Median Salary
$86,260
Above National Avg
Hourly Wage
$41.47
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+36%
10-Year Outlook
The Salary Picture: Where Cambridge Stands
If you're a data analyst looking at Cambridge, you're entering one of the most competitive and lucrative markets in the country. The city's unique position as a hub for biotech, tech, and academia creates intense demand for analytical talent, but it also comes with a high cost of living. Let's break down the numbers.
The median salary for a Data Analyst in Cambridge is $86,260/year, which translates to an hourly rate of $41.47/hour. This sits comfortably above the national average for the role, which is $83,360/year. While the difference might seem modest at first glance, the context matters. Cambridge's job market is heavily skewed toward high-growth industries that pay a premium for specialized skills.
Here's how salaries typically break down by experience level:
| Experience Level | Estimated Salary Range (Cambridge) | Key Responsibilities |
|---|---|---|
| Entry-Level (0-2 years) | $65,000 - $78,000 | Basic SQL, Excel, dashboarding, supporting senior analysts. |
| Mid-Level (2-5 years) | $80,000 - $105,000 | Independent project work, advanced SQL/Python, stakeholder management. |
| Senior-Level (5-8 years) | $105,000 - $130,000+ | Leading projects, mentoring, complex modeling, cross-functional strategy. |
| Expert/Lead (8+ years) | $130,000 - $160,000+ | Architecting data systems, setting analytical strategy, people management. |
Note: These ranges are estimates based on local job postings and industry reports. Bonuses and equity, particularly in tech and biotech, can significantly increase total compensation.
How Cambridge Compares to Other MA Cities:
- Boston: Salaries are nearly identical, but Boston has a larger volume of entry-level roles. Commute from Cambridge to Boston is trivial (often just a Red Line T ride), so the job markets are deeply intertwined.
- Waltham/Lexington (Route 128 Corridor): Salaries are competitive, often 5-10% lower than Cambridge, but the cost of living is also slightly lower. This is a common trade-off for analysts working in the "tech suburb" corridor.
- Lowell/Lawrence: Salaries here trend lower, closer to the $75,000 - $82,000 median range for the region. The cost of living is significantly more affordable, but the specialized biotech/tech ecosystem is less dense.
Insider Tip: Don't just look at the base salary. In Cambridge, total compensation is king. A $86,260 base at a biotech firm in Kendall Square might come with a 10-15% annual bonus and stock options, pushing your total take-home significantly higher. Always ask about the full compensation package.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
๐ฐ Monthly Budget
๐ Snapshot
The Real Take-Home: After Taxes and Rent
That $86,260 median salary sounds great, but it shrinks fast in Cambridge. Let's create a realistic monthly budget for a single person earning the median wage.
Monthly Budget Breakdown (Pre-Tax $7,188)
- Federal & State Taxes (Est. ~28%): -$2,013
- FICA (7.65%): -$550
- Take-Home Pay (Net): ~$4,625
Living Expenses (Post-Tax)
- Rent (1BR Average): -$2,377
- Utilities (Electric, Gas, Internet): -$180
- Groceries: -$400
- Transportation (MBTA CharlieCard + Occasional Rideshare): -$120
- Health Insurance (Employer-Sponsored): -$200 (varies widely)
- Miscellaneous (Dining, Entertainment, Savings): -$1,348
Can You Afford to Buy a Home?
In short, not easily on a single median income. The median home price in Cambridge is over $1.2 million. A 20% down payment would be $240,000. With a mortgage, property taxes, and insurance, the monthly payment would likely exceed $6,000โwell above your entire net take-home. Home ownership in Cambridge proper is typically a two-income household endeavor or requires a significant existing financial portfolio. Many analysts start in Cambridge and later buy in more affordable neighboring cities like Somerville, Medford, or Arlington.
Where the Jobs Are: Cambridge's Major Employers
Cambridge's job market is a concentrated ecosystem. You won't find sprawling corporate campuses; instead, you'll find clusters of innovation. Here are the key players:
- Biotech & Pharma (Kendall Square): This is the epicenter. Companies like Moderna, Biogen, and Takeda have massive headquarters here. They hire analysts for clinical trial data, genomic research, and commercial analytics. Hiring is strong but highly specialized; a background in life sciences is a huge plus.
