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Best states for a bank analyst
- Rank 1 - 10
- 11 - 20
- 21 - 30
- 31 - 40
- 41 - 51
We decided to bring you a list of the best states for jobs for bank analysts in the United States. Bank analyst positions are available in every state, but not all states are the same. Some states do not offer the same wages, benefits, time off, etc for bank analysts.Our research found that Michigan is the best state for bank analysts, while Pennsylvania and Michigan are ranked highest in terms of median salary. Michigan has a median salary of $94,571 and Pennsylvania has the highest median salary among all 50 states for bank analysts.
The median salary for bank analysts in Michigan is $94,571. Compare that to the median salary in Louisiana of $68,309, which ranked worst for bank analysts, and you can see how your location is important for your career.If you are currently seeking employment as a bank analyst, you can find open job positions using Zippia's search tools.
10 best states for bank analysts in 2025
1. Michigan
Total bank analyst jobs: 927 Average annual salary: $94,571 Lowest 10 percent earn: $69,000 Highest 10 percent earn: $129,000 Location Quotient: 1.03
2. Minnesota
Total bank analyst jobs: 824 Average annual salary: $91,015 Lowest 10 percent earn: $67,000 Highest 10 percent earn: $123,000 Location Quotient: 1.06
3. Arizona
Total bank analyst jobs: 619 Average annual salary: $94,314 Lowest 10 percent earn: $68,000 Highest 10 percent earn: $129,000 Location Quotient: 0.91
4. Pennsylvania
Total bank analyst jobs: 1,075 Average annual salary: $97,724 Lowest 10 percent earn: $71,000 Highest 10 percent earn: $134,000 Location Quotient: 0.79
5. New York
Total bank analyst jobs: 2,309 Average annual salary: $89,917 Lowest 10 percent earn: $65,000 Highest 10 percent earn: $123,000 Location Quotient: 1.55
6. Washington
Total bank analyst jobs: 857 Average annual salary: $89,518 Lowest 10 percent earn: $63,000 Highest 10 percent earn: $125,000 Location Quotient: 1.01
7. Delaware
Total bank analyst jobs: 165 Average annual salary: $86,009 Lowest 10 percent earn: $62,000 Highest 10 percent earn: $118,000 Location Quotient: 1.13
8. Connecticut
Total bank analyst jobs: 361 Average annual salary: $87,301 Lowest 10 percent earn: $63,000 Highest 10 percent earn: $119,000 Location Quotient: 0.93
9. New Hampshire
Total bank analyst jobs: 139 Average annual salary: $90,573 Lowest 10 percent earn: $66,000 Highest 10 percent earn: $123,000 Location Quotient: 0.68
10. Rhode Island
Total bank analyst jobs: 127 Average annual salary: $84,308 Lowest 10 percent earn: $61,000 Highest 10 percent earn: $115,000 Location Quotient: 0.9
Bank analyst jobsNear Columbus, OH
How Zippia determines the best states to be a bank analyst
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a bank analyst
| Rank | State | Average salary | Lowest 10% earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Michigan | $94,571 | $69,000 | 9,962,311 | 927 |
| 2 | Minnesota | $91,015 | $67,000 | 5,576,606 | 824 |
| 3 | Arizona | $94,314 | $68,000 | 7,016,270 | 619 |
| 4 | Pennsylvania | $97,724 | $71,000 | 12,805,537 | 1,075 |
| 5 | New York | $89,917 | $65,000 | 19,849,399 | 2,309 |
| 6 | Washington | $89,518 | $63,000 | 7,405,743 | 857 |
| 7 | Delaware | $86,009 | $62,000 | 961,939 | 165 |
| 8 | Connecticut | $87,301 | $63,000 | 3,588,184 | 361 |
| 9 | New Hampshire | $90,573 | $66,000 | 1,342,795 | 139 |
| 10 | Rhode Island | $84,308 | $61,000 | 1,059,639 | 127 |
| 11 | Texas | $81,896 | $60,000 | 28,304,596 | 2,431 |
| 12 | District of Columbia | $86,735 | $63,000 | 693,972 | 443 |
| 13 | Missouri | $83,125 | $60,000 | 6,113,532 | 585 |
