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Average Financial and Investment Analysts Salary in Waterbury-Shelton, CT

Financial and Investment Analysts in the Waterbury-Shelton, CT area earn an average annual salary of $111,680. This figure is slightly below the national average of $117,950, indicating a localized compensation structure that may be influenced by regional economic factors and industry demand within Connecticut. While not reaching the national benchmark, this salary reflects the specialized skills required for these critical financial roles.

Executive Summary

  • Average Salary: $111,680 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,420.
  • Outlook: The Waterbury-Shelton area supports a modest workforce of 200 Financial and Investment Analysts, with 1.273 professionals per 1,000 workers. The Location Quotient of 0.58 suggests that this profession is less concentrated here compared to the national average, implying a potentially less saturated but also less specialized local market for these roles. This indicates a stable, albeit not booming, demand for financial expertise within the region.
2024 Market Data

Salary Overview

$111,680

The average Financial and Investment Analysts in Waterbury-Shelton, CT earns-5.3%below the national average.

BreakdownBased on 40h/week
Hourly

$53.7

Weekly

$2,148

Monthly

$9,307

Financial and Investment Analysts Salary Distribution in Waterbury-Shelton, CT

Salary progression for Financial and Investment Analysts is strongly tied to experience and demonstrated expertise. Entry-level positions typically command salaries at the lower end of the spectrum, while senior analysts with extensive experience and a proven track record can expect significantly higher compensation. The gap between entry-level and senior roles, often reflected in salary percentiles, signifies substantial career growth opportunities and increased earning potential within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,810$31.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$83,760$40.3
ManagerOversees team, compliance, and project delivery.50% (Median)$100,720$48.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$139,600$67.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$165,420$79.5

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$111,680

Gross Pay

Real Wage (Purchasing Power)

$111,680

Adjusted for COL (100)

The average annual salary of $111,680 in Waterbury-Shelton, CT, aligns precisely with the national average cost of living, which stands at an index of 100. This means that the purchasing power of an analyst's salary in this region is comparable to the national standard, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.

Job Market Context

200

Total Jobs

1.273

Per 1K Jobs

0.58

Location Quotient

Below Average

Waterbury-Shelton, CT has 0.58x 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.

With a Location Quotient of 0.58, the Waterbury-Shelton, CT market for Financial and Investment Analysts is less concentrated than the national average. This suggests that while the demand exists, the pool of specialized talent might be smaller or more dispersed compared to major financial hubs. This could present opportunities for skilled analysts seeking roles where their expertise is highly valued, potentially leading to competitive compensation packages.

Nearby Job Markets

Nearby Cities for Financial and Investment Analysts

CitySalaryDist.
Connecticut nonmetropolitan area Financial and Investment Analysts Salary$98,120↓ 12%15 mi
New Haven, CT Financial and Investment Analysts Salary$100,390↓ 10%18 mi
Hartford-West Hartford-East Hartford, CT Financial and Investment Analysts Salary$103,620↓ 7%23 mi
Bridgeport-Stamford-Danbury, CT Financial and Investment Analysts Salary$159,130↑ 42%27 mi
Springfield, MA Financial and Investment Analysts Salary$106,750↓ 4%46 mi

Comparing salaries near Waterbury-Shelton, CT

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in Waterbury-Shelton, CT?

The median annual salary for a Financial and Investment Analysts in Waterbury-Shelton, CT is $111,680. This typically ranges from $65,810 for entry-level positions to $165,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 5.3% lower than the national median of $117,950.

Is Waterbury-Shelton, CT a lucrative place for Financial and Investment Analysts?

Moderately so, with compensation aligning with the national cost of living.While the average salary of $111,680 is slightly below the national average, the cost of living being at the national average (100) ensures comparable purchasing power. The lower concentration of professionals (LQ 0.58) may offer unique opportunities.

Is Waterbury-Shelton, CT a good place to live for Financial and Investment Analysts?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($98,120) and New Haven, CT.

How does the Waterbury-Shelton salary compare to the national average?

The average salary for Financial and Investment Analysts in Waterbury-Shelton, CT is $111,680, which is slightly lower than the national average of $117,950.

What is the cost of living in Waterbury-Shelton, CT for analysts?

The cost of living in Waterbury-Shelton, CT is at the national average, with an index of 100, meaning it is neither significantly more nor less expensive than the typical US city.

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

The job market is less concentrated than the national average, indicated by a Location Quotient of 0.58, suggesting fewer analysts per capita compared to the rest of the country.

What does the number of jobs per 1,000 workers signify?

With 1.273 jobs per 1,000 workers, this metric indicates the relative prevalence of Financial and Investment Analyst roles within the local workforce compared to other professions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Waterbury-Shelton, CT area with a job density of 1.273 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 Waterbury-Shelton, CT