Financial Analysts Salary 2018: How Much Money Do They Make

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hourly pay for Financial Analysts
do Financial Analysts make a lot of money

Financial Analysts

Other names for this job might include Alternative Financing Specialist, Bank Analyst, Banking Analyst, Bond Analyst, Budget Analyst, Chartered Financial Analyst (CFA), Commodity Analyst, Corporate Financial Analyst, Corporate Securities Research Analyst, Corporate Statistical Financial Analyst

  • $97640
  • 68%
    Job satisfaction
  • Quite Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank


How Much Do Financial Analysts Make In 2018

In this salary guide, you will find out how much do Financial Analysts make.

After reading this, you will be able to make a decision if working as a Financial Analyst will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).

Average salary

Annual salary
$97640 per year

Hourly wage
$46.940 per hour

One of the most popular questions we get from our readers here at OwlGuru is how much do Financial Analysts make per year and what is their hourly wage.

According to BLS, the average annual salary of Financial Analysts is $97640. Their salary can also be as low as $50350 if you’re still a newbie with no experience to over $165100 if you have a ton of experience under your belt.

The typical hourly pay is $46.940 and can range from $24.210 to $79.380 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Financial Analyst will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank

We wanted to make it easy for our readers to compare the salary of A Financial Analyst to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Financial Analysts make with other careers, they have a salary rank of A.

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Salary range

Highest (Top 10%)$79.380$165100
Senior (Top 25%)$53.730$111760
Middle (Mid 50%)$39.310$81760
Junior (Bottom 25%)$30.110$62640
No experience (Bottom 10%)$24.210$50350

Entry-level Financial Analysts who starts out at $62640 can expect to make $81760 after 3-5 years of experience in the field.

The bottom 10% makes less than $24.210 per hour while the top 10% makes over $79.380 per hour.

While the median wage is $81760 per annum or $39.310 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.

