Occupational Employment and Wage Statistics
SHARE ON:
Occupational Employment and Wages, May 2023
13-2051 Financial and Investment Analysts
Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Excludes “Budget Analysts” (13-2031), “Financial Risk Specialists” (13-2054), and “Securities, Commodities, and Financial Services Sales Agents” (41-3031).
National estimates for Financial and Investment Analysts
Industry profile for Financial and Investment Analysts
Geographic profile for Financial and Investment Analysts
National estimates for Financial and Investment Analysts:
Employment estimate and mean wage estimates for Financial and Investment Analysts:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 325,220 |
0.8 % |
$ 54.30 |
$ 112,950 |
0.6 % |
Percentile wage estimates for Financial and Investment Analysts:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$ 29.25 |
$ 36.96 |
$ 47.60 |
$ 62.49 |
$ 84.54 |
| Annual Wage (2) |
$ 60,830 |
$ 76,880 |
$ 99,010 |
$ 129,970 |
$ 175,840 |
Industry profile for Financial and Investment Analysts:
Industries with the highest published employment and wages for Financial and Investment Analysts are provided.
For a list of all industries with employment in Financial and Investment Analysts, see the Create Customized Tables function.
Industries with the highest levels of employment in Financial and Investment Analysts:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
84,550 |
7.95 |
$ 67.19 |
$ 139,750 |
| Management of Companies and Enterprises |
44,590 |
1.61 |
$ 49.74 |
$ 103,450 |
| Credit Intermediation and Related Activities (5221 and 5223 only) |
29,780 |
1.46 |
$ 51.13 |
$ 106,340 |
| Management, Scientific, and Technical Consulting Services |
15,020 |
0.81 |
$ 52.87 |
$ 109,970 |
| Insurance Carriers |
14,320 |
1.17 |
$ 49.31 |
$ 102,560 |
Industries with the highest concentration of employment in Financial and Investment Analysts:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Other Investment Pools and Funds |
1,620 |
8.72 |
$ 70.50 |
$ 146,640 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
84,550 |
7.95 |
$ 67.19 |
$ 139,750 |
| Monetary Authorities-Central Bank |
580 |
2.70 |
$ 52.64 |
$ 109,490 |
| Management of Companies and Enterprises |
44,590 |
1.61 |
$ 49.74 |
$ 103,450 |
| Nondepository Credit Intermediation |
8,340 |
1.51 |
$ 48.87 |
$ 101,650 |
Top paying industries for Financial and Investment Analysts:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Web Search Portals, Libraries, Archives, and Other Information Services |
800 |
0.43 |
$ 74.45 |
$ 154,850 |
| Other Investment Pools and Funds |
1,620 |
8.72 |
$ 70.50 |
$ 146,640 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
84,550 |
7.95 |
$ 67.19 |
$ 139,750 |
| Pipeline Transportation of Crude Oil |
50 |
0.43 |
$ 62.75 |
$ 130,520 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
7,180 |
0.65 |
$ 62.40 |
$ 129,790 |
Geographic profile for Financial and Investment Analysts:
States and areas with the highest published employment, location quotients, and wages for Financial and Investment Analysts are provided.
For a list of all areas with employment in Financial and Investment Analysts, see the Create Customized Tables function.
States with the highest employment level in Financial and Investment Analysts:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
49,220 |
5.24 |
2.45 |
$ 68.91 |
$ 143,330 |
| California |
35,660 |
1.99 |
0.93 |
$ 60.20 |
$ 125,220 |
| Texas |
25,100 |
1.85 |
0.86 |
$ 49.32 |
$ 102,590 |
| Florida |
18,070 |
1.89 |
0.88 |
$ 46.16 |
$ 96,010 |
| Illinois |
17,060 |
2.84 |
1.32 |
$ 57.88 |
$ 120,390 |
States with the highest concentration of jobs and location quotients in Financial and Investment Analysts:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Delaware |
2,920 |
6.22 |
2.91 |
$ 52.46 |
$ 109,110 |
| District of Columbia |
3,710 |
5.29 |
2.47 |
$ 55.59 |
$ 115,620 |
| New York |
49,220 |
5.24 |
2.45 |
$ 68.91 |
$ 143,330 |
| Massachusetts |
16,840 |
4.62 |
2.16 |
$ 61.42 |
$ 127,760 |
| Rhode Island |
1,870 |
3.83 |
1.79 |
$ 46.68 |
$ 97,090 |
Top paying states for Financial and Investment Analysts:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
