2024 Financial Analyst Salary in US (2024)

FAQs

How much is a Financial Analyst paid in USA? ›

The field is also growing at a steady pace. The BLS projects employment for financial and investment analysts to grow by 8% from 2022 to 2032, which is faster than the average projected growth for all jobs. This amounts to about 29,000 new financial analyst jobs by 2032.

The estimated total pay for a Financial Analyst is $111,408 per year in the United States area, with an average salary of $79,277 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

As with any industry, the totals can vary by area, but about half of FAs make around or more than $100k / year. Meaning that you have about a 50% shot at making six figures or more as an FA.

Financial analysts tend to work with the overall picture of economic trends and market movements to forecast financial situations. A career in accounting may be ideal if you enjoy examining data like auditing and reviewing financial statements. Financial analysts may make more money on average than accountants.

Senior data architects are at the pinnacle of the data analytics field, with an average US annual salary of approximately $157,901. The total pay for a senior data architect can range from $148,000 to $211,000 annually, including potential additional income from bonuses and profit sharing.

Career advancement for senior analysts can include becoming a portfolio manager or fund manager where they manage a company's investment portfolio. They have the ability to move into high ranking roles in investment banking.

Is financial analyst a stable job? ›

According to U.S. government estimates, employment of financial analysts is projected to grow 8% from 2022 to 2032 (faster than the average for all occupations), with 27,400 new job openings per year in that period.

Financial Analysts often navigate high-pressure environments, balancing tight deadlines with the need for meticulous accuracy in data analysis and forecasting. Stress levels can peak during quarterly earnings reports and fiscal year-ends.

How Much Does a Financial Analyst Make in US? The average salary for a Financial Analyst in US is $86,009. The average additional cash compensation for a Financial Analyst in US is $1,699,111. The average total compensation for a Financial Analyst in US is $1,785,120.

Because the success of the client or company is often directly tied to the performance of a financial analyst, it's very common for this base pay to be supplemented with bonuses or profit-sharing that is contingent on financial growth.

How much does a senior financial analyst make in a year? As of 2023, a senior financial analyst in the United States can expect to earn a median salary of $96,079 per year with a typical salary range between $87,792 to $105,891.

Financial Analyst Salary and Job Outlook

According to the U.S. Bureau of Labor & Statistics, the median pay in 2021 for Financial Analysts was $96,000. Financial analytics is ranked as the 13th best business job currently available.

In this highly competitive job market, a master's degree gives an applicant a boost. A successful career as a financial analyst requires strong quantitative skills, expert problem-solving abilities, adeptness in logic, and above-average communication skills.

The job outlook for Financial Analysts is strong, with a projected 9% growth rate from 2021 to 2031, partly due to anticipated increases in economic activity and the emergence of industries requiring financial knowledge.