Average Financial and Investment Analysts Salary in Binghamton, NY
The average salary for Financial and Investment Analystss in Binghamton, NY is $102,650. While this is lower than the national average, the cost of living in Binghamton, NY may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $102,650 per year.
- Growth Trend: Salaries have shifted 10.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $155,220.
- Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
Salary Overview
The average Financial and Investment Analysts in Binghamton, NY earns-13.0%below the national average.
$49.4
$1,974
$8,554
Financial and Investment Analysts Salary Trends (2020-2024)
Over the past 3 years, Financial and Investment Analysts salaries in Binghamton, NY have shown healthy growth of 10.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial and Investment Analysts Salary Distribution in Binghamton, NY
The earning potential for Financial and Investment Analystss in Binghamton, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $65,210, while highly experienced professionals can command wages upwards of $155,220.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $65,210 | $31.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,988 | $37 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,570 | $44.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $128,313 | $61.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $155,220 | $74.6 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$102,650
Gross Pay
Real Wage (Purchasing Power)
$102,650
Adjusted for COL (100)
In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $102,650 to $102,650.
Job Market Context
130
Total Jobs
1.341
Per 1K Jobs
0.61
Location Quotient
Binghamton, NY has 0.61x the national average concentration of Financial and Investment Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
130 people work as Financial and Investment Analysts in Binghamton, NY.
1.341 out of every 1,000 local jobs are Financial and Investment Analysts positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Financial and Investment Analysts Salary | $89,770↓ 13% | 39 mi |
| Elmira, NY Financial and Investment Analysts Salary | $127,300↑ 24% | 46 mi |
| Southwest New York nonmetropolitan area Financial and Investment Analysts Salary | $94,490↓ 8% | 49 mi |
| Central East New York nonmetropolitan area Financial and Investment Analysts Salary | $89,630↓ 13% | 49 mi |
| Capital/Northern New York nonmetropolitan area Financial and Investment Analysts Salary | $93,710↓ 9% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Binghamton, NY?
The median annual salary for a Financial and Investment Analysts in Binghamton, NY is $102,650. This typically ranges from $65,210 for entry-level positions to $155,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 13.0% lower than the national median of $117,950.
Is Binghamton, NY a good place for Financial and Investment Analystss?
It depends on your priorities. While the average Financial and Investment Analysts salary in Binghamton, NY is $102,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Binghamton, NY. See distinct detailed breakdown below.
Is Binghamton, NY a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($89,770) and Elmira, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Binghamton, NY area with a job density of 1.341 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 Binghamton, NY