Highest paying industries

Industry nameHourly wageAnnual salary
Securities and Commodity Exchanges59.81124400
Other Financial Investment Activities55.49115420
Securities, Commodity Contracts, and Other Financial Investments and Related Activities54.72113810
Securities and Commodity Contracts Intermediation and Brokerage53.13110510
Other Information Services51.69107510
Lessors of Real Estate51.16106410
Grantmaking and Giving Services50.55105150
Paint, Coating, and Adhesive Manufacturing50.26104530
Research and Development in the Social Sciences and Humanities48.72101330
Finance and Insurance48.67101240
Motion Picture and Video Industries48.3100470
Oil and Gas Extraction48.18100220
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)48.0399900
Activities Related to Real Estate47.899420
Federal Executive Branch47.6499080
Real Estate47.5898970
Pipeline Transportation of Crude Oil47.4198620
Federal government, including the US Postal Service47.3698510
Funds, Trusts, and Other Financial Vehicles47.398380
Real Estate and Rental and Leasing47.0197780
Accounting, Tax Preparation, Bookkeeping, and Payroll Services46.9297580
Basic Chemical Manufacturing46.8997520
Metalworking Machinery Manufacturing46.6697050
Motion Picture and Sound Recording Industries46.0695810
Insurance and Employee Benefit Funds45.8895430
Support Activities for Mining45.8195280
Petroleum and Coal Products Manufacturing45.7995240
Religious, Grantmaking, Civic, Professional, and Similar Organizations45.5294690
Management, Scientific, and Technical Consulting Services44.9893550
Other Services (except Federal, State, and Local Government)44.8493270
All industries, private ownership only44.7693090
Software Publishers44.6292800
Pipeline Transportation44.4792500
All industries44.3592250
Monetary Authorities-Central Bank44.2992130
Radio and Television Broadcasting44.1391790
Pipeline Transportation of Natural Gas44.0291570
Publishing Industries (except Internet)43.9591420
Satellite Telecommunications43.9391380
Professional, Scientific, and Technical Services43.9191340
Apparel, Piece Goods, and Notions Merchant Wholesalers43.8391160
Postal Service (federal government)43.7490990
Natural Gas Distribution43.6990880
Business, Professional, Labor, Political, and Similar Organizations43.4890440
Scientific Research and Development Services43.4590380
Motor Vehicle Manufacturing43.4490360
Communications Equipment Manufacturing43.4390340
Computer Systems Design and Related Services43.3590160
Social Advocacy Organizations43.2789990
Electric Power Generation, Transmission and Distribution43.2689980
Other Support Services43.0489530
Depository Credit Intermediation42.9189250
Agriculture, Construction, and Mining Machinery Manufacturing42.8789180
Pharmaceutical and Medicine Manufacturing42.8289060
Research and Development in the Physical, Engineering, and Life Sciences42.8189050
Newspaper, Periodical, Book, and Directory Publishers42.6788750
Professional and Commercial Equipment and Supplies Merchant Wholesalers42.3988170
Legal Services42.3888150
Land Subdivision42.3688110
Electrical Equipment Manufacturing42.3588080
Chemical Manufacturing42.2587890
Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers42.0987550
Wholesale Electronic Markets and Agents and Brokers41.8487020
Credit Intermediation and Related Activities41.7386810
Insurance Agencies and Brokerages41.6286570
Computer and Peripheral Equipment Manufacturing41.5786470
Other Nondepository Credit Intermediation41.4686230
Commercial and Service Industry Machinery Manufacturing41.2485790
Computer and Electronic Product Manufacturing41.0785420
Semiconductor and Other Electronic Component Manufacturing40.9785210
Industrial Machinery Manufacturing40.9585180
Wired Telecommunications Carriers40.8785000
Merchant Wholesalers, Durable Goods40.884850
Machinery Manufacturing40.7884830
Aerospace Product and Parts Manufacturing40.7684780
Testing Laboratories40.6684570
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing40.5584340
Architectural, Engineering, and Related Services40.5584340
Heavy and Civil Engineering Construction40.5484330
Management of Companies and Enterprises40.5284280
Other Heavy and Civil Engineering Construction40.5184250
Drugs and Druggists' Sundries Merchant Wholesalers40.4484110
Nondepository Credit Intermediation40.4284080
Engineering Services40.3583930
Wholesale Trade40.2783760
Transportation Equipment Manufacturing40.183410
Manufacturing and Reproducing Magnetic and Optical Media40.0783350
Medical and Diagnostic Laboratories40.0783350
Business schools and computer and management training - Privately owned40.0483290
Offices of Real Estate Agents and Brokers40.0283240
Other Transportation Equipment Manufacturing40.0183210
Business Schools and Computer and Management Training (including private, state, and local government schools)39.9383060
Wireless Telecommunications Carriers (except Satellite)39.9283030
Insurance Carriers39.7682700
Electronics and Appliance Stores39.682360
Insurance Carriers and Related Activities39.5482250
Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing39.582170
Residential Building Construction39.3481830
Office Administrative Services39.3481830
Beverage and Tobacco Product Manufacturing39.3181760
Beverage Manufacturing39.3181760
Audio and Video Equipment Manufacturing39.2981720
Motor Vehicle and Parts Dealers39.2581650
Medical Equipment and Supplies Manufacturing39.2281580
Employment Services39.1481420
Miscellaneous Manufacturing39.0981300
Activities Related to Credit Intermediation38.9781060
Miscellaneous Durable Goods Merchant Wholesalers38.9481000
Broadcasting (except Internet)38.9481000
Newspaper Publishers38.9280950
Ship and Boat Building38.9180940
Agencies, Brokerages, and Other Insurance Related Activities38.7980680
Soap, Cleaning Compound, and Toilet Preparation Manufacturing38.7180520
Other Electrical Equipment and Component Manufacturing38.7180520
Plumbing, Heating, and Air-Conditioning Contractors38.6380350
Electrical Equipment, Appliance, and Component Manufacturing38.5280110
Advertising, Public Relations, and Related Services38.3479750
Other Miscellaneous Manufacturing38.2679580
Automobile Dealers38.2579570
Automotive Equipment Rental and Leasing38.1379320
Merchant Wholesalers, Nondurable Goods38.1379300
Other Fabricated Metal Product Manufacturing38.1179260
Waste Treatment and Disposal37.9879010
Converted Paper Product Manufacturing37.9778980
Commercial and Industrial Machinery and Equipment Rental and Leasing37.9778980
Construction of Buildings37.878620
Administrative and Support Services37.6678340
Sector 56- Administrative and Support and Waste Management and Remediation Services37.6578310
Household Appliance Manufacturing37.6478280
Other Telecommunications37.6278250
Rental and Leasing Services37.6178240
Outpatient Care Centers37.5278030
Fabricated Metal Product Manufacturing37.5178020
Educational Support Services (including private, state, and local government schools)37.578000
Educational Support Services, Privately owned37.4977980
Miscellaneous Nondurable Goods Merchant Wholesalers37.477780
Museums, Historical Sites, and Similar Institutions37.2777520
Hardware Manufacturing37.1477260
Direct Insurance (except Life, Health, and Medical) Carriers37.0877130
Waste Management and Remediation Services37.0877120
Electronic and Precision Equipment Repair and Maintenance37.0777100
Rail Transportation3776970
Water, Sewage and Other Systems3776960
Paper Manufacturing36.9576850
Motor Vehicle Parts Manufacturing36.9176780
Other Professional, Scientific, and Technical Services36.8676680
Data Processing, Hosting, and Related Services36.7976530
Colleges, universities, and professional schools, Privately owned36.7576450
Nonresidential Building Construction36.7376410
Performing Arts, Spectator Sports, and Related Industries36.7376400
Machinery, Equipment, and Supplies Merchant Wholesalers36.7176370
Specialty (except Psychiatric and Substance Abuse) Hospitals (including private, state, and local government hospitals)36.7176350
Arts, Entertainment, and Recreation36.6376190
Travel Agencies36.6376180
Educational Services, Privately owned36.6276170
Health and Personal Care Stores36.5876080
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers36.5576030
Repair and Maintenance36.5275960
Building Equipment Contractors36.4175740
Engine, Turbine, and Power Transmission Equipment Manufacturing36.2775440
Warehousing and Storage36.2675420
Amusement, Gambling, and Recreation Industries36.2575400
Cable and Other Subscription Programming36.2275340
Petroleum and Petroleum Products Merchant Wholesalers36.2175320
Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing36.275290
Other Chemical Product and Preparation Manufacturing36.0875050
Plastics Product Manufacturing36.0675010
Bakeries and Tortilla Manufacturing35.9874830
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers35.9774810
Printing and Related Support Activities35.9674800
Plastics and Rubber Products Manufacturing35.9474760
Specialty Trade Contractors35.8874640
Chemical and Allied Products Merchant Wholesalers35.8774610
Pulp, Paper, and Paperboard Mills35.8674590
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance35.7874420
Iron and Steel Mills and Ferroalloy Manufacturing35.6174070
Other Food Manufacturing35.5773990
Travel Arrangement and Reservation Services35.5673960
All Other Ambulatory Health Care Services35.4673750
Other Insurance Related Activities35.3873580
Hospitals, State government owned35.3773560
Transportation and Warehousing35.3473510
Vocational Rehabilitation Services35.2873380
Waste Collection35.2673350
Specialty hospitals, Privately owned35.2173240
Colleges, Universities, and Professional Schools (including private, state, and local government schools)35.1773160
Power and Communication Line and Related Structures Construction35.1473090
Ambulatory Health Care Services35.1173020
Grocery and Related Product Merchant Wholesalers35.0372860
Scheduled Air Transportation35.0272840
Educational Services (including private, state, and local government schools)34.9972770
