Average Financial and Investment Analysts Salary in Jacksonville, FL
Financial and Investment Analysts in Jacksonville, FL, earn an average annual salary of $106,410. This figure is slightly below the national average of $117,950, reflecting a localized compensation structure influenced by regional economic factors and industry demand within Florida. While not reaching the national benchmark, this salary offers a competitive income within the Jacksonville metropolitan area.
Executive Summary
- Average Salary: $106,410 per year.
- Growth Trend: Salaries have shifted 28.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,010.
- Outlook: Jacksonville's market for Financial and Investment Analysts appears robust, evidenced by a total local workforce of 2,040 professionals. The Location Quotient of 1.22 indicates a concentration of these roles that is 22% higher than the national average, suggesting a strong and potentially growing demand for financial expertise within the region.
Salary Overview
The average Financial and Investment Analysts in Jacksonville, FL earns-9.8%below the national average.
$51.2
$2,046
$8,868
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial and Investment Analysts have experienced steady growth over the past four years, mirroring national trends of increasing demand for financial expertise and the rising cost of living. This upward trajectory is likely to continue as the financial sector evolves.
Financial and Investment Analysts Salary Distribution in Jacksonville, FL
Salary progression for Financial and Investment Analysts in Jacksonville 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 higher percentiles, reflecting increased responsibility and expertise. The widening gap between entry-level and senior roles signifies clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,320 | $27.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,808 | $38.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,520 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $133,013 | $63.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $168,010 | $80.8 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$106,410
Gross Pay
Real Wage (Purchasing Power)
$106,410
Adjusted for COL (100)
With an average annual salary of $106,410 and a Cost of Living Index of 100 (on par with the national average), Financial and Investment Analysts relocating to Jacksonville can expect their nominal earnings to translate directly to purchasing power. This means that the $106,410 salary offers a lifestyle equivalent to the national average, making Jacksonville an economically stable choice for these professionals.
Job Market Context
2,040
Total Jobs
2.696
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Jacksonville, FL has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.
The Location Quotient of 1.22 for Financial and Investment Analysts in Jacksonville signifies a notable concentration of these roles compared to the national average. This suggests that the job market is relatively more abundant or specialized in Jacksonville, potentially offering more opportunities and a competitive environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Gainesville, FL Financial and Investment Analysts Salary | $100,400↓ 6% | 60 mi |
| Ocala, FL Financial and Investment Analysts Salary | $99,600↓ 6% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Jacksonville, FL?
The median annual salary for a Financial and Investment Analysts in Jacksonville, FL is $106,410. This typically ranges from $57,320 for entry-level positions to $168,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 9.8% lower than the national median of $117,950.
Is Jacksonville, FL a lucrative place for Financial and Investment Analysts?
Yes, Jacksonville, FL offers a competitive environment for Financial and Investment Analysts.The average salary of $106,410 is substantial, and with a Cost of Living Index of 100, it provides equivalent purchasing power to the national average. Furthermore, a Location Quotient of 1.22 indicates a higher concentration of these roles than the national average, suggesting strong local demand.
Is Jacksonville, FL a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Gainesville, FL ($100,400) and Ocala, FL.
How does Jacksonville's Financial Analyst salary compare to the national average?
The average annual salary for Financial and Investment Analysts in Jacksonville, FL is $106,410, which is approximately 10% lower than the national average of $117,950.
What is the Cost of Living in Jacksonville, FL for Financial Analysts?
Jacksonville, FL has a Cost of Living Index of 100, which is exactly the national average. This means that the cost of goods and services is comparable to the rest of the United States.
Is there high demand for Financial and Investment Analysts in Jacksonville?
The Location Quotient of 1.22 suggests a higher concentration of Financial and Investment Analysts in Jacksonville compared to the national average, indicating a robust local demand for these professionals.
How many Financial and Investment Analysts work in Jacksonville?
There are approximately 2,040 Financial and Investment Analysts working in Jacksonville, FL, representing 2.696 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,040 employees in the Jacksonville, FL area with a job density of 2.696 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 Jacksonville, FL