Finance Analyst Salary (United States)

Slightly less than two-thirds of Finance Analysts are relatively junior in their careers, reporting less than five years' experience and an average income of $56,851 annually. Compensation starts at $38,605 and can reach $79,945 per year. Geographic location and career length each impact pay for this group, with the former having the largest influence. A strong majority report receiving medical coverage from their employers and most collect dental insurance. Women are just slightly outnumbered in the field, with male Finance Analysts making up 58 percent of workers. The majority of workers are highly satisfied with their job. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Finance Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$39,183 - $77,315
(Median)
39K
47K
56K
67K
77K
MEDIAN: $56,317
10%
25%
50%
75%
90%
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Finance Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.45 - $28.77
(Median)
14
20
25
29
MEDIAN: $20
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$39,183 - $77,315  
   
Bonus
$0.00 - $9,841  
Profit Sharing
$195.74 - $7,946  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,605 - $79,945  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 722
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18$36$54
Hourly Rate
$14.45 - $28.77  
   
Overtime
$10.85 - $53.28  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $9,841  
   
Profit Sharing
$195.74 - $7,946  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,605 - $79,945  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 61
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Job Description for Finance Analyst

  • Create reports, presentations and other communicative devices to convey data and recommendations.
  • Oversee audits and make recommendations based on findings.
  • Identify metrics, analyze data, create models and forecasts and update existing analyses.
  • Reconcile data, research root causes for discrepancies and assist in updating processes.

Common Career Paths for Finance Analyst

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Compensation usually increases greatly for Finance Analysts who advance in their career. Upper-end positions like Finance Manager may make an additional $26K per year than lower-end positions. Senior Financial Analysts or Senior Finance Analysts are common next-step roles for Finance Analysts moving up in the field, where annual pay increases by $17,196 or $14,631, respectively.

Finance Analyst Job Listings

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Popular Skills for Finance Analyst

Finance Analysts report using a diverse set of skills on the job. Most notably, skills in Financial Modeling, Financial Analysis, Budgeting, and Accounting are correlated to pay that is above average, with boosts of 16 percent, 4 percent, 4 percent, and 4 percent, respectively. It is often found that people who know Financial Analysis are also skilled in Financial Reporting.

Pay by Experience Level for Finance Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries start at $55K, which grows to $65K after five to 10 years. Earnings total $69,981 after one to two decades. For Finance Analysts, two decades of experience in the field often means a drop in salary—average earnings fall to $63K. Experienced employees who have 10-20 years of experience make up 11 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 13 percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. Between one and nine years is the typical spectrum of experience for those in this line of work—of those who took the survey, most land within it.

Pay Difference By Location

up arrow 24%
San Jose
up arrow 21%
up arrow 17%
San Diego
up arrow 15%
up arrow 12%
San Francisco
up arrow 11%
up arrow 6%
National Average
$57,000
Atlanta
up arrow 1%
Washington
up arrow 1%
Denver
up arrow 6%
up arrow 9%
Phoenix
up arrow 9%
Philadelphia
up arrow 18%
Cleveland
up arrow 30%
Larger circles over a city indicate a job is popular in that location.
Finance Analysts will find that Houston offers an impressive pay rate, one which exceeds the national average by 24 percent. Those in search of high salaries should also consider checking out cities like San Jose, Seattle, San Diego, and New York, top-paying markets where Finance Analysts rake in more than the national norm (+21 percent, +17 percent, +15 percent, and +12 percent). Finance Analysts in Cleveland earn salaries far below the national average by 30 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around -18 percent in Philadelphia and -9 percent in Boston, below-median salaries for those in this field.

Related Job Salaries

Experience Affects Finance Analyst Salaries

National Average
$57,000

Skills That Affect Finance Analyst Salaries

Financial Modeling
up arrow 16%
Financial Analysis
up arrow 4%
Budgeting
up arrow 4%
Accounting
up arrow 3%
Financial Reporting
up arrow 2%
Microsoft Excel
up arrow 1%
National Average
$57,000
Microsoft Access
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 188 votes.

Gender

Female
42%
female alumni
 
Male
58%
male alumni

Years of Experience

Less than 1 year
13%
1-4 years
50%
5-9 years
22%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 9%
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