Average Financial and Investment Analysts Salary in Toledo, OH
Financial and Investment Analysts in Toledo, OH, earn an average annual salary of $116,350. This figure is slightly below the national average of $117,950, indicating a localized compensation structure influenced by regional economic factors and industry demand within Ohio. While close to the national benchmark, subtle differences reflect the unique market dynamics of the Toledo area.
Executive Summary
- Average Salary: $116,350 per year.
- Growth Trend: Salaries have shifted 58.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,560.
- Outlook: The Toledo market for Financial and Investment Analysts, while not a major hub with a high concentration (Location Quotient of 0.37), still supports a dedicated workforce of 240 professionals. The presence of 0.813 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for these specialized skills within the local economy.
Salary Overview
The average Financial and Investment Analysts in Toledo, OH earns-1.4%below the national average.
$55.9
$2,238
$9,696
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Toledo is not provided, it is reasonable to assume that the salaries for Financial and Investment Analysts in the region have experienced growth over the past four years, mirroring national trends. Economic recovery, increased demand for financial expertise, and inflation typically drive upward salary adjustments in specialized fields.
Financial and Investment Analysts Salary Distribution in Toledo, OH
Salary progression for Financial and Investment Analysts in Toledo, OH, is significantly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The gap between entry-level and senior roles highlights the substantial career growth and earning potential within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,850 | $26.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,263 | $42 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,090 | $44.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $145,438 | $69.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $160,560 | $77.2 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$116,350
Gross Pay
Real Wage (Purchasing Power)
$116,350
Adjusted for COL (100)
With a Cost of Living Index of 100, Toledo, OH, offers a cost of living that is precisely at the national average. This means the nominal salary of $116,350 holds its purchasing power directly in line with the national median, providing a stable financial foundation for analysts residing in the area.
Job Market Context
240
Total Jobs
0.813
Per 1K Jobs
0.37
Location Quotient
At 0.37x, Toledo, OH 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.
A Location Quotient of 0.37 indicates that Financial and Investment Analysts are less concentrated in Toledo, OH, compared to the national average. This suggests that while the profession is present and supported by a local workforce, it is not a dominant industry, potentially leading to a less competitive but also less abundant job market for these specialists.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Financial and Investment Analysts Salary | $100,700↓ 13% | 20 mi |
| Ann Arbor, MI Financial and Investment Analysts Salary | $105,870↓ 9% | 43 mi |
| Detroit-Warren-Dearborn, MI Financial and Investment Analysts Salary | $106,490↓ 8% | 54 mi |
| Jackson, MI Financial and Investment Analysts Salary | $89,240↓ 23% | 58 mi |
Comparing salaries near Toledo, OH
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Toledo, OH?
The median annual salary for a Financial and Investment Analysts in Toledo, OH is $116,350. This typically ranges from $55,850 for entry-level positions to $160,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 1.4% lower than the national median of $117,950.
Is Toledo, OH a lucrative place for Financial and Investment Analysts?
Yes, with caveats.The average salary of $116,350 is competitive with the national average, and the cost of living is on par with the national index, making Toledo a financially stable location for these professionals.
Is Toledo, OH a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($100,700) and Ann Arbor, MI.
How does Toledo's Financial Analyst salary compare to the national average?
The average annual salary for Financial and Investment Analysts in Toledo, OH, is $116,350, which is slightly below the national average of $117,950.
What is the Cost of Living in Toledo, OH for Financial Analysts?
Toledo, OH, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of a salary in Toledo is equivalent to the national median.
How concentrated is the Financial Analyst job market in Toledo, OH?
The job market for Financial and Investment Analysts in Toledo, OH, has a Location Quotient of 0.37, indicating a lower concentration compared to the national average.
What is the total workforce of Financial and Investment Analysts in Toledo, OH?
There are approximately 240 Financial and Investment Analysts employed in Toledo, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Toledo, OH area with a job density of 0.813 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 Toledo, OH