Data Scientist Salary in US 2024

February 21st, 2024

Data Scientist was ranked as the third of the highest paying jobs in the US by Glassdoor in 2022 with a Median base salary of $120,000. There are numerous aspects such as experience, location, education, etc that play a major role in determining how much a data scientist earns on average.

Data Scientist has become one of the most in-demand jobs globally due to the growth and expansion of Big data among organizations. In addition, the data scientist jobs are expected to witness a growth of 35% between 2022 to 2032.

In this article, we are going to take an in-depth look at the Data Scientist salary in the US in 2024 and highlight various methods that can help you enhance your chances of earning a high-paying data scientist job.

How much do Data Scientists make?

According to the U.S. Bureau of Labor Statistics, the Median Pay for a Data Scientist in 2022 was $103,500 per year or $49.76 per hour.

According to other salary aggregation sites, the average salary of a Data scientist is as follows:

Indeed	Zippia	Glassdoor	US BLS	Payscale
$124,172	$106,104	$117,664	$103,500	$99,344

Data Scientists is a good paying job as it offers higher than average salaries to its employees. There are various factors that contribute to the average salary earned by a Data scientist such as experience, location, qualifications, skills, industry, etc.

Data Scientist Salaries in the U.S By experience

The experience level of an employee plays a crucial role when it comes to salaries. Usually, the more experience you gain in the data science field, the more you can expect your salary to increase. Employees with more experience tend to take more responsibility and leadership roles and are capable of contributing to complex projects which results in higher compensation.

Now, let’s take a look at the Data scientist salaries in the US by experience:

Experience	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

Source: Glassdoor

Data Scientist Salaries in the U.S By location

Another important factor that can impact the average base salary as a Data scientist is your location. There are certain states in the US that tend to pay higher than others.

Below we have listed down the average base salary of a Data scientist in the U.S by location:

Location	Average base salary
Alabama	$109,834
Alaska	$113,762
Arizona	$117,070
Arkansas	$113,031
California	$144,128
Colorado	$110,351
Connecticut	$120,781
Delaware	$92,155
Florida	$108,494
Georgia	$108,934
Hawaii	$110,985
Idaho	$87,115
Illinois	$113,048
Indiana	$92,429
Iowa	$121,715
Kansas	$108,706
Kentucky	$128,980
Louisiana	$97,111
Maine	$110,822
Maryland	$136,597
Massachusetts	$123,158
Michigan	$104,884
Minnesota	$109,943
Mississippi	$128,717
Missouri	$107,506
Montana	$160,251
Nebraska	$122,578
Nevada	$99,659
New Hampshire	$126,097
New Jersey	$103,777
New Mexico	$135,364
New York	$122,415
North Carolina	$109,241
North Dakota	$97,967
Ohio	$100,464
Oklahoma	$99,659
Oregon	$127,002
Pennsylvania	$107,932
Rhode Island	$137,517
South Carolina	$82,466
South Dakota	$100,736
Tennessee	$126,414
Texas	$117,732
Utah	$118,093
Vermont	$140,841
Virginia	$130,127
Washington	$136,831
West Virginia	$77,728
Wisconsin	$126,388
Wyoming	$33,834

Source: Indeed

Data Scientist Salaries in the U.S. by industry

The Industry you work in is another crucial factor that determines the average salary earned by a Data scientist.

Below we have mentioned the Top 5 paying Data Scientists Salary in the US by industry:

Industry	Salary
Information Technology	$128,037
Media & Communications	$117,664
Retail & Wholesale	$117,664
Real Estate	$115,165
Financial Services	$115,657

Job outlook for data scientists in the U.S

According to the US Bureau of Labor Statistics, Data Scientists’ jobs are predicted to witness a major growth of 35% between 2021 to 2031. Various jobs in the data science field are expected to witness notable growth including Data analyst jobs which are likely to grow by 23%.

Due to high demand and technical skill set requirements, the jobs offered in the data science field will pay extremely well. Especially, with Data science dominating almost every industry such as Retail, Healthcare, Entertainment and media, Technology, etc.

