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Financial Analyst Salary Information in Massachusetts

The average annual and hourly salaries for financial analysts in the state of Massachusetts are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial analysts amongst Massachusetts metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Analysts in Massachusetts

Percentile BracketAverage Annual Salary
90th Percentile Wage
$185,120
75th Percentile Wage
$120,960
50th Percentile Wage
$84,220
25th Percentile Wage
$63,020
10th Percentile Wage
$48,990

Table 1 shows the average annual salary for financial analysts in Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $185,120. The median (50th percentile) annual salary is $84,220. The average annual salary for the bottom 10 percent is $48,990.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
$89.00
75th Percentile Wage
$58.15
50th Percentile Wage
$40.49
25th Percentile Wage
$30.30
10th Percentile Wage
$23.55

Table 2 shows the average hourly salary for financial analysts in Massachusetts in 5 percentile scales. The average hourly salary for the 90th percentile is $89.00. The median hourly salary is $40.49. The average hourly salary for the bottom 10 percent is $23.55.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $84,220 1.03%
2013 $83,360 10.91%
2012 $75,160 -4.90%
2011 $79,030 4.00%
2010 $75,990 -

Table 3 shows the salary trend for financial analysts in state of Massachusetts from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 10.83%. We note that in 2013 the average salary increased by 10.91%. We also see the year 2011 had a positive salary growth of 4.00% while year 2012 had a negtive one (-4.90%).

Table 4. Average Financial Analyst Wage in Massachusetts vs. Related Jobs

OccupationAverage Wage
Financial Analysts
$84,220
Personal Financial Advisors
$95,760
Insurance Underwriters
$70,000
Financial Examiners
$89,520
Credit Counselors
$47,780
Loan Officers
$75,460
Tax Examiners and Collectors, and Revenue Agents
$62,180

Table 5. Median Annual Salary of Financial Analysts in Massachusetts Cities

Table 5 shows the median annual salary of financial analysts in some Massachusetts cities and metropolitan areas. We note that the median annual salary of financial analysts in state of Massachusetts ranges from $69,510 to $88,050. The highest paying area for financial analysts in Massachusetts is Framingham with a median annual salary of $88,050. The second highest paying city/area in Massachusetts State is Brockton-Bridgewater-Easton (mean annual salary $87,990). The lowest paying area is Springfield with a median annual salary of $69,510.

Cities/Areas Median Annual Salary
Framingham
$88,050
Brockton-Bridgewater-Easton
$87,990
Boston-Cambridge-Quincy
$85,230
Boston-Cambridge-Quincy
$84,800
Worcester
$84,530
Taunton-Norton-Raynham
$80,400
Peabody
$71,260
Springfield
$69,510

Financial Analyst Salary by State

Alabama       Alaska       Arizona       Arkansas       California       Colorado       Connecticut       Delaware       D.C.       Florida       Georgia       Hawaii       Idaho       Illinois       Indiana       Iowa       Kansas       Kentucky       Louisiana       Maine       Maryland       Massachusetts       Michigan       Minnesota       Mississippi       Missouri       Montana       Nebraska       Nevada       New Hampshire       New Jersey       New Mexico       New York       North Carolina       North Dakota       Ohio       Oklahoma       Oregon       Pennsylvania       Puerto Rico       Rhode Island       South Carolina       South Dakota       Tennessee       Texas       Utah       Vermont       Virgin Islands       Virginia       Washington       West Virginia       Wisconsin       Wyoming      

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