HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Statistical Analyst Average Salary in Rhode Island 2024

How much money does a person working as Statistical Analyst make in Rhode Island?


Average Yearly Salary
77,100 USD
( 6,430 USD monthly)

LOW
40,100
USD
AVERAGE
77,100
USD
HIGH
118,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Statistical Analyst in Rhode Island typically earns around 77,100 USD. Salaries range from 40,100 USD (lowest) to 118,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Statistical Analyst salaries in Rhode Island vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Statistical Analyst Pay Scale and Salaries in Rhode Island

Median and salary distribution Rhode Island Statistical Analyst yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/rhode-island/science-and-technical-services/statistical-analyst/median-and-salary-distribution-yearly-rhode-island-statistical-analyst.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
69,800 USD or more
10% of people earn
62,200 to 69,800 USD
20% of people earn
45,400 USD or less
65% of people earn
45,400 to 62,200 USD
Minimum Salary
40,100 USD
Median
70,100 USD
Maximum
118,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Statistical Analyst in Rhode Island range from 40,100 USD (starting salary) to 118,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 70,100 USD, half of the professionals who work as Statistical Analyst in Rhode Island earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Statistical Analyst in Rhode Island earn less than 58,200 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 79,600 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Statistical Analyst in Rhode Island compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 45,400 USD to 62,200 USD. About 20% of salaries are below the 45,400 USD mark, while 10% fall within the range of 62,200 USD to 69,800 USD. Only 5% of individuals have salaries exceeding 69,800 USD.

Salary Comparison by Years of Experience / Statistical Analyst / Rhode Island

How do experience and age affect pay?

0 - 2 Years
45,500 USD
2 - 5 Years+34%
61,100 USD
5 - 10 Years+30%
79,400 USD
10 - 15 Years+21%
96,200 USD
15 - 20 Years+9%
105,000 USD
20+ Years+5%
111,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Rhode Island Statistical Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/rhode-island/science-and-technical-services/statistical-analyst/salary-comparison-by-years-of-experience-yearly-rhode-island-statistical-analyst.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Statistical Analyst and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 45,500 USD.

While someone with an experience level between two and five years is expected to earn 61,100 USD, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 79,400 USD, 30% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 96,200 USD, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 105,000 USD, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 111,000 USD, 5% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Statistical Analyst / Rhode Island

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Statistical Analyst.

Bachelor's Degree
58,800 USD
Master's Degree+24%
72,800 USD
PhD+60%
116,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Rhode Island Statistical Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/rhode-island/science-and-technical-services/statistical-analyst/salary-comparison-by-education-level-yearly-rhode-island-statistical-analyst.jpg

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Statistical Analyst in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 58,800 USD.


Level 2: Master's Degree

At this level, the average salary becomes 72,800 USD, 24% more than the previous level.


Level 3: PhD

At this level, the average salary becomes 116,000 USD, 60% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Statistical Analyst / Rhode Island

Salary comparison by gender United States Statistical Analyst yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/science-and-technical-services/statistical-analyst/salary-comparison-by-gender-yearly-united-states-statistical-analyst.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Statistical Analyst in United States, the average difference between the salary of male and female employees is 5%.

Male
89,900 USD
Female-5%
85,500 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/salary-comparison-by-gender-yearly-united-states.jpg


Average Annual Salary Increment Percentage / Statistical Analyst / Rhode Island

How much are annual salary increments in Rhode Island for individuals working as Statistical Analyst? How often do employees get salary raises?

Individuals working as Statistical Analyst in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Statistical Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/science-and-technical-services/statistical-analyst/annual-salary-increment-rate-united-states-statistical-analyst.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/annual-salary-increment-rate-united-states.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Statistical Analyst / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Statistical Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/science-and-technical-services/statistical-analyst/annual-salary-bonus-rate-united-states-statistical-analyst.jpg

100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Statistical Analyst / Rhode Island


