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Market Research Analysts

SOC: 13-1161 • Data from U.S. Bureau of Labor Statistics & O*NET

What They Do

Market Research Analysts typically perform the following tasks: • Prepare reports of findings, illustrating data graphically and translating complex findings into written text. • Collect and analyze data on customer demographics, preferences, needs, and buying habits to identify potential markets and factors affecting product demand. • Conduct research on consumer opinions and marketing strategies, collaborating with marketing professionals, statisticians, pollsters, and other professionals. • Measure and assess customer and employee satisfaction. • Devise and evaluate methods and procedures for collecting data, such as surveys, opinion polls, or questionnaires, or arrange to obtain existing data. • Measure the effectiveness of marketing, advertising, and communications programs and strategies. • Seek and provide information to help companies determine their position in the marketplace. • Forecast and track marketing and sales trends, analyzing collected data. • Gather data on competitors and analyze their prices, sales, and method of marketing and distribution. • Monitor industry statistics and follow trends in trade literature. • Attend staff conferences to provide management with information and proposals concerning the promotion, distribution, design, and pricing of company products or services. • Direct trained survey interviewers. • Develop and implement procedures for identifying advertising needs.

Career Video

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Key facts

Median: $76,950
Employment: 941,700
Growth (2024–2034): +7.0%
Education: Bachelor's degree

Career Intelligence Metrics

Automation Risk Assessment

Medium Risk
38.0% probability of being automated in the next 10-20 years. This job has some routine elements but still requires human judgment and interaction.

Work-Life Balance Score

8.1/10
Excellent work-life balance based on typical work schedules, stress levels, and time demands.

Personality Fit (RIASEC Profile)

3.8
Realistic
7.2
Investigative
4.0
Artistic
6.6
Social
8.2
Enterprising
8.8
Conventional
Powered by O*NET Career Profiling

Personality Match: The higher the score (out of 10), the better this career matches that personality type. People with similar interests and work styles tend to be most satisfied in careers that match their personality profile.

O*NET Official Logo Official assessment tool by the U.S. Department of Labor

Top Skills

Analytical skills Communication skills Critical-thinking skills Detail oriented

Strengths

  • High Demand
  • Flexible Work
  • Continuous Learning

Challenges

  • Burnout Risk
  • Rapid Technological Change

Median Salary Comparison

Employment projection (2024–2034)

Geographic Employment & Wage Analysis

BLS OEWS Data Updated 2024-05
View Interactive BLS Maps

States with Highest Employment

  • California 108,460
  • New York 75,100
  • Texas 61,200
  • Florida 54,090
  • Massachusetts 37,320
  • Illinois 35,350
  • Pennsylvania 31,240
  • North Carolina 30,140
  • Colorado 30,000
  • Washington 26,030
BLS OEWS data (2024-05)

Regional Wage Variations

  • California +21%
    $92,770
  • New York +19%
    $91,840
  • Texas -16%
    $64,900
  • Florida 1%
    $77,490
  • Massachusetts +21%
    $93,430
  • Illinois -5%
    $72,840
  • Pennsylvania -15%
    $65,190
  • North Carolina 1%
    $77,360
  • Colorado 5%
    $80,670
  • Washington +23%
    $94,300
BLS OEWS state wage data
Top Metropolitan Areas
New York-Newark-Jersey City
Employment: High Growth: +3.2%
Los Angeles-Long Beach
Employment: High Growth: +2.8%
Chicago-Naperville-Elgin
Employment: Medium Growth: +1.5%
Dallas-Fort Worth
Employment: Medium Growth: +4.1%
San Francisco-Oakland
Employment: High Growth: +2.3%
Based on BLS metropolitan area data
Industries with Highest Concentrations
Information
85%
Management of companies and enterprises
70%
Finance and insurance
55%
Regional Job Market Outlook
Strong
West Coast
Stable
Northeast
Growing
South