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Average Financial and Investment Analysts Salary in Madison, WI

Financial and Investment Analysts in Madison, WI, command an impressive average annual salary of $120,340, slightly surpassing the national average of $117,950. This competitive compensation is often a reflection of Madison's robust economic landscape and the specialized skill set required for financial analysis within the region.

Executive Summary

  • Average Salary: $120,340 per year.
  • Growth Trend: Salaries have shifted 11.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $215,010.
  • Outlook: With a local workforce of 960 Financial and Investment Analysts and a Location Quotient of 1.07, Madison demonstrates a healthy concentration of these professionals, indicating steady demand and a stable job market. The figure of 2.37 jobs per 1,000 workers further underscores the presence and ongoing need for financial expertise within the city.
2024 Market Data

Salary Overview

$120,340

The average Financial and Investment Analysts in Madison, WI earns+2.0%above the national average.

BreakdownBased on 40h/week
Hourly

$57.9

Weekly

$2,314

Monthly

$10,028

Financial and Investment Analysts Salary Distribution in Madison, WI

Salary progression for Financial and Investment Analysts in Madison, WI, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command salaries well into the upper percentiles, reflecting a clear career trajectory and increasing earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,880$29.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,255$43.4
ManagerOversees team, compliance, and project delivery.50% (Median)$101,790$48.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$150,425$72.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$215,010$103.4

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$120,340

Gross Pay

Real Wage (Purchasing Power)

$120,340

Adjusted for COL (100)

The nominal average salary of $120,340 in Madison, WI, offers excellent purchasing power, especially when contrasted with the local Cost of Living Index of 100, which is precisely the national average. This means that the salary earned by Financial and Investment Analysts in Madison effectively translates to a standard of living comparable to the national benchmark, making it an attractive location for financial professionals.

Job Market Context

960

Total Jobs

2.37

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Madison, WI has a slightly higher-than-average concentration of Financial and Investment Analysts roles compared to the national norm.

A Location Quotient of 1.07 signifies that Madison, WI, has a slightly higher concentration of Financial and Investment Analysts than the national average. This suggests a competitive yet accessible job market where specialized talent is valued and sought after, offering opportunities for both established professionals and those looking to enter the field.

Nearby Job Markets

Nearby Cities for Financial and Investment Analysts

Comparing salaries near Madison, WI

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in Madison, WI?

The median annual salary for a Financial and Investment Analysts in Madison, WI is $120,340. This typically ranges from $61,880 for entry-level positions to $215,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 2.0% higher than the national median of $117,950.

Is Madison, WI a lucrative place for Financial and Investment Analysts?

Yes, Madison, WI is a lucrative location for Financial and Investment Analysts.The average salary of $120,340 exceeds the national average, and the cost of living is on par with the national index, offering strong purchasing power.

Is Madison, WI a good place to live for Financial and Investment Analysts?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($94,260) and Rockford, IL.

How does the Madison, WI salary compare to the national average?

Financial and Investment Analysts in Madison, WI, earn an average of $120,340 annually, which is slightly higher than the national average of $117,950.

What is the Cost of Living in Madison, WI for analysts?

The Cost of Living Index in Madison, WI, is 100, which is equivalent to the national average, meaning your salary will have standard purchasing power.

How concentrated are Financial and Investment Analyst jobs in Madison, WI?

Madison, WI has a Location Quotient of 1.07 for Financial and Investment Analysts, indicating a slightly higher concentration of these roles compared to the national average.

What is the total number of Financial and Investment Analysts in Madison, WI?

There are approximately 960 Financial and Investment Analysts working in Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Madison, WI area with a job density of 2.37 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.