Dairy Product Manufacturing34.8972570
Air Transportation34.8572490
Services for the Elderly and Persons with Disabilities34.8372440
Other Ambulatory Health Care Services34.8272420
Utility System Construction34.6872140
Promoters of Performing Arts, Sports, and Similar Events34.6572070
Retail Trade34.5371820
Other General Purpose Machinery Manufacturing34.5171770
Nursing and Residential Care Facilities34.4871720
Accommodation and Food Services34.3171360
Traveler Accommodation34.271140
Federal, State, and Local Government34.1771080
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service34.1771080
General Medical and Surgical Hospitals, State government owned34.1471020
Religious Organizations34.1270970
Primary Metal Manufacturing34.0970910
Electronic Shopping and Mail-Order Houses34.0470790
Nonstore Retailers34.0270770
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service34.0170730
Health Care and Social Assistance (including private, state, and local government hospitals)33.9870690
Facilities Support Services33.9170540
Apparel Manufacturing33.8670430
Support Activities for Air Transportation33.8570400
Junior colleges, Local government owned33.8370360
Support Activities for Transportation33.870300
Offices of Physicians33.7770240
Home Health Care Services33.6570000
Food Manufacturing33.6469960
Hospitals (including private, state, and local government hospitals)33.669880
General Medical and Surgical Hospitals, Local government owned33.5869850
Hospitals, Local government owned33.5769830
Freight Transportation Arrangement33.5469770
Elementary and Secondary Schools (including private, state, and local government schools)33.4869640
General Medical and Surgical Hospitals (including private, state, and local government hospitals)33.4869640
Hospitals, Privately owned33.4669600
General Medical and Surgical Hospitals, Privately owned33.4369540
Community Food and Housing, and Emergency and Other Relief Services33.4169500
Local Government, excluding schools and hospitals33.2969250
Local government, including schools and hospitals33.2869210
Colleges, universities, and professional schools, State government owned33.2169080
State government, including schools and hospitals33.269060
Educational Services, State government owned33.1668970
State Government, excluding schools and hospitals33.0368700
Junior Colleges (including private, state, and local government schools)32.9268470
Nonmetallic Mineral Product Manufacturing32.968430
Social Assistance32.8668340
Educational Services, Local government owned32.7368080
Grain and Oilseed Milling32.367190
Water Transportation32.2667110
Deep Sea, Coastal, and Great Lakes Water Transportation32.2667110
Motor Vehicle Body and Trailer Manufacturing32.1166780
Truck Transportation32.0266600
Services to Buildings and Dwellings3266550
Nursing Care Facilities (Skilled Nursing Facilities)31.9766500
Electric Lighting Equipment Manufacturing31.8366210
Gambling Industries31.7866110
Business Support Services31.7866100
General Freight Trucking31.6765870
Junior colleges, State government owned31.6265770
Elementary and Secondary Schools, Local government owned31.5465590
Personal and Laundry Services31.2965080
Fruit and Vegetable Preserving and Specialty Food Manufacturing31.1664820
Individual and Family Services31.164680
Couriers and Messengers30.964270
Couriers and Express Delivery Services30.964270
Psychiatric and Substance Abuse Hospitals (including private, state, and local government hospitals)30.2462900
Clothing and Clothing Accessories Stores30.1262650
Technical and Trade Schools (including private, state, and local government schools)29.7761910
Technical and trade schools, Privately owned29.7761910
Clothing Stores29.260740
Casino Hotels28.0458330
Telephone Call Centers28.0158270
Other Schools and Instruction (including private, state, and local government schools)25.2152440
Other schools and instruction, Privately owned25.2152440

Not all industries pay the same for Financial Analysts.

One of the easiest way to increase your salary is to change industries and find a higher paying one.

Highest paying states


Another simple way to boost your pay as A Financial Analyst is to move to a higher paying state. However moving to a higher paying state like NY doesn’t mean you will make more overall. This is because the expenses at NY may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Financial Analysts are in the states of NY, VT, CA, CO and MA. The average salary in NY is $122170.

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Rank: B+
Salary: $73670

They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Rank: B+
Salary: $73670

They analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
Rank: B
Salary: $73940

They examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Rank: B
Salary: $71230

They analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Rank: B+
Salary: $68700

They research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.

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