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Federal Reserve salaries
Federal Reserve salary estimate
$91,007yearly
Understanding Federal Reserve Salaries
The Federal Reserve offers a variety of roles with competitive salaries averaging $91,007 per year. This average varies significantly across different departments and locations, reflecting the organization’s commitment to fair compensation. Positions in finance tend to offer higher salaries, with specific roles such as financial managers and analysts leading the pay scale. Additionally, geographic location plays a crucial role in salary determination, with major cities often offering more competitive rates.
Key Salary Insights
- Highest Paying Departments: Finance, