How Much Do Financial Analysts Make?

Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary financial analysts make, you've come to the right place.

Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for financial analysts and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of financial analysts are offering as compensation.

Keep reading to learn more about how much financial analysts can expect to make in the United States.

At a Glance: Salary & Jobs for Financial Analysts

According to data from 2023, there were about 336,653 positions for financial analysts in the United States. In terms of salary, the national median salary for financial analysts was reported to be $99,008. Additionally, when examining job demand, employers across the country posted 166,996 job postings related to positions for financial analysts.

How Much Money Do Financial Analysts Make?

Median salary is just one data point. To build a better understanding of how much money financial analysts and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.

Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for financial analysts.

Annual Salary for Financial Analysts

According to the BLS, the lowest earners for financial analysts and related professions earned about $60,840 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $175,843 annually.

As mentioned previously, the median salary for financial analysts in the United States in 2023 was $99,008.

Hourly Salary for Financial Analysts

The BLS also breaks down compensation for financial analysts by hourly salary, and the median average hourly pay for financial analysts in 2023 was $48. Lowest hourly earners took home $29 while the highest reported hourly salaries for financial analysts was $85.

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Degree Options for Financial Analysts

Advertised Compensation for Financial Analysts

Data from the BLS is one way to dig into compensation for financial analysts, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for financial analysts.

Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™

Annual Salary from Job Postings for Financial Analysts

During a review of 191,857 job postings related to financial analysts, advertised salary was included in 69,065 of them, which was 36%. Based on those postings, the median advertised salary for financial analysts was $89,984 per year.

Hourly Salary from Job Postings for Financial Analysts

A similar analysis of job postings provides insight into advertised hourly salary for financial analysts. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for financial analysts in the United States is about $43.

Salary Trend for Financial Analysts

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for financial analysts. The chart below provides a snapshot of advertised salaries over the past three years.

Based on compensation data that was included in job postings for financial analysts dating back to September 2020, advertised salaries for financial analysts have increased 28%.

What's the Job Growth for Financial Analysts?

Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for financial analysts over the next 10 years.

According to the data obtained through Lightcast,™ there were 336,889 jobs for financial analysts in the United States in 2023. By 2033, it is expected that about 39,208 jobs will be added. That's a 11.6% increase over the next 10-year period.

Additional Links

Ready to dig deeper into career information about financial analysts? Visit our other pages focused on salary and education for financial analysts.

What do financial analysts do?
Financial Analysts: How do you become one?

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