Average Financial and Investment Analysts Salary in Chattanooga, TN-GA
Financial and Investment Analysts in Chattanooga, TN-GA earn an average annual salary of $94,170. This figure is notably below the national average of $117,950, reflecting a localized compensation structure influenced by regional economic factors and industry demand within the Chattanooga metropolitan area.
Executive Summary
- Average Salary: $94,170 per year.
- Growth Trend: Salaries have shifted 8.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,600.
- Outlook: The Financial and Investment Analyst job market in Chattanooga, TN-GA, while not as concentrated as the national average with a Location Quotient of 0.41, still supports a dedicated local workforce of 240 professionals. The presence of nearly one job per thousand workers (0.908) indicates a stable, albeit not rapidly expanding, demand for these specialized financial roles within the region.
Salary Overview
The average Financial and Investment Analysts in Chattanooga, TN-GA earns-20.2%below the national average.
$45.3
$1,811
$7,848
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Chattanooga's Financial and Investment Analyst salaries is not provided, it is reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic growth, evolving market complexities, and increasing demand for financial expertise typically drive salary increases for these professionals, even in localized markets.
Financial and Investment Analysts Salary Distribution in Chattanooga, TN-GA
Salary progression for Financial and Investment Analysts in Chattanooga, TN-GA, is significantly tied to experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive expertise and a proven track record can expect compensation well above the average. The percentile distribution of salaries would typically show a widening gap from junior to senior roles, signifying substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,720 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,628 | $34 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,210 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $117,713 | $56.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $134,600 | $64.7 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$94,170
Gross Pay
Real Wage (Purchasing Power)
$94,170
Adjusted for COL (100)
The average annual salary of $94,170 for Financial and Investment Analysts in Chattanooga, TN-GA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for professionals considering relocation to the area.
Job Market Context
240
Total Jobs
0.908
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Chattanooga, TN-GA 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.
With a Location Quotient of 0.41, the Financial and Investment Analyst job market in Chattanooga, TN-GA, is less concentrated than the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a competitive edge for skilled analysts seeking employment. The lower concentration indicates that employers may need to actively recruit to fill specialized financial roles.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Dalton, GA Financial and Investment Analysts Salary | $88,840↓ 6% | 26 mi |
| Huntsville, AL Financial and Investment Analysts Salary | $114,620↑ 22% | 83 mi |
Comparing salaries near Chattanooga, TN-GA
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Chattanooga, TN-GA?
The median annual salary for a Financial and Investment Analysts in Chattanooga, TN-GA is $94,170. This typically ranges from $44,720 for entry-level positions to $134,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chattanooga, TN-GA is 20.2% lower than the national median of $117,950.
Is Chattanooga, TN-GA a lucrative place for Financial and Investment Analysts?
No, not compared to the national average.While the average salary of $94,170 is substantial, it falls significantly below the national average of $117,950 for Financial and Investment Analysts. However, the cost of living matching the national average provides some financial stability.
Is Chattanooga, TN-GA a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chattanooga, TN-GA?
Some top paying nearby cities include Dalton, GA ($88,840) and Huntsville, AL.
What is the total number of Financial and Investment Analysts in Chattanooga, TN-GA?
There are approximately 240 Financial and Investment Analysts working within the Chattanooga, TN-GA metropolitan area.
How does the concentration of Financial and Investment Analysts in Chattanooga compare nationally?
The concentration, measured by the Location Quotient, is 0.41, which is less than half of the national average, indicating a lower density of these professionals in Chattanooga.
What does a Cost of Living Index of 100 mean for Chattanooga, TN-GA?
A Cost of Living Index of 100 signifies that the overall cost of goods and services in Chattanooga is exactly the same as the national average.
Are there many job openings for Financial and Investment Analysts in Chattanooga?
With 0.908 jobs per 1,000 workers, the availability of Financial and Investment Analyst positions is present but not exceptionally high, suggesting a steady but not booming job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Chattanooga, TN-GA area with a job density of 0.908 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 Chattanooga, TN-GA