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Market Research Analyst Salary in Grand Rapids, MI

How much does a market research analyst make in Grand Rapids? Explore median, entry-level, and senior salaries adjusted for Grand Rapids's cost of living.

Median Salary
$63,510
per year in Grand Rapids
Entry Level
$37,230
Starting salary
Senior Level
$86,140
Experienced professionals
Cost of Living
93
7% below national avg

Salary Breakdown by Experience Level

See how market research analyst salaries break down across different pay periods in Grand Rapids.

PeriodEntry LevelMedianSenior
Annual$37,230$63,510$86,140
Monthly$3,103$5,293$7,178
Biweekly$1,432$2,443$3,313
Weekly$716$1,221$1,657
Hourly$18$31$41

Grand Rapids vs National Average

How Grand Rapids's market research analyst salaries compare to national figures.

Grand Rapids Salary
$63,510
COL Index: 93
National Average
$63,840
COL Index: 100
Difference
-$330
Lower in Grand Rapids

Cost of Living in Grand Rapids

1-Bedroom Rent
$1,100
per month
Median Income
$48,410
per year
Population
198,917
residents
Rent % of Income
27.3%
median household
Cost of Living Index: 93 — A score of 100 represents the U.S. average. Salaries in Grand Rapids have been adjusted to account for local cost differences.

About Market Research Analyst

Overview

Conduct market research and analyze consumer behavior and trends.

Education

Bachelor's degree in Marketing, Statistics, or related field

Key Skills

Market ResearchData AnalysisConsumer InsightsReporting

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Market Research Analyst Salary

See Market Research Analyst salaries in other top cities.

New York, NY
$97,360
+53%
Los Angeles, CA
$79,620
+25%
Chicago, IL
$76,380
+20%
Houston, TX
$60,900
-4%
Phoenix, AZ
$69,120
+9%

Explore Related Data for Grand Rapids & MI

Dig deeper into the numbers behind a market research analyst salary in Grand Rapids — cost of living, take-home pay, affordability, taxes, and retirement projections all in one place.

Cost of living in Grand Rapids

Full breakdown of expenses, rent, and local purchasing power.

Take-home pay on $65,000 in MI

Federal tax, state tax, Social Security, and Medicare breakdown.

What you can afford on $65,000 in MI

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $65,000 in MI

See exactly which brackets your income falls into.

Market Research Analyst salary across all of MI

State-level salary data beyond just Grand Rapids.

$250,000 mortgage in MI

Monthly payment, property tax, and total interest for a typical home at this income.

Retirement at 30 earning $60,000

Projections, savings benchmarks, and how to stay on track.

Financial Tools to Explore

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Salary Breakdown Calculator

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Cost of Living Calculator

Understand your expenses and purchasing power in Grand Rapids.

Budget Calculator

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Rent vs Buy Calculator

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Market Research Analyst Salary in Grand Rapids, MI — Complete Guide

Median Salary Overview

The median salary for a market research analyst in Grand Rapids, MI is $63,510 per year, adjusted for the local cost of living index of 93. This figure reflects typical earnings for experienced professionals in this role, considering Grand Rapids's unique economic conditions.

Salary Range and Experience Levels

Entry-level market research analyst professionals in Grand Rapids can expect to earn around $37,230 annually. As professionals gain experience, salaries typically increase, with senior-level market research analysts earning approximately $86,140 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Grand Rapids's cost of living index of 93 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Grand Rapids are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $63,840, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a market research analyst's salary in Grand Rapids typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 20.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Market Research Analysts are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Grand Rapids, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.