Best cities for an equity research analyst
The best cities for equity research analysts are Philadelphia, PA, Boston, MA, and Durham, NC, based on factors like average salary and job availability per capita. Jobs and pay for equity research analysts vary across the country, but we've determined the ten best cities for equity research analysts in the U.S.
Whether you're starting your career as an equity research analyst or considering a move, this list of the best cities for equity research analysts to live in will help you decide. These aren't just the best-paying cities for equity research analysts. We also consider how easy it is to find work as an equity research analyst. While the absolute best city for equity research analysts is Philadelphia, PA, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for equity research analysts in 2024.
If you're looking for an equity research analyst job, here are five companies hiring now:
10 best cities for equity research analysts in 2025
1. Philadelphia, PA
Total equity research analyst jobs: 12 Average annual salary: $106,848 Lowest 10 percent warn: $70,000 Highest 10 percent earn: $160,000 Location quotient: 8.85 2. Boston, MA
Total equity research analyst jobs: 47 Average annual salary: $118,057 Lowest 10 percent warn: $78,000 Highest 10 percent earn: $177,000 Location quotient: 23.44 3. Durham, NC
Total equity research analyst jobs: 4 Average annual salary: $107,274 Lowest 10 percent warn: $71,000 Highest 10 percent earn: $161,000 Location quotient: 8.77 4. San Francisco, CA
Total equity research analyst jobs: 24 Average annual salary: $128,455 Lowest 10 percent warn: $80,000 Highest 10 percent earn: $204,000 Location quotient: 8.56 5. Cleveland, OH
Total equity research analyst jobs: 6 Average annual salary: $96,677 Lowest 10 percent warn: $63,000 Highest 10 percent earn: $147,000 Location quotient: 13.48 6. Las Vegas, NV
Total equity research analyst jobs: 0 Average annual salary: $118,549 Lowest 10 percent warn: $73,000 Highest 10 percent earn: $190,000 Location quotient: 0.00 7. North Las Vegas, NV
Total equity research analyst jobs: 0 Average annual salary: $118,397 Lowest 10 percent warn: $73,000 Highest 10 percent earn: $189,000 Location quotient: 0.00 8. Henderson, NV
Total equity research analyst jobs: 0 Average annual salary: $118,094 Lowest 10 percent warn: $73,000 Highest 10 percent earn: $189,000 Location quotient: 0.00 9. Reno, NV
Total equity research analyst jobs: 0 Average annual salary: $123,012 Lowest 10 percent warn: $76,000 Highest 10 percent earn: $197,000 Location quotient: 0.00 10. Detroit, MI
Total equity research analyst jobs: 0 Average annual salary: $111,947 Lowest 10 percent warn: $73,000 Highest 10 percent earn: $170,000 Location quotient: 0.00
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Best cities for equity research analysts
- Philadelphia, PA
- Boston, MA
- Durham, NC
- San Francisco, CA
- Cleveland, OH
- Las Vegas, NV
- North Las Vegas, NV
- Henderson, NV
- Reno, NV
- Detroit, MI
- (12 equity research analyst jobs)
- (47 equity research analyst jobs)
- (4 equity research analyst jobs)
- (24 equity research analyst jobs)
- (6 equity research analyst jobs)
- (0 equity research analyst jobs)
- (0 equity research analyst jobs)
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- (0 equity research analyst jobs)
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Detailed list of the best cities for an equity research analyst
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Philadelphia, PA | $106,848 | $70,000 | 1,567,872 | 12 |
| 2 | Boston, MA | $118,057 | $78,000 | 673,184 | 47 |
