Business & Finance New York (NY) Rank #4 of 50

Financial Analyst Salary in New York

The median financial analyst salary in New York is $127,407 per year, which is 34.0% above the national median of $95,080.

Median Salary
$127,407
vs National
+$32,327
State Rank
#4 of 50
Cost of Living
122%

Financial Analyst Salary Overview in New York (2026)

New York ranks #4 out of 50 states for financial analyst compensation. This places New York in the top tier nationally, making it one of the best states for financial analysts seeking high pay. At $127,407 per year, financial analysts in New York earn $32,327 more than the national median of $95,080.

It's worth noting that New York's cost of living is 122% of the national average, which reduces the real purchasing power of the $127,407 salary. After adjusting for cost of living, the effective salary is closer to $104,432.

The salary spread in New York is significant: financial analysts at the 10th percentile earn $76,648, while those at the 90th percentile bring home $223,244 — a $146,596 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New York for this role is New York City, where the median reaches $189,209.

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for financial analysts across the country.

Financial Analyst Salary in New York by Experience

In New York, an entry-level financial analyst earns around $80,400, while experienced professionals earn up to $198,320 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$80,400
+$20,400 vs national
Mid Level (3-7 yrs)
$128,640
+$32,640 vs national
Senior Level (8+ yrs)
$198,320
+$50,320 vs national

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Salary Percentiles in New York

Percentile NY Salary
10th Percentile $76,648
25th Percentile $97,552
Median (50th) $127,407
75th Percentile $167,500
90th Percentile $223,244

Financial Analyst Salary by City in New York

The largest employment areas for financial analysts in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Analyst in New York

Education

Most financial analyst positions require a bachelor's degree. New York has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in New York

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). New York's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Analyst Salary in New York

How much does a Financial Analyst make in New York? ▼
The median financial analyst salary in New York is $127,407 per year, which is 34.0% above the national median of $95,080. Salaries range from $76,648 (10th percentile) to $223,244 (90th percentile).
How much does a Financial Analyst make per hour in New York? ▼
Based on the median annual salary of $127,407, a financial analyst in New York earns approximately $61 per hour assuming a standard 2,080-hour work year.
Is New York a good state for financial analysts? ▼
New York ranks #4 out of 50 states for financial analyst pay. The cost of living index is 122% of the national average. Entry-level financial analysts earn $80,400, while senior professionals earn $198,320.
How does New York compare to other states for financial analyst salary? ▼
The highest paying state for financial analysts is Hawaii at $161,636. New York's median of $127,407 ranks #4 nationally. Nearby-ranked states include Massachusetts ($135,014) and California ($131,210).
What is the entry-level financial analyst salary in New York? ▼
An entry-level financial analyst in New York earns approximately $80,400 per year. With 3-7 years of experience, pay increases to around $128,640. Senior-level professionals with 8+ years earn up to $198,320.
What city in New York pays financial analysts the most? ▼
New York City is the highest paying city in New York for financial analysts, with a median salary of $189,209. Other cities include Buffalo and Rochester.