As of August 01, 2026, the average salary for an Institutional Research Analyst in Canaan, CT is $104,799 per year, which breaks down to an hourly rate of $50.
However, an Institutional Research Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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An Institutional 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 an Institutional 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 |
|---|---|
| Operation... Level Institutional Research Analyst | $73,989 |
| Operation... Level Institutional Research Analyst | $91,680 |
| Instituti... Level Institutional Research Analyst | $105,587 |
| Operation... Level Institutional Research Analyst | $121,303 |
| Operation... Level Institutional Research Analyst | $142,047 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 18.09% |
| Accounting | 1.92% |
| Microsoft Excel | 1.23% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Insight
|
$108,991 |
4%
|
|
Logistics
|
$107,943 |
3%
|
|
Project Management
|
$107,943 |
3%
|
|
Innovation
|
$107,943 |
3%
|
|
Program Management
|
$106,895 |
2%
|
|
Leadership
|
$106,895 |
2%
|
For Institutional Research Analyst roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Institutional Research Analyst positions in Insurance or Internet typically offer lower base pay, as these industries often view Institutional Research Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $146,718 | $71.0 | 40% |
| Biotechnology | $141,478 | $68.0 | 35% |
| Business Services | $136,238 | $65.0 | 30% |
| Chemicals | $130,998 | $63.0 | 25% |
| Construction | $125,758 | $60.0 | 20% |
Understanding how an Institutional 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 Institutional Research Analyst job openings on our job board. Use the search bar below to find your perfect match.
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