Average Financial and Investment Analysts Salary in Wichita, KS
Financial and Investment Analysts in Wichita, KS, earn an average annual salary of $78,240. This figure is notably below the national average of $117,950, reflecting the specific economic landscape and demand within the Wichita metropolitan area. Local market dynamics, industry concentration, and the overall cost of doing business significantly influence compensation levels for these specialized roles.
Executive Summary
- Average Salary: $78,240 per year.
- Growth Trend: Salaries have shifted 1.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,280.
- Outlook: The job market for Financial and Investment Analysts in Wichita, KS, shows a modest concentration, with a Location Quotient of 0.34, indicating a lower presence compared to the national average. The total local workforce of 230 professionals suggests a niche but stable employment base. While not a major hub for this profession, the existing workforce size and job density (0.761 jobs per 1,000 workers) point to consistent, albeit not rapidly expanding, opportunities.
Salary Overview
The average Financial and Investment Analysts in Wichita, KS earns-33.7%below the national average.
$37.6
$1,505
$6,520
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Wichita is not provided, it is generally assumed that salaries for Financial and Investment Analysts have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial markets, even in localized economies.
Financial and Investment Analysts Salary Distribution in Wichita, KS
Career progression for Financial and Investment Analysts in Wichita, KS, is marked by increasing earning potential with experience. Entry-level positions may start closer to the lower end of the salary spectrum, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries, potentially reaching into the six figures. The gap between entry-level and senior roles represents substantial career advancement and salary growth opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,500 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,680 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,430 | $36.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,800 | $47 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,280 | $58.8 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$78,240
Gross Pay
Real Wage (Purchasing Power)
$78,240
Adjusted for COL (100)
The nominal salary of $78,240 for Financial and Investment Analysts in Wichita, KS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an analyst's salary in Wichita is equivalent to the national average, suggesting that while the nominal pay is lower than the national average, the cost of living does not necessitate a higher salary to maintain a comparable standard of living.
Job Market Context
230
Total Jobs
0.761
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Wichita, KS 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 0.34, Wichita, KS, has a lower concentration of Financial and Investment Analysts compared to the national average. This suggests that the job market is less saturated, potentially offering a more competitive environment for job seekers if demand is steady, or fewer opportunities if the industry is not a primary economic driver in the region. Employers may find it easier to attract talent from outside the immediate area due to the lower local density.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Kansas nonmetropolitan area Financial and Investment Analysts Salary | $72,290↓ 8% | 67 mi |
Comparing salaries near Wichita, KS
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Wichita, KS?
The median annual salary for a Financial and Investment Analysts in Wichita, KS is $78,240. This typically ranges from $40,500 for entry-level positions to $122,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 33.7% lower than the national median of $117,950.
Is Wichita, KS a lucrative place for Financial and Investment Analysts?
No, not compared to the national average.While the cost of living is average, the average salary of $78,240 is significantly lower than the national average of $117,950, indicating less lucrative compensation.
Is Wichita, KS a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($72,290) and others.
How does the Wichita Financial Analyst salary compare to the national average?
The average salary for Financial and Investment Analysts in Wichita, KS, is $78,240, which is considerably lower than the national average of $117,950.
What is the Cost of Living in Wichita, KS, for Financial Analysts?
Wichita, KS, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of a salary in Wichita is equivalent to the national average.
How concentrated is the Financial Analyst job market in Wichita, KS?
The job market for Financial and Investment Analysts in Wichita is less concentrated than the national average, with a Location Quotient of 0.34, indicating fewer professionals in this field relative to the national scale.
What is the total workforce of Financial and Investment Analysts in Wichita, KS?
There are approximately 230 Financial and Investment Analysts working in Wichita, KS, representing a niche segment of the local professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Wichita, KS area with a job density of 0.761 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 Wichita, KS