Average Financial and Investment Analysts Salary in Augusta-Richmond County, GA-SC
In Augusta-Richmond County, GA-SC, Financial and Investment Analysts earn an average annual salary of $100,620. This figure is notably below the national average of $117,950, reflecting the specific economic dynamics and demand within this particular metropolitan area. Localized market conditions, industry concentration, and the overall cost of doing business significantly influence compensation levels for these specialized roles.
Executive Summary
- Average Salary: $100,620 per year.
- Growth Trend: Salaries have shifted 7.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,430.
- Outlook: The Financial and Investment Analyst job market in Augusta-Richmond County, GA-SC, is characterized by a modest workforce of 220 professionals. With a Location Quotient of 0.43, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to larger economic hubs. The presence of nearly one job per thousand workers (0.952) indicates a steady, albeit not explosive, presence of these analytical positions within the local economy.
Salary Overview
The average Financial and Investment Analysts in Augusta-Richmond County, GA-SC earns-14.7%below the national average.
$48.4
$1,935
$8,385
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Augusta-Richmond County is not provided, it is generally assumed that the field of Financial and Investment Analysis has experienced consistent growth over the past four years, driven by evolving market complexities and the increasing need for data-driven financial strategies. This national trend likely translates to stable or increasing salary expectations for analysts in Augusta, even if the local rate remains below the national benchmark.
Financial and Investment Analysts Salary Distribution in Augusta-Richmond County, GA-SC
Salary progression for Financial and Investment Analysts in Augusta-Richmond County, GA-SC, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries well into the higher percentiles. The gap between entry-level and senior roles highlights the substantial career growth and earning potential available through dedicated development and expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,170 | $30.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,465 | $36.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,800 | $39.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,775 | $60.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $163,430 | $78.6 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$100,620
Gross Pay
Real Wage (Purchasing Power)
$100,620
Adjusted for COL (100)
The average annual salary of $100,620 in Augusta-Richmond County, GA-SC, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an analyst's salary in Augusta is equivalent to the national average, offering a balanced financial environment where the nominal income effectively covers standard living expenses without significant strain or advantage compared to the rest of the country.
Job Market Context
220
Total Jobs
0.952
Per 1K Jobs
0.43
Location Quotient
At 0.43x, Augusta-Richmond County, GA-SC has a notably lower concentration of Financial and Investment Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.43 for Financial and Investment Analysts in Augusta-Richmond County, GA-SC, signifies that this profession is less concentrated than the national average. This suggests that the job market may be less competitive in terms of the sheer number of available analysts relative to other professions, but it also implies that the demand for these specialized skills might be more niche or less widespread compared to national trends.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Northwestern South Carolina nonmetropolitan area Financial and Investment Analysts Salary | $110,000↑ 9% | 73 mi |
| Northeastern South Carolina nonmetropolitan area Financial and Investment Analysts Salary | $87,810↓ 13% | 73 mi |
| Columbia, SC Financial and Investment Analysts Salary | $101,120↑ 0% | 82 mi |
| Athens-Clarke County, GA Financial and Investment Analysts Salary | $89,540↓ 11% | 85 mi |
Comparing salaries near Augusta-Richmond County, GA-SC
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Frequently Asked Questions
How much does a Financial and Investment Analysts make in Augusta-Richmond County, GA-SC?
The median annual salary for a Financial and Investment Analysts in Augusta-Richmond County, GA-SC is $100,620. This typically ranges from $64,170 for entry-level positions to $163,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Augusta-Richmond County, GA-SC is 14.7% lower than the national median of $117,950.
Is Augusta-Richmond County, GA-SC a lucrative place for Financial and Investment Analysts?
No, it is not as lucrative as the national average.While the average salary of $100,620 is substantial, it falls below the national average of $117,950. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Augusta-Richmond County, GA-SC a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Augusta-Richmond County, GA-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Augusta-Richmond County, GA-SC?
Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($110,000) and Northeastern South Carolina nonmetropolitan area.
How does the Augusta-Richmond County salary compare to the national average?
The average salary for Financial and Investment Analysts in Augusta-Richmond County, GA-SC is $100,620, which is lower than the national average of $117,950.
What is the concentration of Financial and Investment Analysts in Augusta-Richmond County, GA-SC?
The concentration, measured by the Location Quotient, is 0.43, indicating that this profession is less common in Augusta-Richmond County compared to the national average.
How does the cost of living affect the salary in Augusta-Richmond County, GA-SC?
The cost of living index is 100, which is the national average. This means the $100,620 salary has the same purchasing power in Augusta as the national average salary does nationally.
What is the total workforce of Financial and Investment Analysts in Augusta-Richmond County, GA-SC?
There are approximately 220 Financial and Investment Analysts working in Augusta-Richmond County, GA-SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Augusta-Richmond County, GA-SC area with a job density of 0.952 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial and Investment Analysts • Data source: BLS OEWS 2024 •Jobs in Augusta-Richmond County, GA-SC