| 3 | Durham, NC | $107,274 | $71,000 | 263,016 | 4 |
| 4 | San Francisco, CA | $128,455 | $80,000 | 870,887 | 24 |
| 5 | Cleveland, OH | $96,677 | $63,000 | 385,809 | 6 |
| 6 | Las Vegas, NV | $118,549 | $73,000 | 632,912 | - |
| 7 | North Las Vegas, NV | $118,397 | $73,000 | 238,702 | - |
| 8 | Henderson, NV | $118,094 | $73,000 | 292,969 | - |
| 9 | Reno, NV | $123,012 | $76,000 | 245,255 | - |
| 10 | Detroit, MI | $111,947 | $73,000 | 672,795 | - |
| 11 | New York, NY | $117,562 | $78,000 | 8,537,673 | 241 |
| 12 | Jersey City, NJ | $125,122 | $83,000 | 264,152 | - |
| 13 | Newark, NJ | $125,073 | $83,000 | 281,764 | - |
| 14 | Raleigh, NC | $107,273 | $71,000 | 458,880 | - |
| 15 | Pittsburgh, PA | $103,801 | $68,000 | 303,625 | - |
| 16 | Greensboro, NC | $106,239 | $70,000 | 287,027 | - |
| 17 | Charlotte, NC | $103,360 | $68,000 | 842,051 | 1 |
| 18 | Oakland, CA | $128,319 | $80,000 | 420,005 | - |
| 19 | Winston-Salem, NC | $105,660 | $69,000 | 242,203 | - |
| 20 | Fremont, CA | $128,118 | $80,000 | 233,136 | - |
| 21 | Albuquerque, NM | $103,612 | $63,000 | 559,277 | - |
| 22 | San Jose, CA | $127,992 | $80,000 | 1,025,350 | - |
| 23 | Glendale, AZ | $105,451 | $65,000 | 245,895 | - |
| 24 | Stockton, CA | $127,717 | $80,000 | 307,072 | - |
| 25 | Phoenix, AZ | $105,410 | $65,000 | 1,615,017 | - |
| 26 | Seattle, WA | $113,127 | $68,000 | 704,352 | 6 |
| 27 | Scottsdale, AZ | $105,340 | $65,000 | 246,645 | - |
| 28 | Sacramento, CA | $127,756 | $79,000 | 495,234 | - |
| 29 | Mesa, AZ | $104,930 | $65,000 | 484,587 | - |
| 30 | Chandler, AZ | $104,921 | $65,000 | 247,477 | - |
| 31 | Gilbert, AZ | $104,853 | $65,000 | 237,133 | - |
| 32 | Brookhaven, NY | $117,981 | $78,000 | 486,040 | - |
| 33 | Islip, NY | $117,900 | $78,000 | 335,543 | - |
| 34 | Oyster Bay, NY | $117,768 | $78,000 | 293,214 | - |
| 35 | Fresno, CA | $126,113 | $79,000 | 522,053 | - |
| 36 | Hempstead, NY | $117,709 | $78,000 | 759,757 | - |
| 37 | Toledo, OH | $95,361 | $62,000 | 278,508 | - |
| 38 | Los Angeles, CA | $121,446 | $76,000 | 3,976,322 | 5 |
| 39 | Bakersfield, CA | $124,064 | $78,000 | 376,380 | - |
| 40 | Milwaukee, WI | $95,333 | $61,000 | 595,047 | 1 |
| 41 | Columbus, OH | $93,989 | $61,000 | 860,090 | - |
| 42 | Buffalo, NY | $114,755 | $75,000 | 256,902 | - |
| 43 | Virginia Beach, VA | $109,904 | $73,000 | 452,602 | - |
| 44 | Norfolk, VA | $109,753 | $73,000 | 245,115 | - |
| 45 | Tucson, AZ | $102,927 | $64,000 | 530,706 | - |
| 46 | Saint Paul, MN | $94,537 | $60,000 | 302,398 | 2 |
| 47 | Minneapolis, MN | $94,436 | $60,000 | 413,651 | 5 |
| 48 | Chicago, IL | $97,252 | $63,000 | 2,704,958 | 10 |
| 49 | Long Beach, CA | $120,794 | $76,000 | 470,130 | - |
| 50 | Anaheim, CA | $120,637 | $75,000 | 351,043 | - |
Highest paying cities for equity research analysts
| Rank | City | Avg. equity research analyst salary |
|---|---|---|
| 1 | San Francisco, CA | $128,455 |
| 2 | Boston, MA | $118,057 |
| 3 | New York, NY | $117,562 |
| 4 | Westport, CT | $117,104 |
| 5 | Seattle, WA | $113,127 |
| 6 | Ann Arbor, MI | $111,419 |
| 7 | Durham, NC | $107,274 |
| 8 | Philadelphia, PA | $106,848 |
| 9 | Washington, DC | $103,434 |
| 10 | Santa Fe, NM | $101,725 |
| 11 | Baltimore, MD | $99,250 |
| 12 | Chicago, IL | $97,252 |
| 13 | Cleveland, OH | $96,677 |
| 14 | Milwaukee, WI | $95,333 |
| 15 | Saint Paul, MN | $94,537 |
| 16 | Atlanta, GA | $92,720 |
| 17 | Columbia, SC | $92,369 |
| 18 | Portland, OR | $92,137 |
| 19 | Austin, TX | $88,969 |
| 20 | Indianapolis, IN | $85,673 |
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Updated January 8, 2025