These Are The 10 Best Cities For Finance Analysts

We used the most recent data to determine the best cities in America for Finance Analysts to open up shop.

Chris Kolmarby Chris KolmarBest States For Professions, Rankings - 1 year ago

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:

  1. San Francisco, CA
  2. San Jose, CA
  3. Oakland, CA
  4. New York, NY
  5. Houston, TX
  6. Dallas, TX
  7. San Rafael, CA
  8. Austin, TX
  9. Detroit, MI
  10. Charlotte, NC

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.

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How we determined the best cities to be a finance analysts?




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:

  • Availability of jobs
  • Pay

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:

  • Location quotient. A measure of how common a job is a given city.
  • Average annual salary.
  • Average annual salary for entry level work.

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.

1. San Francisco, CA

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 7,110
Average Annual Salary: $137,810
Average Entry Level Salary: $65,510
Location Quotient: 3.58

2. San Jose, CA

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 4,010
Average Annual Salary: $116,700
Average Entry Level Salary: $68,970
Location Quotient: 2.04

3. Oakland, CA

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 3,270
Average Annual Salary: $107,920
Average Entry Level Salary: $63,870
Location Quotient: 1.6

4. New York, NY

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 41,350
Average Annual Salary: $124,580
Average Entry Level Salary: $61,130
Location Quotient: 3.28

5. Houston, TX

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 6,680
Average Annual Salary: $101,980
Average Entry Level Salary: $51,800
Location Quotient: 1.17

6. Dallas, TX

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 7,280
Average Annual Salary: $96,180
Average Entry Level Salary: $50,710
Location Quotient: 1.61

7. San Rafael, CA

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 350
Average Annual Salary: $103,960
Average Entry Level Salary: $63,030
Location Quotient: 1.61

8. Austin, TX

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 3,040
Average Annual Salary: $95,350
Average Entry Level Salary: $49,150
Location Quotient: 1.68

9. Detroit, MI

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 1,920
Average Annual Salary: $87,900
Average Entry Level Salary: $53,430
Location Quotient: 1.36

10. Charlotte, NC

Best States For Finance Analysts

Source: wikipedia

Total Jobs: 4,220
Average Annual Salary: $92,130
Average Entry Level Salary: $49,420
Location Quotient: 1.95

And that’s our list of the best cities for finance analysts

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. Monroe, LA
  2. Lakeland, FL
  3. Eau Claire, WI

