Financial and Investment Analysts
Financial and Investment Analysts (SOC 13-2051) earn a median $102,740 a year ($49.40 an hour) in the United States, with 361,980 employed as of May 2025; the highest-paying state is Wyoming.
What financial and investment analysts do
Financial and investment analysts carry out quantitative analysis of investment programs and the financial data of public and private institutions, including the valuation of businesses. The data may come from an investment program or from the finances of a business, and the quantitative work can include placing a value on that business. Budget analysts, financial risk specialists, and sales agents for securities, commodities, and financial services are counted as separate occupations. Titles include acquisitions analyst and accounting analyst. It differs from personal financial advisors, who counsel individual clients, and from financial managers. The SOC and O*NET entries list no individual tasks for this occupation, so the emphasis on quantitative analysis is the main guide to the work, which is analysis of financial data rather than selling securities or advising individual clients.
Also called: Accounting Analyst, Acquisition Analyst, Acquisition Specialist, Acquisitions Analyst, Acquisitions Consultant.
National wage percentiles, May 2025
| Area | Basis | Percentile wage | Mean | Employment | ||||
|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||
| United States | Hourly | $30.64 | $38.12 | $49.40 | $64.11 | $86.95 | $56.15 | 361,980 |
| Annual | $63,720 | $79,290 | $102,740 | $133,340 | $180,860 | $116,800 | ||
Employment per 1,000 jobs and the location quotient are area measures; they appear in the state and metro tables below. To see what a wage in this range leaves after tax, use FastCalc's take-home pay calculator.
Where financial and investment analysts earn and work most
Five highest-paying states
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Wyoming | Hourly | $31.19 | $40.48 | $89.95 | $167.09 | $167.09 | $94.09 | 190 | 0.67 | 0.29 |
| Annual | $64,860 | $84,190 | $187,090 | $347,540 | $347,540 | $195,710 | ||||
| New York | Hourly | $37.28 | $48.83 | $61.51 | $84.13 | $108.36 | $70.49 | 52,380 | 5.41 | 2.32 |
| Annual | $77,540 | $101,570 | $127,930 | $174,990 | $225,380 | $146,620 | ||||
| Oregon | Hourly | $37.09 | $45.90 | $57.97 | $71.58 | $97.86 | $60.93 | 2,820 | 1.44 | 0.62 |
| Annual | $77,150 | $95,470 | $120,590 | $148,880 | $203,550 | $126,730 | ||||
| Massachusetts | Hourly | $37.47 | $43.36 | $53.38 | $77.66 | $98.71 | $62.35 | 14,790 | 4.07 | 1.75 |
| Annual | $77,940 | $90,190 | $111,040 | $161,530 | $205,320 | $129,680 | ||||
| Connecticut | Hourly | $36.28 | $41.92 | $52.65 | $79.46 | $102.46 | $62.04 | ** | ** | ** |
| Annual | $75,470 | $87,190 | $109,500 | $165,270 | $213,120 | $129,040 | ||||
Five states with the most jobs
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| New York | Hourly | $37.28 | $48.83 | $61.51 | $84.13 | $108.36 | $70.49 | 52,380 | 5.41 | 2.32 |
| Annual | $77,540 | $101,570 | $127,930 | $174,990 | $225,380 | $146,620 | ||||
| California | Hourly | $35.02 | $41.56 | $52.46 | $70.60 | $95.33 | $60.13 | 45,380 | 2.49 | 1.07 |
| Annual | $72,840 | $86,440 | $109,110 | $146,840 | $198,280 | $125,070 | ||||
| Texas | Hourly | $30.40 | $37.19 | $47.67 | $60.67 | $81.73 | $53.33 | 28,820 | 2.05 | 0.88 |
| Annual | $63,230 | $77,350 | $99,150 | $126,200 | $169,990 | $110,920 | ||||
| Florida | Hourly | $29.14 | $33.99 | $45.43 | $57.55 | $74.75 | $49.86 | 23,900 | 2.41 | 1.03 |
| Annual | $60,620 | $70,710 | $94,490 | $119,710 | $155,470 | $103,700 | ||||
| Illinois | Hourly | $31.11 | $37.71 | $48.65 | $61.84 | $79.85 | $53.28 | 20,520 | 3.37 | 1.45 |
| Annual | $64,700 | $78,430 | $101,180 | $128,620 | $166,090 | $110,820 | ||||
Five highest-paying metropolitan areas
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Bridgeport-Stamford-Danbury, CT | Hourly | $39.09 | $48.97 | $76.11 | $84.13 | $113.34 | $72.84 | 2,550 | 6.30 | 2.71 |
