As of March 01, 2025, the average annual salary for a Rate Analyst in the United States is $99,746. Salary.com reports that pay typically ranges from $88,763 to $107,800, with most professionals earning between $78,764 and $115,133.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,800 | $8,983 | $2,073 | $52 |
| Average | $99,746 | $8,312 | $1,918 | $48 |
| 25th Percentile | $88,763 | $7,397 | $1,707 | $43 |
An entry-level Rate Analyst with less than 1 year of experience earns about $95,053. With 1-2 years of experience, the average salary increases to $95,377. For 2-4 years of experience, the pay typically rises to $96,674. Senior-level professionals with 5-8 years of experience earn around $100,994, and those with over 8 years of experience can expect an average of $102,775.
| Levels | Salary |
|---|---|
| Entry Level Rate Analyst | $95,053 |
| Intermediate Level Rate Analyst | $95,377 |
| Senior Level Rate Analyst | $96,674 |
| Specialist Level Rate Analyst | $100,994 |
| Expert Level Rate Analyst | $102,775 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Rate Analyst compensation over the past six years. For example, the median salary increased from $75,617 in 2023 to approximately $75,321 in 2024. (For a detailed analysis of Rate Analyst salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Rate Analyst information for you to search for. Click on search button below to see Rate Analyst job openings or enter a new job title here.
Here are companies hiring for Rate Analyst and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $99,746 | 70.1% | ||
| Bonus | $2,523 | 1.8% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,824 | 5.5% | ||
| 401K/403B | $4,091 | 2.9% | ||
| Disability | $1,023 | 0.7% | ||
| Healthcare | $7,986 | 5.6% | ||
| Pension | $6,545 | 4.6% | ||
| Time Off | $12,587 | 8.8% | ||
| Total Compensation | $142,324 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.3% |
| High School | 2.6% |
| Bachelors | 55.1% |
| Masters | 39.7% |
| Doctorate | 1.3% |
What Am I Worth?
The average annual salary of Rate Analyst is $99,746. In case you are finding an easy salary calculator, the average hourly pay of Rate Analyst is $48; the average weekly pay of Rate Analyst is $1,918; the average monthly pay of Rate Analyst is $8,312.
A Rate Analyst's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Rate Analyst earns the most in San Jose, CA, where the annual salary of a Rate Analyst is $125,181.
The highest pay for Rate Analyst is $115,133.
The lowest pay for Rate Analyst is $78,764.
Rate Analyst monitors, reviews, and evaluates service rates and charges for various public utilities. Calculates cost-of-service and performs related rate analysis. Being a Rate Analyst ensures filings comply with the Federal Energy Regulatory Commission requirements. Typically requires a bachelor's degree of business administration or related field. Additionally, Rate Analyst typically reports to a manager or head of a unit/department. The Rate Analyst gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Rate Analyst 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.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
