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Business Analyst Salary in Newport News, VA

How much does a business analyst make in Newport News? Explore median, entry-level, and senior salaries adjusted for Newport News's cost of living.

Median Salary
$98,690
per year in Newport News
Entry Level
$58,316
Starting salary
Senior Level
$134,577
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

See how business analyst salaries break down across different pay periods in Newport News.

PeriodEntry LevelMedianSenior
Annual$58,316$98,690$134,577
Monthly$4,860$8,224$11,215
Biweekly$2,243$3,796$5,176
Weekly$1,121$1,898$2,588
Hourly$28$47$65

Newport News vs National Average

How Newport News's business analyst salaries compare to national figures.

Newport News Salary
$98,690
COL Index: 95
National Average
$98,190
COL Index: 100
Difference
+$500
Higher in Newport News

Cost of Living in Newport News

1-Bedroom Rent
$1,150
per month
Median Income
$50,120
per year
Population
186,247
residents
Rent % of Income
27.5%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Newport News have been adjusted to account for local cost differences.

About Business Analyst

Overview

Analyze business processes and requirements to improve operations.

Education

Bachelor's degree in Business, IT, or related field

Key Skills

Requirements AnalysisProcess MappingData AnalysisBusiness Acumen

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Business Analyst Salary

See Business Analyst salaries in other top cities.

New York, NY
$110,950
+12%
Los Angeles, CA
$107,470
+9%
Chicago, IL
$120,140
+22%
Houston, TX
$98,620
0%
Phoenix, AZ
$90,810
-8%

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Business Analyst Salary in Newport News, VA — Complete Guide

Median Salary Overview

The median salary for a business analyst in Newport News, VA is $98,690 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Newport News's unique economic conditions.

Salary Range and Experience Levels

Entry-level business analyst professionals in Newport News can expect to earn around $58,316 annually. As professionals gain experience, salaries typically increase, with senior-level business analysts earning approximately $134,577 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Newport News's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Newport News are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $98,190, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a business analyst's salary in Newport News typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 14.0% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Business Analysts are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Newport News, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.