Average Financial and Investment Analysts Salary in Raleigh-Cary, NC
In Raleigh-Cary, NC, Financial and Investment Analysts earn an average annual salary of $105,260. This figure is notably below the national average of $117,950, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this metropolitan area. While the nominal salary is lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $105,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,440.
- Outlook: The Raleigh-Cary market supports a local workforce of 1,130 Financial and Investment Analysts. With a Location Quotient of 0.71, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated market. The presence of 1.562 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for financial expertise within the region.
Salary Overview
The average Financial and Investment Analysts in Raleigh-Cary, NC earns-10.8%below the national average.
$50.6
$2,024
$8,772
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial and Investment Analysts in Raleigh-Cary have experienced growth over the past four years, mirroring national trends. Economic expansion, increased demand for financial services, and inflation typically drive upward salary adjustments in most professional fields, including finance.
Financial and Investment Analysts Salary Distribution in Raleigh-Cary, NC
Salary progression for Financial and Investment Analysts in Raleigh-Cary, as elsewhere, is strongly tied to 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 significantly higher compensation. The percentile gaps in salary distribution reflect this career trajectory, with senior analysts often earning well into the upper percentiles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,240 | $30.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,945 | $38 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,400 | $47.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,575 | $63.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,440 | $79.5 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$105,260
Gross Pay
Real Wage (Purchasing Power)
$105,260
Adjusted for COL (100)
The average annual salary of $105,260 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Financial and Investment Analyst's salary in this region is equivalent to the national standard, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
1,130
Total Jobs
1.562
Per 1K Jobs
0.71
Location Quotient
Raleigh-Cary, NC has 0.71x 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 0.71 for Financial and Investment Analysts in Raleigh-Cary indicates that the region has a slightly lower concentration of these professionals compared to the national average. This suggests that while the job market is established, it may not be as intensely competitive as in major financial hubs, potentially offering opportunities for skilled individuals to find roles without facing extreme competition.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Financial and Investment Analysts Salary | $107,600↑ 2% | 18 mi |
| Rocky Mount, NC Financial and Investment Analysts Salary | $97,860↓ 7% | 48 mi |
| Fayetteville, NC Financial and Investment Analysts Salary | $96,930↓ 8% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Raleigh-Cary, NC?
The median annual salary for a Financial and Investment Analysts in Raleigh-Cary, NC is $105,260. This typically ranges from $64,240 for entry-level positions to $165,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 10.8% lower than the national median of $117,950.
Is Raleigh-Cary, NC a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $105,260 is substantial, it falls below the national average of $117,950. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Raleigh-Cary, NC a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($107,600) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average salary for Financial and Investment Analysts in Raleigh-Cary, NC, is $105,260, which is approximately 11% lower than the national average of $117,950.
What is the cost of living in Raleigh-Cary, NC for analysts?
The cost of living in Raleigh-Cary, NC, is exactly at the national average, indicated by an index of 100. This means your earnings here have the same purchasing power as the national average.
How concentrated are Financial and Investment Analyst jobs in Raleigh-Cary?
The concentration of Financial and Investment Analyst jobs in Raleigh-Cary is slightly below the national average, with a Location Quotient of 0.71. This suggests a moderate presence of these roles.
What does the number of jobs per 1,000 workers indicate for this role in Raleigh-Cary?
With 1.562 jobs per 1,000 workers, Raleigh-Cary shows a steady demand for Financial and Investment Analysts, though it is not indicative of an exceptionally high job market saturation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Raleigh-Cary, NC area with a job density of 1.562 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 Raleigh-Cary, NC