2024 Data Science Salary Expectations In US: A Complete Guide
Tags: learning, career, datascience, ai
Published: 2023-12-28 04:53:31

One of the most essential things that everyone looks for in a job is the salary. According to this list, American businesses are among the best in paying deserving applicants. Data science is one field that is quickly becoming the most lucrative and challenging to work in. The United States of America, with its robust economy, offers a promising job market and the highest compensation for data scientists in the country. Furthermore, it is among the greatest places to seek advanced degrees, enabling aspirants in data science to develop and clear the path to a successful profession. Based on several aspects in this blog, we will discover more about [data scientist salaries](https://www.usdsi.org/certifications) in the United States. 

**What Exactly is a Data Scientist?**

Businesses generate massive amounts of data every day. This data includes everything from client details to inventory tracking. Data scientists organize this data and transform it into insights that might help companies make vital decisions. As employees, their primary responsibilities are:

● They are in charge of finding problems with data processing and opportunities for the company to use that data in useful ways.

● Looking through large amounts of data for patterns and trends.

● Getting data, cleaning it up, and checking it to ensure it is complete.

● Putting together models and algorithms and then using them to mine data.

● Looking at the raw data to find the answers and then telling the stakeholders what those answers are

**Factors for Data Scientists' Salaries**

Several factors influence the average data scientist salary in the United States, including:

● Experience
● Job Title
● Location
● Skills

Data Scientist Salary in the US by Years of Experience
Experience has a significant role in deciding a profession's salary. Your technical expertise is essential, but experience is what really determines the compensation components. Let's examine salaries for data scientists in the USA for 2024,  according to experience level. 

**1. Fresher/Entry-Level**

This group includes candidates with no experience or less than one year of experience. Here is the yearly pay of 2024 for a fresher data scientist in the US, based on what different portals say. 

Payscale.com	$86,296 
Indeed.com	$1,23,358 
Glassdoor.com	$84,289 

**2. Experienced/Senior Level**

These data scientists have between 5 and 20 years of experience.

**Payscale.com** $1,25,000 (10 to 19 years) $1,37,000 (over 20 years) 
**Indeed.com**	$1,68,084 (for 3 to5 years of experience) 
**Glassdoor.com* $1,48,177 (for a 2–7 year experience level) 	$97k (for 1 to 4 years) 

**Salary Ranges for Data Scientists by Job Title**

The term "data professionals" refers to a broad range of positions, including machine learning engineers, data scientists, data engineers, and data analysts. These specialists differ significantly in terms of duties, requirements, and, in the end, pay. In general, a data science professional's pay increases with the amount of managerial duties they handle, such as overseeing team projects and interacting with clients directly.

The following is an ordered list of data science professional salary ranges and averages in the year 2024, as per Glassdoor's methodology:

**● Data Science Manager**

This is a managerial position that requires decision-making. Data science managers oversee project operations, functioning as an interface between the team of analysts, scientists, data architects, and the client. Even though they do not control the technology's creation, they must comprehend it. The average salary is $167,012, with a salary range of $130,000 to $273,000.

**Source:** Glassdoor

**● Machine Learning Engineer**

Machine learning engineers are highly competent programmers who create models based on big data sets to analyze, develop, and design algorithms that can learn and predict. This is one of the most challenging and rewarding occupations in data research. We strongly advise you to begin by enrolling in our Machine Learning Scientist with Python career track. The average salary is $133K. The salary range is $85K to $213K.

**Source:** Glassdoor

**● Data Scientist**

A data scientist conducts research, derives valuable insights from data, and reports on them. Data scientists process all of the information, perform complex calculations, develop usable data visualizations, and acquire findings using computers and programming languages. The average salary is $127,500. Salary range: $79,500 - $207,500.
  
**Source:** Glassdoor

Thus, if you want to earn a decent salary and want to pursue a career in data science. Then data science certification is the best way to gain all necessary skills of a data scientist. There are many brands that provide [data science certification](https://www.usdsi.org/data-science-certifications). However, the USDSI®̥ is one of the greatest data science programs, created to tackle future data-driven decision-making challenges and distinguish between data science and other fields. You can progress in your profession by gaining knowledge and practical skills in data science analysis from any of the programs. Whether you are a professional with experience in data analysis and numbers, a student interested in data science, or someone wishing to change careers, the USDSI®̥ certification programs provide the greatest means of preparing for the future and achieving your career objectives. While a significant time commitment from your hectic schedule is not necessary, it takes at least 8 to 10 hours each week to acquire the most up-to-date and thorough understanding of data science.

**Pay for Data Science Jobs Based on Skills**

The area of data science is changing very quickly. There are always a lot of new technologies and apps coming out. This means that training is not only necessary to keep up with new technologies but also strongly linked to better salaries, job security, and the ability to get hired. 

Data scientists can ask for much higher salaries if they have unique and desired skills. One of the most sought-after skills is the ability to program computers and understand big data tools, as well as cloud computing and data visualization. In the same way, personal traits like being interested in science, good at business, good at communicating, and being a leader can significantly improve pay. Depending on PayScale, the following skills can affect a data scientist's salary:

**● Skills That Affect Data Scientist Salaries**

Different skills can have an impact on your salary. The following are the most popular skills and their effect on salary.

Cyber Security	+42%
Image Processing +28%
Forecasting	+26%
PyTorch Software Library +26%
Apache Kafka	+23%
Data Warehouse	+21%
ElasticSearch	+21%
C++ Programming Language +20%
Amazon Redshift	+19%
A/B Testing	+18%

**Source:** Payscale

Data Scientist Salaries in the United States by City
The city or location is also important in influencing a professional's income. The expense of living and the strong demand for professionals are two factors that contribute to pay differences depending on location. 

Let's take a look at some of the places with the highest pay for Data Scientists in 2024, according to Indeed.com. 

**City** Annual salary 

Los Angeles, CA $1,63,400 
San Francisco, CA $1,30,805 
Austin, TX 	$1,23,844 
Houston, TX	$1,62,244 
New York, NY 	$1,40,637 
Chicago, IL 	$1,57,999 
Atlanta, GA 	$1,30,002 
St. Louis, MO 	$1,34,481 
San Diego, CA 	$1,22,049 

**The Bottom Line**

Today, there is a great demand for data scientists. Thus, the number of data scientist jobs in the United States is increasing significantly. Businesses are prepared to give them higher incomes than the US average. Numerous elements, including education, skill sets, personality, attitude, job experience, city, company size, etc., are what influence salary determination. Data scientists must continuously improve their skill sets and obtain new certifications to increase pay. Numerous institutions provide in-demand courses that meet the present standards. One of the highest-paying careers in the US is data science.