| Annual | $81,310 | $101,850 | $158,310 | $174,990 | $235,750 | $151,500 | ||||
| San Jose-Sunnyvale-Santa Clara, CA | Hourly | $44.80 | $58.61 | $69.67 | $86.13 | $105.91 | $75.64 | 3,880 | 3.42 | 1.47 |
| Annual | $93,190 | $121,920 | $144,910 | $179,150 | $220,280 | $157,340 | ||||
| Prescott Valley-Prescott, AZ | Hourly | $30.80 | $38.29 | $65.23 | $88.49 | $108.46 | $64.98 | ** | ** | ** |
| Annual | $64,070 | $79,640 | $135,680 | $184,070 | $225,610 | $135,160 | ||||
| San Francisco-Oakland-Fremont, CA | Hourly | $39.70 | $46.87 | $62.75 | $79.97 | $104.40 | $68.54 | 9,910 | 4.18 | 1.79 |
| Annual | $82,570 | $97,490 | $130,520 | $166,350 | $217,160 | $142,560 | ||||
| New York-Newark-Jersey City, NY-NJ | Hourly | $38.14 | $49.59 | $61.98 | $84.13 | $108.36 | $71.32 | 53,870 | 5.68 | 2.44 |
| Annual | $79,340 | $103,140 | $128,930 | $174,990 | $225,390 | $148,350 | ||||
Five metropolitan areas with the most jobs
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| New York-Newark-Jersey City, NY-NJ | Hourly | $38.14 | $49.59 | $61.98 | $84.13 | $108.36 | $71.32 | 53,870 | 5.68 | 2.44 |
| Annual | $79,340 | $103,140 | $128,930 | $174,990 | $225,390 | $148,350 | ||||
| Los Angeles-Long Beach-Anaheim, CA | Hourly | $32.45 | $39.90 | $49.16 | $64.50 | $87.11 | $56.12 | 19,600 | 3.13 | 1.34 |
| Annual | $67,500 | $82,990 | $102,260 | $134,150 | $181,190 | $116,730 | ||||
| Chicago-Naperville-Elgin, IL-IN | Hourly | $32.44 | $38.14 | $48.92 | $62.48 | $80.43 | $54.17 | 17,150 | 3.80 | 1.63 |
| Annual | $67,480 | $79,330 | $101,750 | $129,950 | $167,300 | $112,680 | ||||
| Boston-Cambridge-Newton, MA-NH | Hourly | $37.99 | $44.26 | $56.50 | $78.66 | $99.53 | $63.13 | 13,010 | 4.81 | 2.07 |
| Annual | $79,030 | $92,060 | $117,520 | $163,600 | $207,010 | $131,310 | ||||
| Dallas-Fort Worth-Arlington, TX | Hourly | $30.79 | $37.47 | $48.25 | $61.53 | $89.67 | $55.02 | 11,530 | 2.85 | 1.22 |
| Annual | $64,040 | $77,930 | $100,350 | $127,970 | $186,510 | $114,440 | ||||
Top industries employing financial and investment analysts
Securities, Commodity Contracts, and Other Financial Investments and Related Activities employ 24.7% of financial and investment analysts nationally (89,390 jobs) at a median $124,370 a year ($59.79 an hour), followed by Management of Companies and Enterprises (12.4%) and Credit Intermediation and Related Activities (5221 and 5223 only) (9.6%).
| Industry | Employment | Share of occupation | Median annual | Median hourly |
|---|---|---|---|---|
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities NAICS 523000 | 89,390 | 24.7% | $124,370 | $59.79 |
| Management of Companies and Enterprises NAICS 551100 | 44,850 | 12.4% | $101,760 | $48.92 |
| Credit Intermediation and Related Activities (5221 and 5223 only) NAICS 5220A1 | 34,660 | 9.6% | $100,700 | $48.41 |
| Management, Scientific, and Technical Consulting Services NAICS 541600 | 23,080 | 6.4% | $97,190 | $46.72 |
| Insurance Carriers NAICS 524100 | 13,170 | 3.6% | $98,420 | $47.32 |
Share is the industry's employment over the occupation's national employment (361,980). Industries whose employment BLS withheld are not ranked.
Published medians, May 2021 to May 2025
BLS published a median annual wage of $91,580 for financial and investment analysts in May 2021 and $102,740 in May 2025, with employment of 291,880 and 361,980.
| Release | Median annual | Median hourly | Employment |
|---|---|---|---|
| May 2021 | $91,580 | $44.03 | 291,880 |
| May 2022 | $95,080 | $45.71 | 291,370 |
| May 2023 | $99,010 | $47.60 | 325,220 |
| May 2024 | $101,350 | $48.73 | 340,580 |
| May 2025 | $102,740 | $49.40 | 361,980 |
BLS does not design OEWS as a time series: each release pools three years of samples, and occupational classifications, area definitions and estimation methods change between releases, so a difference between two releases is not a measure of change over time. The figures are shown as published, side by side, and nothing is computed from them. See how often OEWS is updated.
