Average Financial and Investment Analysts Salary in Elkhart-Goshen, IN
The average salary for Financial and Investment Analystss in Elkhart-Goshen, IN is $90,060. While this is lower than the national average, the cost of living in Elkhart-Goshen, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $90,060 per year.
- Growth Trend: Salaries have shifted 16.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,980.
- Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Elkhart-Goshen, IN economy.
Salary Overview
The average Financial and Investment Analysts in Elkhart-Goshen, IN earns-23.6%below the national average.
$43.3
$1,732
$7,505
Financial and Investment Analysts Salary Trends (2020-2024)
Over the past 3 years, Financial and Investment Analysts salaries in Elkhart-Goshen, IN have shown healthy growth of 16.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial and Investment Analysts Salary Distribution in Elkhart-Goshen, IN
The earning potential for Financial and Investment Analystss in Elkhart-Goshen, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,370, while highly experienced professionals can command wages upwards of $137,980.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,370 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,545 | $32.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,550 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,575 | $54.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,980 | $66.3 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$90,060
Gross Pay
Real Wage (Purchasing Power)
$90,060
Adjusted for COL (100)
In Elkhart-Goshen, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $90,060 to $90,060.
Job Market Context
100
Total Jobs
0.801
Per 1K Jobs
0.36
Location Quotient
At 0.36x, Elkhart-Goshen, IN 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.
100 people work as Financial and Investment Analysts in Elkhart-Goshen, IN.
Only 0.801 out of every 1,000 local jobs are Financial and Investment Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Financial and Investment Analysts Salary | $88,780↓ 1% | 16 mi |
| Niles, MI Financial and Investment Analysts Salary | $100,730↑ 12% | 18 mi |
| Kalamazoo-Portage, MI Financial and Investment Analysts Salary | $89,650↓ 0% | 45 mi |
| Battle Creek, MI Financial and Investment Analysts Salary | $90,140↑ 0% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
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Frequently Asked Questions
How much does a Financial and Investment Analysts make in Elkhart-Goshen, IN?
The median annual salary for a Financial and Investment Analysts in Elkhart-Goshen, IN is $90,060. This typically ranges from $47,370 for entry-level positions to $137,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 23.6% lower than the national median of $117,950.
Is Elkhart-Goshen, IN a good place for Financial and Investment Analystss?
It depends on your priorities. While the average Financial and Investment Analysts salary in Elkhart-Goshen, IN is $90,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Elkhart-Goshen, IN. See distinct detailed breakdown below.
Is Elkhart-Goshen, IN a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($88,780) and Niles, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Elkhart-Goshen, IN area with a job density of 0.801 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 Elkhart-Goshen, IN