Average Financial and Investment Analysts Salary in Durham-Chapel Hill, NC
Financial and Investment Analysts in the Durham-Chapel Hill, NC area earn an average annual salary of $107,600. This figure is slightly below the national average of $117,950, suggesting a localized compensation structure influenced by regional economic factors and industry demand. While the nominal salary is lower than the national benchmark, the cost of living in Durham-Chapel Hill is precisely at the national average, indicating a potentially strong purchasing power for local analysts.
Executive Summary
- Average Salary: $107,600 per year.
- Growth Trend: Salaries have shifted 4.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,200.
- Outlook: The Durham-Chapel Hill region supports a dedicated workforce of 910 Financial and Investment Analysts, with a jobs-per-1,000-workers ratio of 2.671. The Location Quotient of 1.21 signifies a concentration of these roles that is 21% higher than the national average, indicating a robust and potentially growing demand for financial expertise within this specific metropolitan area.
Salary Overview
The average Financial and Investment Analysts in Durham-Chapel Hill, NC earns-8.8%below the national average.
$51.7
$2,069
$8,967
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that over the past four years, salaries for Financial and Investment Analysts in Durham-Chapel Hill have experienced growth, mirroring national trends. Factors such as inflation, increased demand for financial services, and the overall economic health of the Research Triangle region likely contribute to a positive salary trajectory for professionals in this field.
Financial and Investment Analysts Salary Distribution in Durham-Chapel Hill, NC
Salary progression for Financial and Investment Analysts in Durham-Chapel Hill typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior analysts with specialized skills and extensive track records can command salaries well above the $107,600 mark. The discernible gaps between various salary percentiles underscore the substantial career advancement and earning potential available through accumulating experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,490 | $32 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,700 | $38.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,500 | $47.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,500 | $64.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,200 | $79.9 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$107,600
Gross Pay
Real Wage (Purchasing Power)
$107,600
Adjusted for COL (100)
With an average annual salary of $107,600 and a Cost of Living Index of 100, Financial and Investment Analysts in Durham-Chapel Hill, NC, find their nominal earnings directly aligned with the national cost of living. This means that the purchasing power of their salary is comparable to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
910
Total Jobs
2.671
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Durham-Chapel Hill, NC has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.
The Location Quotient of 1.21 for Financial and Investment Analysts in Durham-Chapel Hill indicates a notable concentration of these roles compared to the national average. This suggests that the market is more specialized and potentially more competitive for these professionals, as the demand is relatively higher within this specific geographic area, offering more opportunities than a typical region.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Financial and Investment Analysts Salary | $105,260↓ 2% | 18 mi |
| Greensboro-High Point, NC Financial and Investment Analysts Salary | $98,910↓ 8% | 52 mi |
| Eastern North Carolina nonmetropolitan area Financial and Investment Analysts Salary | $89,290↓ 17% | 56 mi |
| Western North Carolina nonmetropolitan area Financial and Investment Analysts Salary | $89,340↓ 17% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Durham-Chapel Hill, NC?
The median annual salary for a Financial and Investment Analysts in Durham-Chapel Hill, NC is $107,600. This typically ranges from $66,490 for entry-level positions to $166,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 8.8% lower than the national median of $117,950.
Is Durham-Chapel Hill, NC a lucrative place for Financial and Investment Analysts?
Yes, with caveats.The average salary of $107,600 is competitive when considering the national average cost of living. The higher-than-average concentration of these roles (LQ 1.21) also points to a strong local market.
Is Durham-Chapel Hill, NC a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($105,260) and Greensboro-High Point, NC.
How does the salary compare to the national average?
The average salary of $107,600 in Durham-Chapel Hill is approximately 8.7% lower than the national average of $117,950 for Financial and Investment Analysts.
What is the Cost of Living in Durham-Chapel Hill, NC?
The Cost of Living Index in Durham-Chapel Hill is 100, which is exactly the national average, meaning expenses for goods and services are comparable to the rest of the country.
How many Financial and Investment Analysts work in Durham-Chapel Hill?
There are approximately 910 Financial and Investment Analysts employed in the Durham-Chapel Hill area, representing 2.671 jobs per 1,000 workers.
Does experience significantly impact salary for this role in Durham-Chapel Hill?
Yes, experience is a major factor, with entry-level positions earning less than the average and senior roles commanding significantly higher salaries, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the Durham-Chapel Hill, NC area with a job density of 2.671 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 Durham-Chapel Hill, NC