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How much does a Financial Analyst make in the United States?

Average Financial Analyst Hourly Wage in the United States

Financial Analysts earn a median hourly wage of $38.61. Hourly wages typically start from $23.77 and go up to $77.29.

Average Financial Analyst Yearly Salary in the United States

Financial Analysts earn a median salary of $80,310 per year. Salaries typically start from $49,450 and go up to $160,760.

These numbers may vary depending on several factors, like level of education, amount of experience, industry, company size and location.

Learn more about the Financial Analyst job market for salaries of real jobs in your area.

Financial analysts are in demand across many industries. Companies rely on experienced financial analysts to support business growth by identifying trends in financial data and helping senior management make informed decisions.

The size of the company influences starting salaries for financial analysts. The larger the company, the more money analysts tend to make. A financial analyst with less than a year of experience at a small company can expect a starting salary in the range of $45,250 to $53,750, according to the latest Robert Half Salary Guide. The projected starting salary for a financial analyst in a mid-sized company with one to three years of experience is between $58,000 to $76,000. Salaries for financial analysts at the manager level can be anywhere from $77,250 to $99,250 at a small company, to $88,000 to $118,000 at a midsize company, and $99,500 to $136,500 at a large company.

Besides company size, education can improve a financial analyst's earning potential. Analysts with a master’s degree or professional certification earn five to 10 percent more than their bachelor-degreed counterparts, according to the Robert Half survey.

A company's location also affects starting salaries for financial analysts. For example, in Chicago, starting salaries are almost 22 percent higher than average. On the other end of the spectrum, financial analysts in Lincoln, Nebraska, earn close to 22 percent less than the average. In the USA’s epicentre of finance, New York, a successful financial analyst can look to earn a salary of over $100,000 within a short time. Furthermore, bonuses may be rewarded to financial analysts if their work proves to be fruitful for a company or client. These bonuses are at the behest of the individual companies.

While the money you could make as a financial analyst is highly attractive, it is a very demanding job, requiring a high level of mental acumen and risk management. Stressful situations are par for the course in this field, but if earning lots of money and dealing with lots of money excites you, this is a potential avenue you could pursue.

How to Become a Financial Analyst

Interested in becoming a financial analyst? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good financial analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education
    Syracuse MBA

    A bachelors degree is required to be a Financial Analyst. A finance degree is preferred.

  3. Get Hired

      Loading jobs...

    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.

Financial Analyst Earnings by Seniority

Top End Financial Analyst Earnings

The highest earning Financial Analysts in the United States earn:

$77.29
an hour
$160,760
per year
Senior Financial Analyst Earnings

Senior Financial Analysts in the United States earn:

$53.07
an hour
$110,390
per year
Experienced Financial Analyst Earnings

Experienced Financial Analysts in the United States earn:

$38.61
an hour
$80,310
per year
Junior Financial Analyst Earnings

Junior Financial Analysts in the United States earn:

$29.64
an hour
$61,650
per year
Starting Financial Analyst Earnings

Starting Financial Analysts in the United States earn:

$23.77
an hour
$49,450
per year

Approximate values based on highest and lowest earning segments.

Find your perfect career

Would you make a good financial analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

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Financial Analyst salary comparison

Financial Analysts earn more than 62% percent of Business careers. Financial Analyst salaries are in the top 82% of all careers in the United States.

Financial Manager Salary $117k
Actuary Salary $97k
Financial Analyst Salary $80k
Online Merchant Salary $68k
Cost Estimator Salary $60k
Revenue Agent Salary $51k
Bookkeeper Salary $37k
Retail Salesperson Salary $21k

