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Market Research Analyst Salary in Frankfort, KY

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

Median Salary
$44,509
per year in Frankfort
Entry Level
$26,091
Starting salary
Senior Level
$60,369
Experienced professionals
Cost of Living
84
16% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$26,091$44,509$60,369
Monthly$2,174$3,709$5,031
Biweekly$1,004$1,712$2,322
Weekly$502$856$1,161
Hourly$13$21$29

Frankfort vs National Average

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

Frankfort Salary
$44,509
COL Index: 84
National Average
$63,840
COL Index: 100
Difference
-$19,331
Lower in Frankfort

Cost of Living in Frankfort

1-Bedroom Rent
$740
per month
Median Income
$46,234
per year
Population
28,530
residents
Rent % of Income
19.2%
median household
Cost of Living Index: 84 — A score of 100 represents the U.S. average. Salaries in Frankfort 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
+119%
Los Angeles, CA
$79,620
+79%
Chicago, IL
$76,380
+72%
Houston, TX
$60,900
+37%
Phoenix, AZ
$69,120
+55%

Financial Tools to Explore

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Market Research Analyst Salary in Frankfort, KY — Complete Guide

Median Salary Overview

The median salary for a market research analyst in Frankfort, KY is $44,509 per year, adjusted for the local cost of living index of 84. This figure reflects typical earnings for experienced professionals in this role, considering Frankfort's unique economic conditions.

Salary Range and Experience Levels

Entry-level market research analyst professionals in Frankfort can expect to earn around $26,091 annually. As professionals gain experience, salaries typically increase, with senior-level market research analysts earning approximately $60,369 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Frankfort's cost of living index of 84 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Frankfort 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 Frankfort typically goes toward housing. With a 1-bedroom apartment averaging $740 per month, housing represents about 20.0% 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 Frankfort, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.