Whether you’re just starting out your career, or looking to make a move, it can be important to know what part of the country offers the best chance for your long term career prospects. And for a very common profession like Finance Analysts, the regional differences can have a big impact on your salary and career options.
To help you make the best decision possible, we at Zippia wanted to look at the cities that offer finance analysts the most for their career. These are the cities across the US where finance analysts get paid well, relative to the cost of living, and jobs are plentiful.
So we did what we do best and dove into the numbers from the BLS to figure out which cities have the best opportunities for finance analysts.The result is this list of the best cities finance analysts:
So there you have it — San Francisco is the best city when it comes to being a finance analyst.
And where should you consider avoiding if you’re a finance analyst? That would be Monroe.
Read on to see how we completed our research on the best cities for finance analysts and for more on the top ten cities.
Here at Zippia, we talk to a lot of people of all different backgrounds looking for jobs. Our research has concluded that there are two common things people want in a job:
So in order to find out the best cities for finance analysts in America we needed to figure out where the jobs are and how well finance analysts get paid. This led to the following criteria taken from the Bureau of Labor Statistics’s Occupational Employment Statistics for 2015:
To make all the salary numbers more apples to apples across cities, we compared the salary data relative to the state’s cost of living.
This left us with enough data for 253 metro areas across the country. We then took the primary area of the metro and labeled that the ‘city’ for this analysis. So, for example, “Boston-Cambridge-Newton, MA NECTA Division” became simply Boston.
In order to develop an overall ranking, we ranked each city for each criteria from 1 to 253 where 1 was the best.
We then averaged all the rankings for a city into a Job Score with the city having the lowest overall Job Score earning the distinction of being the best city for finance analysts in America.
So without further ado, let’s get into just what made each city so great for finance analysts.
Total Jobs: 7,110
Average Annual Salary: $137,810
Average Entry Level Salary: $65,510
Location Quotient: 3.58
Total Jobs: 4,010
Average Annual Salary: $116,700
Average Entry Level Salary: $68,970
Location Quotient: 2.04
Total Jobs: 3,270
Average Annual Salary: $107,920
Average Entry Level Salary: $63,870
Location Quotient: 1.6
Total Jobs: 41,350
Average Annual Salary: $124,580
Average Entry Level Salary: $61,130
Location Quotient: 3.28
Total Jobs: 6,680
Average Annual Salary: $101,980
Average Entry Level Salary: $51,800
Location Quotient: 1.17
Total Jobs: 7,280
Average Annual Salary: $96,180
Average Entry Level Salary: $50,710
Location Quotient: 1.61
Total Jobs: 350
Average Annual Salary: $103,960
Average Entry Level Salary: $63,030
Location Quotient: 1.61
Total Jobs: 3,040
Average Annual Salary: $95,350
Average Entry Level Salary: $49,150
Location Quotient: 1.68
Total Jobs: 1,920
Average Annual Salary: $87,900
Average Entry Level Salary: $53,430
Location Quotient: 1.36
Total Jobs: 4,220
Average Annual Salary: $92,130
Average Entry Level Salary: $49,420
Location Quotient: 1.95
If you’re looking to start out your career as a finance analyst these are the cities that should be at the top of your list. You’ll find high pay, available jobs, and chances for career advancement.
If you’re curious, here are the worst cities to be a finance analyst in America:
|1||San Francisco, CA||$137,810|
|2||San Jose, CA||$116,700|
|4||New York, NY||$124,580|
|7||San Rafael, CA||$103,960|
|18||Sioux Falls, SD||$79,370|
|19||San Antonio, TX||$89,660|
|24||Montgomery County, PA||$86,670|
|26||Kansas City, MO||$80,480|
|30||St. Louis, MO||$92,510|
|32||San Luis Obispo, CA||$124,830|
|40||Louisville/Jefferson County, KY||$80,180|
|41||Los Angeles, CA||$93,010|
|45||Cedar Rapids, IA||$73,460|
|51||Santa Fe, NM||$79,510|
|54||Silver Spring, MD||$96,300|
|57||West Palm Beach, FL||$88,850|
|61||Salt Lake City, UT||$79,850|
|64||Boise City, ID||$76,800|
|65||Iowa City, IA||$72,540|
|84||San Diego, CA||$94,790|
|95||Santa Cruz, CA||$96,030|
|96||State College, PA||$80,720|