of living is measured compared to the national average) as well as the highest salaries for business intelligence analysts.
Of course, there are exceptions to this. Take Texas for example: the cost of living in this state is lower than in the US, but it is still the fifth largest state in terms of income for BI analysts. In other places, like North Carolina or Georgia, you can earn a significant salary while paying less for items like food, transportation, or housing compared to the rest of the country.
Business Intelligence Analyst Salary by State
The following salary information for business intelligence analysts is based on data collected by Glassdoor and self-reported by users. In every state cost of living index That’s according to a recent report from the Council for Community and Economic Research, cited by the Missouri Center for Economic Research and Information.
Classify | Location | Average salary for a business intelligence analyst (as of May 2024) | Cost of living index |
---|---|---|---|
1 | California | US$107,052 | 138.5 |
2 | NY | US$105,549 | 125.9 |
3 | Washington | US$104,098 | 116.0 |
4 | New Jersey | US$102,505 | 113.9 |
5 | Texas | US$101,952 | 92.7 |
6 | North Carolina | US$101,778 | 95.3 |
7 | Connecticut | US$100,416 | 112.8 |
8 | Colorado | US$99,092 | 105.1 |
9 | Massachusetts | US$98,522 | 146.5 |
10 | Virginia | US$96,393 | 101.9 |
eleven | Maryland | US$95,450 | 116.5 |
12 | Georgia | US$94,678 | 90.8 |
13 | Pennsylvania | US$94,018 | 95.6 |
14 | Alabama | US$93,792 | 88.3 |
15 | Illinois | US$93,687 | 92.1 |
16 | Rhode Island | US$93,149 | 110.7 |
17 | Missouri | US$92,909 | 88.5 |
18 | Louisiana | US$92,828 | 91.0 |
19 | Delaware | US$92,542 | 101.1 |
20 | Nevada | US$92,423 | 101.0 |
21 | Wisconsin | US$92,289 | 95.1 |
22 | Oregon | US$92,232 | 114.7 |
23 | Tennessee | US$91,801 | 90.3 |
24 | South Carolina | US$91,757 | 95.3 |
25 | Minnesota | US$90,740 | 94.1 |
26 | Michigan | US$89,299 | 90.6 |
27 | Arizona | US$88,757 | 108.4 |
28 | New Hampshire | US$87,419 | 114.1 |
29 | Mississippi | US$87,352 | 86.3 |
thirty | Alaska | US$86,718 | 125.2 |
31 | Utah | US$86,599 | 103.2 |
32 | Wyoming | US$86,264 | 92.4 |
33 | Indiana | US$85,430 | 91.0 |
34 | Arkansas | US$85,041 | 89.0 |
35 | Oklahoma | US$84,708 | 86.2 |
36 | Ohio | US$84,576 | 94.7 |
37 | Nebraska | US$83,903 | 90.9 |
38 | Florida | US$82,647 | 100.7 |
39 | Iowa | US$82,390 | 90.3 |
40 | Idaho | US$82,192 | 98.6 |
41 | Maine | US$82,143 | 109.9 |
42 | Kentucky | US$81,213 | 92.0 |
43 | West Virginia | US$80,225 | 87.7 |
44 | Hawaii | US$80,216 | 180.3 |
45 | Kansas | US$79,730 | 87.1 |
46 | Montana | US$79,221 | 102.9 |
47 | North Dakota | US$78,936 | 94.6 |
48 | North Dakota | US$78,714 | 92.4 |
49 | Vermont | US$78,546 | 115.3 |
50 | Washington | US$75,870 | 146.8 |
51 | New Mexico | US$72,922 | 94.0 |
Business Intelligence Analyst Salary (as of May 2024) | |||
---|---|---|---|
1 | |||
California | |||
US$107,052 | |||
138.5 | |||
2 | |||
NY | |||
US$105,549 | |||
125.9 | |||
3 | |||
Washington | |||
US$104,098 | |||
116.0 | |||
4 | |||
New Jersey | |||
US$102,505 | |||
113.9 | |||
5 | |||
Texas | |||
US$101,952 | |||
