Average Real Estate Analyst Salary in Bahamas for 2024

In this article, we will look at the average Real Estate Analyst salary for 2024 in Bahamas and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bahamian dollar. To keep things simple, we are using the BSD currency code instead of the currency symbol $.

How Much Does a Real Estate Analyst Make in Bahamas?

A Real Estate Analyst working in Bahamas will typically earn around 54,100 BSD per year, and this can range from the lowest average salary of about 26,500 BSD to the highest average salary of 85,800 BSD.

Average Annual Salary
54,100 BSD
Average Monthly Salary
4,508 BSD

Lowest Annual Salary
26,500 BSD
Lowest Monthly Salary
2,208 BSD

Highest Annual Salary
85,800 BSD
Highest Monthly Salary
7,150 BSD

These are average salaries for a Real Estate Analyst in Bahamas and include benefits such as housing and transport. It's also possible for a Real Estate Analyst to earn more or less than the average salaries shown above.

Real Estate Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Analyst Salaries in Bahamas

So we've looked at the average salaries a Real Estate Analyst will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Analyst can earn between 26,500 BSD and 85,800 BSD on average in Bahamas. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Analyst in Bahamas is 58,000 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 58,000 BSD, and 50% of the population earn more than 58,000 BSD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Analyst salary in Bahamas, 25% of the population are earning less than 39,400 BSD while 75% of the population earn more than 39,400 BSD.

75% of the population earn less than 81,200 BSD, and 25% of the population earn more than 81,200 BSD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Analyst Salary by Experience Level in Bahamas

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Analyst in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 29,300 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Analyst salary would increase to 37,800 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Analyst, the average salary would be 58,600 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 68,500 BSD.
  • 15 - 20 Years Experience. A Real Estate Analyst with 15 to 20 years of experience can earn an average of 77,000 BSD.
  • 20+ Years Experience. For a Real Estate Analyst with more than 20 years, the expected average salary increases to 82,200 BSD.

Average Salary by Experience Chart

0-2 Years
29,300 BSD
2-5 Years +34%
37,800 BSD
5-10 Years +48%
58,600 BSD
10-15 Years +22%
68,500 BSD
15-20 Years +9%
77,000 BSD
20+ Years +8%
82,200 BSD

Real Estate Analyst Salary by Education Level in Bahamas

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Analyst in Bahamas based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Analyst in Bahamas with a high school education can earn an average salary of 33,300 BSD.

  • Certificate or Diploma. A Real Estate Analyst in Bahamas with a certificate or diploma education can earn an average salary of 41,000 BSD.

  • Bachelor's Degree. A Real Estate Analyst in Bahamas with a bachelor's degree education can earn an average salary of 60,200 BSD.

  • Master's Degree. A Real Estate Analyst in Bahamas with a master's degree education can earn an average salary of 80,200 BSD.

Average Salary by Education Chart

High School
33,300 BSD
Certificate or Diploma +18%
41,000 BSD
Bachelor's Degree +45%
60,200 BSD
Master's Degree +31%
80,200 BSD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bahamas is around 19,500 to 58,400 BSD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bahamas, a male real estate analyst will earn an average of 61,400 BSD, while a female real estate analyst will earn around 50,700 BSD.

This means that a male real estate analyst earns approximately 21% more than a female real estate analyst for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
61,400 BSD
Female -21%
50,700 BSD

Real Estate Analyst Average Pay Raise in Bahamas

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Analyst in Bahamas is around 8% every 29 months.

The national average pay raise across all professions and industries in Bahamas is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Real Estate Analyst in Bahamas can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bahamas for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bahamas.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Real Estate Analyst Bonus and Incentive Rates in Bahamas

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Analyst is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
67%
No Bonus
33%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bahamas earn approximately 11% more than private sector employees in the same role.

Public Sector
51,500 BSD
Private Sector -11%
46,300 BSD

Salaries for Jobs Similar to a Real Estate Analyst

In the table below, we have salary information for jobs that are similar to a Real Estate Analyst in Bahamas.

Job Title Category Salary
Acquisition Associate Real Estate 40,000 BSD
Assistant Leasing Manager Real Estate 52,300 BSD
Assistant Property Manager Real Estate 52,000 BSD
Brokerage Real Estate 40,200 BSD
Brokerage Clerk Real Estate 21,200 BSD
Commercial Leasing Manager Real Estate 79,600 BSD
Commercial Real Estate Manager Real Estate 81,900 BSD
Community Development Manager Real Estate 74,100 BSD
Compliance Specialist Real Estate 39,800 BSD
Development Coordinator Real Estate 40,300 BSD
Director of Real Estate Real Estate 89,200 BSD
Lease Administrator Real Estate 53,300 BSD
Leasing Agent Real Estate 40,300 BSD
Leasing Consultant Real Estate 49,100 BSD
Leasing Manager Real Estate 54,100 BSD
Lettings Assistant Real Estate 21,400 BSD
Portfolio Analyst Real Estate 71,700 BSD
Portfolio Manager Real Estate 99,400 BSD
Property Acquisition Agent Real Estate 35,600 BSD
Property and Claims Specialist Real Estate 49,100 BSD
Property Manager Real Estate 63,200 BSD
Property Operations Manager Real Estate 83,000 BSD
Property Tax Assistant Real Estate 42,500 BSD
Real Estate Administrator Real Estate 45,600 BSD
Real Estate Agent Real Estate 42,000 BSD
Real Estate Appraiser Real Estate 43,500 BSD
Real Estate Appraiser Real Estate 43,800 BSD
Real Estate Appraiser Real Estate 44,900 BSD
Real Estate Assistant Real Estate 41,900 BSD
Real Estate Association Manager Real Estate 57,100 BSD
Real Estate Broker Real Estate 40,500 BSD
Real Estate General Manager Real Estate 79,500 BSD
Real Estate Project Director Real Estate 79,000 BSD
Real Estate Project Manager Real Estate 67,800 BSD
Real Estate Sales Agent Real Estate 41,100 BSD
Real Estate Valuer Real Estate 40,300 BSD
Research Analyst Real Estate 39,400 BSD
Residential Advisor Real Estate 46,700 BSD
Residential Property Manager Real Estate 59,700 BSD
Shopping Center Manager Real Estate 86,100 BSD
Town Planner Real Estate 84,600 BSD

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