Business & Finance Covington, KY Pop. 40,961

Financial Analyst Salary in Covington, Kentucky

The median financial analyst salary in Covington, KY is $83,670 per year, which is 12% below the national median and 1.1% above the Kentucky state average.

City Median
$83,670
vs State Avg
+$950
vs National
$-11,410
Cost of Living
88%

Financial Analyst Salary in Covington by Experience

In Covington, an entry-level financial analyst earns around $52,800, while experienced professionals earn up to $130,240 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$52,800
$-7,200 vs national
Mid Level (3-7 yrs)
$84,480
$-11,520 vs national
Senior Level (8+ yrs)
$130,240
$-17,760 vs national

Salary Percentiles in Covington, KY

Percentile Covington
10th Percentile $50,336
25th Percentile $64,064
Median (50th) $83,670
75th Percentile $110,000
90th Percentile $146,608

Financial Analyst Salary in Other Kentucky Cities

Lexington, KY
$88,424
Pop. 322,570
Louisville, KY
$87,474
Pop. 633,045
Bowling Green, KY
$79,867
Pop. 74,735
Owensboro, KY
$77,966
Pop. 60,183

How to Become a Financial Analyst in Covington

Education

Most financial analyst positions require a bachelor's degree. Covington and the surrounding Kentucky area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Covington may vary based on local industry and population growth.

Find Financial Analyst Jobs in Covington

Browse open financial analyst positions in Covington, KY:

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Frequently Asked Questions: Financial Analyst Salary in Covington

How much does a Financial Analyst make in Covington, KY? ▼
The median financial analyst salary in Covington, Kentucky is $83,670 per year, which is 12% below the national median of $95,080. Salaries range from $50,336 (10th percentile) to $146,608 (90th percentile).
How much does a Financial Analyst make per hour in Covington? ▼
Based on the median annual salary of $83,670, a financial analyst in Covington earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Covington compare to the Kentucky state average for financial analyst pay? ▼
Covington's median financial analyst salary of $83,670 is 1.1% above the Kentucky state average of $82,720. The local cost of living index is 88% of the national average.
What is the cost of living in Covington, KY? ▼
Covington has a cost of living index of 88% compared to the national average. This means a financial analyst salary of $83,670 in Covington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Covington? ▼
Most financial analyst positions in Covington require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.