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Market Research Analyst Salary in Birmingham, AL

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

Median Salary
$61,270
per year in Birmingham
Entry Level
$35,916
Starting salary
Senior Level
$83,102
Experienced professionals
Cost of Living
93
7% below national avg

Salary Breakdown by Experience Level

See how market research analyst salaries break down across different pay periods in Birmingham.

PeriodEntry LevelMedianSenior
Annual$35,916$61,270$83,102
Monthly$2,993$5,106$6,925
Biweekly$1,381$2,357$3,196
Weekly$691$1,178$1,598
Hourly$17$29$40

Birmingham vs National Average

How Birmingham's market research analyst salaries compare to national figures.

Birmingham Salary
$61,270
COL Index: 93
National Average
$63,840
COL Index: 100
Difference
-$2,570
Lower in Birmingham

Cost of Living in Birmingham

1-Bedroom Rent
$1,150
per month
Median Income
$49,234
per year
Population
214,237
residents
Rent % of Income
28.0%
median household
Cost of Living Index: 93 — A score of 100 represents the U.S. average. Salaries in Birmingham have been adjusted to account for local cost differences.

About Market Research Analyst

Overview

Conduct market research and analyze consumer behavior and trends.

Education

Bachelor's degree in Marketing, Statistics, or related field

Key Skills

Market ResearchData AnalysisConsumer InsightsReporting

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Market Research Analyst Salary

See Market Research Analyst salaries in other top cities.

New York, NY
$97,360
+59%
Los Angeles, CA
$79,620
+30%
Chicago, IL
$76,380
+25%
Houston, TX
$60,900
-1%
Phoenix, AZ
$69,120
+13%

Financial Tools to Explore

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Market Research Analyst Salary in Birmingham, AL — Complete Guide

Median Salary Overview

The median salary for a market research analyst in Birmingham, AL is $61,270 per year, adjusted for the local cost of living index of 93. This figure reflects typical earnings for experienced professionals in this role, considering Birmingham's unique economic conditions.

Salary Range and Experience Levels

Entry-level market research analyst professionals in Birmingham can expect to earn around $35,916 annually. As professionals gain experience, salaries typically increase, with senior-level market research analysts earning approximately $83,102 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Birmingham's cost of living index of 93 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Birmingham are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $63,840, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a market research analyst's salary in Birmingham typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 22.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Market Research Analysts are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Birmingham, 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.