Average Financial and Investment Analysts Salary in Florida
Financial and Investment Analysts in Florida earn an average annual salary of $100,630, which is below the national average of $117,950. This difference can be attributed to a variety of factors, including the specific industry concentrations within the state and the overall economic landscape that influences demand and compensation for these specialized roles.
Executive Summary
- Average Salary: $100,630 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $147,480.
- Outlook: With a local workforce of 21,690 Financial and Investment Analysts, Florida presents a substantial market for these professionals. The Location Quotient of 1 indicates that the concentration of these jobs in Florida is on par with the national average, suggesting a stable and consistent demand for their expertise across various sectors within the state.
Salary Overview
The average Financial and Investment Analysts in Florida earns-14.7%below the national average.
$48.4
$1,935
$8,386
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary landscape for Financial and Investment Analysts in Florida has experienced growth over the past four years, mirroring national trends. Factors such as increasing market complexity, evolving regulatory environments, and a growing demand for sophisticated financial planning and analysis are likely driving upward pressure on compensation.
Financial and Investment Analysts Salary Distribution in Florida
Salary progression for Financial and Investment Analysts in Florida typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. These percentile gaps highlight the substantial career growth and earning potential available as analysts advance in their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,250 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,473 | $36.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,560 | $40.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,788 | $60.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $147,480 | $70.9 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$100,630
Gross Pay
Real Wage (Purchasing Power)
$98,368
Adjusted for COL (102.3)
The average annual salary of $100,630 in Florida needs to be considered within the context of its Cost of Living Index of 102.3. This index suggests that the cost of living in Florida is slightly above the national average. Therefore, while the nominal salary is robust, the purchasing power may be slightly diminished compared to areas with a lower cost of living.
Job Market Context
21,690
Total Jobs
2.209
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Florida has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.
A Location Quotient of 1 for Financial and Investment Analysts in Florida signifies that the industry's presence and employment concentration are precisely aligned with the national average. This indicates a balanced market where demand and supply are relatively stable, suggesting moderate competition for roles and consistent opportunities for qualified professionals.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Lakeland-Winter Haven, FL Financial and Investment Analysts Salary | $98,550↓ 2% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Financial and Investment Analysts Salary | $91,350↓ 9% | 49 mi |
| Orlando-Kissimmee-Sanford, FL Financial and Investment Analysts Salary | $95,400↓ 5% | 57 mi |
| North Port-Bradenton-Sarasota, FL Financial and Investment Analysts Salary | $99,690↓ 1% | 58 mi |
Comparing salaries near Florida
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Florida?
The median annual salary for a Financial and Investment Analysts in Florida is $100,630. This typically ranges from $59,250 for entry-level positions to $147,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 14.7% lower than the national median of $117,950.
Is Florida a lucrative place for Financial and Investment Analysts?
Yes, but with caveats.Florida offers a solid average salary of $100,630, though it falls short of the national average. The cost of living is also slightly above the national average, impacting overall purchasing power.
Is Florida a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Lakeland-Winter Haven, FL ($98,550) and Tampa-St. Petersburg-Clearwater, FL.
How does Florida's average salary compare to the national average for Financial and Investment Analysts?
The average annual salary for Financial and Investment Analysts in Florida is $100,630, which is approximately $17,320 less than the national average of $117,950.
What is the job concentration for Financial and Investment Analysts in Florida?
The Location Quotient for Financial and Investment Analysts in Florida is 1, indicating that the concentration of these jobs in the state is equivalent to the national average.
How does the cost of living in Florida affect the salary of Financial and Investment Analysts?
With a Cost of Living Index of 102.3, Florida is slightly more expensive than the national average. This means the $100,630 salary may offer slightly less purchasing power than it would in a lower cost-of-living area.
What is the total workforce size for Financial and Investment Analysts in Florida?
There are approximately 21,690 Financial and Investment Analysts employed in Florida, representing a significant segment of the state's professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,690 employees in the Florida area with a job density of 2.209 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 Florida