Business & Finance Cleveland, OH Pop. 372,624

Financial Analyst Salary in Cleveland, Ohio

The median financial analyst salary in Cleveland, OH is $81,769 per year, which is 14% below the national median and 4.4% below the Ohio state average.

City Median
$81,769
vs State Avg
$-3,803
vs National
$-13,311
Cost of Living
86%

Financial Analyst Pay in Cleveland: What to Expect (2026)

Cleveland offers a median financial analyst salary of $81,769, which is $3,803 below the Ohio state average of $85,572. Compared to the national median of $95,080, Cleveland pays below the national benchmark for this role.

One of Cleveland's biggest advantages is its low cost of living at 86% of the national average. This means the $81,769 salary stretches further here — equivalent to roughly $95,080 in an average-cost city. This makes Cleveland an attractive option for financial analysts seeking strong real-dollar compensation.

The salary range for financial analysts in Cleveland spans from $49,192 at the 10th percentile to $143,276 at the 90th percentile — a $94,084 spread. Entry-level professionals start around $51,600, while senior financial analysts with 8+ years of experience can earn up to $127,280. With a population of 372,624, Cleveland is a mid-sized metro with a growing job market.

Financial Analyst Salary in Cleveland by Experience

In Cleveland, an entry-level financial analyst earns around $51,600, while experienced professionals earn up to $127,280 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$51,600
$-8,400 vs national
Mid Level (3-7 yrs)
$82,560
$-13,440 vs national
Senior Level (8+ yrs)
$127,280
$-20,720 vs national

Salary Percentiles in Cleveland, OH

Percentile Cleveland
10th Percentile $49,192
25th Percentile $62,608
Median (50th) $81,769
75th Percentile $107,500
90th Percentile $143,276

Financial Analyst Salary in Other Ohio Cities

How to Become a Financial Analyst in Cleveland

Education

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

Find Financial Analyst Jobs in Cleveland

Browse open financial analyst positions in Cleveland, OH:

Frequently Asked Questions: Financial Analyst Salary in Cleveland

How much does a Financial Analyst make in Cleveland, OH? ▼
The median financial analyst salary in Cleveland, Ohio is $81,769 per year, which is 14% below the national median of $95,080. Salaries range from $49,192 (10th percentile) to $143,276 (90th percentile).
How much does a Financial Analyst make per hour in Cleveland? ▼
Based on the median annual salary of $81,769, a financial analyst in Cleveland earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Cleveland compare to the Ohio state average for financial analyst pay? ▼
Cleveland's median financial analyst salary of $81,769 is 4.4% below the Ohio state average of $85,572. The local cost of living index is 86% of the national average.
What is the cost of living in Cleveland, OH? ▼
Cleveland has a cost of living index of 86% compared to the national average. This means a financial analyst salary of $81,769 in Cleveland has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Cleveland? ▼
Most financial analyst positions in Cleveland 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.