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Data Scientist Salary in USA: Data Scientist is one of the most in-demand job profiles in the industry in the United States. Moreover, companies in every industry highly respect them, and they are paid well for the talents and expertise they contribute. Also, as per the latest data compiled by the USA employment market, job postings for Data Scientists have increased by 88.3% in a year, making them the most sought-after position in the tech industry. Therefore, employers are always searching for qualified Data Scientists who can handle massive amounts of complicated data and analyze it to get valuable business insights. Read this complete blog to know more about the Data Scientist Salary in USA.
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Scope of a Data Scientist in USA
The US Bureau of Labor Statistics projects that by 2026, there will be around 11.5 million job opportunities in the rapidly growing field of data science. A career in data science is becoming more and more popular among individuals due to the lucrative compensation and increasing demand for data specialists.
How Much Do Data Scientists Make?
The compensation of data scientists is greater than average. As of 2022, the U.S. Bureau of Labor Statistics (BLS) reported that the median annual wage for data scientists was $103,500. That is more than double the median annual wage for all workers, which during the same period was estimated by the BLS to be $46,310.
| Entry-Level Data Scientist Salary | $86,000 |
| Junior Data Scientist Salary | $100,000 |
| Senior Data Scientist Salary | $123,000 |
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Data Scientist Salary in The USA By Experience
The salary of a data scientist in the USA can vary based on the experience level. Here is a table that includes Data Scientist Salary in the USA By Experience
| Experience Year | Average Salary |
| 0-1 years | $96,986 |
| 1-3 years | $108,197 |
| 4-6 years | $118,101 |
| 7-9 years | $124,037 |
| 10-14 years | $131,327 |
| 15+ years | $140,079 |
Data Scientist Salary in The USA By Industry
These are some of the top industries mentioned below that provide a good salary for a data scientist in the USA.
| Popular Industry | Average Salary |
| Information Technology | $128,037 |
| Retail & Wholesale | $117,664 |
| Real Estate | $115,165 |
| Financial Services | $115,657 |
| Media & Communications | $117,664 |
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Data Scientist Salary Based on Job Role
Here is a list of some of the top-paid data scientist jobs in the USA, with their earnings per year.
| Jobs Role | Average Salary |
| Big Data | $1,00,550 per year |
| Data Analyst | $76,883 per year |
| Quantitative Analyst | $1,34,534 per year |
| Senior Data Scientist | $235,377 per year |
| Data Engineer | $155,386 per year |
| Database Engineer | $107,262 per year |
| Director of Data Science | $136,529 per year |
| Lead Data Scientist | $145,039 per year |
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City Wise Data Scientist Salary in USA
Location is also one of the main factors that we need to consider before taking a job. Here is a list of some of the top City Wise Data Scientist Salaries in the USA.
| Region | Average Salary |
| New York | $132,826 |
| California | $127,388 |
| Massachusetts | $119,234 |
| Wyoming | $118,644 |
| Washington | $116,118 |
| Hawaii | $115,887 |
| Arkansas | $149,000 |
| Alaska | $141,863 |
| New Jersey | $134,680 |
| Texas | $133,151 |
| Mississippi | $130,950 |
| Pennsylvania | $128,685 |
| Arizona | $126,040 |
| Alabama | $112,501 |
| Florida | $125,124 |
| Ohio | $121,500 |
Highest Paying Companies for Data Scientists in USA
This is a list of some high-paying companies for data scientists in the United States.
| Companies | Average Salary |
| Meta | $2,50,577 |
| Amazon | $1,32,298 |
| Oracle | $2,07,333 |
| Quora, Inc. | $1,41,605 |
| $2,49,578 | |
| Uber | $1,86,345 |
| IBM | $1,38,251 |
| Ascendum Solutions | $1,16,534 |
| Cisco Systems | $2,05,553 |
| Microsoft | $2,02,525 |
| Expedia Group | $1,70,208 |
| Apple | $2,33,033 |
FAQs
Choosing a career in data science offers financial incentives in addition to employment security. It is anticipated that this need will increase even further as 2024 approaches. An increasing number of industries have realized that data science is essential to their success going forward.
In 2024, the median pay for a Data Scientist will be $148,113 for mid-level employees and $163,714 for senior employees. A data scientist can make $232,000 or more in certain areas, such as San Francisco, Silicon Valley, and Seattle, where data professionals are paid more than 28% more than in other places.
Data Science and Artificial Intelligence are amongst the hottest fields of the 21st century that will impact all segments of daily life by 2025, from transport and logistics to healthcare and customer service.
Hopefully, now you know about Data Scientist Salary in USA 2024 in detail. If you are looking to read more such salary blogs for different job positions follow Leverage Edu.
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