Average Financial Analyst Salary in New York
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Financial Analyst in New York earns $111,600 per year, which is above the national average of $99,890. This translates to approximately $53.65 per hour, $4,292 biweekly, or $9,300 per month before taxes.
The cost of living in New York is 39% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $83,700 | $40.24 |
| Average (50th) | $111,600 | $53.65 |
| Experienced (75th) | $128,300 | $61.70 |
| Top Earners (90th) | $145,100 | $69.76 |
Financial Analyst Salary by City in New York
| City | Average Salary | Monthly |
|---|---|---|
| New York City | $120,500 | $10,042/mo |
| Buffalo | $113,800 | $9,483/mo |
| Rochester | $109,400 | $9,117/mo |
| Albany | $106,000 | $8,833/mo |
| Syracuse | $103,800 | $8,650/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | Bachelor's degree |
| Job Growth (2022-2032) | 8% (nationwide) |
| State Income Tax | 4%-10.9% (9 brackets) |
| State Minimum Wage | $15.00/hr |
| Cost of Living Index | 1.39 (+39% vs national avg) |
Top Employers in New York
Major employers hiring Financial Analysts in New York include JPMorgan Chase, Citigroup, Mount Sinai, IBM, and Pfizer. These companies and organizations offer competitive salaries and benefits packages for finance professionals.
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