Market Research Analysts

Overview

Introduction

Market research analysts collect, analyze, and interpret data in order to determine potential demand for a product or service. By examining the buying habits, wants, needs, and preferences of consumers, research analysts are able to recommend ways to improve products, increase sales, and expand customer bases. There are approximately 903,400 market research analysts employed in the United States.

Quick Facts


Median Salary

$74,680

Employment Prospects

Good

Minimum Education Level

Bachelors Degree|Masters Degree


Experience

Internship


Skills

Interpersonal|Math|Scientific


Personality Traits

Problem-Solving|Realistic|Social

Earnings

Beginning salaries in market research depend on the qualifications of the employee, the nature of the position, and the size of the firm. Interviewers, coders, tabulators, editors, and a variety of other employees usually are paid minimum wage ($10 an hour, or $20,800 annually). In January 2025, Salary.com reported the average annual salary for market research analysts was $66,822. The U.S. Dep...

Work Environment

Market research analysts usually work a 40-hour week. Occasionally, overtime is necessary in order to meet project deadlines. Although they frequently interact with a variety of market research team members, analysts also do a lot of independent work, analyzing data, writing reports, and preparing statistical charts.

While most market research analysts work in offices located at the firm...

Outlook

The U.S. Department of Labor (DOL) predicts that employment for marketing research analysts will grow by 8 percent, faster than the average for all careers, through 2033. Increasing competition among producers of consumer goods and services and industrial products, combined with a growing awareness of the value of marketing research data, will contribute to opportunities in the field. The ongoi...

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