Financial Analysts in Massachusetts
Considering a career as a Financial Analyst in Massachusetts?
You’re in luck! Jobs for Financial Analysts in Massachusetts are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Analysts in Massachusetts is growing faster than average.
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Financial Analysts in Massachusetts earn higher salaries than the typical U.S. wage earner.
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How Many Financial Analysts Work in Massachusetts?
In Massachusetts, there were 13,400 people working as Financial Analysts in the year 2018.
There were 11,750 Financial Analysts employed in this state in 2017.
That’s growth of 1,650 jobs between 2017 and 2018.
The typical state has 2,900 Financial Analysts working in it, which means Massachusetts has more Financial Analysts than average.
Job Projections for Massachusetts
Jobs for Financial Analysts in this state are growing at a rate of 7.0% which is slower than the nationwide estimated projection of 10.8%.
Massachusetts Annual Job Openings
The BLS is projecting 990 annual Financial Analysts job openings in Massachusetts, and 11,440 total jobs in the year 2026.
Nationwide, the prediction is 29,000 annual jobs and 328,200 total jobs in 2026.
What do Financial Analysts Make in Massachusetts?
In 2018 wages for Financial Analysts ranged from $55,940 to $181,520 with $87,060 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $26.9 to $87.27. The median hourly rate was $41.86.
Workers in this field were paid a median of $41.77 an hour in 2017.
The hourly rate grew by $0.09.
The median salary in Massachusetts is higher than the nationwide median salary.
Top Massachusetts Metros for Financial Analysts
The table below shows some of the metros in this state with the most Financial Analysts.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Boston-Cambridge-Nashua, MA-NH | 12,580 | $88,340 |
| Providence-Warwick, RI-MA | 990 | $78,850 |
| Springfield, MA-CT | 460 | $69,660 |
| Worcester, MA-CT | 440 | $74,120 |
| Pittsfield, MA | 60 | $82,950 |
| Barnstable Town, MA | 40 | $85,200 |
Top States for Financial Analysts Employment
The table below shows the states where most Financial Analysts work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 53,250 | $107,160 |
| California | 37,900 | $95,680 |
| Texas | 26,850 | $83,060 |
| Illinois | 14,810 | $79,310 |
| Massachusetts | 13,400 | $87,060 |
| Florida | 13,400 | $69,060 |
| Pennsylvania | 11,980 | $82,010 |
| New Jersey | 10,560 | $94,070 |
| Ohio | 9,260 | $71,920 |
| North Carolina | 8,930 | $80,740 |
| Virginia | 8,550 | $86,550 |
| Georgia | 7,400 | $75,230 |
| Washington | 6,480 | $80,300 |
| Minnesota | 6,320 | $85,940 |
| Connecticut | 6,240 | $92,470 |
| Michigan | 6,090 | $78,490 |
| Maryland | 5,640 | $81,300 |
| Arizona | 5,330 | $74,200 |
| Tennessee | 4,510 | $69,130 |
| Missouri | 4,280 | $81,990 |
Below are the states where Financial Analysts get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $107,160 |
| California | $95,680 |
| New Jersey | $94,070 |
| Connecticut | $92,470 |
| District of Columbia | $91,390 |
| Colorado | $90,060 |
| Massachusetts | $87,060 |
| Virginia | $86,550 |
| Montana | $86,520 |
| Minnesota | $85,940 |
Related Careers in MA
Discover similar careers:
| Occupation | MA Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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