The annual salary statistics of financial analysts in Norwich-New London, Rhode Island is shown in Table 1. The wage statistics of financial analysts in Norwich-New London 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 | $51,830 |
| 25th Percentile Wage | $66,200 |
| 50th Percentile Wage | $104,190 |
| 75th Percentile Wage | $132,100 |
| 90th Percentile Wage | $174,960 |
Table 1 shows the average annual salary for financial analysts in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $174,960. The median (50th percentile) annual salary is $104,190. The average annual salary for the bottom 10 percent earners is $51,830.
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 | $104,190 | 10.57% | 28.18% |
| 2021 | $93,180 | 19.02% | - |
| 2018 | $75,460 | 1.64% | - |
| 2017 | $74,220 | -1.55% | - |
| 2016 | $75,370 | -0.11% | - |
| 2015 | $75,450 | 5.28% | - |
| 2014 | $71,470 | -9.71% | - |
| 2013 | $78,410 | 4.57% | - |
| 2012 | $74,830 | - | - |
From Table 3 we note that with a median annual salary of $104,190, Norwich-New London is the highest paying city for financial analysts in state of Rhode Island, followed by Providence-Fall River-Warwick (median annual salary $81,040). In comparison, the median annual salary of financial analysts in Norwich-New London is 22.2 percent (22.2%) higher than that in Providence-Fall River-Warwick.
| Cities/Areas | Median Annual Salary |
|---|---|
| Norwich-New London | |
| Providence-Fall River-Warwick |