Average Financial and Investment Analysts Salary in Columbus, OH
In Columbus, OH, Financial and Investment Analysts earn an average annual salary of $105,340. This figure is slightly below the national average of $117,950, indicating a localized compensation structure influenced by regional economic factors and industry demand within Ohio's capital. The specific economic landscape and the concentration of financial services firms in the Columbus metropolitan area play a significant role in shaping this salary benchmark.
Executive Summary
- Average Salary: $105,340 per year.
- Growth Trend: Salaries have shifted 27.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,630.
- Outlook: The Columbus, OH job market for Financial and Investment Analysts appears stable, with a total local workforce of 2,440 professionals. The Location Quotient of 1.02 suggests a concentration of these roles that is very close to the national average, implying a balanced demand and supply dynamic. With 2.248 jobs per 1,000 workers, the presence of these analysts is consistent with national employment patterns, indicating a steady need for their expertise within the region.
Salary Overview
The average Financial and Investment Analysts in Columbus, OH earns-10.7%below the national average.
$50.6
$2,026
$8,778
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Financial and Investment Analysts in Columbus, OH, has experienced growth over the past four years, mirroring national trends. Economic expansion, evolving market complexities, and increased demand for sophisticated financial analysis likely contribute to upward pressure on compensation, reflecting a maturing and developing job market for these professionals.
Financial and Investment Analysts Salary Distribution in Columbus, OH
The career trajectory for Financial and Investment Analysts in Columbus, OH, typically involves significant salary progression with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn considerably more, potentially reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries signifies robust opportunities for career advancement and increased earning potential as analysts gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,550 | $30.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,005 | $38 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,480 | $46.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,675 | $63.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $163,630 | $78.7 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$105,340
Gross Pay
Real Wage (Purchasing Power)
$105,340
Adjusted for COL (100)
A nominal salary of $105,340 in Columbus, OH, holds its value effectively, given the local Cost of Living Index is precisely at the national average of 100. This means that the purchasing power of an analyst's salary in Columbus is comparable to the national standard, allowing for a similar lifestyle without the financial strain often associated with higher cost-of-living areas. Consequently, the reported average salary offers a solid standard of living within the Columbus economic environment.
Job Market Context
2,440
Total Jobs
2.248
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Columbus, OH has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.
With a Location Quotient of 1.02, the job market for Financial and Investment Analysts in Columbus, OH, is nearly identical in concentration to the national average. This suggests a competitive yet stable environment where the number of analysts aligns closely with the broader U.S. employment landscape. While not an area of exceptionally high concentration, the steady presence indicates consistent demand and opportunities for skilled professionals within the region's financial sector.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| North Northeastern Ohio nonmetropolitan area (noncontiguous) Financial and Investment Analysts Salary | $84,160↓ 20% | 32 mi |
| West Northwestern Ohio nonmetropolitan area Financial and Investment Analysts Salary | $93,040↓ 12% | 32 mi |
| Eastern Ohio nonmetropolitan area Financial and Investment Analysts Salary | $101,410↓ 4% | 32 mi |
| Southern Ohio nonmetropolitan area Financial and Investment Analysts Salary | $123,530↑ 17% | 32 mi |
Comparing salaries near Columbus, OH
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Columbus, OH?
The median annual salary for a Financial and Investment Analysts in Columbus, OH is $105,340. This typically ranges from $62,550 for entry-level positions to $163,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbus, OH is 10.7% lower than the national median of $117,950.
Is Columbus, OH a lucrative place for Financial and Investment Analysts?
Yes, Columbus, OH offers a competitive compensation landscape for Financial and Investment Analysts.The average salary of $105,340, coupled with a Cost of Living Index at the national average, provides strong purchasing power. Furthermore, a Location Quotient near the national average indicates a stable and consistent demand for these professionals.
Is Columbus, OH a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Columbus, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbus, OH?
Some top paying nearby cities include North Northeastern Ohio nonmetropolitan area (noncontiguous) ($84,160) and West Northwestern Ohio nonmetropolitan area.
How does the Columbus salary compare to the national average?
The average annual salary for Financial and Investment Analysts in Columbus, OH, is $105,340, which is approximately 10.8% lower than the national average of $117,950.
What is the significance of the Location Quotient in Columbus?
A Location Quotient of 1.02 indicates that Financial and Investment Analysts are employed in Columbus at a rate very close to the national average. This suggests a balanced job market with steady demand relative to the overall workforce.
How does the Cost of Living affect the salary in Columbus?
With a Cost of Living Index of 100, Columbus is at the national average. This means the $105,340 salary offers purchasing power equivalent to the national standard, making it a relatively stable financial environment for analysts.
What is the total number of Financial and Investment Analysts in Columbus?
There are approximately 2,440 Financial and Investment Analysts working in Columbus, OH, contributing to the local financial services sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,440 employees in the Columbus, OH area with a job density of 2.248 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 Columbus, OH