An inventory analyst is responsible for monitoring inventory levels, forecasting demand, and ensuring that stock is appropriately managed to meet business needs. They optimize supply chains by analyzing inventory data and helping businesses avoid overstocking or stockouts, promoting a strong connection between supply and demand.
According to the U.S. Bureau of Labor Statistics (BLS), inventory-related roles, including inventory analysts, are expected to grow 19% from 2023 to 2033, with about 26,100 job openings annually, making it an in-demand profession for human workers. As businesses continue proceeding with more sophisticated inventory systems, demand for these roles will likely increase.
Salary.com reports that the average salary for inventory analysts in 2025 is $60,100 per year, with variations based on industry, location, and experience. This guide provides salary data by state and city, as well as factors influencing earnings and tips to increase salary potential in this field.
The average salary for an inventory analyst in the United States in 2025 is $60,100 per year.
As of January 2025, the average hourly salary for inventory analysts is $29 per hour, with hourly rates ranging from $23 to $35. The average weekly salary is $1,156, while the average monthly salary is $5,008.
According to Salary.com, the salary range for an inventory analyst job starts at $47,434 and can reach a high of $73,550, with most earnings falling between $53,470 and $67,140. Employers will respond to candidates who possess relevant skills and experience that meet the needs of their organization.
Factors such as experience, education, and location can significantly impact an inventory analyst's earnings. These variables play an important role in determining where an individual's salary falls within this range.
Percentile | By Hour | By Week | By Month | By Year |
---|---|---|---|---|
10th Percentile | $23 | $920 | $3,953 | $47,434 |
25th Percentile | $26 | $1,028 | $4,456 | $53,470 |
50th Percentile (Median) | $29 | $1,156 | $5,008 | $60,100 |
75th Percentile | $32 | $1,291 | $5,595 | $67,140 |
90th Percentile | $35 | $1,400 | $6,129 | $73,550 |
Several factors influence how much an inventory analyst can earn, including years of experience, location, industry, and company size. Let's explore each of these factors in detail to help you verify your potential earnings and understand how to improve them.
Inventory analysts earn an average of $59,139 per year at entry-level, with salaries climbing to $61,925 for those with more than eight years of experience. The table below shows that completing additional training or gaining experience can make a significant difference in career advancement and salary.
Level | Years of Experience | Average Salary per Year |
---|---|---|
Entry-Level Inventory Analyst | Less than 1 year | $59,139 |
Intermediate Level Inventory Analyst | 1-2 years | $59,839 |
Senior Level Inventory Analyst | 2-4 years | $61,404 |
Specialist Level Inventory Analyst | 5-8 years | $61,717 |
Expert Level Inventory Analyst | 8+ years | $61,925 |
According to the Bureau of Labor Statistics (BLS), the workplace can significantly impact the salary of inventory-related roles, including inventory analysts. For instance, those working in the federal government earn more than those in wholesale trade.
Here's a breakdown review of median annual wages, as of 2023:
Place of Work | Median Annual Salary |
---|---|
Federal government | $95,890 |
Manufacturing | $82,410 |
Management of companies and enterprises | $81,890 |
Professional, scientific, and technical services | $80,160 |
Wholesale trade | $72,200 |
Inventory analysts with specific skills can significantly increase their salaries. According to the Real-time Job Posting Salary Data Report, an Inventory analyst with expertise in Inventory control can earn up to 7.24% more than those without. This highlights the importance of continuously expanding your skill set to improve your security in the job market.
For example, if Employee A earns $50,000 per year and possesses Inventory control skills, they could earn 7.24% more, which equates to an additional $3,620, bringing the total salary to $53,620.
Skill | Demand Increase | Salary Increase |
---|---|---|
Inventory Control | +39.46% | +7.24% |
Spreadsheet Software | +38.07% | +8.89% |
Inventory Management | +32.92% | +2.65% |
Procurement | +12.87% | +4.27% |
Systems Applications and Products (SAP) | +11.16% | +8.11% |
Supply Chain Management | +8.95% | +5.73% |
Enterprise Resource Planning (ERP) | +8.68% | +10.20% |
Forecasting | +7.36% | +10.91% |
The location you choose to live and work in can greatly influence your salary as an inventory analyst. Understanding how pay varies by city and state can help professionals in this field strategically select areas that maximize their earning potential and career opportunities, enabling them to take action to secure the best compensation.
Based on the salary data, the District of Columbia offers the highest average annual salary for inventory analysts in the United States, at $66,890.
State | Average Salary ($) |
---|---|
Alabama | 55,230 |
Alaska | 65,450 |
Arizona | 58,540 |
Arkansas | 54,750 |
California | 66,290 |
Colorado | 61,300 |
Connecticut | 64,550 |
District of Columbia | 66,890 |
Delaware | 61,000 |
Florida | 57,090 |
Georgia | 58,120 |
Hawaii | 62,800 |
Iowa | 57,510 |
Idaho | 56,070 |
Illinois | 61,480 |
Indiana | 58,300 |
Kansas | 57,210 |
Kentucky | 56,550 |
Louisiana | 57,150 |
Massachusetts | 65,390 |
Maryland | 61,960 |
Maine | 58,480 |
Michigan | 59,320 |
Minnesota | 61,480 |
Missouri | 57,270 |
Mississippi | 53,610 |
Montana | 56,130 |
North Carolina | 57,690 |
North Dakota | 59,500 |
Nebraska | 56,610 |
New Hampshire | 61,120 |
New Jersey | 65,870 |
New Mexico | 55,410 |
Nevada | 60,340 |
New York | 64,060 |
Ohio | 58,780 |
Oklahoma | 55,590 |
Oregon | 61,060 |
Pennsylvania | 59,980 |
Rhode Island | 62,740 |
South Carolina | 56,730 |
South Dakota | 54,030 |
Tennessee | 55,650 |
Texas | 58,840 |
Utah | 57,150 |
Virginia | 60,280 |
Vermont | 58,960 |
Washington | 64,790 |
Wisconsin | 59,380 |
West Virginia | 54,090 |
Here are the top 5 highest paying cities for inventory analyst, according to Salary.com data, with San Jose, CA, leading at $75,420 per year.
Here are the top ways to increase your salary as an inventory analyst:
The following are the salaries for inventory analysts from five top salary-reporting sites, averaging $61,033 (unweighted) across these sites.
$60,100/year
$55,669/year
$66,695/year
$62,948/year
$59,753/year