How Much Do Policy 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 policy 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 policy 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 policy analysts are offering as compensation.
Keep reading to learn more about how much policy analysts can expect to make in the United States.
At a Glance: Salary & Jobs for Policy Analysts
According to data from 2022, there were about 7,989 positions for policy analysts in the United States. In terms of salary, the national median salary for policy analysts was reported to be $128,024. Additionally, when examining job demand, employers across the country posted 9,814 job postings related to positions for policy analysts.
How Much Money Do Policy Analysts Make?
Median salary is just one data point. To build a better understanding of how much money policy 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 policy analysts.
Annual Salary for Policy Analysts
According to the BLS, the lowest earners for policy analysts and related professions earned about $65,208 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $176,280 annually.
As mentioned previously, the median salary for policy analysts in the United States in 2022 was $128,024.
Annual Salary Range For Policy Analysts In 2022
Hourly Salary for Policy Analysts
The BLS also breaks down compensation for policy analysts by hourly salary, and the median average hourly pay for policy analysts in 2022 was $62. Lowest hourly earners took home $31 while the highest reported hourly salaries for policy analysts was $85.
Hourly Salary Range For Policy Analysts In 2022
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- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
Advertised Compensation for Policy Analysts
Data from the BLS is one way to dig into compensation for policy 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 policy 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 Policy Analysts
Advertised Annual Salary
During a review of 9,872 job postings related to policy analysts, advertised salary was included in 4,110 of them, which was 42%. Based on those postings, the median advertised salary for policy analysts was $86,784 per year.
Hourly Salary from Job Postings for Policy Analysts
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for policy analysts. Based on 42% of postings with advertised compensation, the median hourly salary for open positions for policy analysts in the United States is about $42.
Salary Trend for Policy Analysts
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for policy 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 policy analysts dating back to September 2019, advertised salaries for policy analysts have increased 2%.
Advertised Wage Trend For Policy Analysts
What's the Job Growth for Policy 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 policy analysts over the next 10 years.
According to the data obtained through Lightcast,™ there were 7,990 jobs for policy analysts in the United States in 2022. By 2032, it is expected that about 695 jobs will be added. That's a 8.7% increase over the next 10-year period.
Employment Projections For Policy Analysts
Additional Links
Ready to dig deeper into career information about policy analysts? Visit our other pages focused on salary and education for policy analysts.
What do policy analysts do?
Policy Analysts: How do you become one?
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