science Illustrative sample Source: U.S. Bureau of Labor Statistics (BLS) May 2024 release

Financial Analyst Salary

Median Annual Salary
$99,890/yr
Median Hourly Wage
$48.02/hr

Salary Distribution (10th to 90th Percentile)

trending_up 10-Yr Growth
+8% Faster than average
school Entry Education
Bachelor's degree
work Total Jobs (U.S.)
390,000

Estimated Pay by Experience Level

Entry-Level (10th Pct)
$65,927
$31.70/hr
Median
Mid-Level (50th Pct)
$99,890
$48.02/hr
Senior-Level (90th Pct)
$145,839
$70.11/hr

Salary by State

Median annual
StateMedian / yrRelative pay
District of Columbia $133,026
Massachusetts $121,570
California $118,872
Washington $118,247
Connecticut $115,468
Colorado $110,826
Maryland $110,571
New York $110,129
National Median $99,890

View all 51 states arrow_forward

How to Become a Financial Analyst

Financial analysts guide businesses and individuals making investment decisions by evaluating financial data and trends.

1

Meet the education requirement

Most financial analysts enter the field with bachelor's degree. Programs are offered by community colleges, trade schools, and universities.

2

Complete an accredited training program

Hands-on coursework and clinical or field experience prepare you for the work and for certification exams.

3

Earn the Chartered Financial Analyst (CFA)

Most employers expect this credential — and in many states it's required to practice. Entry pay starts near $65,927 and rises toward $145,839 with experience.

Financial Analyst salary: common questions

How much does a Financial Analyst make an hour?

The median hourly wage for financial analysts is $48.02, which works out to about $99,890 per year for full-time work.

Which state pays financial analysts the most?

District of Columbia has the highest median pay for financial analysts at $133,026 per year — 33% above the national median of $99,890.

What is the salary range for financial analysts?

Most financial analysts earn between $65,927 and $145,839 per year. The middle 50% earn $80,911 to $123,864, with a median of $99,890.

Is becoming a Financial Analyst a good career?

Employment is projected to grow 8% (faster than average), and the role typically requires bachelor's degree. With a median wage of $99,890 per year, it pays well above the U.S. median for all occupations.

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