Business & Finance Paterson, NJ Pop. 159,732

Financial Analyst Salary in Paterson, New Jersey

The median financial analyst salary in Paterson, NJ is $107,440 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.

City Median
$107,440
vs State Avg
$-9,508
vs National
+$12,360
Cost of Living
105%

Financial Analyst Salary in Paterson by Experience

In Paterson, an entry-level financial analyst earns around $67,800, while experienced professionals earn up to $167,240 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$67,800
+$7,800 vs national
Mid Level (3-7 yrs)
$108,480
+$12,480 vs national
Senior Level (8+ yrs)
$167,240
+$19,240 vs national

Salary Percentiles in Paterson, NJ

Percentile Paterson
10th Percentile $64,636
25th Percentile $82,264
Median (50th) $107,440
75th Percentile $141,250
90th Percentile $188,258

Financial Analyst Salary in Other New Jersey Cities

How to Become a Financial Analyst in Paterson

Education

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