As of July 01, 2026, the average salary for a Functional Analyst II in the United States is $104,528 per year, which breaks down to an hourly rate of $50.
However, a Functional Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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A Functional Analyst II'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 Functional Analyst II'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 |
|---|---|
| IT Strate... Level Functional Analyst II | $94,283 |
| Functiona... Level Functional Analyst II | $103,796 |
| IT Strate... Level Functional Analyst II | $129,068 |
| IT Strate... Level Functional Analyst II | $161,498 |
| IT Strate... Level Functional Analyst II | $145,036 |
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 Functional Analyst IIs. For example, consider the average annual salaries in these key locations:
For Functional Analyst II roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Functional Analyst positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Functional Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $130,660 | $63.0 | 25% |
| Financial Services | $130,660 | $63.0 | 25% |
| Software & Networking | $130,660 | $63.0 | 25% |
| Energy & Utilities | $125,434 | $60.0 | 20% |
| Internet | $125,434 | $60.0 | 20% |
Understanding how a Functional Analyst II'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 July 01, 2026Salaries for a Functional Analyst II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $107,877 in 2023 to around $107,420 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Functional Analyst II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $107,877 |
| 2024 | $108,495 |
| 2025 | $107,420 |
| 2026 |
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| 2027 |
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