Average Financial and Investment Analysts Salary in Winston-Salem, NC
Financial and Investment Analysts in Winston-Salem, NC earn an average annual salary of $85,600. This figure is notably below the national average of $117,950, reflecting the specific economic landscape and demand within the Winston-Salem metropolitan area. Local market dynamics, including industry concentration and the overall cost of doing business, play a significant role in shaping compensation for these specialized roles.
Executive Summary
- Average Salary: $85,600 per year.
- Growth Trend: Salaries have shifted 0.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,200.
- Outlook: Winston-Salem supports a local workforce of 420 Financial and Investment Analysts, with 1.535 jobs per 1,000 workers. The Location Quotient of 0.7 indicates a slightly lower concentration of these professionals compared to the national average. While not a major hub for this specific profession, the existing workforce suggests a stable, albeit not rapidly expanding, demand for financial expertise within the region.
Salary Overview
The average Financial and Investment Analysts in Winston-Salem, NC earns-27.4%below the national average.
$41.2
$1,646
$7,133
Financial and Investment Analysts Salary Trends (2020-2024)
While specific historical data for Winston-Salem's Financial and Investment Analyst salaries is not provided, it is reasonable to assume a general upward trend over the past four years, mirroring national patterns. Economic growth, evolving market demands, and inflation typically contribute to incremental salary increases for skilled professionals in finance, even in markets with lower concentration.
Financial and Investment Analysts Salary Distribution in Winston-Salem, NC
Experience is a significant driver of compensation for Financial and Investment Analysts. Entry-level positions typically start at the lower end of the salary spectrum, while senior analysts with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile, illustrate this career progression and the increasing value placed on seasoned professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,960 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,200 | $30.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,860 | $39.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,000 | $51.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,200 | $56.3 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$85,600
Gross Pay
Real Wage (Purchasing Power)
$85,600
Adjusted for COL (100)
The average annual salary of $85,600 for Financial and Investment Analysts in Winston-Salem aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of the salary in Winston-Salem is comparable to the national average, offering a stable financial environment for professionals considering a move to the area.
Job Market Context
420
Total Jobs
1.535
Per 1K Jobs
0.7
Location Quotient
Winston-Salem, NC has 0.70x 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 0.7, Winston-Salem has a lower concentration of Financial and Investment Analysts than the national average. This suggests that while opportunities exist, the market may be less saturated with specialized talent, potentially offering a competitive edge for skilled candidates. However, it also implies that the demand might be more niche, requiring professionals to align their skills with the specific needs of local industries.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Financial and Investment Analysts Salary | $98,910↑ 16% | 23 mi |
| Eastern North Carolina nonmetropolitan area Financial and Investment Analysts Salary | $89,290↑ 4% | 41 mi |
| Western North Carolina nonmetropolitan area Financial and Investment Analysts Salary | $89,340↑ 4% | 41 mi |
| Central North Carolina nonmetropolitan area Financial and Investment Analysts Salary | $92,820↑ 8% | 41 mi |
Comparing salaries near Winston-Salem, NC
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Winston-Salem, NC?
The median annual salary for a Financial and Investment Analysts in Winston-Salem, NC is $85,600. This typically ranges from $59,960 for entry-level positions to $117,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 27.4% lower than the national median of $117,950.
Is Winston-Salem, NC a lucrative place for Financial and Investment Analysts?
No, not exceptionally lucrative compared to national standards.While the average salary of $85,600 is stable with a cost of living at the national average, it falls significantly short of the national average salary of $117,950.
Is Winston-Salem, NC a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($98,910) and Eastern North Carolina nonmetropolitan area.
How does the Winston-Salem salary compare to the national average?
The average salary for Financial and Investment Analysts in Winston-Salem is $85,600, which is considerably lower than the national average of $117,950.
What is the cost of living in Winston-Salem like for analysts?
The cost of living in Winston-Salem is exactly at the national average (index of 100), meaning your salary of $85,600 has the same purchasing power as it would nationally.
Is there high demand for Financial and Investment Analysts in Winston-Salem?
The demand is moderate, indicated by 1.535 jobs per 1,000 workers and a Location Quotient of 0.7, suggesting a slightly lower concentration of these roles compared to the national average.
How many Financial and Investment Analysts work in Winston-Salem?
Winston-Salem has a local workforce of approximately 420 Financial and Investment Analysts.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Winston-Salem, NC area with a job density of 1.535 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 Winston-Salem, NC