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Average Financial and Investment Analysts Salary in Norwich-New London-Willimantic, CT

The average salary for Financial and Investment Analystss in Norwich-New London-Willimantic, CT is $104,360. While this is lower than the national average, the cost of living in Norwich-New London-Willimantic, CT may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $104,360 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,270.
  • Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
2024 Market Data

Salary Overview

$104,360

The average Financial and Investment Analysts in Norwich-New London-Willimantic, CT earns-11.5%below the national average.

BreakdownBased on 40h/week
Hourly

$50.2

Weekly

$2,007

Monthly

$8,697

Financial and Investment Analysts Salary Distribution in Norwich-New London-Willimantic, CT

The earning potential for Financial and Investment Analystss in Norwich-New London-Willimantic, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,790, while highly experienced professionals can command wages upwards of $158,270.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,790$29.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,270$37.6
ManagerOversees team, compliance, and project delivery.50% (Median)$97,660$47
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$130,450$62.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$158,270$76.1

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$104,360

Gross Pay

Real Wage (Purchasing Power)

$104,360

Adjusted for COL (100)

In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $104,360 to $104,360.

Job Market Context

90

Total Jobs

0.723

Per 1K Jobs

0.33

Location Quotient

Low Concentration

At 0.33x, Norwich-New London-Willimantic, CT 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.

90 people work as Financial and Investment Analysts in Norwich-New London-Willimantic, CT.

Only 0.723 out of every 1,000 local jobs are Financial and Investment Analysts roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Financial and Investment Analysts

CitySalaryDist.
Hartford-West Hartford-East Hartford, CT Financial and Investment Analysts Salary$103,620↓ 1%34 mi
Connecticut nonmetropolitan area Financial and Investment Analysts Salary$98,120↓ 6%35 mi
Providence-Warwick, RI-MA Financial and Investment Analysts Salary$117,340↑ 12%39 mi
Springfield, MA Financial and Investment Analysts Salary$106,750↑ 2%45 mi
New Haven, CT Financial and Investment Analysts Salary$100,390↓ 4%46 mi

Comparing salaries near Norwich-New London-Willimantic, CT

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in Norwich-New London-Willimantic, CT?

The median annual salary for a Financial and Investment Analysts in Norwich-New London-Willimantic, CT is $104,360. This typically ranges from $61,790 for entry-level positions to $158,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Norwich-New London-Willimantic, CT is 11.5% lower than the national median of $117,950.

Is Norwich-New London-Willimantic, CT a good place for Financial and Investment Analystss?

It depends on your priorities. While the average Financial and Investment Analysts salary in Norwich-New London-Willimantic, CT is $104,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Norwich-New London-Willimantic, CT. See distinct detailed breakdown below.

Is Norwich-New London-Willimantic, CT a good place to live for Financial and Investment Analysts?

The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Norwich-New London-Willimantic, CT?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($103,620) and Connecticut nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Norwich-New London-Willimantic, CT area with a job density of 0.723 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Norwich-New London-Willimantic, CT

Semantic Salary Analysis for Financial and Investment Analysts • Data source: BLS OEWS 2024 •Jobs in Norwich-New London-Willimantic, CT