Entry Data Scientist Salary
Entry level data scientists are in high demand due to the increasing importance of data analysis in various industries, including finance, healthcare, and technology. If you are considering a career as an entry level data scientist, you may be wondering about the salary you can expect to earn.
What is an Entry Data Scientist?
An entry level data scientist is a professional who has recently graduated from a program in data science, statistics, or a related field. They typically have little to no work experience in the field and are just starting their careers in data science.
Entry Data Scientist Job Description
An entry level data scientist is responsible for collecting, analyzing, and interpreting large amounts of complex data to identify patterns and trends. They may also be responsible for developing algorithms and models to predict future outcomes based on historical data.
Entry Data Scientist Salary
According to Glassdoor, the average base salary for an entry level data scientist in the United States is $95,000 per year. However, this can vary depending on a number of factors, including location, industry, and level of education and experience.
Factors that Affect Entry Data Scientist Salary
There are several factors that can affect the salary of an entry level data scientist:
- Location: Salaries can vary greatly depending on the cost of living in a particular area. For example, data scientists working in San Francisco or New York City can expect to earn a higher salary than those working in smaller cities or rural areas.
- Industry: Salaries may differ depending on the industry in which a data scientist works. For example, data scientists working in finance or healthcare may earn more than those working in retail or hospitality.
- Education: Data scientists with advanced degrees, such as a master's or PhD, may earn more than those with only a bachelor's degree.
- Experience: Data scientists with more experience may earn higher salaries than those who are just starting out in the field.
Entry Data Scientist Salary by Industry
Here are some average entry level data scientist salaries by industry, according to Glassdoor:
- Technology: $91,000 per year
- Finance: $85,000 per year
- Healthcare: $80,000 per year
- Retail: $70,000 per year
Entry Data Scientist Salary by Location
Here are some average entry level data scientist salaries by location, according to Glassdoor:
- San Francisco: $112,000 per year
- New York City: $103,000 per year
- Seattle: $95,000 per year
- Chicago: $80,000 per year
- Austin: $75,000 per year
Conclusion
If you are considering a career as an entry level data scientist, you can expect to earn a competitive salary. However, this can vary depending on a number of factors, including location, industry, and level of education and experience. By doing your research and staying up-to-date with industry trends, you can position yourself for a successful and lucrative career in data science.
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