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Careers›Roles›Forecast Analyst
Mid-Level

Forecast Analyst

What's likely to happen next — in demand, weather, markets, or supply — is what you model, turning history and data into a defensible prediction. Putting numbers on the future.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
C
E
S
A
R
Investigativeanalytical, curious
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Forecast Analysts
Technology & InformationEnergy & UtilitiesWholesale & DistributionTransportation & LogisticsManufacturingFinancial Services · 74%
Job markets for Forecast Analysts
Where Forecast Analyst jobs concentrate · ~130 metro areas
Based on employment in related occupations
Mapped SOC categories:
ScienceTechnology
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Forecast Analyst

History and data turned into a defensible prediction — you analyze, build and tune forecast models, and explain the results to people who'll plan around them, mostly at a desk. Communicating uncertainty honestly is the craft, since a forecast is a range, not a promise, and people want more certainty than the data allows.

The harder part is being judged on an unknowable future — when reality diverges, the forecast gets blamed. Data is messy, the world refuses to behave like the model, and stakeholders want false precision. Tools and domains vary widely, from demand planning to weather to finance.

It tends to fit someone analytical, honest about uncertainty, and a clear communicator. If you need to be right every time, this work will frustrate you. But if there's satisfaction in making better decisions possible despite the fog, the work tends to stay genuinely engaging.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementModerate
RecognitionModerate
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

Where this role sits in the broader career landscape — and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Professional Services$92K+15%
Technology & Information$91K+13%
Energy & Utilities$82K+2%
Financial Services$81K+2%
Wholesale & Distribution$79K-1%
Compared to Science average across all industries
1 BLS OEWS May 2024 covers all Forecast Analysts (SOC 15-2011.00, 19-3011.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Science →
Forecast AnalystRisk Management ConsultantInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperActuarial AnalystResearch EconomistAgricultural EconomistEnvironmental EconomistActuaryAnnuity AnalystActuarial InternCorporate ActuaryReserving ActuaryConsulting ActuaryActuarial AssociateActuarial ConsultantActuarial SpecialistActuarial MathematicianProduct Development ActuaryEconomistEconometricianEconomic Advisor+1 more
Also appears in: Technology

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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$213K
Salary Range
10th – 90th percentile
44K
U.S. Employment
+11.5%
10yr Growth
3K
Annual Openings

How Forecast Analyst pay & employment are changing

$77K$74K$71K$68K$65K201920202021202220232024$65K$77K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingReading ComprehensionJudgment and Decision MakingMathematicsCritical ThinkingReading ComprehensionMathematicsSpeakingActive ListeningActive Listening
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
15-2011.0019-3011.00

Explore related roles

Roles with similar work and overlapping career paths

midRisk Management Consultant$106KmidInternational Trade Specialist$90KmidResearch Analyst$100KseniorSenior Research Analyst$100KmidPolicy Advisor$112KmidPolicy Officer$112K
View all Science roles →

Common questions about what it's like to be a Forecast Analyst

What does a Forecast Analyst do?

What's likely to happen next — in demand, weather, markets, or supply — is what you model, turning history and data into a defensible prediction. Putting numbers on the future.

How much does a Forecast Analyst make?

Median pay for a Forecast Analyst is about $121K nationally, with the field ranging roughly from $62K to $213K depending on experience, employer, and metro (BLS).

What skills does a Forecast Analyst need?

Core skills for this role include Critical Thinking, Reading Comprehension, Judgment and Decision Making, Mathematics, and Critical Thinking.

What education do you need to be a Forecast Analyst?

Most people in this role hold a bachelor's degree.

Is a Forecast Analyst in demand?

Employment in this field is projected to grow about 11.5% through 2034, with roughly 44,220 people working in it today (BLS).

What jobs are similar to a Forecast Analyst?

Closely related roles include Risk Management Consultant, International Trade Specialist, and Research Analyst.

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Take the wheel.

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For people who want to build a meaningful career.truest.me
Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.

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