The annual salary statistics of financial analysts in Birmingham-Hoover, Alabama is shown in Table 1. The wage data of financial analysts in Birmingham-Hoover is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $62,280 |
| 25th Percentile Wage | $75,990 |
| 50th Percentile Wage | $88,080 |
| 75th Percentile Wage | $127,700 |
| 90th Percentile Wage | $170,110 |
Table 1 shows the average annual salary for financial analysts in Birmingham-Hoover, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,110. The median (50th percentile) annual salary is $88,080. The average annual salary for the bottom 10 percent earners is $62,280.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $88,080 | -10.06% | 26.88% |
| 2021 | $96,940 | 17.38% | - |
| 2018 | $80,090 | 0.76% | - |
| 2017 | $79,480 | 12.56% | - |
| 2016 | $69,500 | -3.80% | - |
| 2015 | $72,140 | 4.74% | - |
| 2014 | $68,720 | -12.34% | - |
| 2013 | $77,200 | 16.58% | - |
| 2012 | $64,400 | - | - |
From Table 3 we note that with a median annual salary of $88,080, Birmingham-Hoover is the second highest paying city for financial analysts in state of Alabama, following the highest paying city Huntsville (median annual salary of $103,400). Compared with Huntsville, the median annual salary of financial analysts in Birmingham-Hoover is 14.8 percent (14.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Huntsville | |
| Birmingham-Hoover | |
| Montgomery | |
| Southeast Alabama nonmetropolitan area | |
| Tuscaloosa | |
| Decatur | |
| Mobile | |
| Southwest Alabama nonmetropolitan area |