Average Financial and Investment Analysts Salary in Boston-Cambridge-Newton, MA-NH
Financial and Investment Analysts in the Boston-Cambridge-Newton, MA-NH area command an impressive average annual salary of $133,690, significantly outpacing the national average of $117,950. This elevated compensation is largely driven by the region's robust financial sector, concentration of major investment firms, and demand for specialized financial expertise.
Executive Summary
- Average Salary: $133,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,210.
- Outlook: With a substantial local workforce of 15,880 Financial and Investment Analysts, the Boston-Cambridge-Newton area demonstrates a strong and established presence in this field. The Location Quotient of 2.66 indicates a significantly higher concentration of these professionals compared to the national average, suggesting robust demand and a dynamic job market for skilled analysts.
Salary Overview
The average Financial and Investment Analysts in Boston-Cambridge-Newton, MA-NH earns+13.3%above the national average.
$64.3
$2,571
$11,141
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that the average salary for Financial and Investment Analysts in Boston-Cambridge-Newton has experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing market complexity, evolving investment strategies, and a persistent demand for financial acumen likely contribute to this upward salary trajectory.
Financial and Investment Analysts Salary Distribution in Boston-Cambridge-Newton, MA-NH
Salary progression for Financial and Investment Analysts in Boston-Cambridge-Newton typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles clearly signifies substantial career growth and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,900 | $36.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $100,268 | $48.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $110,450 | $53.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $167,113 | $80.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,210 | $100.1 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$133,690
Gross Pay
Real Wage (Purchasing Power)
$133,690
Adjusted for COL (100)
The nominal average annual salary of $133,690 in Boston-Cambridge-Newton is particularly attractive when juxtaposed with a Cost of Living Index of 100, which is precisely the national average. This means that the higher earnings translate directly into strong purchasing power, allowing analysts to maintain a comfortable lifestyle without the financial strain often associated with high-paying, high-cost-of-living metropolitan areas.
Job Market Context
15,880
Total Jobs
5.865
Per 1K Jobs
2.66
Location Quotient
Boston-Cambridge-Newton, MA-NH has 2.7x the national concentration of Financial and Investment Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.66 for Financial and Investment Analysts in Boston-Cambridge-Newton signifies a highly concentrated talent pool and a market that is more than twice as dense as the national average. This indicates a competitive yet abundant job market, where employers actively seek specialized talent and professionals have numerous opportunities within a thriving financial ecosystem.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Financial and Investment Analysts Salary | $103,760↓ 22% | 37 mi |
| Providence-Warwick, RI-MA Financial and Investment Analysts Salary | $117,340↓ 12% | 38 mi |
| Manchester-Nashua, NH Financial and Investment Analysts Salary | $91,240↓ 32% | 50 mi |
| Barnstable Town, MA Financial and Investment Analysts Salary | $107,030↓ 20% | 59 mi |
Comparing salaries near Boston-Cambridge-Newton, MA-NH
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Frequently Asked Questions
How much does a Financial and Investment Analysts make in Boston-Cambridge-Newton, MA-NH?
The median annual salary for a Financial and Investment Analysts in Boston-Cambridge-Newton, MA-NH is $133,690. This typically ranges from $75,900 for entry-level positions to $208,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boston-Cambridge-Newton, MA-NH is 13.3% higher than the national median of $117,950.
Is Boston-Cambridge-Newton, MA-NH a lucrative place for Financial and Investment Analysts?
Yes, it is a highly lucrative area for Financial and Investment Analysts.The average salary of $133,690 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Boston-Cambridge-Newton, MA-NH a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?
Some top paying nearby cities include Worcester, MA ($103,760) and Providence-Warwick, RI-MA.
How does the number of Financial and Investment Analysts in Boston compare to the national average?
Boston-Cambridge-Newton has 5.865 Financial and Investment Analysts per 1,000 workers, which is substantially higher than the national average, indicating a strong local concentration.
What is the significance of the Location Quotient (LQ) for this role in Boston?
An LQ of 2.66 means the concentration of Financial and Investment Analysts in Boston is 2.66 times higher than the national average, signaling a specialized and robust job market.
Does the cost of living in Boston impact the real value of the salary?
No, the cost of living in Boston-Cambridge-Newton is exactly at the national average (100), meaning the higher salary of $133,690 offers strong real value and purchasing power.
What does the total local workforce number imply for job seekers?
A total local workforce of 15,880 suggests a large and established market for Financial and Investment Analysts, offering numerous potential employers and opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,880 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 5.865 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 Boston-Cambridge-Newton, MA-NH