The average hourly rate for a data scientist is $55/hr.
The calculator pulls data from our database of thousands of vetted freelancers. Data is updated daily, and excludes any rate that deviates substantially from the average.Read More
Data Science uses statistical and scientific methods, processes, algorithms, and systems to extract insights from structured and unstructured data. A data scientist produces value out of data, proactively fetching information from various sources and analyzing it for a better understanding about how a business performs. Data scientists applying data mining techniques and statistical analysis to build high quality prediction systems and AI tools that can automate certain processes within a company. Data scientists create various machine learning-based tools or processes, such as recommendation engines or automated lead scoring systems, and are skilled at performing statistical analysis.
Freelance data scientists can earn a salary between $20-$150 per hour, on average. As the market evolves and demand for data science jobs increases, the data science contractor hourly rate is likely to increase as well. Difference in freelance data scientist rates are calculated based on engagement types, such as part-time or full-time, and location, such as on-site or remote.
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Toptal is the largest network of high-skilled freelancers in the world. We created this tool using our database of nearly ten thousand vetted freelancers. Data is updated daily, and excludes hourly rates that fall 2 standard deviations above or below the mean in order to remove outliers.
The Freelance Calculator lets you see how much you can earn as a freelancer, including what your hourly rate would need to be to match your current or desired salary based on the number of hours you work per week.
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