Business & Finance Boston, MA Pop. 675,647

Financial Analyst Salary in Boston, Massachusetts

The median financial analyst salary in Boston, MA is $151,177 per year, which is 59.0% above the national median and 12.0% above the Massachusetts state average.

City Median
$151,177
vs State Avg
+$16,163
vs National
+$56,097
Cost of Living
152%

Financial Analyst Salary in Boston by Experience

In Boston, an entry-level financial analyst earns around $95,400, while experienced professionals earn up to $235,320 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$95,400
+$35,400 vs national
Mid Level (3-7 yrs)
$152,640
+$56,640 vs national
Senior Level (8+ yrs)
$235,320
+$87,320 vs national

Salary Percentiles in Boston, MA

Percentile Boston
10th Percentile $90,948
25th Percentile $115,752
Median (50th) $151,177
75th Percentile $198,750
90th Percentile $264,894

Financial Analyst Salary in Other Massachusetts Cities

Cambridge, MA
$158,784
Pop. 118,403
Worcester, MA
$111,244
Pop. 206,518
Lowell, MA
$106,490
Pop. 115,554
Springfield, MA
$99,834
Pop. 155,929

How to Become a Financial Analyst in Boston

Education

Most financial analyst positions require a bachelor's degree. Boston and the surrounding Massachusetts 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 Boston may vary based on local industry and population growth.

Find Financial Analyst Jobs in Boston

Browse open financial analyst positions in Boston, MA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Analyst Salary in Boston

How much does a Financial Analyst make in Boston, MA? ▼
The median financial analyst salary in Boston, Massachusetts is $151,177 per year, which is 59.0% above the national median of $95,080. Salaries range from $90,948 (10th percentile) to $264,894 (90th percentile).
How much does a Financial Analyst make per hour in Boston? ▼
Based on the median annual salary of $151,177, a financial analyst in Boston earns approximately $73 per hour assuming a standard 2,080-hour work year.
How does Boston compare to the Massachusetts state average for financial analyst pay? ▼
Boston's median financial analyst salary of $151,177 is 12.0% above the Massachusetts state average of $135,014. The local cost of living index is 152% of the national average.
What is the cost of living in Boston, MA? ▼
Boston has a cost of living index of 152% compared to the national average. This means a financial analyst salary of $151,177 in Boston has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Boston? ▼
Most financial analyst positions in Boston 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.