NOC 21223 Ontario 2026 Data

Business Analyst Salary in London, ON — 2026

Median annual salary: $86,029  ·  Range: $58,656 – $127,088  ·  Source: Government of Canada Job Bank (NOC 21223)

25th Percentile
$58,656
$28/hr
Median (50th)
$86,029
$41/hr
75th Percentile
$127,088
$61/hr

Annual figures assume 2,080 paid hours/year (40 hrs × 52 wks). Regional multiplier 0.94× applied to national Job Bank wage data.

About this role

Business analysts document processes, gather requirements, and bridge business and tech teams. CBAP certification and experience with Agile/Scrum are increasingly expected. Strong demand in banking, insurance, and government projects.

Salary by experience in London, ON

Select an experience level for a detailed breakdown with negotiation advice specific to London, ON:

Entry-Level Mid-Level Senior Expert / Executive
Experience Low Median High Range
Entry-Level (0–2 years) $44,000 $71,000 $114,000
Mid-Level (3–6 years) $56,000 $88,000 $140,000
Senior (7–12 years) $65,000 $103,000 $165,000
Expert / Executive (12+ years) $73,000 $123,000 $203,000

London, ON job market for Business Analysts

Business analysts in London, ON are concentrated in financial services and technology, where iterative product delivery and regulatory change programs sustain consistent demand.

London, Ontario anchors Southwestern Ontario's economy, with major strengths in insurance and financial services (3M, Canada Life, Intact), manufacturing, and healthcare through London Health Sciences Centre. Western University and Fanshawe College generate a consistent pipeline of graduates. Salaries are moderately below Toronto across most sectors.

Top hiring sectors:

Notable employers: 3M Canada, London Life (Canada Life), Western University, Aecon, London Health Sciences Centre, Libro Credit Union

Negotiation tips for Business Analysts

Related roles in London, ON

Frequently asked questions

What is the average salary for a Business Analyst in London, ON?

Based on Government of Canada Job Bank data (NOC 21223, 2024), the median annual salary for a Business Analyst in London, ON is approximately $86,029. The typical range runs from $58,656 at the 25th percentile to $127,088 at the 75th percentile, depending on experience, employer size, and specialization.

How does Business Analyst pay in London, ON compare to the national average?

Below the national average. London, ON's regional wage multiplier is 0.94× the national benchmark for this occupation. The national median for Business Analyst is approximately $91,520/yr before regional adjustment.

What factors most influence a Business Analyst's salary in Ontario?

The primary drivers are years of experience, employer size, industry sector, and professional certifications or designations. In London, ON, the dominant employers for this role are in insurance & finance and healthcare, which set the market rate locally. Specialization and a track record of measurable outcomes are the fastest paths to the upper end of the range.

Is $86,029/yr a good salary in London, ON?

The median Business Analyst salary of $86,029/yr places you at the 50th percentile for this occupation in London, ON. Given Ontario's cost of living, this provides a comfortable lifestyle for individuals and a reasonable foundation for a household. Use the JobCoach AI Salary Benchmarker to compare your specific situation against current market data.

How do I negotiate a higher salary as a Business Analyst in London, ON?

Come prepared with market data (this guide plus at least two additional sources), a concise summary of your impact in previous roles, and a specific target number — not a range. In London, ON, the top sectors hiring Business Analysts include insurance & finance and healthcare, where competing offers are the strongest leverage. Always negotiate total compensation, not just base salary.

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