Business & Finance Massachusetts (MA) Rank #2 of 50

Financial Analyst Salary in Massachusetts

The median financial analyst salary in Massachusetts is $135,014 per year, which is 42.0% above the national median of $95,080.

Median Salary
$135,014
vs National
+$39,934
State Rank
#2 of 50
Cost of Living
135%

Financial Analyst Salary in Massachusetts by Experience

In Massachusetts, an entry-level financial analyst earns around $85,200, while experienced professionals earn up to $210,160 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$85,200
+$25,200 vs national
Mid Level (3-7 yrs)
$136,320
+$40,320 vs national
Senior Level (8+ yrs)
$210,160
+$62,160 vs national

Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $81,224
25th Percentile $103,376
Median (50th) $135,014
75th Percentile $177,500
90th Percentile $236,572

Major Cities for Financial Analysts in Massachusetts

The largest employment areas for financial analysts in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries in major metro areas may be higher due to increased demand and cost of living.

Boston, MA
Metro area for financial analyst employment
Worcester, MA
Metro area for financial analyst employment
Springfield, MA
Metro area for financial analyst employment
Cambridge, MA
Metro area for financial analyst employment
Lowell, MA
Metro area for financial analyst employment

How to Become a Financial Analyst in Massachusetts

Education

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

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Massachusetts

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