Historical salary for Financial Analysts in the United States

Financial Analyst salary by state

Click on a state to learn more

State Hourly Wage Annual Salary Rank
Financial Analyst Salary in New York $48.11 $100,070 # 1
Financial Analyst Salary in Vermont $37.64 $78,300 # 2
Financial Analyst Salary in California $45.47 $94,580 # 3
Financial Analyst Salary in Colorado $36.79 $76,510 # 4
Financial Analyst Salary in Massachusetts $42.66 $88,740 # 5
Financial Analyst Salary in Alaska $46.51 $96,750 # 6
Financial Analyst Salary in Connecticut $38.60 $80,280 # 7
Financial Analyst Salary in District of Columbia $41.55 $86,420 # 8
Financial Analyst Salary in Illinois $38.34 $79,750 # 9
Financial Analyst Salary in Maryland $38.08 $79,200 # 10
Financial Analyst Salary in Texas $38.25 $79,550 # 11
Financial Analyst Salary in New Jersey $38.87 $80,840 # 12
Financial Analyst Salary in Oregon $38.74 $80,580 # 13
Financial Analyst Salary in Virginia $42.01 $87,370 # 14
Financial Analyst Salary in Alabama $35.71 $74,270 # 15
Financial Analyst Salary in North Carolina $36.99 $76,930 # 16
Financial Analyst Salary in Wyoming $34.81 $72,400 # 17
Financial Analyst Salary in Montana $34.27 $71,270 # 18
Financial Analyst Salary in Minnesota $38.43 $79,940 # 19
Financial Analyst Salary in Delaware $33.96 $70,640 # 20
Financial Analyst Salary in Missouri $36.10 $75,080 # 21
Financial Analyst Salary in Louisiana $31.39 $65,290 # 22
Financial Analyst Salary in Kansas $35.20 $73,210 # 23
Financial Analyst Salary in Pennsylvania $34.52 $71,800 # 24
Financial Analyst Salary in Michigan $36.26 $75,410 # 25
Financial Analyst Salary in Georgia $34.17 $71,070 # 26
Financial Analyst Salary in Washington $34.08 $70,890 # 27
Financial Analyst Salary in Iowa $34.13 $70,980 # 28
Financial Analyst Salary in Utah $34.86 $72,510 # 29
Financial Analyst Salary in Wisconsin $33.89 $70,500 # 30
Financial Analyst Salary in Florida $33.35 $69,370 # 31
Financial Analyst Salary in New Mexico $34.44 $71,640 # 32
Financial Analyst Salary in Kentucky $31.55 $65,630 # 33
Financial Analyst Salary in Ohio $33.45 $69,580 # 34
Financial Analyst Salary in Oklahoma $31.58 $65,680 # 35
Financial Analyst Salary in Tennessee $33.44 $69,560 # 36
Financial Analyst Salary in South Dakota $31.71 $65,950 # 37
Financial Analyst Salary in Rhode Island $34.69 $72,150 # 38
Financial Analyst Salary in North Dakota $33.05 $68,740 # 39
Financial Analyst Salary in Idaho $34.62 $72,020 # 40
Financial Analyst Salary in Nebraska $31.85 $66,250 # 41
Financial Analyst Salary in Arizona $32.04 $66,640 # 42
Financial Analyst Salary in Indiana $31.88 $66,310 # 43
Financial Analyst Salary in Maine $33.54 $69,760 # 44
Financial Analyst Salary in Mississippi $29.68 $61,730 # 45
Financial Analyst Salary in New Hampshire $29.68 $61,730 # 46
Financial Analyst Salary in Nevada $33.19 $69,030 # 47
Financial Analyst Salary in Arkansas $30.03 $62,470 # 48
Financial Analyst Salary in Hawaii $30.90 $64,260 # 49
Financial Analyst Salary in South Carolina $30.47 $63,370 # 50
Financial Analyst Salary in West Virginia $26.95 $56,050 # 51
Source: U.S. Department of Labor Bureau of Labor Statistics

How to Become a Financial Analyst

Interested in becoming a financial analyst? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good financial analyst? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education
    Syracuse MBA

    A bachelors degree is required to be a Financial Analyst. A finance degree is preferred.

  3. Get Hired

      Loading jobs...

    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.