- Tech Giants (Kendall Square & East Cambridge): Google has a major engineering hub in Kendall. Microsoft has a significant presence. They hire data analysts for product analytics, cloud services (Azure), and user behavior studies.
- Academic & Research Institutions: MIT and Harvard University are massive employers. They hire analysts for institutional research, grants management, and scientific computing. The pay can be slightly lower than industry, but benefits are stellar, and the intellectual environment is unparalleled.
- Venture Capital & Startups: Firms like Flagship Pioneering (which founded Moderna) and a dense network of early-stage biotech/tech startups in Central Square and Harvard Square. These are high-risk, high-reward environments where analysts often wear many hats.
- Healthcare Systems: Mass General Brigham and Cambridge Health Alliance employ analysts for hospital operations, patient outcomes, and financial modeling. These roles are stable and offer a direct path to improving public health.
- Consulting & Finance: Firms like Forrester Research (headquartered in Cambridge) and local offices of major consulting firms hire analysts for client projects. The pace is fast, and travel can be involved.
Hiring Trend: Demand is consistently high for analysts who can bridge technical skills (Python, R, SQL) with domain knowledge in biotech, healthcare, or SaaS. The trend is moving away from pure reporting toward predictive modeling and machine learning applications.
Getting Licensed in MA
For a Data Analyst, "licensing" is a misnomer. There is no state-mandated license to practice data analysis, unlike fields like nursing or law. However, there are important certifications and background checks that are standard in the industry.
- State-Specific Requirements: None for the core role. However, if you work in regulated industries like healthcare (handling PHI) or finance (handling sensitive data), you may need to complete specific training on data privacy laws like HIPAA or FINRA regulations. These are typically provided by the employer.
- Key Certifications (Highly Recommended):
- Google Data Analytics Professional Certificate: A solid, affordable entry point.
- Microsoft Certified: Power BI Data Analyst Associate: Very relevant given Microsoft's local presence.
- AWS Certified Data Analytics - Specialty: For roles focused on cloud data architecture.
- Domain-Specific Certs: In biotech, a certification in clinical data management can be valuable.
- Costs: Certification exams range from $100 - $300 each. Many employers will reimburse these costs.
- Timeline to Get Started: You can apply for jobs immediately with a strong portfolio. A typical timeline for earning a first certification is 2-4 months of part-time study.
Insider Tip: The most important "license" in Cambridge is your GitHub portfolio and LinkedIn profile. Showcasing projects that solve real-world problems will get you further than any certificate.
Best Neighborhoods for Data Analysts
Where you live in Cambridge impacts your lifestyle and commute more than almost any other factor. The city is small, but neighborhoods have distinct vibes.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Best For |
|---|---|---|---|
| Kendall Square | Ultra-urban, tech/biotech hub. Walk to work. Expensive, quiet at night. | $3,200+ | Analysts working at Google, Moderna, or MIT. Minimal commute. |
| Central Square | Diverse, vibrant, great food scene. Red Line access. More affordable than Kendall. | $2,600 | Those who want city energy with slightly lower rent. |
| Harvard Square | Historic, academic, tourist-heavy. Walkable to Harvard. Expensive, can be noisy. | $2,900 | Analysts at Harvard, MIT, or who love a collegiate atmosphere. |
| North Cambridge (Port) | Residential, community-oriented. More families, quieter. Red Line access. | $2,200 | Those seeking more space and a neighborly feel. |
| East Cambridge | Industrial-chic, near Lechmere. Up-and-coming, more affordable. Green Line access. | $2,400 | Budget-conscious analysts willing to trade some polish for value. |
Insider Tip: Many analysts choose to live in Somerville's Davis or Teele Square (just one stop from Harvard on the Red Line). Rents are 15-20% lower than Cambridge, the food scene is fantastic, and the commute is under 15 minutes.
