Financial Analyst Salary in Rhode Island
Based on 2K+ workers in Rhode Island
Median Annual Salary (RI)
$100,550
$48.34/hr
vs National Average
$97,172
+3.5% vs national median
Salary Range (10th–90th)
$63K – $175K
2K employed in Rhode Island
The Financial Analyst salary in Rhode Island is a compelling figure, with a median annual earning of $100,550. This figure sits comfortably above the national average, representing a 3% premium for those in the Ocean State. Currently, approximately 1,790 professionals are employed in this vital financial role across Rhode Island, showcasing a robust demand for their expertise.
Several factors contribute to the Financial Analyst salary in Rhode Island. Experience level and specific industry play significant roles, with specialists in high-demand sectors or those with extensive experience commanding salaries at the higher end of the $63,050 to $175,270 range. Location within Rhode Island and the size and profitability of the employing organization also influence compensation packages.
Salary Distribution — Financial Analyst in Rhode Island
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $63,050 |
| 25th percentile | $77,870 |
| Median (50th percentile) | $100,550 |
| 75th percentile | $131,140 |
| 90th percentile | $175,270 |
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 Rhode Island 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 Rhode Island vs National
| Year | Median Salary (Rhode Island) |
|---|---|
| 2022 | $81,040 |
| 2023 | $80,950 |
| 2024 | $84,800 |
| 2025 | $100,550 |
| 2026 (projected) | $106,583 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Rhode Island Median | National Median |
|---|---|---|
| 2022 | $81,040 | $85,095 |
| 2023 | $80,950 | $87,779 |
| 2024 | $84,800 | $94,263 |
| 2025 | $100,550 | $97,172 |
| 2026 (projected) | $106,583 | $103,002 |
Financial Analyst Salary by Experience Level in Rhode Island
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $77,870 |
| Mid-level | 3-5 yrs | $100,550 |
| Senior | 6-9 yrs | $131,140 |
| Staff / Lead | 10+ yrs | $175,270 |
Financial Analyst Salary in Other States
Related Financial Analyst Salaries in Rhode Island
How other high-demand occupations in Rhode Island compare to Financial Analyst ($100,550 median).
| Occupation | Median Salary | vs Financial Analyst | Hourly |
|---|---|---|---|
| Financial Manager in RI | $166,940 | +66.0% | $80.26/hr |
| Actuary in RI | $111,090 | +10.5% | $53.41/hr |
| Accountant in RI | $95,820 | -4.7% | $46.07/hr |
| Financial Examiner in RI | $94,130 | -6.4% | $45.25/hr |
| Budget Analyst in RI | $92,790 | -7.7% | $44.61/hr |
| Compliance Officer in RI | $87,620 | -12.9% | $42.13/hr |
| Credit Analyst in RI | $85,920 | -14.5% | $41.31/hr |
| Personal Financial Advisor in RI | $80,200 | -20.2% | $38.56/hr |
| Insurance Sales Agent in RI | $79,930 | -20.5% | $38.43/hr |
| Tax Examiner in RI | $78,990 | -21.4% | $37.98/hr |
| Loan Officer in RI | $77,250 | -23.2% | $37.14/hr |
| Registered Nurse in RI | $100,640 | +0.1% | $48.38/hr |
Frequently Asked Questions
How much does a Financial Analyst make in Rhode Island?
- The median salary for a Financial Analyst in Rhode Island is $100,550 per year. This breaks down to an hourly rate of approximately $48, and is 3.5% higher than the national average.
What is the typical salary range for Financial Analysts in Rhode Island?
- In Rhode Island, Financial Analysts can expect to earn between $63,050 and $175,270 annually. The median salary falls within this range at $100,550 per year.
Is the salary for Financial Analysts in Rhode Island higher than the national average?
- Yes, Financial Analysts in Rhode Island earn 3.5% more than the national average. The median salary here is $100,550 annually, compared to the national median.
How many Financial Analysts are employed in Rhode Island?
- There are approximately 1,790 Financial Analysts currently employed in Rhode Island. This reflects the demand for financial analysis roles within the state.