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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 among Massachusetts 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$55,570
25th Percentile Wage
$67,710
50th Percentile Wage
$86,880
75th Percentile Wage
$107,920
90th Percentile Wage
$156,260

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 $156,260. The median (50th percentile) annual salary is $86,880. The average annual salary for the bottom 10 percent is $55,570.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial analysts from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$86,880
1.91% 13.49%
2016
$85,220
-4.13% -
2015
$88,740
5.09% -
2014
$84,220
1.02% -
2013
$83,360
9.84% -
2012
$75,160
- -

Table 3. Median Annual Salary of Financial Analysts in Massachusetts Cities

Table 3 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 $69,590 to $96,320. The highest paying area for financial analysts in Massachusetts is New Bedford with a median annual salary of $96,320. The second highest paying city/area in Massachusetts State is Peabody (mean annual salary $89,140). The lowest paying area is Brockton-Bridgewater-Easton with a median annual salary of $69,590.

Cities/Areas Median Annual Salary
New Bedford
$96,320
Peabody
$89,140
Boston-Cambridge-Quincy
$88,190
Taunton-Norton-Raynham
$87,500
Boston-Cambridge-Quincy
$86,750
Pittsfield
$85,160
Framingham
$81,950
Barnstable Town
$81,010
Leominster-Fitchburg-Gardner
$79,550
Springfield
$74,960
Worcester
$74,720
Brockton-Bridgewater-Easton
$69,590




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