Market Research Analyst Average Salary in Utah 2024
How much money does a person working as Market Research Analyst make in Utah?
LOW
47,200
USD AVERAGE
103,000
USD HIGH
163,000
USD
A person working as Market Research Analyst in Utah typically earns around 103,000 USD. Salaries range from 47,200 USD (lowest) to 163,000 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Market Research Analyst salaries in Utah vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Market Research Analyst Pay Scale and Salaries in Utah
Salary Structure and Pay Scale Comparison
97,300 USD or more
85,300 to 97,300 USD
58,700 USD or less
58,700 to 85,300 USD
 47,200 USD |
98,100 USD |
163,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Market Research Analyst in Utah range from 47,200 USD (starting salary) to 163,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 98,100 USD, half of the professionals who work as Market Research Analyst in Utah earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Market Research Analyst in Utah earn less than 79,100 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 113,000 USD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Market Research Analyst in Utah compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 58,700 USD to 85,300 USD. About 20% of salaries are below the 58,700 USD mark, while 10% fall within the range of 85,300 USD to 97,300 USD. Only 5% of individuals have salaries exceeding 97,300 USD.
Salary Comparison by Years of Experience / Market Research Analyst / Utah
How do experience and age affect pay?
| 0 - 2 Years | 53,600 USD | |
| 2 - 5 Years | +34% | 71,600 USD |
| 5 - 10 Years | +48% | 106,000 USD |
| 10 - 15 Years | +22% | 129,000 USD |
| 15 - 20 Years | +9% | 141,000 USD |
| 20+ Years | +8% | 152,000 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Market Research Analyst and this is what we found.
Employees with less than two years of experience earn approximately 53,600 USD.
While someone with an experience level between two and five years is expected to earn 71,600 USD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 106,000 USD, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 129,000 USD, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 141,000 USD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 152,000 USD, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Market Research Analyst / Utah
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Market Research Analyst.
| Certificate or Diploma | 61,100 USD | |
| Bachelor's Degree | +57% | 95,900 USD |
| Master's Degree | +68% | 161,000 USD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Market Research Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 61,100 USD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 95,900 USD, 57% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 161,000 USD, 68% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Market Research Analyst / Utah
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Market Research Analyst in United States, the average difference between the salary of male and female employees is 5%.
| Male | 110,000 USD | |
| Female | -5% | 104,000 USD |
Salary Comparison By Gender in United States for all Careers
Average Annual Salary Increment Percentage / Market Research Analyst / Utah
How much are annual salary increments in Utah for individuals working as Market Research Analyst? How often do employees get salary raises?
Individuals working as Market Research Analyst in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
United States / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Market Research Analyst / United States
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Market Research Analyst / Utah
49 USD per hourThe average hourly wage (pay per hour) for individuals working as Market Research Analyst in Utah is 49 USD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Market Research Analyst in Utah is 23 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Marketing |  -100% | |
| Account Handler | 79,700 USD | -22% |
| Affiliate Manager | 100,000 USD | -3% |
| Affiliate Marketing Manager | 143,000 USD |  +39% |
| Affiliate Marketing Specialist | 93,800 USD | -9% |
| Analytics Specialist | 74,700 USD | -27% |
| Assistant Brand Manager | 105,000 USD | +2% |
| Assistant Product Manager | 112,000 USD | +9% |
| Associate Marketing Manager | 123,000 USD | +20% |
| Associate Product Manager | 117,000 USD | +14% |
| Blockchain Marketing Specialist | 105,000 USD | +2% |
| Brand Ambassador | 142,000 USD | +38% |
| Brand Director | 166,000 USD | +62% |
| Brand Executive | 148,000 USD | +44% |
| Brand Manager | 151,000 USD | +47% |
| Business Analytics Specialist | 75,700 USD | -26% |
| Business Channel Manager | 104,000 USD | +1% |
| Business Intelligence Team Leader | 111,000 USD | +8% |
| Campaign Specialist | 92,300 USD | -10% |
| Chief Content Officer | 124,000 USD | +21% |