Detailed List Of The Best Cities For Finance Analysts

Rank State Average Salary Entry Level Salary # Of People
1 San Francisco, CA $137,810 $65,510 7,110
2 San Jose, CA $116,700 $68,970 4,010
3 Oakland, CA $107,920 $63,870 3,270
4 New York, NY $124,580 $61,130 41,350
5 Houston, TX $101,980 $51,800 6,680
6 Dallas, TX $96,180 $50,710 7,280
7 San Rafael, CA $103,960 $63,030 350
8 Austin, TX $95,350 $49,150 3,040
9 Detroit, MI $87,900 $53,430 1,920
10 Charlotte, NC $92,130 $49,420 4,220
11 Huntsville, AL $98,250 $54,920 260
12 Cleveland, OH $83,660 $49,660 1,880
13 Newark, NJ $102,530 $57,980 2,710
14 Anchorage, AK $99,220 $59,280 280
15 Chattanooga, TN $87,850 $51,030 290
16 Portland, OR $92,850 $53,120 2,140
17 Boston, MA $110,040 $55,960 11,280
18 Sioux Falls, SD $79,370 $44,350 400
19 San Antonio, TX $89,660 $46,580 1,990
20 Minneapolis, MN $87,370 $51,740 5,480
21 Durham, NC $79,780 $50,070 1,000
22 Seattle, WA $87,880 $52,050 2,930
23 Raleigh, NC $88,210 $52,580 810
24 Montgomery County, PA $86,670 $47,760 3,340
25 Winston, NC $82,440 $50,630 530
26 Kansas City, MO $80,480 $45,290 1,980
27 Flint, MI $90,390 $58,310 130
28 Philadelphia, PA $90,680 $46,720 2,470
29 Bridgeport, CT $113,310 $52,820 3,070
30 St. Louis, MO $92,510 $43,600 2,320
31 Anaheim, CA $97,660 $54,920 3,560
32 San Luis Obispo, CA $124,830 $71,480 80
33 Naples, FL $119,640 $54,490 120
34 Atlanta, GA $80,530 $46,400 5,630
35 Kingsport, TN $87,130 $48,690 110
36 Milwaukee, WI $82,060 $49,590 2,340
37 Midland, MI $82,700 $52,110 40
38 Nashville, TN $75,940 $46,450 1,660
39 Denver, CO $107,430 $47,530 3,190
40 Louisville/Jefferson County, KY $80,180 $43,360 660
41 Los Angeles, CA $93,010 $56,630 7,550
42 Monroe, MI $88,700 $68,750 30
43 Niles, MI $72,830 $51,070 140
44 Chicago, IL $94,840 $46,370 10,230
45 Cedar Rapids, IA $73,460 $50,800 270
46 Allentown, PA $88,620 $52,140 330
47 Richmond, VA $92,360 $51,770 1,020
48 Columbus, OH $73,600 $42,930 3,190
49 Charlottesville, VA $111,700 $49,510 160
50 Bismarck, ND $82,620 $50,410 70
51 Santa Fe, NM $79,510 $47,170 90
52 Muncie, IN $81,430 $52,600 40
53 Wilmington, DE $85,870 $47,830 3,180
54 Silver Spring, MD $96,300 $51,920 1,850
55 Elkhart, IN $78,700 $49,460 120
56 Tulsa, OK $78,570 $45,020 540
57 West Palm Beach, FL $88,850 $49,620 790
58 Omaha, NE $73,760 $44,950 1,340
59 Lansing, MI $70,090 $51,470 390
60 Framingham, MA $90,070 $55,800 500
61 Salt Lake City, UT $79,850 $43,190 1,320
62 Akron, OH $72,300 $47,420 340
63 Rochester, MN $76,820 $51,100 220
64 Boise City, ID $76,800 $48,690 240
65 Iowa City, IA $72,540 $52,470 110
66 Weirton, WV $71,720 $46,510 40
67 Birmingham, AL $92,580 $37,830 840
68 Burlington, VT $106,140 $45,520 140
69 Madison, WI $78,550 $47,470 770
70 Winchester, VA $96,690 $54,220 40
71 Peabody, MA $107,540 $57,790 80
72 Baltimore, MD $97,160 $50,140 3,440
73 Warren, MI $76,410 $45,630 1,950
74 Montgomery, AL $94,040 $49,350 50
75 Vallejo, CA $94,000 $57,080 120
76 Lincoln, NE $73,490 $46,670 210
77 Fayetteville, AR $82,780 $45,740 120
78 Wilmington, NC $84,340 $54,110 70
79 Hartford, CT $88,850 $53,850 1,810
80 Fargo, ND $68,110 $49,950 160
81 Albuquerque, NM $79,490 $46,270 390
82 Eugene, OR $94,140 $50,330 120
83 Pittsburgh, PA $76,260 $45,130 2,450
84 San Diego, CA $94,790 $49,880 2,530
85 Rockford, IL $105,720 $47,900 130
86 Spartanburg, SC $73,500 $51,330 90
87 Salinas, CA $97,640 $61,980 90
88 Wichita, KS $74,670 $52,120 230
89 Salem, OR $109,280 $53,310 40
90 Memphis, TN $76,510 $42,600 800
91 Peoria, IL $88,760 $48,550 170
92 Indianapolis, IN $70,970 $45,240 1,140
93 Greenville, SC $71,130 $47,450 350
94 Dayton, OH $71,730 $43,550 390
95 Santa Cruz, CA $96,030 $53,010 90
96 State College, PA $80,720 $52,700 40
97 Providence, RI $74,880 $49,250 1,500
98 Sacramento, CA $86,330 $52,870 1,300
99 Evansville, IN $77,850 $46,780 90
100 Beaumont, TX $92,150 $46,260 80

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