2024 Data

Financial Analyst Salary in El Paso, TX: $85,997 (2024)

Official 2024 BLS Data | $41.34/hour | $54,598 - $126,841 range

Median Annual Salary

$85,997

13.9% vs national

Hourly Rate

$41.34

/hour

Jobs in Area

315

employed

Salary Range$54,598 - $126,841
10th %Median90th %

Compare to Other Cities

See All →

El Paso, TX

$85,997

San Jose, CA

$137,798

$51,801 more (+60.2%)

in San Jose, CA

Financial Analyst Salary Range in El Paso, TX

Annual Salary Range

$86k

$55k

10th percentile

$72k

25th

$106k

75th

$127k

90th percentile

Salary Breakdown by Percentile

PercentileAnnual SalaryHourly Rate
10th Percentile (Entry Level)$54,598$26.25
25th Percentile$71,508$34.38
Median (50th Percentile)$85,997$41.34
75th Percentile$106,285$51.10
90th Percentile (Top Earners)$126,841$60.98
Average (Mean)$92,145$44.30

Financial Analyst Market Insights for El Paso, TX

Compensation Overview

Financial Analyst compensation in El Paso, TX aligns with regional expectations. The salary range from $54,598 to $126,841 provides a clear picture of earning potential at different career stages.

Local Market Context

El Paso, TX offers a lower cost of living compared to major coastal metros, meaning your salary stretches further here. Many professionals find that moderate salaries in Texas provide comparable or better quality of life than higher-paying positions in expensive cities.

Cost of Living Impact

After adjusting for local cost of living, your effective purchasing power is approximately 16% higher than the nominal salary suggests. This means El Paso, TX offers strong real earning potential for this role.

Career Outlook

The Financial Analyst profession offers diverse career opportunities across industries. Professional development and continuous learning are key factors in advancing within this field. With a 132% salary range from entry-level to top earners, there is substantial room for financial growth as you advance in your career.

Tips for Increasing Your Salary

  • Develop specialized expertise to command higher compensation—top earners make 47% more than median salaries
  • Build a professional network through industry associations and local business groups
  • Pursue relevant certifications or advanced education to demonstrate expertise

-14%

vs National Avg

-17%

vs State Avg

132%

Salary Range

315

Jobs in Area

Career Path & Salary Progression

Typical Financial Analyst salary growth in El Paso, TX based on experience level.

🎓

Entry Level

0-2 years

10th percentile

$54,598

/year

📈

Early Career

2-5 years

25th percentile

$71,508

/year

💼

Mid Career

5-10 years

50th percentile

$85,997

/year

🎯

Senior

10-15 years

75th percentile

$106,285

/year

Expert

15+ years

90th percentile

$126,841

/year

Next Career Steps

Common career progressions from Financial Analyst:

Note: Career progression and salary growth vary based on company size, industry, skills, and performance. These estimates use percentile data from the BLS as a general guide for typical career paths.

Financial Analyst Job Market in El Paso, TX

Where Financial Analysts Work

Financial Analysts work across multiple industries including corporations, government agencies, healthcare organizations, and consulting firms. Each sector offers different compensation structures and career trajectories.

Local Employment Landscape

Employment in this occupation is more limited in El Paso, TX compared to larger metros. Professionals may find opportunities concentrated among fewer employers, making employer research and networking particularly valuable.

Types of Employers Hiring

Large Corporations

Typically offer comprehensive benefits, structured advancement, and competitive base salaries with bonus potential

Small to Medium Businesses

May provide more responsibility earlier in your career, flexible work arrangements, and equity opportunities

Government Agencies

Known for job security, excellent benefits packages, pension plans, and work-life balance

Professional Services Firms

Provide client exposure, rapid skill development, and often above-market compensation for top performers

Skills That Increase Earning Potential

Advanced certifications in your specialtyLeadership and team managementData analysis and reportingCommunication and presentation skillsIndustry-specific software proficiency

Job Search Strategy for El Paso, TX

  • Research major employers in the El Paso area and follow them on LinkedIn for job alerts
  • Join local professional associations for networking and job leads specific to Texas
  • Tailor your salary expectations based on the El Paso, TX market rate of $85,997
  • Consider roles at varying experience levels—entry positions start at $54,598 in this market

Frequently Asked Questions

The median financial analyst salary in El Paso, TX is $85,997 per year ($41.34/hour) as of 2026. This is based on official U.S. Bureau of Labor Statistics data. Salaries range from $54,598 for entry-level positions to $126,841 for experienced professionals in the top 10%.

