Business & Finance Worcester, MA Pop. 206,518

Financial Analyst Salary in Worcester, Massachusetts

The median financial analyst salary in Worcester, MA is $111,244 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.

City Median
$111,244
vs State Avg
$-23,770
vs National
+$16,164
Cost of Living
110%

Financial Analyst Salary in Worcester by Experience

In Worcester, an entry-level financial analyst earns around $70,200, while experienced professionals earn up to $173,160 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$70,200
+$10,200 vs national
Mid Level (3-7 yrs)
$112,320
+$16,320 vs national
Senior Level (8+ yrs)
$173,160
+$25,160 vs national

Salary Percentiles in Worcester, MA

Percentile Worcester
10th Percentile $66,924
25th Percentile $85,176
Median (50th) $111,244
75th Percentile $146,250
90th Percentile $194,922

Financial Analyst Salary in Other Massachusetts Cities

How to Become a Financial Analyst in Worcester

Education

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