SOC 13-2051 · May 2025
Financial Analyst Salary
Financial Analysts in the US earn a median of $102,740 a year ($56.15 an hour on average), according to the BLS May 2025 wage survey. Average Financial Analyst pay climbed from $103,020 in 2021 to $116,800 in 2025, a +13.4% change in 4 years.
Median annual
$102,740
Half of all Financial Analysts in the United States earn more than this figure, half earn less. From the BLS Occupational Employment and Wage Statistics May 2025 release.
Wage trend
+13.4% since 2021 · +0.3% YoY
Hourly
$56.15
Job growth 2025-35
+7.2%
US workers
361,980
BLS series
Annual median wage for Financial and Investment Analysts in All Industries in the United States
Salary range
From entry to top decile
The 10th-to-90th percentile spread for Financial Analysts is $63,720 – $180,860.
Percentile distribution
USD · annual
10th
$63,720
25th
$79,290
Median
$102,740
75th
$133,340
90th
$180,860
Percentile bands
Where your pay would sit
Percentile bands
Annual wages at each point of the BLS distribution for Financial Analysts. Where you sit depends on experience, employer, location and credentials.
| Percentile | What it means | Annual wage |
|---|---|---|
| 10th percentile | 10% earn less. Common for new entrants | $63,720 |
| 25th percentile | A quarter earn less | $79,290 |
| Median | Half earn more, half earn less | $102,740 |
| 75th percentile | A quarter earn more | $133,340 |
| 90th percentile | 10% earn more. Often senior or specialist staff | $180,860 |
Geography
Financial Analyst pay by state
Financial Analysts earn the most in Wyoming ($187,090, +82% against the national median) and the least in West Virginia ($69,030). BLS publishes a May 2025 estimate for this occupation in 51 of 51 states and D.C.
National median
$102,740
Highest-paying states for financial analysts
| State | Annual median | vs national | Employed |
|---|---|---|---|
| Wyoming | $187,090 | +82% | 190 |
| New York | $127,930 | +25% | 52,380 |
| Oregon | $120,590 | +17% | 2,820 |
| Massachusetts | $111,040 | +8% | 14,790 |
| Connecticut | $109,500 | +7% | – |
| California | $109,110 | +6% | 45,380 |
| New Jersey | $108,610 | +6% | 10,380 |
| Washington | $107,210 | +4% | 8,820 |
| D.C. | $105,780 | +3% | 3,670 |
| Virginia | $105,490 | +3% | 10,410 |
All 51 states, highest to lowest
| State | Annual median | Employed |
|---|---|---|
| Wyoming | $187,090 | 190 |
| New York | $127,930 | 52,380 |
| Oregon | $120,590 | 2,820 |
| Massachusetts | $111,040 | 14,790 |
| Connecticut | $109,500 | – |
| California | $109,110 | 45,380 |
| New Jersey | $108,610 | 10,380 |
| Washington | $107,210 | 8,820 |
| D.C. | $105,780 | 3,670 |
| Virginia | $105,490 | 10,410 |
| Colorado | $103,850 | 8,040 |
| Minnesota | $102,990 | 7,450 |
| North Carolina | $102,390 | 12,710 |
| Alaska | $102,240 | 190 |
| Delaware | $101,800 | 2,290 |
| Illinois | $101,180 | 20,520 |
| Idaho | $100,830 | 680 |
| Rhode Island | $100,550 | 1,790 |
| Maryland | $100,370 | 5,360 |
| Georgia | $99,420 | 9,780 |
| Montana | $99,190 | 440 |
| South Dakota | $99,150 | 820 |
| Texas | $99,150 | 28,820 |
| Vermont | $99,090 | 230 |
| Missouri | $98,420 | 4,430 |
| Wisconsin | $95,570 | 5,430 |
| Michigan | $95,420 | 7,400 |
| Hawaii | $94,640 | 600 |
| Florida | $94,490 | 23,900 |
| Ohio | $94,280 | 9,760 |
| South Carolina | $93,670 | 3,600 |
| Arizona | $93,540 | 5,940 |
| Tennessee | $92,990 | 4,910 |
| Iowa | $92,370 | 2,000 |
| Utah | $91,370 | 4,510 |
| Alabama | $91,290 | 3,410 |
| Maine | $88,320 | 710 |
| New Mexico | $87,630 | 930 |
| Nebraska | $85,320 | – |
| Kansas | $84,860 | 1,870 |
| Pennsylvania | $84,460 | 13,310 |
| Nevada | $83,430 | 1,830 |
| New Hampshire | $82,520 | 580 |
| Indiana | $81,760 | 3,680 |
| Kentucky | $81,660 | 2,460 |
| Arkansas | $81,110 | 1,390 |
| Oklahoma | $79,640 | 1,550 |
| Mississippi | $79,580 | 720 |
| North Dakota | $78,170 | 300 |
| Louisiana | $75,680 | 1,450 |
| West Virginia | $69,030 | 400 |
Source: BLS Occupational Employment and Wage Statistics, state estimates, May 2025, all industries.
What affects this salary
Pay drivers for Financial Analysts
Financial and investment analysts (BLS SOC 13-2051) evaluate investment opportunities, financial performance, and market conditions for businesses and individuals. The role spans buy-side equity analysts, sell-side research, corporate FP&A, and investment banking analysts. CFA charterholder status, MBA, and employer (bulge-bracket bank, hedge fund, asset manager) drive significant pay variation. Total compensation in front-office finance roles substantially exceeds the OEWS median through bonus structures not fully captured by BLS wage data.
The 10th-to-90th percentile spread is $63,720 – $180,860. That gap reflects experience, certification, employer type, geographic cost of living, and shift differentials where applicable.
Geography matters. The best-paying states for this role are Wyoming, New York and Oregon. Pay in Wyoming runs 2.7 times the level in West Virginia, before any adjustment for cost of living.
Getting in. BLS lists the typical entry-level education as bachelor's degree, and projects about 24,700 openings a year over 2025-35. Employment is projected to grow 7.2% over the same period, against 3.5% for all occupations.
Frequently asked
Questions readers ask
Frequently asked
What is the average Financial Analyst salary in the US?
How much does a Financial Analyst make an hour?
How much do Financial Analysts make at the low and high end?
Which state pays Financial Analysts the most?
Is the average Financial Analyst salary higher than the median?
Is Financial Analyst a growing career?
Open positions
Open Financial Analyst roles hiring now
Browse current Financial Analyst listings on Indeed and ZipRecruiter, filtered to your role.
Source & methodology
Wage and employment figures are from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) program, May 2025 release. Standard Occupational Classification: 13-2051. Figures represent the national median, mean, and percentile distribution across all employers and industries. Hourly equivalents assume a 2,080-hour work year. Job growth, annual openings and typical education are from the BLS Employment Projections program, 2025-35; see the Occupational Outlook Handbook entry. Read our methodology for details on how the data is sourced, transformed, and refreshed.