Various factors, including your education and skill set, can affect your potential wages. The following list offers information about critical determinants impacting your salary and job prospects Software engineering as a product analyst. Product analysts work on teams, collaborating with marketing, data, and IT professionals, engineers, and designers, to deliver core insights.
What Is a Product Analyst? Skills, Salary, and Requirements
In 2014, the average product analyst earned $71,019 annually, but today, they earn $79,316 a year. That works out to a 8% change in pay for product analysts over the last decade. Product analyst salaries at Meta and Apple are the highest-paying according to our most recent salary estimates. In addition, the average product analyst salary at companies like ICE Mortgage Technology and Chegg are highly competitive.
Product Analyst Certifications + Programs
Product analysts use various software programs and data analysis tools to help them understand complex data sets. To clarify this further (and if you’re keen on the role of a product analyst), let’s check out some product analyst tools. A product analyst can become a marketing analyst if they want to specialize in marketing analysis. A product analyst can become a systems analyst if they have the necessary skillset and want to specialize in information system design. A systems analyst specializes in analyzing and designing information systems within an organization. They work with the business users to understand their needs and design a system that meets those needs.
Junior Product Analyst Salaries in the United States
- An early career Product Analyst with 1-4 years of experience earns an average total compensation of ₱416,210 based on 6 salaries.
- These tools help product analysts to track the progress of product development and ensure that you meet the deadlines.
- For example, product analysts may help on what new features to develop, what kind of product-specific marketing strategy may be the best, and how to retain customers.
- Now that we know what a product analyst does let’s look at the tools they use to get the job done.
- The lowest average product analyst salary states are West Virginia, Kansas, and Kentucky.
- That works out to a 8% change in pay for product analysts over the last decade.
The full compensation package for a product analyst depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average product analyst salary. Product analysts are responsible for conducting product and user research as well as analyzing related data to support the product development process. They largely ensure a product is reaching the right audiences and meeting both user and business needs.
Associate Product Analyst Salaries in the United States
- The full compensation package for a product analyst depends on a variety of factors, including but not limited to the candidate’s experience and geographic location.
- For instance, industries such as information technology offer attractive compensation for product analysts at an average of $102,874 annually 2.
- Product analysts tend to be involved in the pre-launch and post-launch stages of product development.
- Additionally, product analyst tools may also include project management tools such as Jira and so on.
A product analyst can become a product manager if they have worked long enough in product analysis and have an expansive knowledge of the development process as well. As the demand for product analysts continues to increase, it’s essential to understand what this job entails and what skills you need to succeed. As of April 01, 2025, the average annual salary for a Senior Product Analyst in the United States is $110,893. Salary.com reports that pay typically ranges from $98,867 to $123,703, with most professionals BI Developer/Analyst job earning between $87,917 and $135,366.
- They also need to manage their time well, as they will often have multiple projects going on at the same time.
- The average total compensation for a Product Analyst in US is $87,161.
- On the other hand, a product manager’s job is to develop a product strategy, create a roadmap and execute the product vision.
- These skills are essential to work effectively with other members of the product team.
- A product analyst’s salary ranges from $56,000 a year at the 10th percentile to $111,000 at the 90th percentile.
- Still, employers usually look for candidates with at least a bachelor’s degree in business management, economics, finance, or another relevant field.
You can do this through user interviews, surveys, focus groups, etc. Talking about product management, the primary app that product managers rely on is Chisel. It comes with a package filled with features such as building team alignment, creating product roadmaps, and collecting customer feedback.