The Average Salaries of Newscasters
Newscasters, also known as broadcast news analysts, broadcast news from credible sources. Newscasters present stories and introduce previously videotaped news, often on live television. News correspondents are a type of newscaster who reports on the news where they are stationed, sometimes even from foreign locations. Learn about the average salaries of newscasters.
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National Salary
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The mean hourly wage for broadcast news analysts was $32.69, and the mean annual wage, or average salary, was $67,990, according to the Bureau of Labor Statistics in May 2009. Median annual wages for broadcast news analysts ranged from approximately $24,790 to $138,690. The lowest 10 percent of employees earned less than $24,790, and the top 10 percent of employees earned more than $138,690.
Top-Paying Industries
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The cable and other subscription programming industry paid the highest average salary above all other industries to broadcast news analysts, with $73,740, according to the Bureau of Labor Statistics in May 2009. Other industries that offered high pay were: radio and television broadcasting, $68,480; newspaper, periodical, book and directory publishers, $59,320; advertising, public relations and related services, $54,610; and colleges, universities and professional schools, $52,580.
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Top-Paying States
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Florida paid the highest average salary above all other states to broadcast news analysts, with $108,500, according to the Bureau of Labor Statistics in May 2009. Other states that offered high pay were: Colorado, $98,420; Tennessee, $84,860; Illinois, $81,030; and Texas, $80,060.
Top-Paying Metropolitan Areas
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The Denver-Aurorora, Colorado metropolitan area paid the highest average salary above all other metropolitan areas to broadcast news analysts with $118,960. Other metropolitan areas that offered high pay included: the Dallas-Plano-Irving, Texas Metropolitan Division, $111,990; Houston-Sugar Land-Bayton, Texas, $107,450; Sacramento--Arden-Arcade--Roseville, California, $104,820; and the Chicago, Naperville-Joliet, Illinois Metropolitan Division, $99,810.
Job Outlook
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According to the Bureau of Labor Statistics, national employment for broadcast news analysts is expected to decline at a rate of 6 percent from 2008 through 2018. Competition will be fierce for jobs in metropolitan areas and broadcast stations and networks. Consolidation and the convergence of companies will continue in the broadcasting industries.
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