As of July 01, 2026, the average salary for a Material Forecasting Analyst I in Utah is $51,450 per year, which breaks down to an hourly rate of $25.
However, a Material Forecasting Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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A Material Forecasting Analyst I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Material Forecasting Analyst I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Material Forecasting Analyst I | $51,264 |
| Intermediate Level Material Forecasting Analyst I | $51,661 |
| Senior Level Material Forecasting Analyst I | $53,246 |
| Specialist Level Material Forecasting Analyst I | $53,563 |
| Expert Level Material Forecasting Analyst I | $53,774 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Material Forecasting Analyst Is. For example, consider the average annual salaries in these key locations:
Material Forecasting Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $57,546. While startup companies pay approximate $48,667.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $48,667 |
| Growth Stage | 51~500 | $51,473 |
| Established | 501~5000 | $55,572 |
| Enterprise | 5000+ | $57,546 |
For Material Forecasting Analyst I roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Aerospace & Defense sectors offer the strongest compensation, at 35% above the average. In contrast, Material Forecasting Analyst positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Material Forecasting Analyst I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $69,457 | $33.0 | 35% |
| Aerospace & Defense | $66,885 | $32.0 | 30% |
| Pharmaceuticals | $64,312 | $31.0 | 25% |
| Biotechnology | $61,740 | $30.0 | 20% |
| Software & Networking | $61,740 | $30.0 | 20% |
Understanding how a Material Forecasting Analyst I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As a Material Forecasting Analyst I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Material Forecasting Analyst II | $60,356 | 17% |
| Materials Management Analyst II | $72,085 | 40% |
Ready to take the next step in your career? Browse thousands of current Material Forecasting Analyst I job openings on our job board. Use the search bar below to find your perfect match.
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