Business & Finance Silver Spring, MD Pop. 81,015

Market Research Analyst Salary in Silver Spring, Maryland

The median market research analyst salary in Silver Spring, MD is $86,652 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$86,652
vs State Avg
+$8,187
vs National
+$18,422
Cost of Living
122%

Market Research Analyst Salary in Silver Spring by Experience

In Silver Spring, an entry-level market research analyst earns around $50,800, while experienced professionals earn up to $146,050 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$50,800
+$10,800 vs national
Mid Level (3-7 yrs)
$88,900
+$18,900 vs national
Senior Level (8+ yrs)
$146,050
+$31,050 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $48,260
25th Percentile $63,500
Median (50th) $86,652
75th Percentile $116,840
90th Percentile $154,940

Market Research Analyst Salary in Other Maryland Cities

How to Become a Market Research Analyst in Silver Spring

Education

Most market research analyst positions require a bachelor's degree. Silver Spring and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

Data AnalysisSurvey DesignSPSS/RMarket TrendsReport WritingPresentation

Job Outlook

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). Demand in Silver Spring may vary based on local industry and population growth.