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Average Data Scientists Salary in Raleigh-Cary, NC

In Raleigh-Cary, NC, Data Scientists earn an average annual salary of $112,710. This figure is slightly below the national average of $126,010, but local economic factors and industry demand play a significant role in shaping compensation within the region.

Executive Summary

  • Average Salary: $112,710 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,770.
  • Outlook: The Raleigh-Cary area demonstrates a robust job market for Data Scientists, evidenced by a local workforce of 1,940 professionals. With a Location Quotient of 1.77, indicating a concentration nearly double the national average, demand for these specialized skills is notably high, suggesting a healthy and active job market.
2024 Market Data

Salary Overview

$112,710

The average Data Scientists in Raleigh-Cary, NC earns-10.6%below the national average.

BreakdownBased on 40h/week
Hourly

$54.2

Weekly

$2,168

Monthly

$9,393

Data Scientists Salary Distribution in Raleigh-Cary, NC

Salary progression for Data Scientists in Raleigh-Cary typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior and lead Data Scientists can command salaries in the upper percentiles, reflecting accumulated expertise and responsibility. These percentile gaps are key indicators of career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$52,640$25.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$84,533$40.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$102,690$49.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$140,888$67.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$174,770$84

Detailed Data Scientists Market Analysis

Relocation Context

Nominal Salary

$112,710

Gross Pay

Real Wage (Purchasing Power)

$112,710

Adjusted for COL (100)

The average Data Scientist salary of $112,710 in Raleigh-Cary aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is below the national average, the purchasing power of that salary locally is equivalent to the national standard, offering stable financial footing.

Job Market Context

1,940

Total Jobs

2.677

Per 1K Jobs

1.77

Location Quotient

Major Hub

Raleigh-Cary, NC has 1.8x the national concentration of Data Scientists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.77 signifies that Data Scientists are significantly more concentrated in Raleigh-Cary than the national average. This suggests a strong and established presence of data science roles and professionals, indicating a competitive yet abundant market where specialized talent is highly valued.

Nearby Job Markets

Nearby Cities for Data Scientists

Comparing salaries near Raleigh-Cary, NC

Hiring Data Scientistss?

Frequently Asked Questions

How much does a Data Scientists make in Raleigh-Cary, NC?

The median annual salary for a Data Scientists in Raleigh-Cary, NC is $112,710. This typically ranges from $52,640 for entry-level positions to $174,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 10.6% lower than the national median of $126,010.

Is Raleigh-Cary, NC a lucrative place for Data Scientists?

Yes, with caveats.While the average salary is slightly below the national average, the strong concentration of Data Scientists and a cost of living that matches the national average make it a financially stable and opportunity-rich location for the profession.

Is Raleigh-Cary, NC a good place to live for Data Scientists?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($103,900) and Fayetteville, NC.

How does the Raleigh-Cary Data Scientist salary compare to the national average?

The average salary for Data Scientists in Raleigh-Cary, NC is $112,710, which is approximately 10.5% lower than the national average of $126,010.

What is the job concentration for Data Scientists in Raleigh-Cary, NC?

Raleigh-Cary, NC has a Location Quotient of 1.77 for Data Scientists, meaning the concentration of these jobs is 77% higher than the national average.

How does the cost of living in Raleigh-Cary, NC affect the Data Scientist salary?

With a Cost of Living Index of 100, Raleigh-Cary's cost of living is exactly at the national average. This means the $112,710 salary offers purchasing power equivalent to the national average.

What is the total number of Data Scientists in the Raleigh-Cary, NC workforce?

There are approximately 1,940 Data Scientists employed within the Raleigh-Cary, NC metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,940 employees in the Raleigh-Cary, NC area with a job density of 2.677 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.