How Much Do Quantitative Model 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 quantitative model 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 quantitative model 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 quantitative model analysts are offering as compensation.

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

At a Glance: Salary & Jobs for Quantitative Model Analysts

According to data from 2022, there were about 137,008 positions for quantitative model analysts in the United States. In terms of salary, the national median salary for quantitative model analysts was reported to be $73,798. Additionally, when examining job demand, employers across the country posted 12,324 job postings related to positions for quantitative model analysts.

How Much Money Do Quantitative Model Analysts Make?

Median salary is just one data point. To build a better understanding of how much money quantitative model 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 quantitative model analysts.

Annual Salary for Quantitative Model Analysts

According to the BLS, the lowest earners for quantitative model analysts and related professions earned about $38,334 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $133,078 annually.

As mentioned previously, the median salary for quantitative model analysts in the United States in 2022 was $73,798.

Hourly Salary for Quantitative Model Analysts

The BLS also breaks down compensation for quantitative model analysts by hourly salary, and the median average hourly pay for quantitative model analysts in 2022 was $35. Lowest hourly earners took home $18 while the highest reported hourly salaries for quantitative model analysts was $64.

Top Online College For Working Adults

Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.

Degree Options for Quantitative Model Analysts

Advertised Compensation for Quantitative Model Analysts

Data from the BLS is one way to dig into compensation for quantitative model 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 quantitative model 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 Quantitative Model Analysts

During a review of 16,200 job postings related to quantitative model analysts, advertised salary was included in 4,121 of them, which was 25%. Based on those postings, the median advertised salary for quantitative model analysts was $89,984 per year.

Hourly Salary from Job Postings for Quantitative Model Analysts

A similar analysis of job postings provides insight into advertised hourly salary for quantitative model analysts. Based on 33% of postings with advertised compensation, the median hourly salary for open positions for quantitative model analysts in the United States is about $43.

Salary Trend for Quantitative Model Analysts

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for quantitative model 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 quantitative model analysts dating back to September 2019, advertised salaries for quantitative model analysts have increased 76%.

What's the Job Growth for Quantitative Model 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 quantitative model analysts over the next 10 years.

According to the data obtained through Lightcast,™ there were 137,133 jobs for quantitative model analysts in the United States in 2022. By 2032, it is expected that about 15,764 jobs will be added. That's a 11.5% increase over the next 10-year period.

Additional Links

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

What do quantitative model analysts do?
Quantitative Model Analysts: How do you become one?

All Occupations

The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.

View Other Occupations