Entry-level financial analysts in El Paso, TX typically start at around $54,598 per year ($26.25/hour), representing the 10th percentile. New graduates and those with less than 2 years of experience fall into this range. With experience and skill development, salaries can progress to the median of $85,997 within 3-5 years.

Financial Analysts in El Paso, TX earn a median hourly wage of $41.34 per hour. Hourly rates range from $26.25/hour at entry-level (10th percentile) to $60.98/hour for top earners (90th percentile). Based on a standard 2,080-hour work year, this translates to annual salaries between $54,598 and $126,841.

The median financial analyst salary of $85,997 in El Paso, TX is below the national median of $99,890 (13.9% lower). Plus, the cost of living is 14% below the national average, stretching your salary further. This salary places you at the 50th percentile, meaning half of financial analysts in the area earn more and half earn less.

Financial Analysts in El Paso, TX earn below the national average. The local median salary of $85,997 is 13.9% lower than the national median of $99,890. Plus, the cost of living is 14% below the national average, stretching your salary further. When adjusted for cost of living, the effective salary is approximately $99,765.

The top 10% of financial analysts in El Paso, TX earn $126,841 or more per year ($60.98/hour). These top earners typically have 10+ years of experience, advanced certifications, specialized expertise, or hold senior/management positions. The 75th percentile earns $106,285, which is a realistic goal for mid-career professionals.

Key skills that can boost financial analyst salary in El Paso, TX include: Strong analytical and quantitative abilities, Proficiency in financial modeling and Excel, Knowledge of financial markets and instruments, Attention to detail and accuracy. Professionals with these skills often earn above the median of $85,997, potentially reaching the 75th percentile ($106,285) or higher. Industry sector (investment banking, hedge funds, corporate finance)

El Paso, TX has a specialized job market for financial analysts, with approximately 315 professionals employed in the area. The median salary of $85,997 is below the national average. Plus, the cost of living is 14% below the national average, stretching your salary further. Job seekers should consider both salary and local industry demand when evaluating opportunities.

Compare your financial analyst salary to these El Paso, TX benchmarks: 10th percentile (entry-level): $54,598, 25th percentile: $71,508, 50th percentile (median): $85,997, 75th percentile: $106,285, 90th percentile (top earners): $126,841. If you earn more than $85,997, you're above average for the area.

Beyond the $85,997 median base salary, financial analysts in El Paso, TX typically receive comprehensive benefits including health insurance (medical, dental, vision), retirement plans (401k with employer matching), paid time off (15-25 days), and potentially bonuses or profit-sharing. Total compensation including benefits typically adds 25-40% to base salary value.

Experienced financial analysts with 5-10 years in El Paso, TX typically earn $106,285 (75th percentile) to $126,841 (90th percentile) per year. Senior professionals with 10+ years, certifications, or management roles can reach the top 10% at $126,841. Mid-career professionals (3-5 years) usually earn around the median of $85,997.

Financial Analysts in El Paso, TX can see significant salary growth over their careers. Entry-level ($54,598) to median ($85,997) typically takes 3-5 years. Reaching the 90th percentile ($126,841) may take 10+ years and often requires specialized skills, certifications, or leadership experience. That's a potential growth of $72,243 over a career.

Data Source & Methodology

Official government statistics you can trust

Primary Source

U.S. Bureau of Labor Statistics

Occupational Employment and Wage Statistics (OEWS) Program

Visit Official BLS Website

Data Year

2024

2 Years Old

Geographic Area

El Paso

Metropolitan Statistical Area

Occupation Code

13-2051

SOC Classification

Sample Size

315

Employees Surveyed

How This Data Is Collected

The OEWS program produces employment and wage estimates annually for over 800 occupations across all metropolitan and nonmetropolitan areas. Approximately 1.1 million establishments are surveyed over a three-year period, representing the most comprehensive wage data available for the U.S. labor market.

Note: Percentile wages represent actual reported wages and may differ from individual compensation packages that include benefits, bonuses, and equity.

Last updated: January 23, 2026

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Financial Analyst in El Paso, TX

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Median: $85,997/yr

How El Paso, TX Compares

vs National Average

$99,890

-13.9%

vs Texas Average

$103,655

-17.0%

Cost-of-Living Adjusted

$99,765

+16.0%

Cost of living in El Paso, TX is 13.8% below the national average.

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