Business & Finance Rhode Island (RI) Rank #13 of 50

Financial Analyst Salary in Rhode Island

The median financial analyst salary in Rhode Island is $101,736 per year, which is 7.0% above the national median of $95,080.

Median Salary
$101,736
vs National
+$6,656
State Rank
#13 of 50
Cost of Living
105%

Financial Analyst Salary Overview in Rhode Island (2026)

Rhode Island ranks #13 out of 50 states for financial analyst compensation. Rhode Island falls in the middle of the pack for financial analyst pay, offering salaries near the national average. At $101,736 per year, financial analysts in Rhode Island earn $6,656 more than the national median of $95,080.

Rhode Island's cost of living is near the national average at 105%, meaning financial analyst salaries here translate closely to their face value in purchasing power.

The salary spread in Rhode Island is significant: financial analysts at the 10th percentile earn $61,204, while those at the 90th percentile bring home $178,262 — a $117,058 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Rhode Island for this role is Providence, where the median reaches $104,588.

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 Rhode Island by Experience

In Rhode Island, an entry-level financial analyst earns around $64,200, while experienced professionals earn up to $158,360 per year. The cost of living index in Rhode Island is 105% of the national average.

Entry Level (0-2 yrs)
$64,200
+$4,200 vs national
Mid Level (3-7 yrs)
$102,720
+$6,720 vs national
Senior Level (8+ yrs)
$158,360
+$10,360 vs national

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Salary Percentiles in Rhode Island

Percentile RI Salary
10th Percentile $61,204
25th Percentile $77,896
Median (50th) $101,736
75th Percentile $133,750
90th Percentile $178,262

Financial Analyst Salary by City in Rhode Island

The largest employment areas for financial analysts in Rhode Island include Providence, Warwick, Cranston, and Pawtucket. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Analyst in Rhode Island

Education

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

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Rhode Island

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

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Frequently Asked Questions: Financial Analyst Salary in Rhode Island

How much does a Financial Analyst make in Rhode Island? ▼
The median financial analyst salary in Rhode Island is $101,736 per year, which is 7.0% above the national median of $95,080. Salaries range from $61,204 (10th percentile) to $178,262 (90th percentile).
How much does a Financial Analyst make per hour in Rhode Island? ▼
Based on the median annual salary of $101,736, a financial analyst in Rhode Island earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is Rhode Island a good state for financial analysts? ▼
Rhode Island ranks #13 out of 50 states for financial analyst pay. The cost of living index is 105% of the national average. Entry-level financial analysts earn $64,200, while senior professionals earn $158,360.
How does Rhode Island compare to other states for financial analyst salary? ▼
The highest paying state for financial analysts is Hawaii at $161,636. Rhode Island's median of $101,736 ranks #13 nationally. Nearby-ranked states include Virginia ($103,637) and New Hampshire ($101,736).
What is the entry-level financial analyst salary in Rhode Island? ▼
An entry-level financial analyst in Rhode Island earns approximately $64,200 per year. With 3-7 years of experience, pay increases to around $102,720. Senior-level professionals with 8+ years earn up to $158,360.
What city in Rhode Island pays financial analysts the most? ▼
Providence is the highest paying city in Rhode Island for financial analysts, with a median salary of $104,588. Other cities include Warwick and Cranston.