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Morningstar Machine Learning Engineer Salary

IQ Team
Written by IQ Team
IQ Team
Published July 31, 2024
Estimated reading time: 7 minutes
Table of contents

$91,002

Average Base Salary

$101,802

Average Total Compensation

Min: $64K
Max: $120K
Base Salary
Median: $80K
Mean (Average): $91K
Data points: 11
Min: $70K
Max: $155K
Total Compensation
Median: $86K
Mean (Average): $102K
Data points: 11
The average base salary for a ML Engineer at Morningstar is $91,002
based on 11 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $91,451.

The estimated average total compensation is $101,802
based on 11 data points.
The average recency weighted total compensation is $102,283.

View the full ML Engineer at Morningstar interview guide

Normalized Morningstar Machine Learning Engineer Salaries


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for ML Engineer at Morningstar is in the top 10% compared to all other companies salaries.

The average base salary for ML Engineer at Morningstar is $91,002 while the average ML Engineer base salary is $142,835.

If we normalize the salaries at Morningstar by the cost of living, then the average base salary for ML Engineer at Morningstar is in the top 11% compared to all other companies.

If we normalize the salaries at Morningstar by the years of experience, then the average base salary for ML Engineer at Morningstar is in the top 16% compared to all other companies.

Morningstar Machine Learning Engineer Salary by Seniority Levels

Senior*
$115K
Senior
Median: $115K
Mean (Average): $115K
Data points: 1
Mid-Level
$73K
$121K
Mid-Level
Median: $103K
Mean (Average): $97K
Data points: 7
Entry Level*
$80K
Entry Level
Median: $80K
Mean (Average): $80K
Data points: 1
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a ML Engineer at Morningstar. Here are the base salaries of a ML Engineer at Morningstar grouped into 3 seniority categories.

Morningstar Machine Learning Engineer Salary Compared to other Positions

Software Engineer
$60K
$171K
Software Engineer
Median: $92K
Mean (Average): $100K
Data points: 490
Data Scientist
$80K
$119K
Data Scientist
Median: $103K
Mean (Average): $99K
Data points: 5
Data Engineer
$82K
$102K
Data Engineer
Median: $92K
Mean (Average): $93K
Data points: 14
ML Engineer
$64K
$120K
ML Engineer
Median: $80K
Mean (Average): $91K
Data points: 11
Business Analyst
$60K
$111K
Business Analyst
Median: $65K
Mean (Average): $83K
Data points: 11
Data Analyst
$56K
$116K
Data Analyst
Median: $75K
Mean (Average): $79K
Data points: 19
Product Analyst*
$74K
Product Analyst
Median: $74K
Mean (Average): $74K
Data points: 1
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Software Engineer role pays the most with a $99,884 base salary while the Product Analyst role on average pays the least with a $73,500 base salary.

Top Cities for Morningstar Machine Learning Engineer Salaries

Omaha, NE*
$123K
Omaha, NE
Median: $123K
Mean (Average): $123K
Data points: 1
Wichita, KS
$63K
$77K
Wichita, KS
Median: $72K
Mean (Average): $70K
Data points: 5
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

The ML Engineer salary in Omaha, NE is the highest paying salary with a $123,000 average base salary. The ML Engineer salary in Wichita, KS is the lowest paying salary with $70,403 average base salary.

Morningstar Machine Learning Engineer Salary Compared to other Companies

Netflix
$200K
$631K
Netflix
Median: $525K
Mean (Average): $455K
Data points: 6
Cruise Automation, Inc.
$150K
$283K
Cruise Automation, Inc.
Median: $220K
Mean (Average): $211K
Data points: 28
Roku Inc.
$112K
$444K
Roku Inc.
Median: $180K
Mean (Average): $211K
Data points: 23
Doordash
$185K
$210K
Doordash
Median: $205K
Mean (Average): $202K
Data points: 6
Waymo
$161K
$254K
Waymo
Median: $196K
Mean (Average): $200K
Data points: 14
Ramp
$188K
$210K
Ramp
Median: $200K
Mean (Average): $199K
Data points: 11
Tiktok
$167K
$240K
Tiktok
Median: $200K
Mean (Average): $198K
Data points: 20
Zoox Inc.
$154K
$242K
Zoox Inc.
Median: $195K
Mean (Average): $195K
Data points: 8
Moveworks.Ai
$169K
$241K
Moveworks.Ai
Median: $180K
Mean (Average): $195K
Data points: 6
Bloomberg Lp
$120K
$255K
Bloomberg Lp
Median: $205K
Mean (Average): $194K
Data points: 9
Levi Strauss & Co.
$175K
$225K
Levi Strauss & Co.
Median: $175K
Mean (Average): $189K
Data points: 7
Meta
$120K
$260K
Meta
Median: $190K
Mean (Average): $188K
Data points: 213
Nvidia
$111K
$262K
Nvidia
Median: $190K
Mean (Average): $186K
Data points: 35
Intuit
$159K
$203K
Intuit
Median: $180K
Mean (Average): $183K
Data points: 10
Morningstar
$64K
$120K
Morningstar
Median: $80K
Mean (Average): $91K
Data points: 11
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The ML Engineer at Netflix salary is the highest paying salary with a $455,167 average base salary. The ML Engineer at Freshdesk salary is the lowest paying salary with $43,000 average base salary.
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