Average Financial and Investment Analysts Salary in Louisville/Jefferson County, KY-IN
Financial and Investment Analysts in Louisville/Jefferson County, KY-IN earn an average annual salary of $73,170. This figure is notably lower than the national average of $117,950, reflecting regional economic factors and the specific demand dynamics within the local market. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete picture.
Executive Summary
- Average Salary: $73,170 per year.
- Growth Trend: Salaries have shifted 10.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,850.
- Outlook: The Louisville/Jefferson County area supports a local workforce of 1,150 Financial and Investment Analysts. With a Location Quotient of 0.76, the concentration of these roles is slightly below the national average, suggesting a stable but not hyper-concentrated job market. The presence of nearly 1.7 jobs per 1,000 workers indicates a consistent demand for skilled professionals in this sector within the region.
Salary Overview
The average Financial and Investment Analysts in Louisville/Jefferson County, KY-IN earns-38.0%below the national average.
$35.2
$1,407
$6,098
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Louisville/Jefferson County is not provided, it is generally assumed that salaries for Financial and Investment Analysts have seen consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of financial markets, leading to incremental salary increases for professionals in this field.
Financial and Investment Analysts Salary Distribution in Louisville/Jefferson County, KY-IN
Salary progression for Financial and Investment Analysts in Louisville/Jefferson County, as elsewhere, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The gap between the 25th percentile and the 75th percentile salary clearly illustrates this career trajectory and the earning potential as one advances.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,630 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,878 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,890 | $30.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,463 | $44 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,850 | $51.4 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$73,170
Gross Pay
Real Wage (Purchasing Power)
$73,170
Adjusted for COL (100)
The average annual salary of $73,170 in Louisville/Jefferson County aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial and Investment Analyst's salary in this region is equivalent to the national average. Consequently, the nominal salary translates directly to a comparable standard of living when compared to the rest of the United States.
Job Market Context
1,150
Total Jobs
1.679
Per 1K Jobs
0.76
Location Quotient
Louisville/Jefferson County, KY-IN has 0.76x 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 0.76 indicates that Financial and Investment Analyst roles are slightly less concentrated in Louisville/Jefferson County compared to the national average. This suggests that while the market is not saturated, there may be fewer specialized opportunities or a slightly lower overall demand relative to the size of the national workforce in this profession. It implies a competitive environment where professionals may need to actively seek out roles.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Financial and Investment Analysts Salary | $81,940↑ 12% | 39 mi |
| Columbus, IN Financial and Investment Analysts Salary | $90,490↑ 24% | 67 mi |
| Central Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $82,020↑ 12% | 72 mi |
| South Central Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $80,650↑ 10% | 72 mi |
| West Kentucky nonmetropolitan area Financial and Investment Analysts Salary | $83,850↑ 15% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
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Frequently Asked Questions
How much does a Financial and Investment Analysts make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Financial and Investment Analysts in Louisville/Jefferson County, KY-IN is $73,170. This typically ranges from $48,630 for entry-level positions to $106,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 38.0% lower than the national median of $117,950.
Is Louisville/Jefferson County, KY-IN a lucrative place for Financial and Investment Analysts?
No, not compared to the national average.The average salary of $73,170 is substantially lower than the national average of $117,950. However, the cost of living is at the national average, meaning your salary's purchasing power is equivalent.
Is Louisville/Jefferson County, KY-IN a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($81,940) and Columbus, IN.
What is the average salary for a Financial and Investment Analyst in Louisville/Jefferson County, KY-IN?
The average annual salary for a Financial and Investment Analyst in Louisville/Jefferson County, KY-IN is $73,170.
How does Louisville's Cost of Living compare to the national average?
Louisville/Jefferson County, KY-IN has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Financial and Investment Analyst jobs in Louisville/Jefferson County?
The concentration of Financial and Investment Analyst jobs in Louisville/Jefferson County is slightly below the national average, with a Location Quotient of 0.76.
What is the total workforce of Financial and Investment Analysts in Louisville/Jefferson County?
There are approximately 1,150 Financial and Investment Analysts working in the Louisville/Jefferson County area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,150 employees in the Louisville/Jefferson County, KY-IN area with a job density of 1.679 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 Louisville/Jefferson County, KY-IN