Average Financial Specialists, All Other Salary in Pittsburgh, PA
Financial Specialists, All Other in Pittsburgh, PA, earn an average annual salary of $82,600. This figure is notably below the national average of $94,320, indicating that local market dynamics and potentially different industry concentrations influence compensation in the Steel City. While the nominal salary may seem lower, understanding the cost of living is crucial for a complete picture.
Executive Summary
- Average Salary: $82,600 per year.
- Growth Trend: Salaries have shifted 6.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,260.
- Outlook: With a local workforce of 710 Financial Specialists, All Other, Pittsburgh presents a moderately sized talent pool. The Location Quotient of 0.77 suggests a slightly lower concentration of these roles compared to the national average, implying a stable but not exceptionally high demand within the immediate region.
Salary Overview
The average Financial Specialists, All Other in Pittsburgh, PA earns-12.4%below the national average.
$39.7
$1,588
$6,883
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial Specialists, All Other in Pittsburgh have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for specialized financial expertise.
Financial Specialists, All Other Salary Distribution in Pittsburgh, PA
The salary progression for Financial Specialists, All Other in Pittsburgh typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries significantly higher, potentially reaching into the upper percentiles of the $82,600 average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,650 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,950 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,910 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,250 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,260 | $65.5 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$82,600
Gross Pay
Real Wage (Purchasing Power)
$82,600
Adjusted for COL (100)
The average annual salary of $82,600 in Pittsburgh aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Financial Specialist's salary in Pittsburgh is equivalent to the national average, making the nominal salary figure more representative of actual living standards.
Job Market Context
710
Total Jobs
0.636
Per 1K Jobs
0.77
Location Quotient
Pittsburgh, PA has 0.77x the national average concentration of Financial Specialists, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.77 for Financial Specialists, All Other in Pittsburgh indicates that the presence of these roles is slightly less concentrated than the national average. This suggests that while the profession is present and contributes to the local economy, it is not a dominant sector, potentially leading to a competitive job market for specialized roles.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Morgantown, WV Financial Specialists, All Other Salary | $94,100↑ 14% | 55 mi |
| Youngstown-Warren, OH Financial Specialists, All Other Salary | $73,440↓ 11% | 57 mi |
Comparing salaries near Pittsburgh, PA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Pittsburgh, PA?
The median annual salary for a Financial Specialists, All Other in Pittsburgh, PA is $82,600. This typically ranges from $51,650 for entry-level positions to $136,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pittsburgh, PA is 12.4% lower than the national median of $94,320.
Is Pittsburgh, PA a lucrative place for Financial Specialists, All Others?
No, not exceptionally lucrative compared to the national average.The average salary of $82,600 is below the national average, although the cost of living is on par. This means while your money goes as far, the absolute earning potential is lower than the national benchmark.
Is Pittsburgh, PA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Pittsburgh, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pittsburgh, PA?
Some top paying nearby cities include Morgantown, WV ($94,100) and Youngstown-Warren, OH.
How does Pittsburgh's cost of living affect the Financial Specialist salary?
With a Cost of Living Index of 100, Pittsburgh's cost of living is exactly at the national average. This means the $82,600 salary offers purchasing power equivalent to the national average, making it a fair, though not above-average, compensation.
What is the concentration of Financial Specialists, All Other in Pittsburgh?
The Location Quotient of 0.77 indicates that Financial Specialists, All Other are slightly less concentrated in Pittsburgh compared to the national average. This suggests a moderate presence of these roles in the local job market.
How many Financial Specialists, All Other work in Pittsburgh?
There are approximately 710 Financial Specialists, All Other employed in Pittsburgh, PA, representing 0.636 jobs per 1,000 workers in the local economy.
Is the job market for Financial Specialists, All Other growing in Pittsburgh?
While specific growth rates are not detailed, the stable workforce size and moderate concentration suggest a consistent, rather than rapidly expanding, job market for Financial Specialists, All Other in Pittsburgh.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Pittsburgh, PA area with a job density of 0.636 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Specialists, All Other Salaries by State
Top Jobs in Pittsburgh, PA
- All Occupations Salary in Pittsburgh, PA
- Office and Administrative Support Occupations Salary in Pittsburgh, PA
- Food Preparation and Serving Related Occupations Salary in Pittsburgh, PA
- Sales and Related Occupations Salary in Pittsburgh, PA
- Transportation and Material Moving Occupations Salary in Pittsburgh, PA
- Healthcare Practitioners and Technical Occupations Salary in Pittsburgh, PA
- Management Occupations Salary in Pittsburgh, PA
- Business and Financial Operations Occupations Salary in Pittsburgh, PA
- Educational Instruction and Library Occupations Salary in Pittsburgh, PA
- Healthcare Support Occupations Salary in Pittsburgh, PA
- Browse All Jobs in Pittsburgh, PA →
Semantic Salary Analysis for Financial Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Pittsburgh, PA