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Average Financial and Investment Analysts Salary in Syracuse, NY

Financial and Investment Analysts in Syracuse, NY, earn an average annual salary of $100,630. This figure is notably below the national average of $117,950, reflecting a localized compensation structure influenced by regional economic factors and industry demand within the Syracuse metropolitan area.

Executive Summary

  • Average Salary: $100,630 per year.
  • Growth Trend: Salaries have shifted 8.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $140,240.
  • Outlook: The Syracuse market for Financial and Investment Analysts, while not as concentrated as the national average with a Location Quotient of 0.48, still supports a dedicated local workforce of 310 professionals. The presence of 1.061 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these specialized financial roles within the region.
2024 Market Data

Salary Overview

$100,630

The average Financial and Investment Analysts in Syracuse, NY earns-14.7%below the national average.

BreakdownBased on 40h/week
Hourly

$48.4

Weekly

$1,935

Monthly

$8,386

Financial and Investment Analysts Salary Distribution in Syracuse, NY

Salary progression for Financial and Investment Analysts in Syracuse, NY, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a clear career growth trajectory within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,550$30.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$75,473$36.3
ManagerOversees team, compliance, and project delivery.50% (Median)$93,230$44.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$125,788$60.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$140,240$67.4

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$100,630

Gross Pay

Real Wage (Purchasing Power)

$100,630

Adjusted for COL (100)

The average annual salary of $100,630 in Syracuse aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial and Investment Analyst's salary in Syracuse is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

310

Total Jobs

1.061

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Syracuse, NY 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.

With a Location Quotient of 0.48, Syracuse, NY, has a lower concentration of Financial and Investment Analysts compared to the national average. This suggests that while the demand exists, the market is less saturated, potentially offering unique opportunities for skilled professionals entering or established within the local job pool.

Nearby Job Markets

Nearby Cities for Financial and Investment Analysts

CitySalaryDist.
Ithaca, NY Financial and Investment Analysts Salary$89,770↓ 11%45 mi
Utica-Rome, NY Financial and Investment Analysts Salary$95,660↓ 5%46 mi
Binghamton, NY Financial and Investment Analysts Salary$102,650↑ 2%66 mi
Elmira, NY Financial and Investment Analysts Salary$127,300↑ 27%74 mi

Comparing salaries near Syracuse, NY

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in Syracuse, NY?

The median annual salary for a Financial and Investment Analysts in Syracuse, NY is $100,630. This typically ranges from $63,550 for entry-level positions to $140,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Syracuse, NY is 14.7% lower than the national median of $117,950.

Is Syracuse, NY a lucrative place for Financial and Investment Analysts?

No, not compared to the national average.While Financial and Investment Analysts in Syracuse earn a respectable $100,630, this is below the national average. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Syracuse, NY a good place to live for Financial and Investment Analysts?

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

Where are the highest paying cities near Syracuse, NY?

Some top paying nearby cities include Ithaca, NY ($89,770) and Utica-Rome, NY.

What is the average salary for a Financial and Investment Analyst in Syracuse, NY?

The average annual salary for a Financial and Investment Analyst in Syracuse, NY, is $100,630.

How does the Syracuse salary compare to the national average?

The average salary in Syracuse ($100,630) is lower than the national average ($117,950) for Financial and Investment Analysts.

What is the cost of living in Syracuse, NY?

Syracuse, NY, has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the job market for Financial and Investment Analysts in Syracuse?

The job market is less concentrated than the national average, with a Location Quotient of 0.48, indicating fewer analysts per capita relative to the rest of the country.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Syracuse, NY area with a job density of 1.061 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial and Investment Analysts • Data source: BLS OEWS 2024 •Jobs in Syracuse, NY