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salary information

Salary Information for a Market Research Analyst in Philadelphia, PA

Median salary:

This data reflects Total Cash for a Level 1 Market Research Analyst at a mid-size company. To get more detailed information on total compensation for the role of Market Research Analyst in Philadelphia, PA, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Market Research Analyst in Philadelphia, PA?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

74.6

Total Comp (TC)

Cost of Living (COL) Index
74.6
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Market Research Analyst in Philadelphia, PA?

Researches and analyzes the company's market, competition and product landscape and makes recommendations based on that research. Evaluates key current and anticipated future trends to enhance competitive market positioning.

What are the characteristics of a level 1 Market Research Analyst?

A level 1 Market Research Analyst in Philadelphia, PA is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Market Research Analyst

Benchmark Role

Individual Contributor

Job Type

Market Research

Job Family

Business

Job Area

Quality of Life in Philadelphia, PA

Cost of Living

  • Comparison to National Average: The cost of living in Philadelphia is slightly above the national average. Day-to-day expenses such as groceries, dining, and transportation can be higher than in other parts of the U.S.
  • Utilities and Internet: Utility costs are often on par with or slightly lower than the national average. However, internet and cable services might be priced higher due to the competitive market.

Housing Market

  • Median Home Prices: As of recent assessments, Philadelphia's median home price is lower than that of major East Coast cities like New York or Washington, D.C., but it remains higher than the national median.
  • Rental Costs: Renting is a popular option for many residents. Rent prices are relatively affordable compared to larger metro areas, though they are still considered high relative to median income levels.

Quality of Life

  • Cultural and Recreational Activities: Philadelphia offers a rich tapestry of cultural attractions including museums, theaters, and historic sites. The city also boasts numerous parks and recreational areas.
  • Commute Times: The city has a robust public transportation system, though some areas experience congestion. Typical commute times are reasonable for a city of its size.

Access to Healthcare

  • Healthcare Availability: Philadelphia is home to several renowned hospitals and healthcare facilities, providing excellent accessibility to medical services.
  • Healthcare Costs: Insurance premiums and out-of-pocket expenses are generally in line with the national average.

Quality of K-12 Schools

  • Public Education: The quality of public schools varies significantly across different neighborhoods. Some areas have highly-rated schools, while others face challenges such as overcrowding and limited resources.
  • Private and Charter Schools: There are numerous private and charter school options, providing alternatives to public schooling, though these often come with additional costs.

Assessment

Living in Philadelphia on a $69,275 salary offers a balanced quality of life with several trade-offs. The city's cultural vibrancy and access to healthcare boost its attractiveness, while the housing market presents both opportunities and challenges in affordability. Residents must navigate a slightly elevated cost of living compared to the national standard, but they benefit from diverse schooling options and a strong urban infrastructure.

See salary information for the Market Research Analyst role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Philadelphia, PA, specifically for a Level 1 Market Research Analyst. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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