Average Financial and Investment Analysts Salary in Baltimore-Columbia-Towson, MD
In the Baltimore-Columbia-Towson, MD metropolitan area, Financial and Investment Analysts earn an average annual salary of $114,490. This figure is slightly below the national average of $117,950, suggesting a competitive but not premium compensation landscape. Local economic factors and the specific demand within the region likely contribute to this pay scale.
Executive Summary
- Average Salary: $114,490 per year.
- Growth Trend: Salaries have shifted 4.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $171,900.
- Outlook: The Baltimore-Columbia-Towson area supports a robust workforce of 3,080 Financial and Investment Analysts. With a Location Quotient of 1.04, the concentration of these professionals is marginally higher than the national average, indicating a stable and established demand for their expertise within the local job market.
Salary Overview
The average Financial and Investment Analysts in Baltimore-Columbia-Towson, MD earns-2.9%below the national average.
$55
$2,202
$9,541
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the demand for skilled Financial and Investment Analysts has seen consistent growth over the past four years, mirroring national trends. This sustained interest typically translates to incremental salary increases and a dynamic job market for experienced professionals in the Baltimore-Columbia-Towson region.
Financial and Investment Analysts Salary Distribution in Baltimore-Columbia-Towson, MD
Salary progression for Financial and Investment Analysts in Baltimore-Columbia-Towson is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior analysts with extensive experience and specialized skills can expect to earn substantially more, often reaching into the upper percentiles of the salary range. The widening gap between entry-level and senior salaries reflects the value placed on expertise and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,290 | $29.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,868 | $41.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,220 | $47.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $143,113 | $68.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $171,900 | $82.6 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$114,490
Gross Pay
Real Wage (Purchasing Power)
$114,490
Adjusted for COL (100)
The average annual salary of $114,490 in Baltimore-Columbia-Towson aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Financial and Investment Analyst's salary in this region is equivalent to the national average, providing a stable financial footing for residents.
Job Market Context
3,080
Total Jobs
2.297
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Baltimore-Columbia-Towson, MD has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.
A Location Quotient of 1.04 for Financial and Investment Analysts in Baltimore-Columbia-Towson signifies a job market that is slightly more concentrated than the national average. This suggests a healthy and competitive environment where employers actively seek these specialized skills, offering ample opportunities for both new entrants and seasoned professionals.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Financial and Investment Analysts Salary | $95,110↓ 17% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Financial and Investment Analysts Salary | $124,330↑ 9% | 35 mi |
| York-Hanover, PA Financial and Investment Analysts Salary | $83,470↓ 27% | 47 mi |
| Lancaster, PA Financial and Investment Analysts Salary | $97,960↓ 14% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Financial and Investment Analysts in Baltimore-Columbia-Towson, MD is $114,490. This typically ranges from $62,290 for entry-level positions to $171,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 2.9% lower than the national median of $117,950.
Is Baltimore-Columbia-Towson, MD a lucrative place for Financial and Investment Analysts?
Yes, it offers competitive compensation.Financial and Investment Analysts in Baltimore-Columbia-Towson earn an average of $114,490, which is very close to the national average. Coupled with a national average cost of living, this makes the area financially attractive for these professionals.
Is Baltimore-Columbia-Towson, MD a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($95,110) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
What is the average salary for a Financial and Investment Analyst in Baltimore-Columbia-Towson, MD?
The average annual salary for a Financial and Investment Analyst in the Baltimore-Columbia-Towson, MD metropolitan area is $114,490.
How does the Baltimore-Columbia-Towson salary compare to the national average?
The average salary in Baltimore-Columbia-Towson ($114,490) is slightly lower than the national average of $117,950.
Is the cost of living high in Baltimore-Columbia-Towson, MD?
No, the cost of living in Baltimore-Columbia-Towson, MD is at the national average, indicated by a Cost of Living Index of 100.
How concentrated is the job market for Financial and Investment Analysts in this area?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.04, suggesting a stable demand for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,080 employees in the Baltimore-Columbia-Towson, MD area with a job density of 2.297 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 Baltimore-Columbia-Towson, MD