How Much Do Lead Business Analysts Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary lead business analysts make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for lead business analysts and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of lead business analysts are offering as compensation.
Keep reading to learn more about how much lead business analysts can expect to make in the United States.
At a Glance: Salary & Jobs for Lead Business Analysts
According to data from 2023, there were about 862,059 positions for lead business analysts in the United States. In terms of salary, the national median salary for lead business analysts was reported to be $99,424. Additionally, when examining job demand, employers across the country posted 174,530 job postings related to positions for lead business analysts.
How Much Money Do Lead Business Analysts Make?
Median salary is just one data point. To build a better understanding of how much money lead business analysts and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for lead business analysts.
Annual Salary for Lead Business Analysts
According to the BLS, the lowest earners for lead business analysts and related professions earned about $57,845 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $172,286 annually.
As mentioned previously, the median salary for lead business analysts in the United States in 2023 was $99,424.
Annual Salary Range For Lead Business Analysts In 2023
Hourly Salary for Lead Business Analysts
The BLS also breaks down compensation for lead business analysts by hourly salary, and the median average hourly pay for lead business analysts in 2023 was $48. Lowest hourly earners took home $28 while the highest reported hourly salaries for lead business analysts was $83.
Hourly Salary Range For Lead Business Analysts In 2023
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Degree Options for Lead Business Analysts
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With an associate of science in business administration degree, you’ll dig into the functional areas of business and learn how to connect each function with the others to advance business goals and further outcomes while you prepare for a variety of roles in operations, sales, management and coordination.
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Build a strong foundation of real-world business knowledge suitable for a variety of career options in your industry of choice.
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Earn your master's degree online and earn real-world skills to advance your career within public service.
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- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
Advertised Compensation for Lead Business Analysts
Data from the BLS is one way to dig into compensation for lead business analysts, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for lead business analysts.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Lead Business Analysts
Advertised Annual Salary
During a review of 211,466 job postings related to lead business analysts, advertised salary was included in 79,463 of them, which was 38%. Based on those postings, the median advertised salary for lead business analysts was $98,688 per year.
Hourly Salary from Job Postings for Lead Business Analysts
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for lead business analysts. Based on 46% of postings with advertised compensation, the median hourly salary for open positions for lead business analysts in the United States is about $47.
Salary Trend for Lead Business Analysts
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for lead business analysts. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for lead business analysts dating back to September 2020, advertised salaries for lead business analysts have increased 30%.
Advertised Wage Trend For Lead Business Analysts
What's the Job Growth for Lead Business Analysts?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for lead business analysts over the next 10 years.
According to the data obtained through Lightcast,™ there were 863,074 jobs for lead business analysts in the United States in 2023. By 2033, it is expected that about 126,527 jobs will be added. That's a 14.7% increase over the next 10-year period.
Employment Projections For Lead Business Analysts
Additional Links
Ready to dig deeper into career information about lead business analysts? Visit our other pages focused on salary and education for lead business analysts.
What do lead business analysts do?
Lead Business Analysts: How do you become one?
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