April 2023 - Market Insights - Data Analyst Jobs in the United States

Welcome to our fourth edition of Data Analyst Hiring Insights for the United States

A deep dive into the data analyst job market, where we analyse our job openings and trends for the month.

There's a lot of uncertainty in the air, so we're hoping to provide valuable insights and answers to your most pressing questions about state of the data analyst job market.

For that, we will only be using data gathered from job opportunities listed on our site, DataAnalyst.com - we're not using any external benchmarks, nor data points.

Due to the availability of data, our breakdown will only focus on the United States

So, let's dive right in.

Data Analyst Hiring Insights in April, 2023 for the United States

Total number of jobs posted: 153

What were the top 3 industries hiring data analysts?

1. Healthcare (26)
2. Tech (19)
3. Financial (18)

How many years of experience are companies currently looking for?

1. Entry Level, 0 - 3 years of experience (42 data analyst jobs)
2. Mid Level,  3 - 5 years of experience (61)
3. Senior Level, 5 - 10 years of experience (50)

Are data analysts expected to work remotely, onsite or in hybrid ways of working?

1. Remote (54)
2. Hybrid (50)
3. Onsite / In-office (49)
   

What is the average data analyst salary?

• For entry level data analyst, the average salary was $85,400 - a slight decrease comparing to $86,200 in March, $87,300 in Feb, while increase vs $84,000 in January
• Those looking for a mid-level data analyst position, the average salary offered was $103,300 - a decrease from March $107,000, an increase comparing to $101,200 in February and a sharp difference to $113,000 in January
• Leadership level and senior data analyst, are currently looking at $124,000, down from $126,000 in March, comparing to Feb's $125,400 (and back at January $124,000 level) as the average salary.

These numbers are probably too abstract, so how about we look at them in a little bit more detail.‍

Entry level data analyst jobs summary (0 - 3 years of experience)

For those who are looking to start as a data analyst, or with couple of years of experience under their belt we have seen 42 open positions available in the US (this was a healthy 27%% of the total amount of roles posted)

Jobs are being listed across industries, with Healthcare being the most prominent one.

When it comes to salaries, the minimum starting salary we've seen was at $40K, going as high as $200,000 annually.

The usual average salaries are in the $71,300 - $99,400

Mid-level data analyst salary jobs summary (3 - 5 years of experience)

Typically, more experienced analysts will work as senior data analysts - such roles will see you taking ownership of the data processes within your organisation, and usually these roles require between 3-5 years of experience.

We've seen 61 open positions available, almost 40% of the total.

The minimum starting salary is understandably higher than at an entry level, starting salary was at $42,400, going as high as $232,222 annually.

Healthcare companies were most active in their hiring efforts, with 12 mid-level data analyst jobs opened.

The usual average salary is in the $83,400 - $123,200 range.

Senior / lead data analyst salary jobs summary (5 - 10 years of experience)

A senior / lead data analyst is usually a team leadership position that commonly requires at least five years of experience, as such there's usually little bit less opportunities on the market, as these roles don't only require individual performance, but also leadership skills.

We've seen 50 open positions available, just around 33% of the total.

The minimum starting salary was at $42,000, going as high as $271,000 annually.

The usual average salary is in the $97,200 - $151,000 range, with the Tech and Financial sectors leading the number of job postings opened, at 10 and 9 opportunities respectively.

Final thoughts

The trend of offering employees more flexibility, and integrating work from home policies is continuing.

In April, we saw almost 68% of the positions allowing for at least a few days of remote working (comparing to 73% in March, 76% in February, and 72% January), with almost 35% of jobs being fully remote (vs 39% in March, 37% in February, and 38% in January).

On the salary note, we can see that the ranges provided leave a lot of room for negotiations. Particularly it shows there's a lot of unknowns when it comes to determining the salary that company is looking to offer, and what the fair market rate for the role actually is.

Next Up:

That's a wrap for our April market insights report - you can expect the next edition in early June.