Average Financial and Investment Analysts Salary in Harrisburg-Carlisle, PA
Financial and Investment Analysts in Harrisburg-Carlisle, PA, earn an average annual salary of $95,880. This figure is notably below the national average of $117,950, reflecting regional economic factors and the specific demand dynamics within the local market. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $95,880 per year.
- Growth Trend: Salaries have shifted 12.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,610.
- Outlook: The Harrisburg-Carlisle area supports a local workforce of 630 Financial and Investment Analysts. With a Location Quotient of 0.87, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of nearly 2 Financial and Investment Analysts per 1,000 workers indicates a consistent, albeit moderate, job market for professionals in this field.
Salary Overview
The average Financial and Investment Analysts in Harrisburg-Carlisle, PA earns-18.7%below the national average.
$46.1
$1,844
$7,990
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Harrisburg-Carlisle is not provided, it is reasonable to assume that the salaries for Financial and Investment Analysts have experienced growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial expertise typically drive upward salary adjustments across most metropolitan areas, including Harrisburg-Carlisle.
Financial and Investment Analysts Salary Distribution in Harrisburg-Carlisle, PA
Salary progression for Financial and Investment Analysts in Harrisburg-Carlisle, PA, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The percentile distribution of salaries, though not detailed here, would show a clear upward trend from junior to senior roles, signifying substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,180 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,910 | $34.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,200 | $40.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,850 | $57.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $149,610 | $71.9 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$95,880
Gross Pay
Real Wage (Purchasing Power)
$95,880
Adjusted for COL (100)
The average annual salary of $95,880 for Financial and Investment Analysts in Harrisburg-Carlisle, PA, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary has the same purchasing power as the national average salary would have nationally. Therefore, while the absolute salary figure is lower than the national average, the cost of living parity suggests that the take-home pay offers comparable economic stability.
Job Market Context
630
Total Jobs
1.917
Per 1K Jobs
0.87
Location Quotient
Harrisburg-Carlisle, PA has 0.87x the national average concentration of Financial and Investment Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.87 for Financial and Investment Analysts in Harrisburg-Carlisle indicates that the concentration of these professionals is slightly lower than the national average. This suggests that while the market is not oversaturated, there may be fewer specialized opportunities compared to larger financial hubs. However, it also implies a potentially less competitive environment for skilled analysts seeking employment.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| York-Hanover, PA Financial and Investment Analysts Salary | $83,470↓ 13% | 23 mi |
| Lancaster, PA Financial and Investment Analysts Salary | $97,960↑ 2% | 35 mi |
Comparing salaries near Harrisburg-Carlisle, PA
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Harrisburg-Carlisle, PA?
The median annual salary for a Financial and Investment Analysts in Harrisburg-Carlisle, PA is $95,880. This typically ranges from $59,180 for entry-level positions to $149,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Harrisburg-Carlisle, PA is 18.7% lower than the national median of $117,950.
Is Harrisburg-Carlisle, PA a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $95,880 is respectable, it falls below the national average of $117,950. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Harrisburg-Carlisle, PA a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Harrisburg-Carlisle, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Harrisburg-Carlisle, PA?
Some top paying nearby cities include York-Hanover, PA ($83,470) and Lancaster, PA.
How does the Harrisburg-Carlisle salary compare to the national average?
The average salary for Financial and Investment Analysts in Harrisburg-Carlisle, PA, is $95,880, which is below the national average of $117,950.
What is the Cost of Living in Harrisburg-Carlisle, PA?
The Cost of Living Index in Harrisburg-Carlisle, PA, is 100, which is exactly the national average.
How many Financial and Investment Analysts work in Harrisburg-Carlisle, PA?
There are approximately 630 Financial and Investment Analysts working in the Harrisburg-Carlisle, PA area.
Is there high demand for Financial and Investment Analysts in Harrisburg-Carlisle, PA?
The demand is moderate, with 1.917 jobs per 1,000 workers and a Location Quotient of 0.87, indicating a slightly lower concentration than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Harrisburg-Carlisle, PA area with a job density of 1.917 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 Harrisburg-Carlisle, PA