37 USD per hour

The average hourly wage (pay per hour) for individuals working as Statistical Analyst in Rhode Island is 37 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Statistical Analyst in Rhode Island is 19 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Science and Technical Services-100%
3D Lab Technologist80,000 USD+4%
3D Printing Specialist77,400 USD+0%
Algorithm Developer109,000 USD+41%
Analytical Chemist159,000 USD+110%
Anthropologist120,000 USD+56%
Archeologist108,000 USD+40%
Assistant Breeder57,900 USD-25%
Astronomer192,000 USD+150%
Atmospheric and Space Scientist160,000 USD+110%
Behavior Analyst109,000 USD+41%
Behavior Intervention Specialist121,000 USD+57%
Behavior Specialist113,000 USD+47%
Biochemist181,000 USD+130%
Biofuels Processing Technician75,100 USD-3%
Biofuels Production Manager134,000 USD+74%
Biologist186,000 USD+140%
Biomedical Laboratory Officer71,400 USD-7%
Biomedical Scientist179,000 USD+130%
Biophysicist182,000 USD+140%
Chemical Engineer88,300 USD+15%
Chemical Technologist82,400 USD+7%
Chemist175,000 USD+130%
Chief Robotics Integration Officer128,000 USD+66%
Chief Technologist165,000 USD+110%
Climate Change Analyst123,000 USD+60%
Clinical Laboratory Scientist185,000 USD+140%
Computer Scientist146,000 USD+89%
Conservation Scientist143,000 USD+85%
Data Science Specialist113,000 USD+47%
Data Scientist135,000 USD+75%
DNA Analyst191,000 USD+150%
Ecologist143,000 USD+85%
Economic Development Specialist145,000 USD+88%
Flavourist58,100 USD-25%
Food Scientist113,000 USD+47%
Forensic Scientist155,000 USD+100%
Formulation Technologist73,400 USD-5%
Fraud Investigator84,200 USD+9%
Genomics Scientist187,000 USD+140%
Geographer102,000 USD+32%
Geographic Information Systems Technician65,900 USD-15%
Geological Data Technician59,800 USD-22%
Geological Technician78,600 USD+2%
Geologist156,000 USD+100%
Geomatics Scientist147,000 USD+91%
Geophysical Data Technician57,300 USD-26%
Geospatial Information Scientist and Technologist135,000 USD+75%
Global Technical Lead187,000 USD+140%
Hydrologist121,000 USD+57%
Industrial Ecologist121,000 USD+57%
Intelligence Analyst108,000 USD+40%
Internet of Things (IoT) Architect95,100 USD+23%
Internet of Things (IoT) Compliance Analyst99,700 USD+29%
Internet of Things (IoT) Consultant107,000 USD+39%
Internet of Things (IoT) Engineer90,100 USD+17%
Internet of Things (IoT) Integration Specialist97,400 USD+26%
Internet of Things (IoT) Logistics Analyst78,900 USD+2%
Internet of Things (IoT) Security Analyst82,100 USD+6%
Internet of Things (IoT) Specialist84,600 USD+10%
Internet of Things (IoT) Technician65,100 USD-16%
Knowledge Management Specialist92,300 USD+20%
Lab Analyst76,800 USD-0%
Lab Manager130,000 USD+69%
Lab Technician56,900 USD-26%
Laboratory Manager129,000 USD+67%
Laboratory Researcher87,700 USD+14%
Laboratory Technician55,400 USD-28%
Life Sciences Analyst123,000 USD+60%
Life Scientist148,000 USD+92%
Marine Architect114,000 USD+48%
Marine Biologist136,000 USD+76%
Marine Superintendent80,000 USD+4%
Materials Analyst79,900 USD+4%
Materials Scientist142,000 USD+84%
Mathematician151,000 USD+96%
Medical Scientist183,000 USD+140%
Metallurgist126,000 USD+63%
Meteorologist127,000 USD+65%
Microbiologist187,000 USD+140%
Natural Language Processing Researcher119,000 USD+54%
Natural Resource Specialist109,000 USD+41%
Natural Resources Analyst119,000 USD+54%
Natural Sciences Manager168,000 USD+120%
Neurotechnology Specialist162,000 USD+110%
Nuclear Engineer192,000 USD+150%
Physical Scientist147,000 USD+91%
Physicist177,000 USD+130%
Political Scientist144,000 USD+87%
Polygraph Examiner50,800 USD-34%
Polysomnographic Technologist87,400 USD+13%
Product Development Scientist156,000 USD+100%
Quantitative Research Analyst120,000 USD+56%
Quantitative Researcher120,000 USD+56%
Quantum Algorithm Developer104,000 USD+35%
Quantum Computing Engineer94,300 USD+22%
Quantum Computing Ethics Officer89,700 USD+16%
Quantum Computing Specialist103,000 USD+34%
Radiation Protection Specialist98,000 USD+27%
Refrigeration Technician43,200 USD-44%
Research Scientist136,000 USD+76%
Risk Safety Engineer83,100 USD+8%
Robotics Architect109,000 USD+41%
Scientific Photographer81,100 USD+5%
Scientific Programmer116,000 USD+50%
Scientist137,000 USD+78%
Service Engineer85,200 USD+11%
Service Technician54,000 USD-30%
Social Science Research Assistant75,500 USD-2%
Social Scientist141,000 USD+83%
Sociologist136,000 USD+76%
Soil Scientist115,000 USD+49%
Statistical Analyst77,100 USD=
Statistical Assistant56,600 USD-27%
Statistician126,000 USD+63%
Survey Analyst78,300 USD+2%
Survey Researcher73,300 USD-5%
Surveying and Mapping Technician50,200 USD-35%
Team Leader110,000 USD+43%
Technical Manager131,000 USD+70%
Technical Officer53,500 USD-31%
Technical Service Director161,000 USD+110%
Technical Services Regulatory Affairs Specialist85,700 USD+11%
Technical Services Research and Development Manager193,000 USD+150%
Technical Services Research Associate91,700 USD+19%
Technical Services Research Coordinator95,900 USD+24%
Technician52,300 USD-32%
Water Ecologist156,000 USD+100%
Wearable Technology Developer88,100 USD+14%
Wearables Specialist75,900 USD-2%
Wildlife Biologist131,000 USD+70%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Statistical Analyst in Rhode Island?

A good and competitive compensation would range anywhere between 70,100 USD and 79,600 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Statistical Analyst in Rhode Island ranges from 40,100 USD to 58,200 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic Spanish

©Salary Explorer 2024