Financial analysts
Detailed Occupation
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2021 Workforce
273k
Average Age
38.9
Estimated Job Growth
6.16%
10-year projection
Average Salary
$124,722
Average Male Salary
$143,711
Average Female Salary
$97,875
About
Financial analysts are most often employed by the industry. The average yearly wage for Financial analysts was $124,722 in 2021.
The locations that employ the most Financial analysts are , , and . The locations with a relatively high concentration of Financial analysts are , , and .
Employment
Employment and salary information for the Financial analysts workforce. Financial analysts workforce in 2021 was 273,293 people, of which 41.4% were women and 58.6% were men. Financial analysts are paid most in but are relatively concentrated in .
Employment Over Time
Metric
Grouping
160,074
Male Workforce
± 9.82k
113,219
Female Workforce
± 8.26k
The Financial analysts workforce in 2021 was 273,293 people (41.4% women and 58.6% men). This implies an average annual growth of 186% between 2014 (95,598) and 2021 (273,293).
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Employment by Location
Level
Metric
This map shows the states in the United States shaded by average wage for Financial analysts.
During 2021, the states that concentrated the best average annual wage were Connecticut ($213,620), New York ($195,397), and New Jersey ($161,370).
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Yearly Wage Ranking
$124,722
AVERAGE WAGE
#20 in the ranking (2021)
$59,596
NATIONAL AVERAGE WAGE
For all occupations across the US
In 2021, Financial analysts earned an average of $124,722, $65,127 more than the average national salary of $59,596
The graph shows the ranking of Financial analysts in relation to all Detailed Occupation in 2021.
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Wage Distribution
Gender
0.413
WAGE GINI
In 2021, Financial analysts had a wage GINI coefficient of 0.413, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Financial analysts (shown in red) than for the overall labor force (shown in gray).
The graphic shows the distribution of average salaries by buckets for Financial analysts compared to the entire workforce in the country.
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Industry
Information on the industries that employ Financial analysts and on wages for those in the field. is the industry that employs the most Financial analysts, both by share and by number, though the highest paid industry for Financial analysts, by average wage, is Agricultural chemical manufacturing ($251,971).
Occupations by Industries
Metric
Value
273k
2021 Workforce
± 12,823
11.2%
1 YEAR GROWTH
± 6.13%
This graphic shows the share of Financial analysts employed by various industries. employs the largest share of Financial analysts at 58.8%, followed by with 24% and with 17.3%.
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Diversity
Demographic information on Financial analysts in the US. The workforce of Financial analysts in 2021 was 273,293 people, with 41.4% woman, and 58.6% men. The average age of male Financial analysts in the workforce is 37.6 and of female Financial analysts is 40.6, and the most common race/ethnicity for Financial analysts is White.
Gender and Age
Metric
The workforce of Financial analysts in 2021 was 273,293 people, with 41.4% woman, and 58.6% men.
The age ranges that concentrated the largest workforce were 25 to 29 years (53,014 people), 30 to 34 years (45,497 people), and 35 to 39 years (37,415 people). Among them they concentrated 49.8% of the total workforce.
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Ethnicity
Gender
In 2021, 8.92% of Financial analysts workers were Hispanic and 91.1% non-Hispanic.
The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (72.5%), Puerto Rican (17.2)%, and All Other Spanish/Hispanic/Latino (10.3)%
You can review this information by gender using the selectors above.
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Races
In 2021, 69.4% of the Financial analysts workforce were White, of which 37.7% were women and 62.3% men. Other races that concentrated a significant number of workers were Asian (14.7%) and Black (7.7%).
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Data on higher education choices for Financial analysts from The Department of Education and Census Bureau. The most common major for Financial analysts is Business but the most specialized major according to RCA in 2021 were Business.
Majors
ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.
Type of Majors
Degree
The most common majors achieved by Financial analysts in 2021 (counting all academic degrees) were Business (137,783 people), Social Sciences (33,061 people), and Engineering (12,356 people).
You can review this information for different academic grades by modifying the option selected in the selector above.
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Education Levels
Metric
The main educational levels achieved by the Financial analysts workers were Bachelors Degree (148,099 people), Graduate Degree (93,399 people), and Some college (15,661 people).
The graphic shows the Financial analysts workforce by gender and educational level.
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Projections
Projections on job growth for Financial and Investment Analysts from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Financial and Investment Analysts are expected to see a growth of 6.16% over the same period. This occupation is expected to grow more than the national average.
Job Growth
For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Financial and Investment Analysts.
6.16%
Estimated Job Growth
10-year Projection
3.71%
National Growth
10-year Projection
This line chart shows the projected 10-year growth in the number of jobs for Financial analysts. This profession is expected to grow more than than 3.71%, the average rate of national job growth.
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