As of April 01, 2026, the average hourly rate for a Rate Analyst in the United States is $40, which translates to an annual salary of about $82,706.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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A Rate Analyst'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Rate Analyst'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 Rate Analyst | $80,625 |
| Intermediate Level Rate Analyst | $80,814 |
| Senior Level Rate Analyst | $81,571 |
| Specialist Level Rate Analyst | $84,835 |
| Expert Level Rate Analyst | $86,432 |
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 Rate Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 14.06% |
| Pricing | 3.18% |
| Actuarial Science | 2.39% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Team Management
|
$90,150 |
9%
|
|
Collaboration
|
$88,495 |
7%
|
|
Telecommunications
|
$86,841 |
5%
|
|
Financial Analysis
|
$86,841 |
5%
|
|
Commitment
|
$86,841 |
5%
|
|
Effective Communication
|
$86,841 |
5%
|
Your level of education can impact your salary potential. While many Rate Analysts enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Rate Analyst with a Associate's Degree is between $93,756 and $99,450).
Rate Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.3% |
| High School | 2.6% |
| Associates | 55.1% |
| Bachelors | 55.1% |
| Masters | 39.7% |
| Doctorate | 1.3% |
Understanding how a Rate Analyst'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 April 01, 2026Salaries for a Rate Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $75,617 in 2023 to around $74,925 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Rate Analyst salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $75,617 |
| 2024 | $75,321 |
| 2025 | $74,925 |
| 2026 |
View More
|
| 2027 |
View More
|
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Compensation PlanningHere are companies hiring for Rate Analyst and their salaries, click below for more details.
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Monitors, reviews, and evaluates service rates and charges for various public utilities. Calculates cost-of-service and performs related rate analysis. Ensures filings comply with the Federal Energy Regulatory Commission requirements. Typically requires a bachelor's degree of business administration or related field. Typically reports to a manager or head of a unit/department. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Actuarial Science: The discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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