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Business & finance analyst salary
Average business & finance analyst salary
$70,514
Understanding the Business & Finance Analyst Salary
A Business & Finance Analyst typically earns around $70,514 annually, with variations based on location and experience. Analysts play a vital role by interpreting financial data and providing actionable insights, which can significantly influence a company's success. In states like California and New York, salaries often exceed the national average due to higher living costs and demand for skilled analysts.
Key Factors Influencing Salary
Experience is a significant determinant of salary; entry-level positions generally start lower, while analysts with several years of experience can earn upwards of $90,000. Industries such as finance and technology tend to offer higher compensation due to the complexity and value of the data analyzed. Cities like San Francisco and New York are among the highest paying locations, reflecting local demand for finance professionals.
Growth Opportunities
As businesses increasingly rely on data-driven decision-making, the demand for skilled analysts is expected to grow. Obtaining certifications, such as a CFA or CPA, can enhance job prospects and salary potential. Analysts should also consider networking within industry-specific groups to uncover new opportunities and stay updated on market trends.
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Where can a Business & Finance Analyst earn more?
Average business & finance analyst salary by state
The highest-paying states for business & finance analysts are Washington, California, and Massachusetts. The lowest average business & finance analyst salary states are Kansas, Indiana, and Montana.
- State view
- County view
Highest paying states for business & finance analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $78,709 | $37.84 |
| 2 | Nevada | $69,056 | $33.20 |
| 3 | Massachusetts | $75,192 | $36.15 |
| 4 | New York | $72,439 | $34.83 |
| 5 | Rhode Island | $70,712 | $34.00 |
| 6 | Missouri | $69,053 | $33.20 |
| 7 | North Carolina | $71,621 | $34.43 |
| 8 | California | $76,263 | $36.66 |
| 9 | New Jersey | $71,994 | $34.61 |
| 10 | Connecticut | $69,427 | $33.38 |
| 11 | Arizona | $71,605 | $34.43 |
| 12 | Texas | $69,236 | $33.29 |
| 13 | New Mexico | $68,767 | $33.06 |
| 14 | Minnesota | $62,849 | $30.22 |
| 15 | Pennsylvania | $67,661 | $32.53 |
| 16 | Wyoming | $62,157 | $29.88 |
| 17 | Michigan | $61,307 | $29.47 |
| 18 | District of Columbia | $65,742 | $31.61 |
| 19 | Virginia | $64,472 | $31.00 |
| 20 | Wisconsin | $60,265 | $28.97 |
| 21 | New Hampshire | $68,238 | $32.81 |
| 22 | Alabama | $62,120 | $29.87 |
| 23 | Oregon | $65,570 | $31.52 |
| 24 | Ohio | $59,848 | $28.77 |
| 25 | West Virginia | $63,428 | $30.49 |
| 26 | Hawaii | $66,899 | $32.16 |
| 27 | Utah | $59,970 | $28.83 |
| 28 | Tennessee | $58,013 | $27.89 |
| 29 | Illinois | $61,887 | $29.75 |
| 30 | Maryland | $64,561 | $31.04 |
| 31 | Delaware | $58,743 | $28.24 |
| 32 | Nebraska | $58,005 | $27.89 |
| 33 | Colorado | $62,881 | $30.23 |
| 34 | Arkansas | $59,774 | $28.74 |
| 35 | Idaho | $60,693 | $29.18 |
| 36 | Vermont | $61,381 | $29.51 |
| 37 | Georgia | $61,449 | $29.54 |
| 38 | Louisiana | $59,700 | $28.70 |
| 39 | Alaska | $54,384 | $26.15 |
| 40 | Mississippi | $58,157 | $27.96 |
| 41 | Iowa | $57,036 | $27.42 |
| 42 | Kentucky | $56,744 | $27.28 |
| 43 | Florida | $58,898 | $28.32 |
| 44 | South Dakota | $53,609 | $25.77 |
| 45 | Indiana | $56,069 | $26.96 |
| 46 | South Carolina | $57,735 | $27.76 |
| 47 | Oklahoma | $57,575 | $27.68 |
| 48 | Kansas | $56,178 | $27.01 |
| 49 | Montana | $55,295 | $26.58 |
| 50 | North Dakota | $51,544 | $24.78 |
| 51 | Maine | $56,778 | $27.30 |
Highest paying cities for business & finance analysts
The highest-paying cities for business & finance analysts are San Francisco, CA, Seattle, WA, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $80,609 | $38.75 |
| 2 | Seattle, WA | $79,072 | $38.02 |
| 3 | Boston, MA | $75,249 | $36.18 |
| 4 | New York, NY | $72,580 | $34.89 |
| 5 | Jersey City, NJ | $72,233 | $34.73 |
| 6 | Phoenix, AZ | $71,708 | $34.48 |
| 7 | Charlotte, NC | $71,685 | $34.46 |
| 8 | Houston, TX | $69,292 | $33.31 |
| 9 | Saint Louis, MO | $68,967 | $33.16 |
| 10 | Philadelphia, PA | $68,109 | $32.74 |
| 11 | Washington, DC | $65,786 | $31.63 |
| 12 | Portland, OR | $64,766 | $31.14 |
| 13 | Arlington, VA | $64,630 | $31.07 |
| 14 | Minneapolis, MN | $62,874 | $30.23 |
| 15 | Denver, CO | $62,826 | $30.20 |
| 16 | Chicago, IL | $61,879 | $29.75 |
| 17 | Atlanta, GA | $61,435 | $29.54 |
| 18 | Madison, WI | $60,288 | $28.98 |
| 19 | Salt Lake City, UT | $59,823 | $28.76 |
| 20 | Columbus, OH | $59,785 | $28.74 |
Business & finance analyst salary details
A business & finance analyst's salary ranges from $50,000 a year at the 10th percentile to $99,000 at the 90th percentile.
