Financial and Investment Analysts in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $108,520. This figure is slightly below the national average of $117,950, reflecting a localized market dynamic. Factors such as regional economic activity and the specific demand within the Tennessee financial sector contribute to this pay scale.
Executive Summary
- Average Salary: $108,520 per year.
- Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,340.
- Outlook: The Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area supports a workforce of 1,840 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 overly saturated 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 Nashville-Davidson--Murfreesboro--Franklin, TN earns-8.0%below the national average.
$52.2
$2,087
$9,043
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the financial sector, including roles like Financial and Investment Analysts, has experienced steady growth over the past four years. This trend is often driven by economic expansion, increased investment activity, and evolving financial regulations, which typically lead to salary increases and a greater demand for experienced professionals in metropolitan areas like Nashville.
Financial and Investment Analysts Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Salary progression for Financial and Investment Analysts is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can achieve significantly higher earnings, often reaching the 75th or 90th percentile. The widening gap between entry-level and senior salaries highlights the substantial career growth and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,760 | $25.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,390 | $39.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,160 | $44.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,650 | $65.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $215,340 | $103.5 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$108,520
Gross Pay
Real Wage (Purchasing Power)
$108,520
Adjusted for COL (100)
The average annual salary of $108,520 for Financial and Investment Analysts in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
1,840
Total Jobs
1.674
Per 1K Jobs
0.76
Location Quotient
Nashville-Davidson--Murfreesboro--Franklin, TN 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 for Financial and Investment Analysts in the Nashville-Davidson--Murfreesboro--Franklin, TN area indicates that this profession is slightly less concentrated than the national average. This suggests that while there is a healthy presence of these roles, the market is not as intensely competitive as in some other major financial hubs, potentially offering good opportunities for skilled analysts seeking employment.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| East Tennessee nonmetropolitan area Financial and Investment Analysts Salary | $87,420↓ 19% | 29 mi |
| South Central Tennessee nonmetropolitan area Financial and Investment Analysts Salary | $88,540↓ 18% | 29 mi |
| West Tennessee nonmetropolitan area Financial and Investment Analysts Salary | $123,870↑ 14% | 29 mi |
| North Central Tennessee nonmetropolitan area Financial and Investment Analysts Salary | $74,030↓ 32% | 29 mi |
| Clarksville, TN-KY Financial and Investment Analysts Salary | $101,090↓ 7% | 42 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Financial and Investment Analysts in Nashville-Davidson--Murfreesboro--Franklin, TN is $108,520. This typically ranges from $52,760 for entry-level positions to $215,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 8.0% lower than the national median of $117,950.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Financial and Investment Analysts?
Yes, with caveats.The average salary of $108,520 is competitive, especially given the national average cost of living. However, it is slightly below the national average salary for the role.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($87,420) and South Central Tennessee nonmetropolitan area.
How does the Nashville Financial Analyst salary compare to the national average?
The average annual salary for Financial and Investment Analysts in Nashville is $108,520, which is approximately $9,430 less than the national average of $117,950.
What is the cost of living in Nashville for Financial and Investment Analysts?
The cost of living in Nashville-Davidson--Murfreesboro--Franklin, TN is exactly at the national average, indexed at 100. This means your salary of $108,520 has the same purchasing power as the national average salary.
How concentrated is the Financial and Investment Analyst job market in Nashville?
The job market for Financial and Investment Analysts in Nashville is slightly less concentrated than the national average, with a Location Quotient of 0.76, indicating a stable demand.
What is the total number of Financial and Investment Analysts in the Nashville area?
There are approximately 1,840 Financial and Investment Analysts employed within the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,840 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 1.674 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 Nashville-Davidson--Murfreesboro--Franklin, TN