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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2018

13-2051 Financial Analysts

Conduct quantitative analyses of information affecting investment programs of public or private institutions.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
306,200 1.4 % $48.55 $100,990 0.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $25.26 $31.42 $41.18 $55.94 $80.49
Annual Wage (2) $52,540 $65,350 $85,660 $116,360 $167,420


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 74,830 8.04 $62.67 $130,360
Management of Companies and Enterprises 38,850 1.64 $44.16 $91,860
Credit Intermediation and Related Activities (5221 And 5223 only) 28,600 1.42 $45.57 $94,780
Management, Scientific, and Technical Consulting Services 13,550 0.94 $44.55 $92,660
Nondepository Credit Intermediation 12,100 1.96 $44.91 $93,420

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Investment Pools and Funds 1,030 12.03 (8) (8)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 74,830 8.04 $62.67 $130,360
Monetary Authorities-Central Bank 1,170 6.34 $51.29 $106,690
Nondepository Credit Intermediation 12,100 1.96 $44.91 $93,420
Management of Companies and Enterprises 38,850 1.64 $44.16 $91,860

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Grantmaking and Giving Services 1,060 0.75 $65.95 $137,170
Support Activities for Mining (8) (8) $64.71 $134,600
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 74,830 8.04 $62.67 $130,360
Health and Personal Care Stores 40 (7) $54.88 $114,160
Federal Executive Branch (OES Designation) 390 0.02 $52.98 $110,210


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 53,250 5.67 2.68 $66.00 $137,270
California 37,900 2.23 1.05 $52.71 $109,640
Texas 26,850 2.22 1.05 $45.66 $94,980
Illinois 14,810 2.47 1.17 $42.67 $88,760
Massachusetts 13,400 3.75 1.77 $50.74 $105,540




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Delaware 3,440 7.67 3.62 $45.07 $93,740
New York 53,250 5.67 2.68 $66.00 $137,270
District of Columbia 3,850 5.40 2.55 $49.28 $102,510
Connecticut 6,240 3.76 1.78 $50.94 $105,950
Massachusetts 13,400 3.75 1.77 $50.74 $105,540




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Wyoming 90 0.34 0.16 $67.14 $139,660
New York 53,250 5.67 2.68 $66.00 $137,270
California 37,900 2.23 1.05 $52.71 $109,640
Colorado 3,770 1.44 0.68 $52.46 $109,120
New Jersey 10,560 2.61 1.23 $51.01 $106,100





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 56,550 5.95 2.81 $66.26 $137,820
Los Angeles-Long Beach-Anaheim, CA 14,140 2.31 1.09 $49.73 $103,430
Chicago-Naperville-Elgin, IL-IN-WI 13,180 2.84 1.34 $43.36 $90,190
Boston-Cambridge-Nashua, MA-NH 12,580 4.56 2.15 $51.74 $107,620
Washington-Arlington-Alexandria, DC-VA-MD-WV 11,570 3.69 1.74 $48.80 $101,510
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 10,800 3.79 1.79 $46.83 $97,400
Dallas-Fort Worth-Arlington, TX 10,540 2.95 1.40 $45.87 $95,420
San Francisco-Oakland-Hayward, CA 10,100 4.18 1.97 $62.40 $129,790
Houston-The Woodlands-Sugar Land, TX 9,170 3.07 1.45 $48.06 $99,970
Atlanta-Sandy Springs-Roswell, GA 6,050 2.26 1.07 $41.82 $86,990




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 3,140 7.54 3.56 $59.10 $122,930
Olympia-Tumwater, WA 840 7.43 3.51 $28.98 $60,280
New York-Newark-Jersey City, NY-NJ-PA 56,550 5.95 2.81 $66.26 $137,820
San Jose-Sunnyvale-Santa Clara, CA 5,360 4.79 2.26 $56.31 $117,130
Boston-Cambridge-Nashua, MA-NH 12,580 4.56 2.15 $51.74 $107,620
San Francisco-Oakland-Hayward, CA 10,100 4.18 1.97 $62.40 $129,790
Durham-Chapel Hill, NC 1,250 4.07 1.92 $40.57 $84,380
California-Lexington Park, MD 180 3.92 1.85 $37.08 $77,130
Charlotte-Concord-Gastonia, NC-SC 4,660 3.83 1.81 $44.92 $93,420
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 10,800 3.79 1.79 $46.83 $97,400




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Boulder, CO 310 1.67 0.79 $74.19 $154,320
New York-Newark-Jersey City, NY-NJ-PA 56,550 5.95 2.81 $66.26 $137,820
San Francisco-Oakland-Hayward, CA 10,100 4.18 1.97 $62.40 $129,790
Bridgeport-Stamford-Norwalk, CT 3,140 7.54 3.56 $59.10 $122,930
Salem, OR 40 0.25 0.12 $57.60 $119,820
San Jose-Sunnyvale-Santa Clara, CA 5,360 4.79 2.26 $56.31 $117,130
Midland, TX 300 2.94 1.39 $55.47 $115,380
Monroe, MI 40 1.04 0.49 $52.54 $109,280
Greeley, CO 40 0.35 0.17 $52.46 $109,110
Houma-Thibodaux, LA 50 0.57 0.27 $52.38 $108,940

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southeast Coastal North Carolina nonmetropolitan area 210 0.85 0.40 $36.68 $76,280
Southeast Iowa nonmetropolitan area 200 0.90 0.43 $32.10 $66,760
West Texas Region of Texas nonmetropolitan area 190 0.98 0.46 $43.35 $90,170
Southern Indiana nonmetropolitan area 170 0.93 0.44 $37.41 $77,810
West Northwestern Ohio nonmetropolitan area 170 0.65 0.31 $35.12 $73,040

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Texas Region of Texas nonmetropolitan area 190 0.98 0.46 $43.35 $90,170
Northwest Lower Peninsula of Michigan nonmetropolitan area 120 0.95 0.45 $34.97 $72,730
Northern Vermont nonmetropolitan area 70 0.94 0.45 $40.79 $84,840
Southern Indiana nonmetropolitan area 170 0.93 0.44 $37.41 $77,810
Northwest Nebraska nonmetropolitan area 40 0.91 0.43 $37.12 $77,200

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Western Wyoming nonmetropolitan area (8) (8) (8) $91.98 $191,320
Eastern New Mexico nonmetropolitan area (8) (8) (8) $61.05 $126,980
Big Thicket Region of Texas nonmetropolitan area 60 0.55 0.26 $58.20 $121,060
Alaska nonmetropolitan area (8) (8) (8) $52.75 $109,720
Northern West Virginia nonmetropolitan area 60 0.42 0.20 $47.84 $99,510


About May 2018 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(7) The value is less than .005 percent of industry employment.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2018 National Occupational Employment and Wage Estimates

May 2018 State Occupational Employment and Wage Estimates

May 2018 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2018 National Industry-Specific Occupational Employment and Wage Estimates

May 2018 Occupation Profiles

Technical Notes

 

Last Modified Date: March 29, 2019