49,220 |
5.24 |
2.45 |
$ 68.91 |
$ 143,330 |
| Montana |
390 |
0.77 |
0.36 |
$ 61.88 |
$ 128,720 |
| New Jersey |
11,250 |
2.68 |
1.25 |
$ 61.67 |
$ 128,280 |
| Massachusetts |
16,840 |
4.62 |
2.16 |
$ 61.42 |
$ 127,760 |
| California |
35,660 |
1.99 |
0.93 |
$ 60.20 |
$ 125,220 |
Metropolitan areas with the highest employment level in Financial and Investment Analysts:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York-Newark-Jersey City, NY-NJ-PA |
51,950 |
5.47 |
2.55 |
$ 70.41 |
$ 146,450 |
| Boston-Cambridge-Nashua, MA-NH |
15,000 |
5.43 |
2.54 |
$ 62.15 |
$ 129,270 |
| Chicago-Naperville-Elgin, IL-IN-WI |
14,540 |
3.23 |
1.51 |
$ 59.14 |
$ 123,000 |
| Los Angeles-Long Beach-Anaheim, CA |
12,520 |
2.02 |
0.95 |
$ 56.25 |
$ 116,990 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
10,150 |
3.28 |
1.53 |
$ 56.80 |
$ 118,140 |
| Dallas-Fort Worth-Arlington, TX |
9,970 |
2.51 |
1.17 |
$ 49.13 |
$ 102,190 |
| San Francisco-Oakland-Hayward, CA |
9,350 |
3.86 |
1.80 |
$ 68.86 |
$ 143,240 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
9,070 |
3.21 |
1.50 |
$ 50.25 |
$ 104,520 |
| Atlanta-Sandy Springs-Roswell, GA |
8,810 |
3.13 |
1.46 |
$ 49.10 |
$ 102,120 |
| Denver-Aurora-Lakewood, CO |
6,090 |
3.83 |
1.79 |
$ 56.06 |
$ 116,600 |
Metropolitan areas with the highest concentration of jobs and location quotients in Financial and Investment Analysts:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Olympia-Tumwater, WA |
850 |
6.93 |
3.24 |
$ 31.97 |
$ 66,500 |
| Bloomington, IL |
560 |
6.08 |
2.84 |
$ 49.99 |
$ 103,970 |
| Bridgeport-Stamford-Norwalk, CT |
2,300 |
5.72 |
2.67 |
$ 68.39 |
$ 142,240 |
| New York-Newark-Jersey City, NY-NJ-PA |
51,950 |
5.47 |
2.55 |
$ 70.41 |
$ 146,450 |
| Boston-Cambridge-Nashua, MA-NH |
15,000 |
5.43 |
2.54 |
$ 62.15 |
$ 129,270 |
| Charlotte-Concord-Gastonia, NC-SC |
5,670 |
4.33 |
2.02 |
$ 52.80 |
$ 109,820 |
| San Francisco-Oakland-Hayward, CA |
9,350 |
3.86 |
1.80 |
$ 68.86 |
$ 143,240 |
| Denver-Aurora-Lakewood, CO |
6,090 |
3.83 |
1.79 |
$ 56.06 |
$ 116,600 |
| Salt Lake City, UT |
2,940 |
3.65 |
1.71 |
$ 49.98 |
$ 103,970 |
| Hartford-West Hartford-East Hartford, CT |
1,920 |
3.41 |
1.59 |
$ 48.49 |
$ 100,850 |
Top paying metropolitan areas for Financial and Investment Analysts:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York-Newark-Jersey City, NY-NJ-PA |
51,950 |
5.47 |
2.55 |
$ 70.41 |
$ 146,450 |
| San Francisco-Oakland-Hayward, CA |
9,350 |
3.86 |
1.80 |
$ 68.86 |
$ 143,240 |
| Bridgeport-Stamford-Norwalk, CT |
2,300 |
5.72 |
2.67 |
$ 68.39 |
$ 142,240 |
| San Jose-Sunnyvale-Santa Clara, CA |
3,340 |
2.93 |
1.37 |
$ 67.15 |
$ 139,680 |
| Missoula, MT |
(8) |
(8) |
(8) |
$ 66.08 |
$ 137,440 |
| Corpus Christi, TX |
160 |
0.83 |
0.39 |
$ 62.25 |
$ 129,470 |
| Boston-Cambridge-Nashua, MA-NH |
15,000 |
5.43 |
2.54 |
$ 62.15 |
$ 129,270 |
| Santa Rosa, CA |
210 |
1.00 |
0.47 |
$ 61.17 |
$ 127,230 |
| Chicago-Naperville-Elgin, IL-IN-WI |
14,540 |
3.23 |
1.51 |
$ 59.14 |
$ 123,000 |
| Anchorage, AK |
130 |
0.78 |
0.36 |
$ 58.90 |
$ 122,500 |
Nonmetropolitan areas with the highest employment in Financial and Investment Analysts:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Financial and Investment Analysts:
Top paying nonmetropolitan areas for Financial and Investment Analysts:
About May 2023 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia.
The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall.
The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median.
More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(8) Estimate not released.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration.
A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OEWS estimates and related information:
May 2023 National Occupational Employment and Wage Estimates
May 2023 State Occupational Employment and Wage Estimates
May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2023 National Industry-Specific Occupational Employment and Wage Estimates
May 2023 Occupation Profiles
Technical Notes
Last Modified Date: April 3, 2024
United States Department of Labor
