Average Financial and Investment Analysts Salary in Lexington-Fayette, KY
Financial and Investment Analysts in Lexington-Fayette, KY, can expect an average annual salary of $85,760. This figure is notably lower than the national average of $117,950, reflecting the specific economic dynamics and demand within the local market. Factors such as the regional industry focus and the overall cost of doing business in Lexington-Fayette contribute to this localized pay scale.
Executive Summary
- Average Salary: $85,760 per year.
- Growth Trend: Salaries have shifted 0.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,170.
- Outlook: The Lexington-Fayette job market for Financial and Investment Analysts shows a moderate level of concentration, with a Location Quotient of 0.9, indicating a presence close to the national average. The total local workforce of 560 professionals suggests a stable, albeit not exceptionally large, demand for these specialized roles. This equilibrium points to a consistent, though not rapidly expanding, job environment for analysts in the region.
Salary Overview
The average Financial and Investment Analysts in Lexington-Fayette, KY earns-27.3%below the national average.
$41.2
$1,649
$7,147
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial and Investment Analysts in Lexington-Fayette have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical for specialized roles that require analytical skills and financial acumen, as demand for such expertise tends to increase with economic development.
Financial and Investment Analysts Salary Distribution in Lexington-Fayette, KY
Salary progression for Financial and Investment Analysts in Lexington-Fayette, KY, is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with a proven track record and advanced certifications can significantly increase their earnings. The percentile gaps in salary distribution highlight the substantial career growth potential and the financial rewards associated with advancing to senior and specialized analytical roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,490 | $25.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,320 | $30.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,160 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,200 | $51.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,170 | $61.1 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$85,760
Gross Pay
Real Wage (Purchasing Power)
$85,760
Adjusted for COL (100)
An average annual salary of $85,760 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an analyst's salary in this region is equivalent to the national standard, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
560
Total Jobs
1.989
Per 1K Jobs
0.9
Location Quotient
Lexington-Fayette, KY has 0.90x 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.
With a Location Quotient of 0.9, the market for Financial and Investment Analysts in Lexington-Fayette, KY, is neither significantly over- nor under-saturated compared to the national landscape. This suggests a balanced job market where demand and supply are relatively aligned, offering moderate competition for open positions and a steady stream of opportunities for qualified professionals.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $82,020↓ 4% | 28 mi |
| South Central Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $80,650↓ 6% | 28 mi |
| West Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $83,850↓ 2% | 28 mi |
| East Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $72,520↓ 15% | 28 mi |
| Louisville/Jefferson County, KY-IN Financial and Investment Analysts Salary | $73,170↓ 15% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Lexington-Fayette, KY?
The median annual salary for a Financial and Investment Analysts in Lexington-Fayette, KY is $85,760. This typically ranges from $52,490 for entry-level positions to $127,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 27.3% lower than the national median of $117,950.
Is Lexington-Fayette, KY a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $85,760 is solid, it falls below the national average of $117,950. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Lexington-Fayette, KY a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($82,020) and South Central Kentucky nonmetropolitan area.
What is the average salary for a Financial and Investment Analyst in Lexington-Fayette, KY?
The average annual salary for a Financial and Investment Analyst in Lexington-Fayette, KY, is $85,760.
How does the Lexington-Fayette salary compare to the national average?
The average salary in Lexington-Fayette ($85,760) is lower than the national average ($117,950).
What is the Cost of Living Index in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY, is 100, which is the national average.
How concentrated is the Financial and Investment Analyst job market in Lexington-Fayette, KY?
The job market concentration, measured by the Location Quotient, is 0.9, indicating a presence slightly below 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 560 employees in the Lexington-Fayette, KY area with a job density of 1.989 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 Lexington-Fayette, KY