Average Financial and Investment Analysts Salary in Cape Coral-Fort Myers, FL
In Cape Coral-Fort Myers, FL, Financial and Investment Analysts earn an average annual salary of $92,660. This figure is notably below the national average of $117,950, reflecting regional economic factors and potentially a less concentrated demand for specialized financial expertise compared to larger metropolitan hubs.
Executive Summary
- Average Salary: $92,660 per year.
- Growth Trend: Salaries have shifted 9.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,350.
- Outlook: The local market for Financial and Investment Analysts in Cape Coral-Fort Myers, FL, comprises a workforce of 490 professionals. With a Location Quotient of 0.74, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 1.631 jobs per 1,000 workers indicates a consistent, albeit moderate, employment landscape for this profession.
Salary Overview
The average Financial and Investment Analysts in Cape Coral-Fort Myers, FL earns-21.4%below the national average.
$44.6
$1,782
$7,722
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Cape Coral-Fort Myers is not provided, it is generally assumed that salaries for Financial and Investment Analysts have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the evolving complexity of financial markets, leading to incremental salary adjustments for professionals in the field.
Financial and Investment Analysts Salary Distribution in Cape Coral-Fort Myers, FL
Salary progression for Financial and Investment Analysts in Cape Coral-Fort Myers, FL, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,920 | $12.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,495 | $33.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,660 | $45.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,825 | $55.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,350 | $62.7 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$92,660
Gross Pay
Real Wage (Purchasing Power)
$92,660
Adjusted for COL (100)
The average annual salary of $92,660 for Financial and Investment Analysts in Cape Coral-Fort Myers, FL, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national average, offering a balanced financial standing for professionals residing in the area.
Job Market Context
490
Total Jobs
1.631
Per 1K Jobs
0.74
Location Quotient
Cape Coral-Fort Myers, FL has 0.74x 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.
With a Location Quotient of 0.74, the Cape Coral-Fort Myers, FL, market for Financial and Investment Analysts is less concentrated than the national average. This suggests that while opportunities exist, the job market may be less competitive in terms of the sheer number of available professionals vying for positions, potentially offering a more favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| North Port-Bradenton-Sarasota, FL Financial and Investment Analysts Salary | $99,690↑ 8% | 31 mi |
| Naples-Marco Island, FL Financial and Investment Analysts Salary | $116,150↑ 25% | 36 mi |
| North Florida nonmetropolitan area Financial and Investment Analysts Salary | $93,650↑ 1% | 80 mi |
Comparing salaries near Cape Coral-Fort Myers, FL
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Cape Coral-Fort Myers, FL?
The median annual salary for a Financial and Investment Analysts in Cape Coral-Fort Myers, FL is $92,660. This typically ranges from $25,920 for entry-level positions to $130,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Coral-Fort Myers, FL is 21.4% lower than the national median of $117,950.
Is Cape Coral-Fort Myers, FL a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to national averages.While the average salary of $92,660 is substantial, it falls below the national average of $117,950. However, the cost of living being at the national average offers good purchasing power for the salary earned.
Is Cape Coral-Fort Myers, FL a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Coral-Fort Myers, FL?
Some top paying nearby cities include North Port-Bradenton-Sarasota, FL ($99,690) and Naples-Marco Island, FL.
How does the local salary compare to the national average?
The average annual salary for Financial and Investment Analysts in Cape Coral-Fort Myers, FL, is $92,660, which is approximately 21.4% lower than the national average of $117,950.
What is the concentration of Financial and Investment Analysts in this area?
The concentration, measured by the Location Quotient, is 0.74, indicating that this profession is slightly less prevalent in Cape Coral-Fort Myers, FL, compared to the national average.
How does the cost of living affect the salary?
The cost of living in Cape Coral-Fort Myers, FL, is exactly at the national average (100). This means that the $92,660 salary has the same purchasing power as the national average salary.
What is the total number of Financial and Investment Analysts in the area?
There are approximately 490 Financial and Investment Analysts working in the Cape Coral-Fort Myers, FL, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Cape Coral-Fort Myers, FL area with a job density of 1.631 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 Cape Coral-Fort Myers, FL