As of August 01, 2026, the average salary for a Market Research Analyst in Crofton, MD is $76,862 per year, which breaks down to an hourly rate of $37.
However, a Market Research Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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A Market Research 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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Market Research 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 |
|---|---|
| Market Re... Level Market Research Analyst | $64,438 |
| Market Re... Level Market Research Analyst | $76,709 |
| Market Re... Level Market Research Analyst | $107,239 |
| Market Re... Level Market Research Analyst | $141,679 |
| Market Re... Level Market Research Analyst | $113,609 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 10.62% |
| Microsoft Office | 2.14% |
| Qualitative Research | 1.22% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Consultancy
|
$86,086 |
12%
|
|
Market Risk
|
$85,317 |
11%
|
|
Insight
|
$82,242 |
7%
|
|
Business Development
|
$82,242 |
7%
|
|
Qualitative Research
|
$81,474 |
6%
|
|
Collaboration
|
$81,474 |
6%
|
For Market Research Analyst roles, the industry you choose can affect earning potential by as much as 94% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Software & Networking sectors offer the strongest compensation, at 35% above the average. In contrast, Market Research Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Market Research Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $103,764 | $50.0 | 35% |
| Software & Networking | $99,921 | $48.0 | 30% |
| Financial Services | $96,078 | $46.0 | 25% |
| Internet | $92,235 | $44.0 | 20% |
| Aerospace & Defense | $86,086 | $41.0 | 12% |
Understanding how a Market Research 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, 2026Ready to take the next step in your career? Browse thousands of current Market Research Analyst job openings on our job board. Use the search bar below to find your perfect match.
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