| 14 | Massachusetts | $84,781 | $62,000 | 6,859,819 | 1,073 |
| 15 | New Jersey | $84,699 | $61,000 | 9,005,644 | 901 |
| 16 | California | $85,344 | $60,000 | 39,536,653 | 3,650 |
| 17 | Vermont | $81,481 | $59,000 | 623,657 | 91 |
| 18 | Virginia | $79,962 | $58,000 | 8,470,020 | 1,503 |
| 19 | Nevada | $81,812 | $57,000 | 2,998,039 | 173 |
| 20 | Maryland | $81,700 | $59,000 | 6,052,177 | 942 |
| 21 | North Carolina | $78,845 | $58,000 | 10,273,419 | 939 |
| 22 | Ohio | $78,266 | $57,000 | 11,658,609 | 923 |
| 23 | Hawaii | $80,256 | $63,000 | 1,427,538 | 127 |
| 24 | Oregon | $81,640 | $58,000 | 4,142,776 | 372 |
| 25 | Iowa | $78,296 | $57,000 | 3,145,711 | 291 |
| 26 | Wyoming | $71,715 | $51,000 | 579,315 | 83 |
| 27 | New Mexico | $79,701 | $57,000 | 2,088,070 | 148 |
| 28 | South Carolina | $79,205 | $58,000 | 5,024,369 | 262 |
| 29 | Illinois | $74,722 | $54,000 | 12,802,023 | 1,560 |
| 30 | Utah | $77,267 | $54,000 | 3,101,833 | 289 |
| 31 | West Virginia | $77,415 | $56,000 | 1,815,857 | 79 |
| 32 | Alabama | $73,690 | $54,000 | 4,874,747 | 424 |
| 33 | Indiana | $76,440 | $56,000 | 6,666,818 | 505 |
| 34 | Florida | $75,169 | $55,000 | 20,984,400 | 1,650 |
| 35 | Maine | $75,936 | $56,000 | 1,335,907 | 113 |
| 36 | North Dakota | $67,316 | $49,000 | 755,393 | 138 |
| 37 | Georgia | $73,549 | $54,000 | 10,429,379 | 948 |
| 38 | Wisconsin | $67,902 | $49,000 | 5,795,483 | 673 |
| 39 | Alaska | $73,512 | $60,000 | 739,795 | 78 |
| 40 | Colorado | $68,835 | $49,000 | 5,607,154 | 783 |
| 41 | Idaho | $70,643 | $49,000 | 1,716,943 | 156 |
| 42 | Nebraska | $72,403 | $52,000 | 1,920,076 | 184 |
| 43 | Oklahoma | $64,942 | $47,000 | 3,930,864 | 1,001 |
| 44 | Tennessee | $69,021 | $51,000 | 6,715,984 | 521 |
| 45 | Kansas | $63,757 | $46,000 | 2,913,123 | 708 |
| 46 | Arkansas | $64,964 | $47,000 | 3,004,279 | 311 |
| 47 | Montana | $69,174 | $49,000 | 1,050,493 | 102 |
| 48 | Kentucky | $67,601 | $49,000 | 4,454,189 | 235 |
| 49 | South Dakota | $64,415 | $47,000 | 869,666 | 100 |
| 50 | Mississippi | $66,724 | $49,000 | 2,984,100 | 159 |
| 51 | Louisiana | $68,309 | $50,000 | 4,684,333 | 221 |
Highest paying states for bank analysts
| Rank | State | Avg. Bank Analyst Salary |
|---|---|---|
| 1 | Michigan | $94,571 |
| 2 | Minnesota | $91,015 |
| 3 | Arizona | $94,314 |
| 4 | Pennsylvania | $97,724 |
| 5 | New York | $89,917 |
| 6 | Washington | $89,518 |
| 7 | Delaware | $86,009 |
| 8 | Connecticut | $87,301 |
| 9 | New Hampshire | $90,573 |
| 10 | Rhode Island | $84,308 |
| 11 | Texas | $81,896 |
| 12 | District of Columbia | $86,735 |
| 13 | Missouri | $83,125 |
| 14 | Massachusetts | $84,781 |
| 15 | New Jersey | $84,699 |
| 16 | California | $85,344 |
| 17 | Vermont | $81,481 |
| 18 | Virginia | $79,962 |
| 19 | Nevada | $81,812 |
| 20 | Maryland | $81,700 |
| 21 | North Carolina | $78,845 |
| 22 | Ohio | $78,266 |
| 23 | Hawaii | $80,256 |
| 24 | Oregon | $81,640 |
| 25 | Iowa | $78,296 |
| 26 | Wyoming | $71,715 |
| 27 | New Mexico | $79,701 |
| 28 | South Carolina | $79,205 |
| 29 | Illinois | $74,722 |
| 30 | Utah | $77,267 |
| 31 | West Virginia | $77,415 |
| 32 | Alabama | $73,690 |
| 33 | Indiana | $76,440 |
| 34 | Florida | $75,169 |
| 35 | Maine | $75,936 |
| 36 | North Dakota | $67,316 |
| 37 | Georgia | $73,549 |
| 38 | Wisconsin | $67,902 |
| 39 | Alaska | $73,512 |
| 40 | Colorado | $68,835 |
| 41 | Idaho | $70,643 |
| 42 | Nebraska | $72,403 |
| 43 | Oklahoma | $64,942 |
| 44 | Tennessee | $69,021 |
| 45 | Kansas | $63,757 |
| 46 | Arkansas | $64,964 |
| 47 | Montana | $69,174 |
| 48 | Kentucky | $67,601 |
| 49 | South Dakota | $64,415 |
| 50 | Mississippi | $66,724 |
| 51 | Louisiana | $68,309 |
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Updated January 8, 2025