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 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

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.