Welcome to our March 2024 edition of Data Analyst job market overview

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.

So, let's dive right in.

Data Analyst job market overview for March, 2024 for the United States

Total number of jobs posted: 101

What were the top 3 industries hiring data analysts?

1. Tech (20)
2. Financial (19)
3. Healthcare (16)

How many years of experience are companies currently looking for?

1. Entry Level, 0 - 3 years of experience (32 data analyst jobs)
2. Senior Level,  3 - 5 years of experience (49)
3. Lead Level, 5 - 10 years of experience (20)

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

1. Remote (63)
2. Hybrid (24)
3. Onsite / In-office (14)
   

What is the average data analyst salary?

• For entry level data analyst, the average salary was $79,500.
• Those looking for a senior data analyst position, the average salary offered was $114,500
• Lead data analyst, are currently looking at $118,700

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 32 open positions available (32% of the total).

Jobs are being listed across industries, with tech sector leading the way.

When it comes to salaries, the minimum starting salary we've seen was at $49,500, going as high as $135,000 annually.

The usual average salary for an entry level data analyst is in the $69,025 - $90,001 range.

Senior 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 49 open positions available, around 49% of the job opportunities posted.

The minimum starting salary starting salary was at $55,000, going as high as $185,000 annually.

Tech companies were most active in their hiring efforts, with 12 senior data analyst opportunities.

The usual average salary for a senior data analyst, is in the $100,566 - $128,323 range.

Lead data analyst salary jobs summary (5 - 10 years of experience)

A 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 20 open positions available, around 20% of job opportunities listed.

The minimum starting salary was at $67,000 and going as high as $210,000 annually.

The usual average salary for a lead data analyst is in the $103,539 - $133,869 range, with the Tech sector leading the number of job postings opened.

Final thoughts

The trend of offering employees more flexibility, and integrating work from home policies is continuing.
We are seeing over 87% of the positions allowing for at least a few days of remote working, with 63% of jobs being fully remote.

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 March 2024 market summary report - you can expect the next edition in early May.

Check out our Data Analyst Salary Guide 

We just updated our Data Analyst Salary Guide - it provides the overview of data analyst salaries in various industries - and now also shows a more detailed view on each industry page, with a deep dive into how much entry level, senior and lead data analysts can earn depending on their experience.

Not only that, you can also see data analyst salary ranges for various states across the United States.

So, check it out and see how your data analyst salary compares.

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