The highest-paying states for financial analysts (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of financial analysts in those states are also shown in the table. As shown in the table, with an annual salary of $123,950, New York is the highest paying state for financial analysts. It is followed by District of Columbia (average annual salary $103,010). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2023 [1]. For more salary information of financial analysts in a specific state, use the links in the table.
| Rank | State | Average Salary i | Entry Level Salary i |
# of Empl. i |
|---|---|---|---|---|
| 1 | New York | $123,950 |
$75,340 | 46,720 |
| 2 | District of Columbia | $103,010 |
$64,460 | 3,860 |
| 3 | California | $102,960 |
$65,620 | 30,210 |
| 4 | Connecticut | $100,740 |
$65,640 | 5,860 |
| 5 | New Jersey | $100,730 |
$64,950 | 11,650 |
| 6 | Virginia | $99,960 |
$60,090 | 9,430 |
| 7 | Alaska | $97,960 |
$57,310 | 250 |
| 8 | Maryland | $96,330 |
$61,100 | 4,220 |
| 9 | Colorado | $95,870 |
$63,290 | 6,050 |
| 10 | Massachusetts | $95,410 |
$62,840 | 11,910 |
| 11 | Illinois | $94,140 |
$59,610 | 14,360 |
| 12 | Oregon | $93,250 |
$54,880 | 2,270 |
| 13 | Washington | $92,000 |
$58,220 | 6,120 |
| 14 | Wyoming | $91,520 |
$58,330 | 50 |
| 15 | Minnesota | $91,420 |
$61,230 | 6,310 |
| 16 | North Carolina | $89,960 |
$60,970 | 10,270 |
| 17 | Alabama | $89,790 |
$59,370 | 1,900 |
| 18 | New Mexico | $84,670 |
$54,320 | 490 |
| 19 | Delaware | $84,120 |
$64,100 | 1,910 |
| 20 | Vermont | $83,430 |
$50,980 | 190 |
| 21 | Wisconsin | $83,260 |
$50,590 | 4,250 |
| 22 | Texas | $83,040 |
$55,700 | 24,930 |
| 23 | Tennessee | $83,010 |
$50,790 | 3,270 |
| 24 | Nevada | $82,780 |
$57,640 | 820 |
| 25 | Iowa | $81,940 |
$57,050 | 1,660 |
| 26 | Maine | $81,910 |
$55,360 | 680 |
| 27 | Georgia | $81,890 |
$52,150 | 8,940 |
| 28 | Hawaii | $81,790 |
$52,970 | 510 |
| 29 | New Hampshire | $81,360 |
$62,390 | 880 |
| 30 | Indiana | $81,140 |
$54,090 | 2,810 |
| 31 | Rhode Island | $81,040 |
$60,740 | 1,880 |
| 32 | Pennsylvania | $80,980 |
$54,320 | 9,980 |
| 33 | Michigan | $80,600 |
$58,920 | 6,860 |
| 34 | Ohio | $80,090 |
$52,000 | 8,420 |
| 35 | Kentucky | $79,320 |
$51,410 | 1,530 |
| 36 | Arizona | $79,240 |
$52,140 | 4,750 |
| 37 | Oklahoma | $79,220 |
$47,890 | 1,420 |
| 38 | Florida | $78,930 |
$51,800 | 14,820 |
| 39 | South Dakota | $78,610 |
$55,050 | 620 |
| 40 | Kansas | $78,460 |
$51,340 | 1,340 |
| 41 | Montana | $78,410 |
$49,700 | 160 |
| 42 | Missouri | $78,350 |
$45,700 | 5,790 |
| 43 | North Dakota | $77,940 |
$52,060 | 240 |
| 44 | Arkansas | $77,880 |
$49,500 | 1,030 |
| 45 | South Carolina | $77,630 |
$48,230 | 2,820 |
| 46 | West Virginia | $75,190 |
$49,700 | 380 |
| 47 | Nebraska | $73,460 |
$41,610 | 1,090 |
| 48 | Idaho | $72,680 |
$46,630 | 810 |
| 49 | Mississippi | $67,720 |
$47,230 | 520 |
| 50 | Louisiana | $65,810 |
$39,080 | 1,340 |
| 51 | Utah | $64,940 |
$45,170 | 2,760 |
| 52 | Puerto Rico | $51,530 |
$34,500 | 1,170 |
| 53 | Virgin Islands | $49,440 |
$38,910 | 60 |