92.7 | |||
6 | |||
North Carolina | |||
US$101,778 | |||
95.3 | |||
7 | |||
Connecticut | |||
US$100,416 | |||
112.8 | |||
8 | |||
Colorado | |||
US$99,092 | |||
105.1 | |||
9 | |||
Massachusetts | |||
US$98,522 | |||
146.5 | |||
10 | |||
Virginia | |||
US$96,393 | |||
101.9 | |||
eleven | |||
Maryland | |||
US$95,450 | |||
116.5 | |||
12 | |||
Georgia | |||
US$94,678 | |||
90.8 | |||
13 | |||
Pennsylvania | |||
US$94,018 | |||
95.6 | |||
14 | |||
Alabama | |||
US$93,792 | |||
88.3 | |||
15 | |||
Illinois | |||
US$93,687 | |||
92.1 | |||
16 | |||
Rhode Island | |||
US$93,149 | |||
110.7 | |||
17 | |||
Missouri | |||
US$92,909 | |||
88.5 | |||
18 | |||
Louisiana | |||
US$92,828 | |||
91.0 | |||
19 | |||
Delaware | |||
US$92,542 | |||
101.1 | |||
20 | |||
Nevada | |||
US$92,423 | |||
101.0 | |||
21 | |||
Wisconsin | |||
US$92,289 | |||
95.1 | |||
22 | |||
Oregon | |||
US$92,232 | |||
114.7 | |||
23 | |||
Tennessee | |||
US$91,801 | |||
90.3 | |||
24 | |||
South Carolina | |||
US$91,757 | |||
95.3 | |||
25 | |||
Minnesota | |||
US$90,740 | |||
94.1 | |||
26 | |||
Michigan | |||
US$89,299 | |||
90.6 | |||
27 | |||
Arizona | |||
US$88,757 | |||
108.4 | |||
28 | |||
New Hampshire | |||
US$87,419 | |||
114.1 | |||
29 | |||
Mississippi | |||
US$87,352 | |||
86.3 | |||
thirty | |||
Alaska | |||
US$86,718 | |||
125.2 | |||
31 | |||
Utah | |||
US$86,599 | |||
103.2 | |||
32 | |||
Wyoming | |||
US$86,264 | |||
92.4 | |||
33 | |||
Indiana | |||
US$85,430 | |||
91.0 | |||
34 | |||
Arkansas | |||
US$85,041 | |||
89.0 | |||
35 | |||
Oklahoma | |||
US$84,708 | |||
86.2 | |||
36 | |||
Ohio | |||
US$84,576 | |||
94.7 | |||
37 | |||
Nebraska | |||
US$83,903 | |||
90.9 | |||
38 | |||
Florida | |||
US$82,647 | |||
100.7 | |||
39 | |||
Iowa | |||
US$82,390 | |||
90.3 | |||
40 | |||
Idaho | |||
US$82,192 | |||
98.6 | |||
41 | |||
Maine | |||
US$82,143 | |||
109.9 | |||
42 | |||
Kentucky | |||
US$81,213 | |||
92.0 | |||
43 | |||
West Virginia | |||
US$80,225 | |||
87.7 | |||
44 | |||
Hawaii | |||
US$80,216 | |||
180.3 | |||
45 | |||
Kansas | |||
US$79,730 | |||
87.1 | |||
46 | |||
Montana | |||
US$79,221 | |||
102.9 | |||
47 | |||
North Dakota | |||
US$78,936 | |||
94.6 | |||
48 | |||
North Dakota | |||
US$78,714 | |||
92.4 | |||
49 | |||
Vermont | |||
US$78,546 | |||
115.3 | |||
50 | |||
Washington | |||
US$75,870 | |||
146.8 | |||
51 | |||
New Mexico | |||
US$72,922 | |||
94.0 |
Conclusion
In states with a strong technology presence, such as California, Washington, and New York, you can earn more than $104,000 per year as a business intelligence analyst. The lowest BI analyst salary is in New Mexico, where the state average is about $72,000 per year.
Salary negotiations aren’t just encouraged—companies expect it and often budget for it. That’s why Telander suggests looking not just at overall compensation averages, but also at the 25th, 50th and 75th percentiles. Put yourself in the company’s shoes: “See where they view you in terms of your career and what skill set you bring,” she says, adding that high performers or specialists in their niche may earn a salary higher than your typical salary. companies. location or name.