Top 10 Financial Analyst Salaries by City in 2023
Explore our top 10 list of the highest-paying financial analyst cities in America.
Check out our list of the top 10 major cities in America with the highest average financial analyst salaries. We’ve also included estimate compensation ranges and adjusted estimates for entry-level analysts and senior financial analysts. And no, surprisingly New York City is not the highest-paying city on the list.
Cities with the Highest Paying Financial Analyst Salaries
The list below summarizes the top 10 cities with the highest average financial analyst salaries in 2023.
- Jersey City, NJ
- Atlanta, GA
- Boston, MA
- Miami, FL
- Los Angeles, CA
- Chicago, IL
- Dallas, TX
- Houston, TX
- New York, NY
- San Diego, CA
Note: Compensation figures in this list were sourced from various online data providers which include Indeed, Glassdoor, Salary.com, and other personal references. In addition to work location, financial analyst salary for individuals will vary by years of work experience, company size, company industry, and bonus incentive structures.
#10 Financial Analyst Salary in Jersey City, New Jersey - $66,290
Jersey City, New Jersey is well-known for being a convenient living location (with slightly lower state taxes) for those commuting to Manhattan and other New Jersey-based offices. Many of the largest bulge-bracket banks like Goldman Sachs, J.P. Morgan, and Citigroup operate sizeable financial offices in Jersey City.
Key Salary Statistics:
- Estimate compensation range: $42,000 to $105,000
- Entry-level financial analyst salary average: $60,852
- Senior financial analyst salary average: $69,545
Notable Companies Headquartered in Jersey City, NJ:
- Forbes (Business Magazine)
- Goya Foods (Branded Food)
- Fulcrum Digital (Business Technology)
#9 Financial Analyst Salary in Atlanta, Georgia - $69,212
Atlanta, Georgia holds the top spot for being the busiest airport in the world, which processes over 100 million passengers a year. The Atlanta region contains the headquarters for 15+ Fortune 500 companies and boasts mild weather and generally low state taxes.
Key Salary Statistics:
- Estimate compensation range: $50,000 to $95,000
- Entry-level financial analyst salary average: $63,535
- Senior financial analyst salary average: $72,611
Notable Companies Headquartered in Atlanta, GA:
- Coca-Cola (Beverage Manufacturing)
- Home Depot (Home Improvement)
- UPS (Mail Transportation)
- Delta Airlines (Commercial Air Travel)
- Chik-fil-A (Fast Food)
#8 Financial Analyst Salary in Boston, Massachusetts - $71,156
Boston, Massachusetts contains one of the most highly educated populations in America with over 35 colleges and universities which include Harvard, MIT, and other top-tier institutions. The city hosts many large employers like Amazon, General Electric, and other Fortune 500 companies.
Key Salary Statistics:
- Estimate compensation range: $50,000 to $102,000
- Entry-level financial analyst salary average: $65,319
- Senior financial analyst salary average: $74,650
Notable Companies Headquartered in Boston, MA:
- Boston Consulting Group (Management Consulting)
- Bain & Company (Management Consulting)
- General Electric (Power & Technology)
- Fidelity Investments (Financial Services)
- American Tower (Real Estate Investments)
#7 Financial Analyst Salary in Miami, Florida - $73,837
Miami, Florida is a popular destination for individuals looking to pay no state income taxes and for corporations looking to pay low corporate income taxes. In the last few years, South Florida has seen a large influx of business migrations, particularly within the fields of technology, real estate, finance, and general consumer goods.
Key Salary Statistics:
- Estimate compensation range: $50,000 to $108,000
- Entry-level financial analyst salary average: $67,367
- Senior financial analyst salary average: $76,990
Notable Companies Headquartered in Miami, FL:
- Citadel (Hedge Fund)
- Royal Caribbean (Cruise & Travel)
- Office Depot (Retail)
- Popeyes (Fast Food)
- The Related Group (Real Estate Development)
#6 Financial Analyst Salary in Los Angeles, California - $76,210
Los Angeles, California, or the City of Angels is one of the biggest artistic hubs in America with a deep history in Hollywood cinema, music, and other arts. The city is well known for attracting wealthy individuals with ties to entertainment, retail, technology, and other major industries.
