Business & Finance Kentucky (KY) Rank #46 of 50

Financial Analyst Salary in Kentucky

The median financial analyst salary in Kentucky is $82,720 per year, which is 13% below the national median of $95,080.

Median Salary
$82,720
vs National
$-12,360
State Rank
#46 of 50
Cost of Living
87%

Financial Analyst Salary Overview in Kentucky (2026)

Kentucky ranks #46 out of 50 states for financial analyst compensation. Financial Analyst salaries in Kentucky are below the national median, though the lower cost of living can offset the difference. At $82,720 per year, financial analysts in Kentucky earn $12,360 less than the national median of $95,080.

A key advantage of working in Kentucky is its below-average cost of living (87% of the national index). This means the $82,720 salary has the purchasing power of roughly $95,080 in an average-cost area.

The salary spread in Kentucky is significant: financial analysts at the 10th percentile earn $49,764, while those at the 90th percentile bring home $144,942 — a $95,178 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Kentucky for this role is Lexington, where the median reaches $88,424.

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for financial analysts across the country.

Financial Analyst Salary in Kentucky by Experience

In Kentucky, an entry-level financial analyst earns around $52,200, while experienced professionals earn up to $128,760 per year. The cost of living index in Kentucky is 87% of the national average.

Entry Level (0-2 yrs)
$52,200
$-7,800 vs national
Mid Level (3-7 yrs)
$83,520
$-12,480 vs national
Senior Level (8+ yrs)
$128,760
$-19,240 vs national

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Salary Percentiles in Kentucky

Percentile KY Salary
10th Percentile $49,764
25th Percentile $63,336
Median (50th) $82,720
75th Percentile $108,750
90th Percentile $144,942

Financial Analyst Salary by City in Kentucky

The largest employment areas for financial analysts in Kentucky include Louisville, Lexington, Bowling Green, and Owensboro. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Analyst in Kentucky

Education

Most financial analyst positions require a bachelor's degree. Kentucky has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Kentucky

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Kentucky's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Analyst Salary in Kentucky

How much does a Financial Analyst make in Kentucky? ▼
The median financial analyst salary in Kentucky is $82,720 per year, which is 13% below the national median of $95,080. Salaries range from $49,764 (10th percentile) to $144,942 (90th percentile).
How much does a Financial Analyst make per hour in Kentucky? ▼
Based on the median annual salary of $82,720, a financial analyst in Kentucky earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is Kentucky a good state for financial analysts? ▼
Kentucky ranks #46 out of 50 states for financial analyst pay. The cost of living index is 87% of the national average. Entry-level financial analysts earn $52,200, while senior professionals earn $128,760.
How does Kentucky compare to other states for financial analyst salary? ▼
The highest paying state for financial analysts is Hawaii at $161,636. Kentucky's median of $82,720 ranks #46 nationally. Nearby-ranked states include Alabama ($82,720) and Kansas ($82,720).
What is the entry-level financial analyst salary in Kentucky? ▼
An entry-level financial analyst in Kentucky earns approximately $52,200 per year. With 3-7 years of experience, pay increases to around $83,520. Senior-level professionals with 8+ years earn up to $128,760.
What city in Kentucky pays financial analysts the most? ▼
Lexington is the highest paying city in Kentucky for financial analysts, with a median salary of $88,424. Other cities include Louisville and Bowling Green.