Data Science
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| Data Science |
How Much Is a Data Scientist’s Salary?
The average data scientist salary is $113,436, according to Glassdoor. The driving factor behind high data science salaries is that organizations are realizing the power of big data and want to use it to drive smart business decisions. And because the supply of data professionals hasn’t yet caught up with demand, starting salaries for these positions remain high ($50,000 to $95,000), especially for those who have an advanced degree in data science or a related field.
Data Scientist Salary by Region:
Data scientists’ salaries depend greatly on the region in which they live. The highest salaries are in California, which is also where the majority of data scientists surveyed by O’Reilly work. The Pacific Northwest has fewer data scientists than most regions of the country, but it boasts the second highest salaries.
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Data Scientist Salary by Industry and Company Size:
The industries with the highest median data science salaries are:
- Cloud services, hosting, and CDN
- Search and social networking
- Banking and finance
It’s important to note that only 12 percent of data scientists surveyed by O’Reilly in 2016 worked in these three industries. Nearly 30 percent worked in either consulting or software (SAAS, web, and mobile).
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