Financial and Investment Analysts in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area earn an impressive average annual salary of $124,330. This figure significantly surpasses the national average of $117,950, indicating a strong demand and higher compensation for these specialized roles within this key economic hub. The concentration of government, finance, and consulting firms in the region likely drives this elevated pay scale.
Executive Summary
- Average Salary: $124,330 per year.
- Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $200,210.
- Outlook: With a substantial local workforce of 10,570 Financial and Investment Analysts, the job market in Washington-Arlington-Alexandria demonstrates considerable depth. The Location Quotient of 1.53 further underscores a robust demand for these professionals, suggesting that the area employs a higher proportion of these specialists than the national average, pointing to a healthy and active job market.
Salary Overview
The average Financial and Investment Analysts in Washington-Arlington-Alexandria, DC-VA-MD-WV earns+5.4%above the national average.
$59.8
$2,391
$10,361
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 the Washington-Arlington-Alexandria area have experienced consistent growth over the past four years. This trend is typical for high-demand roles in major metropolitan economies, driven by inflation, increasing complexity of financial markets, and a steady need for expert analysis.
Financial and Investment Analysts Salary Distribution in Washington-Arlington-Alexandria, DC-VA-MD-WV
Career progression for Financial and Investment Analysts is strongly reflected in salary. 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 significantly above the average. The percentile gaps in earnings clearly signify the substantial financial rewards associated with advancing through the ranks from junior analyst to senior or lead financial strategist.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $71,920 | $34.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,248 | $44.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $107,120 | $51.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $155,413 | $74.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $200,210 | $96.3 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$124,330
Gross Pay
Real Wage (Purchasing Power)
$124,330
Adjusted for COL (100)
The nominal average annual salary of $124,330 in Washington-Arlington-Alexandria aligns perfectly with the national average Cost of Living Index of 100. This means that the higher earnings in this region are directly offset by the cost of living, suggesting that the purchasing power of a Financial and Investment Analyst's salary here is comparable to the national average. While the salary is higher, so are the expenses associated with living in this area.
Job Market Context
10,570
Total Jobs
3.39
Per 1K Jobs
1.53
Location Quotient
Washington-Arlington-Alexandria, DC-VA-MD-WV has 1.5x the national concentration of Financial and Investment Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.53 signifies that Financial and Investment Analysts are 53% more concentrated in the Washington-Arlington-Alexandria area than in the typical U.S. metropolitan region. This indicates a highly specialized and competitive job market, where opportunities may be abundant, but the pool of qualified candidates is also proportionally larger, suggesting a dynamic environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Financial and Investment Analysts Salary | $95,110↓ 24% | 17 mi |
| Baltimore-Columbia-Towson, MD Financial and Investment Analysts Salary | $114,490↓ 8% | 35 mi |
| Lexington Park, MD Financial and Investment Analysts Salary | $104,820↓ 16% | 55 mi |
| Hagerstown-Martinsburg, MD-WV Financial and Investment Analysts Salary | $91,520↓ 26% | 63 mi |
| Winchester, VA-WV Financial and Investment Analysts Salary | $95,290↓ 23% | 64 mi |
Comparing salaries near Washington-Arlington-Alexandria, DC-VA-MD-WV
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Frequently Asked Questions
How much does a Financial and Investment Analysts make in Washington-Arlington-Alexandria, DC-VA-MD-WV?
The median annual salary for a Financial and Investment Analysts in Washington-Arlington-Alexandria, DC-VA-MD-WV is $124,330. This typically ranges from $71,920 for entry-level positions to $200,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Washington-Arlington-Alexandria, DC-VA-MD-WV is 5.4% higher than the national median of $117,950.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a lucrative place for Financial and Investment Analysts?
Yes, it is a highly lucrative place for Financial and Investment Analysts.The average salary of $124,330 significantly exceeds the national average, and the strong Location Quotient of 1.53 indicates high demand for these professionals in the region.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Washington-Arlington-Alexandria, DC-VA-MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Washington-Arlington-Alexandria, DC-VA-MD-WV?
Some top paying nearby cities include Maryland nonmetropolitan area ($95,110) and Baltimore-Columbia-Towson, MD.
How does the local salary compare to the national average?
Financial and Investment Analysts in Washington-Arlington-Alexandria earn an average of $124,330 annually, which is notably higher than the national average of $117,950.
What is the job concentration for Financial and Investment Analysts in this area?
The job concentration, measured by the Location Quotient, is 1.53, meaning there are 53% more Financial and Investment Analysts employed in this region compared to the national average.
How does the Cost of Living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the higher nominal salary of $124,330 provides purchasing power equivalent to the national average, despite the higher pay.
What is the total number of Financial and Investment Analysts in the area?
There are approximately 10,570 Financial and Investment Analysts working within the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,570 employees in the Washington-Arlington-Alexandria, DC-VA-MD-WV area with a job density of 3.39 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 Washington-Arlington-Alexandria, DC-VA-MD-WV