Business & Finance Providence, RI Pop. 190,934

Financial Analyst Salary in Providence, Rhode Island

The median financial analyst salary in Providence, RI is $104,588 per year, which is 10.0% above the national median and 2.8% above the Rhode Island state average.

City Median
$104,588
vs State Avg
+$2,852
vs National
+$9,508
Cost of Living
108%

Financial Analyst Salary in Providence by Experience

In Providence, 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 108% 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 Providence, RI

Percentile Providence
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 Rhode Island Cities

How to Become a Financial Analyst in Providence

Education

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

Find Financial Analyst Jobs in Providence

Browse open financial analyst positions in Providence, RI:

Frequently Asked Questions: Financial Analyst Salary in Providence

How much does a Financial Analyst make in Providence, RI?
The median financial analyst salary in Providence, Rhode Island 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 Providence?
Based on the median annual salary of $104,588, a financial analyst in Providence earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Providence compare to the Rhode Island state average for financial analyst pay?
Providence's median financial analyst salary of $104,588 is 2.8% above the Rhode Island state average of $101,736. The local cost of living index is 108% of the national average.
What is the cost of living in Providence, RI?
Providence has a cost of living index of 108% compared to the national average. This means a financial analyst salary of $104,588 in Providence has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Providence?
Most financial analyst positions in Providence 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.