Average Market Research Analyst Salary in TennesseeNo State Income Tax
Market Research Analysts in Tennessee earn an average of $68,934 per year across 2 metro areas. This is +7.7% lower than the national average.
Average Salary
$68,934
per year
Hourly Rate
$33.14
per hour
vs National
-7.7%
$74,680 national
Salary Range
$45,118
to $99,412
About Market Research Analyst Careers in Tennessee
Market research analysts study market conditions to help organizations understand consumer behavior, evaluate competition, and make informed business decisions. They design surveys, conduct focus groups, analyze sales data and competitive intelligence, and translate complex datasets into actionable strategic recommendations. The BLS reports a median annual wage of $74,680, and the occupation is projected to grow 13% through 2032 — much faster than average — driven by the explosion of digital marketing data and companies' increasing reliance on data-driven strategy. Senior analysts and those specializing in data science or UX research command significantly higher compensation.
In Tennessee, market research analysts earn an average of $68,934 per year as of 2026, with salaries ranging from $45,118 for entry-level roles to $99,412 for the most experienced professionals — +7.7% below the national average. Pay is influenced most by industry sector — technology, pharmaceutical, and financial services firms pay significantly above the median, technical skills — analysts proficient in python, sql, or advanced statistical modeling command salary premiums of 15–30%, and the specific metro area within Tennessee.
Cost of Living Adjusted Salary
Nominal Salary
$68,934
Cost of Living Index
93
100 = national average
Adjusted Salary
$74,123
purchasing power equivalent
After adjusting for Tennessee's cost of living (below average), a Market Research Analyst's salary of $68,934 has the purchasing power of $74,123 in an average-cost area. Additionally, Tennessee has no state income tax, further increasing take-home pay.
Market Research Analyst Salary by City in Tennessee
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Nashville, TN | $73,426 | $35.30/hr | $47,306 | $105,392 | 392 |
| Memphis, TN | $64,442 | $30.98/hr | $42,930 | $93,432 | 497 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Tennessee vs National Average
Market Research Analyst Salary Comparison
Employment in Tennessee
There are approximately 889 Market Research Analysts employed across 2 metro areas in Tennessee.
Key Industries: Healthcare, Automotive, Music & Entertainment
State Income Tax: None (tax-free state)
Market Research Analyst Salary Range in Tennessee
Entry Level (10th Percentile)
$45,118
Starting salary for new Market Research Analysts
Median (50th Percentile)
$68,934
Mid-career Market Research Analyst salary
Senior (90th Percentile)
$99,412
Top earners in the field
Related Occupations in Tennessee
Financial Analyst
$92,489
avg in TN
+$23,555 vs Market Research Analyst
Management Analyst
$91,924
avg in TN
+$22,990 vs Market Research Analyst
Personal Financial Advisor
$91,734
avg in TN
+$22,800 vs Market Research Analyst
Accountant
$72,368
avg in TN
+$3,434 vs Market Research Analyst
Human Resources Specialist
$62,990
avg in TN
-$5,944 vs Market Research Analyst
Market Research Analyst Salary in Neighboring States
Compare Market Research Analyst salaries in Tennessee with nearby states to find the best opportunities.
More Market Research Analyst Data
More Tennessee Data
Frequently Asked Questions
What is the average Market Research Analyst salary in Tennessee?
The average Market Research Analyst salary in Tennessee is $68,934 per year ($33.14/hour) based on 2026 data across 2 metro areas. This is 7.7% below the national average of $74,680.
What is the highest paying city for Market Research Analysts in Tennessee?
Nashville, TN is the highest paying city for Market Research Analysts in Tennessee, with a median salary of $73,426 per year. The lowest paying metro area is Memphis, TN at $64,442.
What is the salary range for Market Research Analysts in Tennessee?
Market Research Analyst salaries in Tennessee range from $45,118 (entry-level, 10th percentile) to $99,412 (experienced, 90th percentile). The median salary is $68,934 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Tennessee. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.