Average Financial and Investment Analysts Salary in Lancaster, PA
Financial and Investment Analysts in Lancaster, PA, earn an average annual salary of $97,960. This figure is notably below the national average of $117,950, suggesting that local market dynamics, industry concentration, and potentially the scale of financial operations in the region contribute to this pay differential. While below the national benchmark, this salary reflects the specific economic landscape of Lancaster.
Executive Summary
- Average Salary: $97,960 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,900.
- Outlook: The job market for Financial and Investment Analysts in Lancaster, PA, comprises a local workforce of 240 professionals. With a Location Quotient of 0.44, the concentration of these roles is below the national average, indicating a less saturated market compared to national hubs. The presence of nearly one analyst per thousand workers (0.964) suggests a steady, albeit not booming, demand for these specialized skills within the local economy.
Salary Overview
The average Financial and Investment Analysts in Lancaster, PA earns-16.9%below the national average.
$47.1
$1,884
$8,163
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Lancaster is not provided, it is reasonable to assume that the salaries for Financial and Investment Analysts in the region have experienced growth over the past four years, mirroring national trends. Economic shifts, inflation, and increasing demand for sophisticated financial analysis likely contribute to a gradual upward trajectory in compensation for these professionals.
Financial and Investment Analysts Salary Distribution in Lancaster, PA
Salary progression for Financial and Investment Analysts in Lancaster, PA, typically scales with experience. Entry-level positions may start significantly lower than the average, while senior analysts with extensive experience and specialized skills can command salaries well above the $97,960 mark. The percentile gaps in compensation clearly signify the career advancement and increased earning potential associated with accumulating expertise and taking on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,570 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $73,470 | $35.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $87,620 | $42.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $122,450 | $58.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $149,900 | $72.1 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$97,960
Gross Pay
Real Wage (Purchasing Power)
$97,960
Adjusted for COL (100)
The average annual salary of $97,960 for Financial and Investment Analysts in Lancaster, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for professionals in this role within the Lancaster area.
Job Market Context
240
Total Jobs
0.964
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Lancaster, PA 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.
A Location Quotient of 0.44 for Financial and Investment Analysts in Lancaster, PA, indicates that the concentration of these jobs in the area is less than half of the national average. This suggests that while opportunities exist, the market is not as saturated as in major financial centers, potentially offering a more accessible entry point for new professionals or those looking to relocate, but also implying fewer specialized, high-paying roles compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| York-Hanover, PA Financial and Investment Analysts Salary | $83,470↓ 15% | 23 mi |
| Reading, PA Financial and Investment Analysts Salary | $90,540↓ 8% | 29 mi |
| Harrisburg-Carlisle, PA Financial and Investment Analysts Salary | $95,880↓ 2% | 35 mi |
Comparing salaries near Lancaster, PA
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Lancaster, PA?
The median annual salary for a Financial and Investment Analysts in Lancaster, PA is $97,960. This typically ranges from $59,570 for entry-level positions to $149,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lancaster, PA is 16.9% lower than the national median of $117,950.
Is Lancaster, PA a lucrative place for Financial and Investment Analysts?
No, not when compared to the national average.While the average salary of $97,960 is substantial, it falls significantly short of the national average of $117,950. However, the cost of living being at the national average means the salary's purchasing power is stable locally.
Is Lancaster, PA a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Lancaster, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lancaster, PA?
Some top paying nearby cities include York-Hanover, PA ($83,470) and Reading, PA.
How does the Lancaster salary compare to the national average?
The average salary for Financial and Investment Analysts in Lancaster, PA, is $97,960, which is $20,000 less than the national average of $117,950.
What is the cost of living in Lancaster, PA?
Lancaster, PA, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
Is there high demand for Financial and Investment Analysts in Lancaster, PA?
With a Location Quotient of 0.44, the concentration of these roles is below the national average, suggesting moderate demand rather than exceptionally high demand.
How many Financial and Investment Analysts work in Lancaster, PA?
There are approximately 240 Financial and Investment Analysts employed in Lancaster, PA, representing 0.964 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Lancaster, PA area with a job density of 0.964 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 Lancaster, PA