Every state, by median wage
51 states and DC publish a row for this occupation. A linked state has its own page with the within-state metro table and comparison; the others appear here only.
| Rank | State | Median hourly | Median annual | 10th pct (annual) | 90th pct (annual) | Employment | Jobs per 1,000 | Location quotient |
|---|---|---|---|---|---|---|---|---|
| 1 | Wyoming profile | $89.95 | $187,090 | $64,860 | $347,540 | 190 | 0.67 | 0.29 |
| 2 | New York profile | $61.51 | $127,930 | $77,540 | $225,380 | 52,380 | 5.41 | 2.32 |
| 3 | Oregon profile | $57.97 | $120,590 | $77,150 | $203,550 | 2,820 | 1.44 | 0.62 |
| 4 | Massachusetts profile | $53.38 | $111,040 | $77,940 | $205,320 | 14,790 | 4.07 | 1.75 |
| 5 | Connecticut profile | $52.65 | $109,500 | $75,470 | $213,120 | ** | ** | ** |
| 6 | California profile | $52.46 | $109,110 | $72,840 | $198,280 | 45,380 | 2.49 | 1.07 |
| 7 | New Jersey profile | $52.22 | $108,610 | $71,650 | $179,770 | 10,380 | 2.42 | 1.04 |
| 8 | Washington profile | $51.54 | $107,210 | $64,810 | $167,790 | 8,820 | 2.48 | 1.07 |
| 9 | District of Columbia profile | $50.86 | $105,780 | $67,620 | $207,330 | 3,670 | 5.23 | 2.24 |
| 10 | Virginia profile | $50.72 | $105,490 | $67,540 | $176,690 | 10,410 | 2.53 | 1.09 |
| 11 | Colorado profile | $49.93 | $103,850 | $71,590 | $171,570 | 8,040 | 2.80 | 1.20 |
| 12 | Minnesota profile | $49.52 | $102,990 | $65,290 | $161,580 | 7,450 | 2.53 | 1.09 |
| 13 | North Carolina profile | $49.22 | $102,390 | $61,670 | $167,250 | 12,710 | 2.57 | 1.10 |
| 14 | Alaska profile | $49.16 | $102,240 | $68,170 | $237,230 | 190 | 0.59 | 0.25 |
| 15 | Delaware profile | $48.94 | $101,800 | $68,530 | $168,450 | 2,290 | 4.71 | 2.02 |
| 16 | Illinois profile | $48.65 | $101,180 | $64,700 | $166,090 | 20,520 | 3.37 | 1.45 |
| 17 | Idaho profile | $48.48 | $100,830 | $61,660 | $145,670 | 680 | 0.79 | 0.34 |
| 18 | Rhode Island profile | $48.34 | $100,550 | $63,050 | $175,270 | 1,790 | 3.57 | 1.53 |
| 19 | Maryland profile | $48.26 | $100,370 | $64,690 | $183,320 | 5,360 | 1.94 | 0.83 |
| 20 | Georgia profile | $47.80 | $99,420 | $66,140 | $167,700 | 9,780 | 2.00 | 0.86 |
| 21 | Montana profile | $47.69 | $99,190 | $59,000 | $165,100 | 440 | 0.86 | 0.37 |
| 22 | South Dakota profile | $47.67 | $99,150 | $55,010 | $239,700 | 820 | 1.80 | 0.77 |
| 23 | Texas profile | $47.67 | $99,150 | $63,230 | $169,990 | 28,820 | 2.05 | 0.88 |
| 24 | Vermont profile | $47.64 | $99,090 | $68,710 | $186,570 | 230 | 0.75 | 0.32 |
| 25 | Missouri profile | $47.32 | $98,420 | $60,500 | $160,540 | 4,430 | 1.51 | 0.65 |
| 26 | Wisconsin profile | $45.95 | $95,570 | $61,900 | $152,460 | 5,430 | 1.85 | 0.79 |
| 27 | Michigan profile | $45.88 | $95,420 | $63,180 | $154,230 | 7,400 | 1.68 | 0.72 |
| 28 | Hawaii profile | $45.50 | $94,640 | $63,080 | $138,830 | 600 | 0.95 | 0.41 |
| 29 | Florida profile | $45.43 | $94,490 | $60,620 | $155,470 | 23,900 | 2.41 | 1.03 |
| 30 | Ohio profile | $45.33 | $94,280 | $57,870 | $142,420 | 9,760 | 1.76 | 0.76 |
| 31 | South Carolina profile | $45.03 | $93,670 | $58,420 | $157,700 | 3,600 | 1.56 | 0.67 |
| 32 | Arizona profile | $44.97 | $93,540 | $62,340 | $161,870 | 5,940 | 1.84 | 0.79 |
| 33 | Tennessee profile | $44.71 | $92,990 | $50,130 | $140,870 | 4,910 | 1.50 | 0.64 |
| 34 | Iowa profile | $44.41 | $92,370 | $62,310 | $135,890 | 2,000 | 1.29 | 0.55 |
| 35 | Utah profile | $43.93 | $91,370 | $57,390 | $154,230 | 4,510 | 2.60 | 1.12 |
| 36 | Alabama profile | $43.89 | $91,290 | $52,200 | $157,320 | 3,410 | 1.62 | 0.69 |
