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Market Research Analyst Salary in Lafayette, CO

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

Median Salary
$78,140
per year in Lafayette
Entry Level
$45,806
Starting salary
Senior Level
$105,984
Experienced professionals
Cost of Living
120
20% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$45,806$78,140$105,984
Monthly$3,817$6,512$8,832
Biweekly$1,762$3,005$4,076
Weekly$881$1,503$2,038
Hourly$22$38$51

Lafayette vs National Average

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

Lafayette Salary
$78,140
COL Index: 120
National Average
$63,840
COL Index: 100
Difference
+$14,300
Higher in Lafayette

Cost of Living in Lafayette

1-Bedroom Rent
$1,550
per month
Median Income
$82,234
per year
Population
31,340
residents
Rent % of Income
22.6%
median household
Cost of Living Index: 120 — A score of 100 represents the U.S. average. Salaries in Lafayette 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
+25%
Los Angeles, CA
$79,620
+2%
Chicago, IL
$76,380
-2%
Houston, TX
$60,900
-22%
Phoenix, AZ
$69,120
-12%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a market research analyst salary in Lafayette.

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Market Research Analyst Salary in Lafayette, CO — Complete Guide

Median Salary Overview

The median salary for a market research analyst in Lafayette, CO is $78,140 per year, adjusted for the local cost of living index of 120. This figure reflects typical earnings for experienced professionals in this role, considering Lafayette's unique economic conditions.

Salary Range and Experience Levels

Entry-level market research analyst professionals in Lafayette can expect to earn around $45,806 annually. As professionals gain experience, salaries typically increase, with senior-level market research analysts earning approximately $105,984 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Lafayette's cost of living index of 120 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lafayette 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 Lafayette typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 23.8% 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 Lafayette, 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.