Business & Finance Albany, NY Pop. 99,224

Financial Analyst Salary in Albany, New York

The median financial analyst salary in Albany, NY is $104,588 per year, which is 10.0% above the national median and 17.9% below the New York state average.

City Median
$104,588
vs State Avg
$-22,819
vs National
+$9,508
Cost of Living
98%

Financial Analyst Salary in Albany by Experience

In Albany, an entry-level financial analyst earns around $66,000, while experienced professionals earn up to $162,800 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$66,000
+$6,000 vs national
Mid Level (3-7 yrs)
$105,600
+$9,600 vs national
Senior Level (8+ yrs)
$162,800
+$14,800 vs national

Salary Percentiles in Albany, NY

Percentile Albany
10th Percentile $62,920
25th Percentile $80,080
Median (50th) $104,588
75th Percentile $137,500
90th Percentile $183,260

Financial Analyst Salary in Other New York Cities

How to Become a Financial Analyst in Albany

Education

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

Find Financial Analyst Jobs in Albany

Browse open financial analyst positions in Albany, NY:

Frequently Asked Questions: Financial Analyst Salary in Albany

How much does a Financial Analyst make in Albany, NY?
The median financial analyst salary in Albany, New York is $104,588 per year, which is 10.0% above the national median of $95,080. Salaries range from $62,920 (10th percentile) to $183,260 (90th percentile).
How much does a Financial Analyst make per hour in Albany?
Based on the median annual salary of $104,588, a financial analyst in Albany earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Albany compare to the New York state average for financial analyst pay?
Albany's median financial analyst salary of $104,588 is 17.9% below the New York state average of $127,407. The local cost of living index is 98% of the national average.
What is the cost of living in Albany, NY?
Albany has a cost of living index of 98% compared to the national average. This means a financial analyst salary of $104,588 in Albany has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Albany?
Most financial analyst positions in Albany 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.