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Rate Analyst Salary in the United States

How much does a Rate Analyst make in the United States?

As of August 01, 2026, the average salary for a Rate Analyst in the United States is $82,701 per year, which breaks down to an hourly rate of $40.

However, a Rate Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $96,206
  • Majority Range (25th-75th percentile): $76,318 to $89,770
  • Entry-Level (10th percentile): $70,507
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Rate Analyst Salaries

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.

How Experience Level Affects Rate Analyst Salaries?

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:

  • Entry-Level (less than 1 year): $80,605
  • Early Career (1-2 years): $80,796
  • Mid-Level (2-4 years): $81,558
  • Senior-Level (5-8 years): $84,811
  • Expert (over 8 years): $86,394
Levels Salary
Entry Level Rate Analyst$80,605
Intermediate Level Rate Analyst$80,796
Senior Level Rate Analyst$81,558
Specialist Level Rate Analyst$84,811
Expert Level Rate Analyst$86,394
View as Graph

How Do Rate Analysts Salaries Vary from State to State?

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:
  • District of Columbia: $91,567.
  • California: $91,219.
  • Massachusetts: $90,003.

Top Paying Cities for Rate Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $104,311
  • San Francisco: $103,169
  • Oakland: $100,994

What Skills Can Increase a Rate Analyst's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 14.06% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Pricing (Mentioned in 3.18% Job Postings): Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  • Actuarial Science (Mentioned in 2.39% Job Postings): 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.
Skills Demand Percentage
Analysis 14.06%
Pricing 3.18%
Actuarial Science 2.39%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Rate Analyst's salary.

  • Team Management: Can increase your salary by up to 9%.
  • Collaboration: Can increase your salary by up to 7%.
  • Telecommunications: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Team Management $90,144
9%
Collaboration $88,490
7%
Telecommunications $86,836
5%
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Rate Analyst Salary by Company Size: Startups vs. Enterprise

Rate Analyst salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $96,361. While startup companies pay approximate $81,606.

Rate Analyst Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $81,606
Growth Stage 51~500 $86,283
Established 501~5000 $93,089
Enterprise 5000+ $96,361

How Education impacts an Rate Analyst's Salary?

Your level of education can impact your salary potential. While many Rate Analyst enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Rate Analyst with a Bachelor's Degree is between $94,243 and $99,806.

Rate Analyst Salaries by Degree Level

Typical Education for Rate Analyst
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%
View as Graph

Rate Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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 August 01, 2026
$76,318
Average $82,701/year
$89,770
$6,360
Average $6,892/month
$7,481
$1,468
Average $1,590/week
$1,726
$37
Average $40/hour
$43
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $89,770 $7,481 $1,726 $43
Average $82,701 $6,892 $1,590 $40
25th Percentile $76,318 $6,360 $1,468 $37

Rate Analyst Salary Growth & Career Path

Rate Analyst

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Rate Analyst, 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
Cost Analyst III $94,774 15%
Telecommunication Rates Manager $116,269 41%

Most common benefits for Rate Analyst

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Rate Analyst

Here are companies hiring for Rate Analyst and their salaries, click below for more details.

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FAQ about Rate Analyst

1. Where can a Rate Analyst earn the most?

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 $104,311.

2. What is the highest pay for Rate Analyst?

The highest pay for Rate Analyst is $96,206.

3. What is the lowest pay for Rate Analyst?

The lowest pay for Rate Analyst is $70,507.

4. What are the responsibilities of Rate Analyst?

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.

Where Does Our Salary Data Come From?

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.

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