Financial Analyst Salary in Colorado
Based on 8K+ workers in Colorado
Median Annual Salary (CO)
$103,850
$49.93/hr
vs National Average
$97,172
+6.9% vs national median
Salary Range (10th–90th)
$72K – $172K
8K employed in Colorado
Financial Analyst salary in Colorado averages $103,850 per year, positioning the state 7% above the national average. With approximately 8,040 financial analysts employed across Colorado, the field offers competitive compensation for professionals in this region. Salaries typically range from $71,590 to $171,570 annually, reflecting the diversity of experience levels and specializations within the profession.
Several factors influence Financial Analyst salary in Colorado, including years of experience, industry sector, company size, and educational credentials. Analysts working in finance, technology, and energy sectors often command higher salaries than those in smaller firms. Geographic concentration in Denver's business district and proximity to major corporations also impacts earning potential. Advanced certifications like the CFA can further enhance compensation prospects.
Salary Distribution — Financial Analyst in Colorado
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $71,590 |
| 25th percentile | $82,060 |
| Median (50th percentile) | $103,850 |
| 75th percentile | $131,010 |
| 90th percentile | $171,570 |
Top-Paying Industries for Financial Analyst (U.S.)
Which industries pay Financial Analysts the most — nationwide figures (industry-level data is not available by state). Financial Analysts in Colorado tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Mining, Quarrying, and Oil and Gas Extraction | $124,750 | 1K |
| Information | $118,090 | 12K |
| Finance and Insurance | $107,030 | 155K |
| Utilities | $106,720 | 2K |
| Real Estate and Rental and Leasing | $104,500 | 11K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Financial Analyst in Colorado vs National
| Year | Median Salary (Colorado) |
|---|---|
| 2022 | $95,870 |
| 2023 | $97,570 |
| 2024 | $99,200 |
| 2025 | $103,850 |
| 2026 (projected) | $108,718 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Colorado Median | National Median |
|---|---|---|
| 2022 | $95,870 | $85,095 |
| 2023 | $97,570 | $87,779 |
| 2024 | $99,200 | $94,263 |
| 2025 | $103,850 | $97,172 |
| 2026 (projected) | $108,718 | $101,727 |
Financial Analyst Salary by Experience Level in Colorado
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $82,060 |
| Mid-level | 3-5 yrs | $103,850 |
| Senior | 6-9 yrs | $131,010 |
| Staff / Lead | 10+ yrs | $171,570 |
Financial Analyst Salary in Other States
Related Financial Analyst Salaries in Colorado
How other high-demand occupations in Colorado compare to Financial Analyst ($103,850 median).
| Occupation | Median Salary | vs Financial Analyst | Hourly |
|---|---|---|---|
| Financial Manager in CO | $182,690 | +75.9% | $87.83/hr |
| Economist in CO | $121,410 | +16.9% | $58.37/hr |
| Actuary in CO | $120,440 | +16.0% | $57.90/hr |
| Financial Examiner in CO | $99,610 | -4.1% | $47.89/hr |
| Budget Analyst in CO | $97,100 | -6.5% | $46.68/hr |
| Accountant in CO | $97,030 | -6.6% | $46.65/hr |
| Loan Officer in CO | $94,520 | -9.0% | $45.44/hr |
| Personal Financial Advisor in CO | $89,280 | -14.0% | $42.92/hr |
| Tax Examiner in CO | $87,430 | -15.8% | $42.03/hr |
| Compliance Officer in CO | $82,450 | -20.6% | $39.64/hr |
| Credit Analyst in CO | $81,270 | -21.7% | $39.07/hr |
| Insurance Sales Agent in CO | $68,730 | -33.8% | $33.04/hr |
Frequently Asked Questions
How much do financial analysts make in Colorado?
- The median salary for financial analysts in Colorado is $103,850 per year, or $50 per hour. This is 6.9% higher than the national average, making Colorado a competitive market for this role.
What is the salary range for financial analysts in Colorado?
- Financial analyst salaries in Colorado range from $71,590 at the lower end to $171,570 at the upper end. This wide range reflects differences in experience, education, and specific job responsibilities.
How many financial analysts are employed in Colorado?
- There are approximately 8,040 financial analysts currently employed in Colorado, indicating a substantial job market for this profession in the state.
Is Colorado a good state for financial analyst salaries compared to the national average?
- Yes, Colorado offers financial analysts salaries that are 6.9% above the national average, with a median of $103,850 per year. This makes it a favorable location for professionals in this field seeking competitive compensation.