TL;DR

About 340,580 financial analysts nationally earn a mean of $131,249. Employment in the series shown rose about 14% from the first to the last year; projections imply about 2.5% annual growth.

Key Statistics

340,580
2023 Workforce
41.0
Average Age
$131,249
Average Salary

Financial Analysts: what the data shows

Common questions about financial analysts careers, answered from BLS OEWS and O*NET in this repository.

What is a financial analysts?

Financial Analysts is tracked by the Bureau of Labor Statistics under SOC 13-2051.

U.S. employment in our OEWS extract is about 340,580 workers.

How much does a financial analysts make?

BLS national median annual wage: $101,350 (May 2024 in our extract).

Mean annual wage in our occupational extract: $131,249 — higher than the median, which often reflects top earners in the distribution.

Wage percentileAnnual wage
10th percentile$71,899
25th percentile$87,992
Median (50th)$113,160
75th percentile$155,440
90th percentile$205,175

What education do you need?

For Financial Analysts, O*NET incumbent surveys in our extract most often report: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

These are education levels of current workers, not minimum legal requirements.

What skills do you need?

O*NET ratings for this occupation emphasize skills such as Reading Comprehension, Active Listening, Speaking, Writing, Critical Thinking, Service Orientation. See Education & Skills for detail.

Is financial analysts in demand?

Historical employment trend in our series implies about 2.5% annual growth (compound rate in the extract).

Five-year projected employment change: 13.1%.

Ten-year projected employment change: 27.8%.

Current U.S. headcount: 340,580.

We report federal series only—compare wages, growth, and openings against your target market.

Where do financial analystss work?

Top industries by employment share in our OEWS industry extract:

IndustryEmploymentShare
Cross-industry340,58019.1%
Cross-industry, Private Ownership only321,70018.1%
Securities, Commodity Contracts, and Other Financial Investments and Related Activities171,1009.6%
Finance and Insurance150,6308.5%
Professional, Scientific, and Technical Services49,1102.8%
Professional, Scientific, and Technical Services49,1102.8%

See Industry for charts.

What degrees lead to this career?

Common majors for Financial Analysts in O*NET:

See Related degrees.

What careers are related?

Other occupations linked through shared degree pathways in our mapping:

OccupationU.S. employmentMedian wage
Sales & Office Occupations1,441,580
Computer Systems Analysts497,800$103,790
Marketing Managers384,980$161,030
Accountants and Auditors1,448,290$81,680
Personal Financial Advisors270,480$102,140
General and Operations Managers3,584,420$102,950
Financial Managers818,620$161,700

Employment

Employment and salary information for the Financial Analysts workforce.

Employment Over Time

340,580 Workforce in 2023

The Financial Analysts workforce has been growing over time.

Historical employment trends for Financial Analysts.

Yearly Wage Ranking

$131,249 Average Wage

In 2023, Financial Analysts earned an average of $131,249.

Wage ranking compared to other occupations.

Wage Distribution

This chart shows the distribution of average salaries by income buckets for Financial Analysts.

Salary distribution for Financial Analysts.

Employment Growth Projections

2.5% Compound Annual Growth Rate (CAGR)

177,319 Projected Employment (5 years)

Projected growth: 13.1%

200,473 Projected Employment (10 years)

Projected growth: 27.8%

This occupation is projected to grow at 2.5% annually, indicating strong future demand.

Historical employment trends and future projections for Financial Analysts.

Industry

Information on the industries that employ Financial Analysts and on wages for those in the field.

Occupations by Industries

This graphic shows the share of Financial Analysts employed by various industries.

Industry distribution for Financial Analysts.

Wage Trends by Industry

6.0% Average Annual Wage Growth Rate

Historical wage growth trends by industry for Financial Analysts.

Geographic Distribution

Employment and wage information by geographic location for Financial Analysts.

Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).

Top States by Employment

Top States by Employment:

  • CA: 37,310 employees, $131,622 avg wage

Top 10 states by employment for Financial Analysts.

Top Metropolitan Areas

Top Metropolitan Areas:

  • Los Angeles-Long Beach-Glendale MD: 10,430 employees, $119,334 avg wage
  • San Francisco-San Mateo-Redwood City MD: 6,520 employees, $161,370 avg wage
  • San Jose-Sunnyvale-Santa Clara MSA: 4,740 employees, $157,477 avg wage
  • Anaheim-Santa Ana-Irvine MD: 3,960 employees, $115,428 avg wage
  • San Diego-Chula Vista-Carlsbad MSA: 3,390 employees, $116,216 avg wage
  • Oakland-Fremont-Berkeley MD: 2,780 employees, $140,546 avg wage
  • Sacramento-Roseville-Folsom MSA: 1,710 employees, $118,619 avg wage
  • Riverside-San Bernardino-Ontario MSA: 1,170 employees, $106,407 avg wage
  • Oxnard-Thousand Oaks-Ventura MSA: 470 employees, $115,034 avg wage
  • Santa Maria-Santa Barbara MSA: 410 employees, $109,941 avg wage

Top 10 metropolitan statistical areas by employment for Financial Analysts.

Diversity

Demographic information on Financial Analysts in the US.

Gender and Age

The workforce of Financial Analysts in 2023 was 340,580 people, with 62.0% women and 38.0% men.

Gender and age distribution for Financial Analysts.

Races

Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.

Race and ethnicity distribution for Financial Analysts.

Education & Skills

Data on higher education choices and required skills for Financial Analysts.

Majors

The most common majors achieved by Financial Analysts in 2023 were Finance, Business, Economics.

Common majors for Financial Analysts.

Education Levels

The main educational levels achieved by Financial Analysts workers.

Education level distribution for Financial Analysts.

Skills

Financial Analysts need many skills, but most especially Reading Comprehension, Active Listening, Speaking, Writing, Critical Thinking.

Required skills for Financial Analysts.

Knowledge & Abilities

Knowledge areas and abilities required for Financial Analysts.

Knowledge Areas

The most important knowledge areas for Financial Analysts include .

Knowledge areas required for Financial Analysts.

Abilities

Key abilities needed for Financial Analysts include .

Required abilities for Financial Analysts.

Work Activities

Common work activities performed by Financial Analysts.

Daily Activities

Financial Analysts spend their time on activities such as .

Most important work activities for Financial Analysts.

About

Financial Analysts

The average yearly wage for Financial Analysts was $131,249 in 2023.

SOC Code

13-2051 - Financial Analysts

Insights and Analysis

High earnings profile: Financial Analysts reports an average salary of $131,249, placing it among stronger-paying occupations.

Labor market presence: The current workforce is approximately 340,580 workers, indicating sustained demand.

Forward outlook: Projected annual growth is 2.5%, which should inform long-term career planning.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.

All wage figures represent annual averages and may vary by location, industry, and experience level.