The annual salary statistics of financial analysts in Cleveland-Elyria-Mentor, Ohio is shown in Table 1. The wage information of financial analysts in Cleveland-Elyria-Mentor 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 | $56,990 |
| 25th Percentile Wage | $63,480 |
| 50th Percentile Wage | $80,240 |
| 75th Percentile Wage | $103,460 |
| 90th Percentile Wage | $153,200 |
Table 1 shows the average annual salary for financial analysts in Cleveland-Elyria-Mentor, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,200. The median (50th percentile) annual salary is $80,240. The average annual salary for the bottom 10 percent earners is $56,990.
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 | $80,240 | 3.30% | 12.23% |
| 2021 | $77,590 | 10.84% | - |
| 2018 | $69,180 | -5.97% | - |
| 2017 | $73,310 | 2.85% | - |
| 2016 | $71,220 | -1.78% | - |
| 2015 | $72,490 | 2.68% | - |
| 2014 | $70,550 | -0.58% | - |
| 2013 | $70,960 | 0.75% | - |
| 2012 | $70,430 | - | - |
From Table 3 we note that the median annual salary of $80,240 in Cleveland-Elyria-Mentor is in the middle of salary range for financial analysts in state of Ohio. In comparison, the annual salary of financial analysts in Cleveland-Elyria-Mentor is 11.3 percent (11.3%) lower than that in the highest paying Lima and 21.1 percent (21.1%) higher than that in the lowest paying Eastern Ohio nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lima | |
| Columbus | |
| Cincinnati-Middletown | |
| Cleveland-Elyria-Mentor | |
| Canton-Massillon | |
| Dayton | |
| West Northwestern Ohio nonmetropolitan area | |
| Toledo | |
| Akron | |
| Other Ohio nonmetropolitan area | |
| Springfield | |
| Southern Ohio nonmetropolitan area | |
| Eastern Ohio nonmetropolitan area |