What is a business & finance analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $99,000 | $8,250 | $48 |
| 75th Percentile | $84,000 | $7,000 | $40 |
| Average | $70,514 | $5,876 | $34 |
| 25th Percentile | $58,000 | $4,833 | $28 |
| 10th Percentile | $50,000 | $4,167 | $24 |
Highest paying business & finance analyst jobs
The highest paying types of business & finance analysts are lead business analyst, senior technical business analyst, and business systems senior analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Cost Analyst | $54,158 | $4,513 | $26.04 | 60,034 |
| Finance Analyst/Accountant | $62,975 | $5,248 | $30.28 | 118,043 |
| Contractor-Business Analyst | $87,402 | $7,283 | $42.02 | 147,698 |
| Business Analyst-Consultant | $90,127 | $7,511 | $43.33 | 166,560 |
| Business Analyst Internship | $45,560 | $3,797 | $21.90 | 157,977 |
| Finance Systems Analyst | $85,795 | $7,150 | $41.25 | 188,040 |
How would you rate the starting salaries for business & finance analysts, as well as the prospects for salary advancement?
Dr. Francis Cai Ph.D.
Professor, William Paterson University of New Jersey
Top companies hiring business & finance analysts now:
Which companies pay business & finance analysts the most?
Business & finance analyst salaries at Google and Intuit are the highest-paying according to our most recent salary estimates. In addition, the average business & finance analyst salary at companies like Apple and Cisco are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | $121,970 | $58.64 | |
| 2 | Intuit | $112,270 | $53.98 |
| 3 | Apple | $108,246 | $52.04 |
| 4 | Cisco | $104,983 | $50.47 |
| 5 | HP | $101,086 | $48.60 |
| 6 | eBay | $98,132 | $47.18 |
| 7 | Argonne National Laboratory | $96,869 | $46.57 |
| 8 | Bridgewater Associates | $96,072 | $46.19 |
| 9 | Applied Materials | $95,757 | $46.04 |
| 10 | Los Alamos National Laboratory | $95,722 | $46.02 |
| 11 | Arkema | $95,716 | $46.02 |
| 12 | Authentic Brands Group | $95,698 | $46.01 |
| 13 | The Travelers Companies | $93,412 | $44.91 |
| 14 | Standard Chartered | $93,258 | $44.84 |
| 15 | Stripe | $92,928 | $44.68 |
| 16 | MUFG EMEA | $92,602 | $44.52 |
| 17 | Micron Technology | $92,537 | $44.49 |
| 18 | Shearman & Sterling | $92,303 | $44.38 |
| 19 | Goldman Sachs | $90,739 | $43.62 |
| 20 | Sherpa | $90,698 | $43.60 |
Wage gap by gender, race and education
Business & Finance Analyst salary by industry
The average business & finance analyst salary varies across industries:
- The average business & finance analyst salary in the finance industry is $82,379, the highest of any industry.
- The average business & finance analyst salary in the finance industry is $79,890.
- Business & finance analysts in the government industry earn an average salary of $63,685, the lowest of any industry.
Highest paying industries for business & finance analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $82,379 | $39.61 |
| 2 | Technology | $79,890 | $38.41 |
| 3 | Professional | $78,963 | $37.96 |
| 4 | Manufacturing | $72,490 | $34.85 |
| 5 | Health Care | $71,311 | $34.28 |
| 6 | Retail | $65,947 | $31.71 |
| 7 | Government | $63,685 | $30.62 |
High paying business & finance analyst jobs
Business & finance analyst salary trends
The average business & finance analyst salary has risen by $10,829 over the last ten years. In 2014, the average business & finance analyst earned $59,685 annually, but today, they earn $70,514 a year. That works out to a 9% change in pay for business & finance analysts over the last decade.
Compare business & finance analyst salaries for cities or states with the national average over time.
Average business & finance analyst salary over time
Compare business & finance analyst salaries for individual cities or states with the national average.
Business & finance analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $70,500 | $33.90 | +2.6% |
| 2025 | $68,700 | $33.03 | +1.6% |
| 2024 | $67,600 | $32.49 | +1.6% |
| 2023 | $66,500 | $31.98 | +3.0% |
| 2022 | $64,500 | $31.01 | +1.8% |
Recently added business & finance analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Sutterhealth | Financial Analyst III, Financial Business Services | Sacramento, CA | 06/30/2025 | $92,412 |
| Enloe Medical Center | Finance & Business Analyst Exempt) | Chico, CA | 06/29/2025 | $82,353 |
| Paypal | Financial Analyst Business Partner 1 | Chicago, IL | 06/27/2025 | $138,175 |
| Vervent | Business Analyst-Financial Services PMO | San Diego, CA | 06/27/2025 | $54,750 |
| University of Nebraska Medical Center | Finance & Business Analyst | Omaha, NE | 06/26/2025 | $66,100 |
| State of Wisconsin | Financial Business Analyst | Madison, WI | 06/26/2025 | $61,086 |
| LLNL | Financial Analyst, Team Leader-Operations & Business | Livermore, CA | 06/25/2025 | $133,950 |
| Gusto | Finance, Business Operations & Strategy (Gusto Money Group) | New York, NY | 06/22/2025 | $109,785 |
| Hackensack Meridian Health | Financial Analyst, Budgets and Business Planning | Edison, NJ | 06/19/2025 | $95,555 |
| Pinnacle Technical Resources Inc. | Business/Financial Analyst-I | Lake Mary, FL | 06/19/2025 | $50,088 |
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