Business & Finance Springfield, MA Pop. 155,929

Financial Analyst Salary in Springfield, Massachusetts

The median financial analyst salary in Springfield, MA is $99,834 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.

City Median
$99,834
vs State Avg
$-35,180
vs National
+$4,754
Cost of Living
98%

Financial Analyst Pay in Springfield: What to Expect (2026)

Springfield offers a median financial analyst salary of $99,834, which is $35,180 below the Massachusetts state average of $135,014. Compared to the national median of $95,080, Springfield pays above average for this role.

Springfield's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial analysts in Springfield spans from $60,060 at the 10th percentile to $174,930 at the 90th percentile — a $114,870 spread. Entry-level professionals start around $63,000, while senior financial analysts with 8+ years of experience can earn up to $155,400. With a population of 155,929, Springfield is a mid-sized metro with a growing job market.

Financial Analyst Salary in Springfield by Experience

In Springfield, an entry-level financial analyst earns around $63,000, while experienced professionals earn up to $155,400 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$63,000
+$3,000 vs national
Mid Level (3-7 yrs)
$100,800
+$4,800 vs national
Senior Level (8+ yrs)
$155,400
+$7,400 vs national

Salary Percentiles in Springfield, MA

Percentile Springfield
10th Percentile $60,060
25th Percentile $76,440
Median (50th) $99,834
75th Percentile $131,250
90th Percentile $174,930

Financial Analyst Salary in Other Massachusetts Cities

Cambridge, MA
$158,784
Pop. 118,403
Boston, MA
$151,177
Pop. 675,647
Worcester, MA
$111,244
Pop. 206,518
Lowell, MA
$106,490
Pop. 115,554

How to Become a Financial Analyst in Springfield

Education

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

Find Financial Analyst Jobs in Springfield

Browse open financial analyst positions in Springfield, MA:

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Frequently Asked Questions: Financial Analyst Salary in Springfield

How much does a Financial Analyst make in Springfield, MA? ▼
The median financial analyst salary in Springfield, Massachusetts is $99,834 per year, which is 5.0% above the national median of $95,080. Salaries range from $60,060 (10th percentile) to $174,930 (90th percentile).
How much does a Financial Analyst make per hour in Springfield? ▼
Based on the median annual salary of $99,834, a financial analyst in Springfield earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Massachusetts state average for financial analyst pay? ▼
Springfield's median financial analyst salary of $99,834 is 26.1% below the Massachusetts state average of $135,014. The local cost of living index is 98% of the national average.
What is the cost of living in Springfield, MA? ▼
Springfield has a cost of living index of 98% compared to the national average. This means a financial analyst salary of $99,834 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Springfield? ▼
Most financial analyst positions in Springfield 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.