Average Financial and Investment Analysts Salary in Pittsburgh, PA
Financial and Investment Analysts in Pittsburgh, PA, earn an average annual salary of $92,270. This figure is notably below the national average of $117,950, reflecting regional economic factors and the specific demand dynamics within the Pittsburgh market. While the nominal salary may appear lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $92,270 per year.
- Growth Trend: Salaries have shifted 6.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,420.
- Outlook: With a local workforce of 2,230 Financial and Investment Analysts, Pittsburgh presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.91 suggests that the concentration of these roles in Pittsburgh is nearly on par with the national average, indicating a steady demand that aligns with broader industry trends. The presence of 2.011 jobs per 1,000 workers further supports a consistent, albeit moderate, employment landscape.
Salary Overview
The average Financial and Investment Analysts in Pittsburgh, PA earns-21.8%below the national average.
$44.4
$1,774
$7,689
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Pittsburgh's Financial and Investment Analyst salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and evolving market demands typically contribute to salary increases for skilled professionals in finance. Therefore, analysts in Pittsburgh have likely experienced incremental salary growth, adapting to both local economic conditions and the broader financial sector's evolution.
Financial and Investment Analysts Salary Distribution in Pittsburgh, PA
The salary trajectory for Financial and Investment Analysts in Pittsburgh, as elsewhere, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills and a proven track record can expect compensation well above the average. The percentile distribution of salaries, though not detailed here, would illustrate this progression, with senior analysts occupying the higher percentiles, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,760 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,203 | $33.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,400 | $39.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,338 | $55.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,420 | $66.1 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$92,270
Gross Pay
Real Wage (Purchasing Power)
$92,270
Adjusted for COL (100)
The average annual salary of $92,270 for Financial and Investment Analysts in Pittsburgh aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the Pittsburgh salary is effectively 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, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
2,230
Total Jobs
2.011
Per 1K Jobs
0.91
Location Quotient
Pittsburgh, PA has 0.91x 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 0.91 indicates that Financial and Investment Analyst roles are present in Pittsburgh at a concentration very close to the national average. This suggests a mature and stable job market rather than one experiencing explosive growth or significant underrepresentation. The market is neither overly saturated nor exceptionally scarce, implying a balanced environment where demand and supply for these professionals are relatively well-matched.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Wheeling, WV-OH Financial and Investment Analysts Salary | $83,620↓ 9% | 45 mi |
| Morgantown, WV Financial and Investment Analysts Salary | $78,080↓ 15% | 55 mi |
| Youngstown-Warren, OH Financial and Investment Analysts Salary | $98,560↑ 7% | 57 mi |
| Johnstown, PA Financial and Investment Analysts Salary | $95,750↑ 4% | 57 mi |
Comparing salaries near Pittsburgh, PA
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Pittsburgh, PA?
The median annual salary for a Financial and Investment Analysts in Pittsburgh, PA is $92,270. This typically ranges from $48,760 for entry-level positions to $137,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pittsburgh, PA is 21.8% lower than the national median of $117,950.
Is Pittsburgh, PA a lucrative place for Financial and Investment Analysts?
No, not significantly more lucrative than the national average.The average salary of $92,270 is below the national average of $117,950, though the cost of living is also at the national average. This results in a comparable purchasing power but not a higher earning potential.
Is Pittsburgh, PA a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Pittsburgh, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pittsburgh, PA?
Some top paying nearby cities include Wheeling, WV-OH ($83,620) and Morgantown, WV.
How does Pittsburgh's cost of living compare to the national average for Financial and Investment Analysts?
Pittsburgh's cost of living is exactly at the national average (index of 100). This means that the $92,270 salary has the same purchasing power as the national average salary of $117,950 would have elsewhere.
What is the concentration of Financial and Investment Analysts in Pittsburgh?
The concentration, measured by the Location Quotient, is 0.91, which is slightly below the national average of 1.0. This indicates that the proportion of Financial and Investment Analysts in Pittsburgh's workforce is very similar to the national proportion.
How many Financial and Investment Analysts are there in Pittsburgh?
There are approximately 2,230 Financial and Investment Analysts employed in Pittsburgh, PA.
Are there many job opportunities for Financial and Investment Analysts in Pittsburgh?
With 2.011 jobs per 1,000 workers, the number of opportunities is moderate, aligning with the near-average concentration of the profession in the city.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,230 employees in the Pittsburgh, PA area with a job density of 2.011 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 Pittsburgh, PA