Financial Analyst Salary in New York, NY: $116,379 (2024)

The median financial analyst salary in New York, NY is $116,379 per year ($55.95/hour) as of 2026. This is based on official U.S. Bureau of Labor Statistics data. Salaries range from $73,007 for entry-level positions to $165,257 for experienced professionals in the top 10%.

Entry-level financial analysts in New York, NY typically start at around $73,007 per year ($35.10/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 $116,379 within 3-5 years.

Financial Analysts in New York, NY earn a median hourly wage of $55.95 per hour. Hourly rates range from $35.10/hour at entry-level (10th percentile) to $79.45/hour for top earners (90th percentile). Based on a standard 2,080-hour work year, this translates to annual salaries between $73,007 and $165,257.

The median financial analyst salary of $116,379 in New York, NY is well above the national median of $99,890 (16.5% higher). The cost of living is 29% above average. 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 New York, NY earn well above the national average. The local median salary of $116,379 is 16.5% higher than the national median of $99,890. The cost of living is 29% above average. When adjusted for cost of living, the effective salary is approximately $90,427.

The top 10% of financial analysts in New York, NY earn $165,257 or more per year ($79.45/hour). These top earners typically have 10+ years of experience, advanced certifications, specialized expertise, or hold senior/management positions. The 75th percentile earns $137,530, which is a realistic goal for mid-career professionals.

Key skills that can boost financial analyst salary in New York, NY 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 $116,379, potentially reaching the 75th percentile ($137,530) or higher. Industry sector (investment banking, hedge funds, corporate finance)

New York, NY has a moderate job market for financial analysts, with approximately 580 professionals employed in the area. The median salary of $116,379 is well above the national average. The cost of living is 29% above average. Job seekers should consider both salary and local industry demand when evaluating opportunities.

Compare your financial analyst salary to these New York, NY benchmarks: 10th percentile (entry-level): $73,007, 25th percentile: $93,578, 50th percentile (median): $116,379, 75th percentile: $137,530, 90th percentile (top earners): $165,257. If you earn more than $116,379, you're above average for the area.

Beyond the $116,379 median base salary, financial analysts in New York, NY 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 New York, NY typically earn $137,530 (75th percentile) to $165,257 (90th percentile) per year. Senior professionals with 10+ years, certifications, or management roles can reach the top 10% at $165,257. Mid-career professionals (3-5 years) usually earn around the median of $116,379.

Financial Analysts in New York, NY can see significant salary growth over their careers. Entry-level ($73,007) to median ($116,379) typically takes 3-5 years. Reaching the 90th percentile ($165,257) may take 10+ years and often requires specialized skills, certifications, or leadership experience. That's a potential growth of $92,250 over a career.