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As of August 01, 2026, the average salary for a Senior Functional Analyst in Iowa is $104,765 per year, which breaks down to an hourly rate of $50.
However, a Senior Functional Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Senior Functional Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $113,529 | $9,461 | $2,183 | $55 |
| Average | $104,765 | $8,730 | $2,015 | $50 |
| 25th Percentile | $97,667 | $8,139 | $1,878 | $47 |
FARMER MAC - Johnston, IA
Perfict Global - Cedar Rapids, IA
Baker Group - Ankeny, IA
FARMER MAC - Johnston, IA
A Senior Functional 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 and company size can directly affect your earning potential.
Experience is a primary driver of a Senior Functional 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 |
|---|---|
| Business ... Level Senior Functional Analyst | $68,351 |
| Business ... Level Senior Functional Analyst | $83,355 |
| Senior Fu... Level Senior Functional Analyst | $106,243 |
| Business ... Level Senior Functional Analyst | $128,726 |
| Business ... Level Senior Functional Analyst | $145,429 |
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 Senior Functional Analysts. For example, consider the average annual salaries in these key locations:
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:
For Senior Functional Analyst roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Internet sectors offer the strongest compensation, at 20% above the average. In contrast, Senior Functional Analyst positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Senior Functional Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $125,718 | $60.0 | 20% |
| Internet | $125,718 | $60.0 | 20% |
| Biotechnology | $120,479 | $58.0 | 15% |
| Energy & Utilities | $120,479 | $58.0 | 15% |
| Telecom | $117,336 | $56.0 | 12% |
Understanding how a Senior Functional 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $113,529 | $9,461 | $2,183 | $55 |
| Average | $104,765 | $8,730 | $2,015 | $50 |
| 25th Percentile | $97,667 | $8,139 | $1,878 | $47 |
Ready to take the next step in your career? Browse thousands of current Senior Functional Analyst job openings on our job board. Use the search bar below to find your perfect match.
Vanguard
Charlotte, IA
Vanguard | Charlotte, IA
hackajob is collaborating with Vanguard to connect them with exceptional professionals for this role. Analyzes data, assesses trends and develops actionabl... more
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Marvin
South Des Moines, IA
Marvin | South Des Moines, IA
Marvin is seeking a Senior Incentive Analyst to design, model, and optimize incentive and variable pay programs that support our manufacturing and corporat... more
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Marvin
Blackhawk Village, IA
Marvin | Blackhawk Village, IA
Marvin is seeking a Senior Incentive Analyst to design, model, and optimize incentive and variable pay programs that support our manufacturing and corporat... more
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Marvin
Blackhawk Village, IA
Marvin | Blackhawk Village, IA
Job Overview: The Senior Incentive Analyst is a hands-on role that will play a key part in managing and supporting ongoing incentive compensation needs. Th... more
5 Days Ago
Marvin
Bettendorf, IA
Marvin | Bettendorf, IA
Job Overview: The Senior Incentive Analyst is a hands-on role that will play a key part in managing and supporting ongoing incentive compensation needs. Th... more
5 Days Ago
Marvin
South Des Moines, IA
Marvin | South Des Moines, IA
Job Overview: The Senior Incentive Analyst is a hands-on role that will play a key part in managing and supporting ongoing incentive compensation needs. Th... more
5 Days Ago
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