Financial Analyst Salary in Massachusetts
Based on 15K+ workers in Massachusetts
Median Annual Salary (MA)
$111,040
$53.385/hr
vs National Average
$97,172
+14.3% vs national median
Salary Range (10th–90th)
$78K – $205K
15K employed in Massachusetts
Financial Analyst salary in Massachusetts averages $111,040 per year, which is 14% above the national average. With approximately 14,790 financial analysts working throughout the state, Massachusetts offers competitive compensation for professionals in this field. Salaries typically range from $77,940 to $205,320 annually, reflecting the significant variation based on experience and specialization.
Several factors influence Financial Analyst salary in Massachusetts, including years of experience, educational credentials, and industry sector. Geographic location within the state matters as well, with Boston's financial hub commanding higher salaries than rural areas. Company size, specific technical skills, and professional certifications like CFA also play crucial roles in determining compensation levels across the state.
Salary Distribution — Financial Analyst in Massachusetts
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $77,940 |
| 25th percentile | $90,190 |
| Median (50th percentile) | $111,040 |
| 75th percentile | $161,530 |
| 90th percentile | $205,320 |
Historical Salary Trend — Financial Analyst in Massachusetts vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $95,410 |
| 2023 | $103,240 |
| 2024 | $107,610 |
| 2025 | $111,040 |
| Year | Massachusetts Median | National Median |
|---|---|---|
| 2022 | $95,410 | $85,095 |
| 2023 | $103,240 | $87,779 |
| 2024 | $107,610 | $94,263 |
| 2025 | $111,040 | $97,172 |
Financial Analyst Salary by Experience Level in Massachusetts
Financial Analyst Salary in Other States
Frequently Asked Questions
How much do financial analysts make in Massachusetts?
- The median salary for a financial analyst in Massachusetts is $111,040 per year, or approximately $53 per hour. This is 14.3% higher than the national average for this position.
What is the salary range for financial analysts in Massachusetts?
- Financial analyst salaries in Massachusetts range from $77,940 to $205,320 per year, depending on experience, education, and employer. This wide range reflects the variation between entry-level and senior positions in the field.
How many financial analysts work in Massachusetts?
- There are approximately 14,790 financial analysts currently employed in Massachusetts, indicating a substantial job market for this profession in the state.
Is Massachusetts a good state for financial analyst salaries?
- Yes, Massachusetts offers competitive financial analyst salaries with a median of $111,040 annually, which exceeds the national average by 14.3%. This makes it an attractive location for professionals in this field.