The Long Game: Career Growth
Cambridge is a launchpad, not a destination. The career trajectory here is steep.
- Specialty Premiums: Analysts who develop niche skills command the highest salaries.
- Biostatistics/Genomics: +15-25% premium over generalist roles.
- Machine Learning Engineering: +20-30% premium (requires strong coding).
- Product Analytics (Tech): +10-15% premium, often with equity.
- Advancement Paths:
- Technical Track: Data Analyst โ Senior Analyst โ Data Scientist โ ML Engineer.
- Management Track: Data Analyst โ Analytics Manager โ Director of Analytics.
- Domain Expert Track: Data Analyst โ Biostatistician โ Principal Scientist (in biotech).
- 10-Year Outlook (36% Job Growth): The 36% growth projection for the Boston metro area is robust, driven by the expansion of AI and data-driven decision-making in biotech and tech. The key risk is saturation at the entry-level. To thrive, you must specialize. The analysts who will command top salaries in 10 years are those who can not only analyze data but also communicate insights to non-technical stakeholders and build scalable data systems.
The Verdict: Is Cambridge Right for You?
Cambridge offers an unparalleled career launchpad for data analysts, but it demands a high cost of living and a competitive mindset.
| Pros | Cons |
|---|---|
| Industry Density: Unmatched access to biotech, tech, and academia. | High Cost of Living: Rent is 50%+ above national average. |
| Top-Tier Compensation: Salaries are high, especially with bonuses/equity. | Competitive Market: You're competing with MIT/Harvard grads. |
| Career Acceleration: Rapid advancement opportunities and skill growth. | Buying a Home is Difficult: Requires dual income or significant wealth. |
| Vibrant Culture: Walkable, diverse, intellectually stimulating. | Traffic & Congestion: Driving is often frustrating; public transit is crowded. |
| Public Transit (MBTA): Red Line connects you to Boston and key employers. | "Brain Drain": Some locals feel pushed out by high costs. |
Final Recommendation:
Cambridge is ideal for ambitious, early-to-mid-career data analysts who are passionate about biotech or tech and are willing to invest in their career growth. It's a place to build a formidable resume and network over 3-5 years. If you're seeking long-term home ownership on a single income or a slower pace of life, you may find better balance in a nearby suburb or a different city entirely. For those ready to hustle, the opportunities are real, the learning is constant, and the salary potential is excellent.
FAQs
1. Do I need a master's degree to get a data analyst job in Cambridge?
No. A bachelor's degree in a quantitative field (CS, Stats, Economics) is standard. Many successful analysts come from coding bootcamps or have built strong portfolios without advanced degrees. However, for senior roles at top biotech or research institutions, a Master's can be a differentiator.
2. What's the commute like if I live outside Cambridge?
Excellent if you're on the Red Line (from Somerville, Medford, or Boston). It's a direct, quick commute to Kendall, Central, and Harvard Squares. If you drive, budget 30-60 minutes for a 5-mile trip due to traffic. Parking in Cambridge is expensive and scarce.
3. Is the job market saturated?
At the entry-level, yes, it's competitive. There are many applicants for each posting. However, the market for analysts with 3+ years of experience or specialized skills (biostatistics, ML) is far less saturated and has a true talent shortage.
4. How important is knowing Python vs. R?
Python is dominant in the Cambridge tech and biotech ecosystem. R is still used heavily in academic and some biostatistics roles. Learning Python (with libraries like Pandas, Scikit-learn) will open more doors. Knowing both is a major asset.
5. What's a typical interview process like?
Expect 3-5 rounds: 1) Recruiter screen, 2) Technical screen (SQL/Python coding), 3) Take-home case study or live data exercise, 4) Team interview (culture fit), 5) Final interview with leadership. Be prepared to talk through your portfolio projects in detail.
Sources: Salary data aggregated from BLS Occupational Outlook Handbook, Glassdoor, and local job postings (Q2 2024). Cost of living data from MIT Living Wage Calculator and Zillow. Job growth projection from MassEcon.
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