The annual salary statistics of financial analysts in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage statistics of financial analysts in Boston-Cambridge-Quincy 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 | $56,160 |
| 25th Percentile Wage | $68,310 |
| 50th Percentile Wage | $88,190 |
| 75th Percentile Wage | $113,270 |
| 90th Percentile Wage | $161,960 |
Table 1 shows the average annual salary for financial analysts in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $161,960. The median (50th percentile) annual salary is $88,190. The average annual salary for the bottom 10 percent earners is $56,160.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $88,190 | 3.07% | 14.25% |
| 2016 | $85,480 | -6.40% | - |
| 2015 | $90,950 | 6.29% | - |
| 2014 | $85,230 | 0.42% | - |
| 2013 | $84,870 | 10.90% | - |
| 2012 | $75,620 | - | - |
From Table 3 we note that the median annual salary of $88,190 in Boston-Cambridge-Quincy is in the middle of salary range for financial analysts in state of Massachusetts. In comparison, the annual salary of financial analysts in Boston-Cambridge-Quincy is 23.5 percent (23.5%) lower than that in the highest paying Leominster-Fitchburg-Gardner and 21.1 percent (21.1%) higher than that in the lowest paying Brockton-Bridgewater-Easton.
| Cities/Areas | Median Annual Salary |
|---|---|
| Leominster-Fitchburg-Gardner | |
| Barnstable Town | |
| New Bedford | |
| Boston-Cambridge-Quincy | |
| Worcester | |
| Peabody | |
| Boston-Cambridge-Quincy | |
| Taunton-Norton-Raynham | |
| Massachusetts nonmetropolitan area | |
| Springfield | |
| Framingham | |
| Pittsfield | |
| Brockton-Bridgewater-Easton |