Average Financial and Investment Analysts Salary in Jackson, MS
Financial and Investment Analysts in Jackson, MS, earn an average annual salary of $96,150. This figure is notably below the national average of $117,950, reflecting regional economic factors and demand specific to the Mississippi capital. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete picture.
Executive Summary
- Average Salary: $96,150 per year.
- Growth Trend: Salaries have shifted 23.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $171,320.
- Outlook: The job market for Financial and Investment Analysts in Jackson, MS, is relatively modest, with a total local workforce of 220 professionals. The low Location Quotient of 0.38 suggests that this role is less concentrated in Jackson compared to national averages, indicating a smaller but potentially stable demand within the local economy.
Salary Overview
The average Financial and Investment Analysts in Jackson, MS earns-18.5%below the national average.
$46.2
$1,849
$8,013
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Jackson, MS is not provided, it is generally assumed that salaries for Financial and Investment Analysts nationwide have experienced steady growth over the past four years, driven by increasing complexity in financial markets and a persistent need for skilled analysis. This trend likely extends to Jackson, albeit potentially at a different pace.
Financial and Investment Analysts Salary Distribution in Jackson, MS
Salary progression for Financial and Investment Analysts typically scales significantly with experience. Entry-level positions might start considerably lower than the $96,150 average, while seasoned professionals with specialized skills and a proven track record can command salaries well above this mark. The percentile gaps in salary distribution highlight the substantial earning potential as analysts advance in their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,830 | $24.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,113 | $34.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,220 | $39.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $120,188 | $57.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $171,320 | $82.4 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$96,150
Gross Pay
Real Wage (Purchasing Power)
$96,150
Adjusted for COL (100)
The average annual salary of $96,150 in Jackson, MS, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an analyst's salary in Jackson is equivalent to the national average, offering a stable financial environment where the nominal income effectively translates to standard living expenses.
Job Market Context
220
Total Jobs
0.835
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Jackson, MS 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.
With a Location Quotient of 0.38, Financial and Investment Analyst roles are less concentrated in Jackson, MS, than the national average. This suggests that the market is not saturated, and while opportunities may be fewer than in larger financial hubs, the demand is consistent with the local economic landscape. Professionals in this field may find a less competitive environment but should be aware of the scale of opportunities.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Upper East Mississippi nonmetropolitan area Financial and Investment Analysts Salary | $73,920↓ 23% | 43 mi |
| Lower East Mississippi nonmetropolitan area Financial and Investment Analysts Salary | $93,170↓ 3% | 43 mi |
| Hattiesburg, MS Financial and Investment Analysts Salary | $66,330↓ 31% | 87 mi |
Comparing salaries near Jackson, MS
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Jackson, MS?
The median annual salary for a Financial and Investment Analysts in Jackson, MS is $96,150. This typically ranges from $51,830 for entry-level positions to $171,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, MS is 18.5% lower than the national median of $117,950.
Is Jackson, MS a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to national averages.While the average salary of $96,150 is solid, it falls below the national average of $117,950. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Jackson, MS a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Jackson, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, MS?
Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($73,920) and Lower East Mississippi nonmetropolitan area.
How does the Jackson, MS salary compare to the national average?
The average salary for Financial and Investment Analysts in Jackson, MS, is $96,150, which is $21,800 less than the national average of $117,950.
What is the concentration of Financial and Investment Analysts in Jackson, MS?
The concentration, measured by the Location Quotient, is 0.38, indicating that this profession is less common in Jackson relative to the national average.
How does the cost of living in Jackson, MS affect salary perception?
With a Cost of Living Index of 100, the national average, the $96,150 salary in Jackson offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What is the total number of Financial and Investment Analysts in Jackson, MS?
There are approximately 220 Financial and Investment Analysts working in Jackson, MS.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Jackson, MS area with a job density of 0.835 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 Jackson, MS