| Chief Digital Marketing Officer | 153,000 USD | +49% |
| Chief Marketing Officer | 174,000 USD | +70% |
| Chief Product Officer | 142,000 USD | +38% |
| Communications Officer | 49,300 USD | -52% |
| Content Manager | 86,400 USD | -16% |
| Content Marketing Strategist | 95,900 USD | -7% |
| Copy Editer | 63,100 USD | -39% |
| Copy Writer | 63,800 USD | -38% |
| Creative Marketing Lead | 102,000 USD | -1% |
| Creative Writer | 64,300 USD | -37% |
| Digital Marketer | 90,600 USD | -12% |
| Digital Marketing Manager | 127,000 USD | +24% |
| Digital Marketing Specialist | 86,700 USD | -16% |
| Digital Marketing Strategist | 118,000 USD | +15% |
| Digital Media Specialist | 112,000 USD | +9% |
| Director of Marketing | 173,000 USD | +69% |
| Director of Research | 126,000 USD | +23% |
| Email Marketing Specialist | 87,500 USD | -15% |
| eMarketing Manager | 132,000 USD | +29% |
| Event Marketing | 128,000 USD | +25% |
| Experiential Marketing Manager | 148,000 USD | +44% |
| Gamification Marketer | 75,200 USD | -27% |
| Head of Executive Search | 138,000 USD | +34% |
| Internet Marketer | 83,100 USD | -19% |
| Key Affiliate Manager | 122,000 USD | +19% |
| Localization Manager | 108,000 USD | +5% |
| Market Development Executive | 131,000 USD | +28% |
| Market Development Manager | 137,000 USD | +33% |
| Market Research Analyst | 103,000 USD | +0% |
| Market Research Manager | 113,000 USD | +10% |
| Market Segmentation Director | 124,000 USD | +21% |
| Marketing Account Supervisor | 93,500 USD | -9% |
| Marketing Administrator | 82,300 USD | -20% |
| Marketing Advisor | 93,800 USD | -9% |
| Marketing Analyst | 96,000 USD | -6% |
| Marketing and Communications Officer | 59,900 USD | -42% |
| Marketing and Sales Head | 173,000 USD | +69% |
| Marketing Assistant | 53,400 USD | -48% |
| Marketing Associate | 50,800 USD | -51% |
| Marketing Automation Specialist | 105,000 USD | +2% |
| Marketing Communications Manager | 110,000 USD | +7% |
| Marketing Consultant | 120,000 USD | +17% |
| Marketing Coordinator | 52,400 USD | -49% |
| Marketing Data Analyst | 97,800 USD | -5% |
| Marketing Director | 163,000 USD | +59% |
| Marketing Distribution Executive | 127,000 USD | +24% |
| Marketing Executive | 126,000 USD | +23% |
| Marketing Manager | 166,000 USD | +62% |
| Marketing Officer | 57,000 USD | -44% |
| Marketing Segment Manager | 117,000 USD | +14% |
| Marketing Specialist | 81,200 USD | -21% |
| Marketing Supervisor | 97,600 USD | -5% |
| Marketing Vice President | 132,000 USD | +29% |
| Marketing Writer | 60,000 USD | -42% |
| Mobile Marketing Specialist | 105,000 USD | +2% |
| Online Marketing Analyst | 91,700 USD | -11% |
| Online Marketing Manager | 115,000 USD | +12% |
| Optimization Manager | 101,000 USD | -2% |
| Outbound Sales | 75,900 USD | -26% |
| Outreach Coordinator | 68,100 USD | -34% |
| Outreach Specialist | 89,600 USD | -13% |
| Podcast Specialist | 94,800 USD | -8% |
| Product Development | 118,000 USD | +15% |
| Product Manager | 137,000 USD | +33% |
| Product Marketing Engineer | 71,900 USD | -30% |
| Product Marketing Executive | 125,000 USD | +22% |
| Product Marketing Manager | 129,000 USD | +26% |
| Product Researcher | 63,700 USD | -38% |
| Product Strategist | 96,200 USD | -6% |
| Product Strategy Researcher | 91,500 USD | -11% |
| Product Training Specialist | 79,100 USD | -23% |
| Project Manager | 97,100 USD | -5% |
| Publications Coordinator | 55,500 USD | -46% |
| Research Executive | 118,000 USD | +15% |
| Sales and Marketing Assistant | 52,900 USD | -48% |
| Sales and Marketing Coordinator | 57,700 USD | -44% |
| Sales and Marketing Director | 168,000 USD | +64% |
| Sales Director | 149,000 USD | +45% |
| Sales Management Support | 58,500 USD | -43% |
| Sales Manager | 163,000 USD | +59% |
| Search Marketing Strategist | 138,000 USD | +34% |
| Social Media Administrator | 85,900 USD | -16% |
| Social Media Specialist | 92,900 USD | -9% |
| Spaceman Analyst | 51,700 USD | -50% |
| Sponsorship Consultant | 86,600 USD | -16% |
| Team Leader | 99,100 USD | -3% |
| Telemarketer | 47,000 USD | -54% |
| TikTok marketer | 104,000 USD | +1% |
| Trade Marketing Executive | 125,000 USD | +22% |
| Trade Marketing Manager | 130,000 USD | +27% |
| Trade Marketing Professional | 103,000 USD | +0% |
| Trade Marketing Specialist | 73,200 USD | -29% |
| Video Marketing Specialist | 113,000 USD | +10% |
| Web Analytics Manager | 100,000 USD | -3% |
| Web Content Manager | 100,000 USD | -3% |
| Webinar Marketing Specialist | 105,000 USD | +2% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.
| Private Sector | 92,800 USD | |
| Public Sector | +5% | 97,500 USD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Market Research Analyst in Utah?
A good and competitive compensation would range anywhere between 98,100 USD and 113,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Market Research Analyst in Utah ranges from 47,200 USD to 79,100 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