| 37 | Maine profile | $42.46 | $88,320 | $64,110 | $133,270 | 710 | 1.11 | 0.48 |
| 38 | New Mexico profile | $42.13 | $87,630 | $63,630 | $143,660 | 930 | 1.07 | 0.46 |
| 39 | Nebraska profile | $41.02 | $85,320 | $64,380 | $127,170 | ** | ** | ** |
| 40 | Kansas profile | $40.80 | $84,860 | $58,680 | $128,750 | 1,870 | 1.30 | 0.56 |
| 41 | Pennsylvania profile | $40.61 | $84,460 | $57,260 | $155,320 | 13,310 | 2.19 | 0.94 |
| 42 | Nevada profile | $40.11 | $83,430 | $62,460 | $125,010 | 1,830 | 1.18 | 0.51 |
| 43 | New Hampshire profile | $39.67 | $82,520 | $48,660 | $160,010 | 580 | 0.85 | 0.36 |
| 44 | Indiana profile | $39.31 | $81,760 | $55,550 | $127,550 | 3,680 | 1.15 | 0.49 |
| 45 | Kentucky profile | $39.26 | $81,660 | $49,930 | $136,480 | 2,460 | 1.23 | 0.53 |
| 46 | Arkansas profile | $38.99 | $81,110 | $48,850 | $137,210 | 1,390 | 1.07 | 0.46 |
| 47 | Oklahoma profile | $38.29 | $79,640 | $53,260 | $138,910 | 1,550 | 0.91 | 0.39 |
| 48 | Mississippi profile | $38.26 | $79,580 | $50,290 | $132,440 | 720 | 0.62 | 0.26 |
| 49 | North Dakota profile | $37.58 | $78,170 | $51,680 | $131,520 | 300 | 0.69 | 0.30 |
| 50 | Louisiana profile | $36.38 | $75,680 | $49,550 | $132,230 | 1,450 | 0.75 | 0.32 |
| 51 | West Virginia profile | $33.19 | $69,030 | $47,340 | $119,240 | 400 | 0.58 | 0.25 |
Related occupations
Occupations in the same SOC broad group (13-2050), with their national median annual wage.
Part of Business and Financial Operations Occupations. Compare any area in the wage explorer.
Source and notes
Data: BLS OEWS May 2025, released 2026-05-15. Cross-industry estimates, all ownerships. BLS page: OEWS 13-2051 Financial and Investment Analysts.
**- Employment estimate not available.
- Annual wages assume 2,080 hours a year at the hourly rate; occupations BLS publishes on one basis only show an en dash (–) on the other.
- Employment is rounded to the nearest 10 by BLS. Where BLS withholds a cell, nothing is estimated in its place.
- Top industries: nat4d_M2025_dl.xlsx in oesm25in4.zip (BLS OEWS May 2025, national, 4-digit NAICS, cross-ownership). Employment is the industry's rounded total for this occupation; industries whose employment BLS withheld (**) are not ranked.
- Published medians: national_M2021_dl.xlsx to national_M2024_dl.xlsx in oesm21nat.zip to oesm24nat.zip (BLS OEWS May 2021 to May 2024, national, cross-industry, all ownerships) and the May 2025 spine. Each release is shown as published; nothing is computed between them.
Sources
- BLS Standard Occupational Classification 2018, definition of 13-2051, U.S. Bureau of Labor Statistics (public domain).
- O*NET 30.1 Database, 13-2051.00, National Center for O*NET Development, USDOL/ETA (CC BY 4.0).
- OEWS May 2025 national industry-specific estimates, 4-digit NAICS (oesm25in4.zip), US Bureau of Labor Statistics (public domain).
- OEWS May 2021 national estimates (oesm21nat.zip), US Bureau of Labor Statistics (public domain).
- OEWS May 2022 national estimates (oesm22nat.zip), US Bureau of Labor Statistics (public domain).
- OEWS May 2023 national estimates (oesm23nat.zip), US Bureau of Labor Statistics (public domain).
- OEWS May 2024 national estimates (oesm24nat.zip), US Bureau of Labor Statistics (public domain).
- OEWS May 2025 national estimates (oesm25nat.zip), the site's data spine, US Bureau of Labor Statistics (public domain).
Includes information from O*NET 30.1 Database by the U.S. Department of Labor, Employment and Training Administration, used under the CC BY 4.0 license.
Description written 2026-10-17 in our own words from the sources above.