The annual salary statistics of market research analysts and marketing specialists in Lexington-Fayette, Kentucky is shown in Table 1. The wage statistics of market research analysts and marketing specialists in Lexington-Fayette is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $37,030 |
| 25th Percentile Wage | $46,810 |
| 50th Percentile Wage | $59,960 |
| 75th Percentile Wage | $74,980 |
| 90th Percentile Wage | $100,480 |
Table 1 shows the average annual salary for market research analysts and marketing specialists in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $100,480. The median (50th percentile) annual salary is $59,960. The average annual salary for the bottom 10 percent earners is $37,030.
The table and chart below show the trend of the median salary of market research analysts and marketing specialists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $59,960 | 8.24% | 21.73% |
| 2021 | $55,020 | 11.80% | - |
| 2020 | $48,530 | -3.46% | - |
| 2019 | $50,210 | -13.38% | - |
| 2018 | $56,930 | -4.39% | - |
| 2017 | $59,430 | -2.15% | - |
| 2016 | $60,710 | 13.95% | - |
| 2015 | $52,240 | 3.45% | - |
| 2014 | $50,440 | -1.45% | - |
| 2013 | $51,170 | 8.29% | - |
| 2012 | $46,930 | - | - |
From Table 3 we note that with a median annual salary of $59,960, Lexington-Fayette is the highest paying city for market research analysts and marketing specialists in state of Kentucky, followed by Louisville-Jefferson County (median annual salary $58,420). In comparison, the median annual salary of market research analysts and marketing specialists in Lexington-Fayette is 2.6 percent (2.6%) higher than that in Louisville-Jefferson County.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lexington-Fayette | |
| Louisville-Jefferson County | |
| West Central Kentucky nonmetropolitan area | |
| Owensboro | |
| Evansville | |
| Elizabethtown | |
| Bowling Green | |
| East Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area |