Data Scientist Salaries in the U.S. by Education

It is no surprise that the qualification or education of a Data Scientist is one of the prime factors that determine the annual salary of an individual. The bachelor’s degree earned by a data scientist is what demonstrates that a person is qualified to perform the job.

Earning a Master’s degree can play a significant role in helping data scientists secure a higher-paying job in comparison to those who only have a bachelor’s degree.

1. Associate Degree in Data Science

An Associate degree in Data Science is a UG two-year program that provides foundational knowledge to data science enthusiasts. This program enables students to work as a data scientist or analyst.

According to reports by Salary.com, an Associate Degree in Data Science can land you a job as a Data Scientist I with an annual salary of $70,542 to $74,823. Meanwhile, a Data Scientist II can earn up to $85,841 to $91,655.

2. Bachelor’s Degree in Data Science

A Bachelor’s degree in Data Science in the US can help you secure a job as a Data Scientist I with an annual salary of $71,749 to $75,676. While a Data Scientist II can earn an annual salary of $86,316 to $92,113.

3. Master’s Degree in Data Science

A Master’s Degree in Data Science can be earned by a student after the completion of their bachelor’s degree. Here’s how much you can expect to earn as a Data Scientist after completing your Master’s in Data science.

Data Scientist I	$72,847 to $76,581
Data Scientist II	$87,107 to $92,877

4. Doctorate in Data Science

Having a doctorate in Data Science can add major value to your resume and help you land a good job opportunity as a Data scientist. Here’s how much you can expect to earn as a Data Scientist according to salary.com:

Data Scientist I	$73,945 to $77,485
Data Scientist II	$87,423 to $93,182

How to increase your data scientist salary

You can increase your data scientist salary by investing in new skills, capabilities, and certifications, and focusing on your professional development can make you a valuable employee and contribute to a salary raise. Here are some of the methods through which you can increase your data scientist salary:

Build new skills as a data scientist

One of the best ways to increase your data scientist salary is by building a new skill. Acquiring a new skill as a data scientist can offer an advantage to you professionally and contribute to your salary growth. Here are some of the top new skills that you can learn:

Deep learning or Machine learning
Artificial Intelligence
Risk analysis
Programming languages
Software engineering
Data mining
Big Data

IBM Data Science

Another excellent way to increase your salary is by advancing your education and gaining a new certification. IBM Data Science Professional Certificate is an excellent certification that develops in-demand skills and hands-on experience. This is a beginner-level course, which you can complete in 5 months by providing 10 hours a week.

By the end of this course, you will master the most up-to-date practical skills and knowledge that are utilized by data scientists in their everyday roles. This way you can elevate your chances of obtaining a high-paying job.

Enhancing your data scientist resume

If you want to increase your data scientist salary then you need to focus on enhancing your data scientist resume. A well-crafted resume helps create a good impression of the employee in front of the recruiter and increases the chances of securing a good-paying job.

One of the ways to enhance your resume is by earning a professional certificate in the data science field. Achieving a certificate in data science can help you showcase your technical skills and prove your potential in front of the hiring manager. Below we have listed down some of the best Professional certificates you can apply for:

Top Paying Companies For a Data Scientist in United States

Data Scientist is one of the most in-demand job roles in the United States. In 2022, Glassdoor named Data Scientist as the third highest-paying job in the US. Below we have mentioned the Top 10 highest-paying companies for Data Scientists in the United States:

Company	Compensation
Advent International	$780,417
Hudson River Trading	$600,000
Netflix	$500,000
Coupang	$455,000
Airbnb	$407,000
Coinbase	$401,000
Snap	$400,000
Jump Trading	$387,500
Stitch Fix	$382,000
Instacart	$375,200

Source: Dice.com

FAQ’s

Who is a Data Scientist?

A Data Scientist is an analytical expert who collects, analyzes, and interprets data and is responsible for solving complex issues and helping drive decision-making in an organization or business.