Key Salary Statistics:
- Estimate compensation range: $52,000 to $110,000
- Entry-level financial analyst salary average: $69,959
- Senior financial analyst salary average: $79,952
Notable Companies Headquartered in Los Angeles, California:
- The Walt Disney Company (Entertainment)
- Activision Blizzard (Video Games)
- Snapchat (Social Media)
- Trader Joe’s (Grocery Retail)
- Korn Ferry (Management Consulting)
#5 Financial Analyst Salary in Chicago, Illinois - $76,497
Chicago, Illinois is a popular, centrally located city with convenient travel times to New York, Dallas, San Francisco, Seattle, and many other large cities in America. The city is sometimes described as “New York, but a lot less crazy” and features over 30 Fortune 500 company headquarters.
Key Salary Statistics:
- Estimate compensation range: $59,000 to $98,000
- Entry-level financial analyst salary average: $70,222
- Senior financial analyst salary average: $80,253
Notable Companies Headquartered in Chicago, IL:
- McDonald’s (Fast Food)
- Jones Lang LaSalle (Real Estate Services)
- Cushman & Wakefield (Real Estate Services)
- Abbott Laboratories (Medical Devices)
- Kraft Heinz (Packaged Food)
#4 Financial Analyst Salary in Dallas, Texas - $77,471
Dallas, Texas is one of the fastest-growing cities in America. The Dallas-Fort Worth metropolitan area has established itself as the third-largest financial center in America and is home to over 20+ Fortune 500 company quarters.
Key Salary Statistics:
- Estimate compensation range: $56,000 to $106,000
- Entry-level financial analyst salary average: $71,117
- Senior financial analyst salary average: $81,276
Notable Companies Headquartered in Dallas, TX:
- AT&T (Telecommunications)
- Southwest Airlines (Commercial Air Travel)
- CBRE (Real Estate Services & Investments)
- Toyota North America (Automotive Manufacturer)
- Charles Schwab (Financial Services)
#3 Financial Analyst Salary in Houston, Texas - $78,239
Houston, Texas is the 4th largest city in America. The city hosts over 22 Fortune 500 company headquarters and supports major players in healthcare, aerospace, energy, and education.
Key Salary Statistics:
- Estimate compensation range: $56,000 to $110,000
- Entry-level financial analyst salary average: $71,821
- Senior financial analyst salary average: $82,081
Notable Companies Headquartered in Houston, TX:
- Sysco (Wholesale Food Distribution)
- Baker Hughes (Oil Services)
- Occidental Petroleum (Oil Chemicals)
- Waste Management (Garbage & Recycling)
- KBR (Aerospace Engineering)
#2 Financial Analyst Salary in New York City, New York - $80,542
New York City, New York is an economic powerhouse with a long history of hosting some of the biggest financial institutions in the world. The historic financial hub has continued to attract financial analyst talent alongside entrepreneurial groups exploring the up-and-coming world of fintech.
Key Salary Statistics:
- Estimate compensation range: $52,000 to $124,000
- Entry-level financial analyst salary average: $73,935
- Senior financial analyst salary average: $84,497
Notable Companies Headquartered in New York, NY:
- Goldman Sachs (Financial Services)
- Morgan Stanley (Financial Services)
- Verizon (Telecommunication)
- 21st Century Fox (Entertainment)
- American Express (Financial Services)
#1 Financial Analyst Salary in San Diego, California - $80,608
San Diego, California, or Silicon Beach is one of the fastest-growing hotspots for technology startups in America. Strong software and IT talent have convinced Google, Apple, Amazon, and Walmart to set up sizeable office operations in San Diego.
Key Salary Statistics:
- Estimate compensation range: $57,000 to $113,000
- Entry-level financial analyst salary average: $73,996
- Senior financial analyst salary average: $84,567
Notable Companies Headquartered in San Diego, CA:
- Jack in the Box (Fast Food)
- Cubic (Transportation & Defense)
- California Bank & Trust (Banking)
- Petco (Pet Retail)
- AstroPrint (3D Printing)
Additional Resources
If you’re preparing for your competitive finance and investment interviews, consider checking out our Complete Finance & Valuation Course which has helped our students land analyst roles at Goldman Sachs, Amazon, EY, and other top-tier companies!
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