News anchors play a vital role in providing the public with essential news and information. But how much does a local news anchor make? Here’s a look at the average salary for this important position.
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Salaries of Local News Anchors
Local news anchors play a vital role in providing accurate and timely information to their communities. Although their salaries can vary depending on the size of the market and the station, the average salary of a local news anchor is $53,000. Here is a look at the salaries of some of the most popular local news anchors.
Varies by state
Local news anchors earn a median yearly salary of $43,040, according to the U.S. Bureau of Labor Statistics (BLS). However, earnings for these professionals can range from less than $14,850 annually to more than $160,000 annually.
The BLS reports that the top 10% of earners in the field take home annual salaries of more than $160,000 while the bottom 10% earn less than $14,850 annually. Local news anchors in the middle 50% range can expect to earn annual incomes between $26,490 and $62,610.
Varies by city
Local news anchors make a median salary of $38,647, with a range from $14,000 to $95,000 depending on experience and location, according to May 2013 salary information from the Bureau of Labor Statistics. Salaries for top-tier anchors in New York City or Los Angeles can be much higher — into the millions of dollars per year.
Varies by experience
Local news anchors make a wide range of salaries, depending on their experience and market.
The Bureau of Labor Statistics reports that the median salary for all television news anchors was $61,670 in 2019. However, the top 10% of earners made more than $183,770, while the bottom 10% earned less than $28,440.
Anchors with years of experience can make significantly more than the median salary. For example, Scott Pelley of CBS Evening News was reportedly making $15 million per year as of 2017, while Lester Holt of NBC Nightly News was said to be earning $10 million per year.
How Much Do Local News Anchors Make?
Local news anchors make an average salary of $38,647, with a range from $14,000 to $95,000. The salary depends on factors such as experience, market size, and whether the station is unionized.
The average salary for a local news anchor is $40,000
The average salary for a local news anchor is $40,000. News anchors make an average of $55,000 per year. Salaries for news anchors range from $35,000 to $65,000 per year, with a median salary of $40,000.
The highest paid local news anchor makes $100,000
The average salary for a news anchor is $38,647. The highest paid news anchors make $100,000 or more per year. The lowest paid news anchors make less than $18,000 per year.
The lowest paid local news anchor makes $30,000
The average salary for a news anchor is $60,000. The highest paid news anchor makes $200,000. The lowest paid news anchor makes $30,000.
How to Become a Local News Anchor
A local news anchor is the face and voice of the news for a local television station. They are responsible for reading the news, conducting interviews, and providing commentary on the stories of the day. If you are interested in becoming a local news anchor, you will need to have a bachelor’s degree in journalism or a related field. You will also need to have experience working in the news industry.
Get a degree in journalism
A degree in journalism is not required to become a news anchor, but it is recommended. A degree in communications, broadcast journalism, or a related field is helpful.
There are many different types of journalism degrees available, and each has its own set of requirements. However, most journalism programs will require you to take courses in media law, ethics, news writing, and reporting. Some programs also require you to complete an internship before you graduate.
Once you have your degree, the next step is to find a job in the industry. Many news anchors start their careers as reporters or public relations specialists. working your way up the ladder. You can also look for jobs at local television stations or radio stations.
If you want to become a news anchor, it is important to be aware of the competition. There are many people who want to become news anchors, and only a limited number of positions are available. To increase your chances of becoming a news anchor, you should try to get experience working in the industry and hone your skills as much as possible
Start working in a small market
If you want to be a local news anchor, the best place to start is in a small market. Local news stations in small markets typically have less rigorous standards for their anchors than those in larger markets. This means that you’ll have a better chance of getting hired if you start in a small market and then work your way up to a larger one.
In addition, working in a small market will give you the opportunity to gain experience and improve your anchoring skills. Once you’ve established yourself in a small market, you can then begin applying for jobs at local news stations in larger markets.
Work your way up to a larger market
Working your way up the ranks is the surest path to becoming a news anchor. Start in a small market and gain as much experience as you can. Once you feel like you’ve mastered the local level, start applying for jobs in larger markets. Be prepared to move, as competition for news anchor positions is fierce, and openings are often few and far between.
Your demo reel is also important. As you advance in your career, make sure to update your reel with your best work. Having a strong reel will make you more competitive when applying for jobs.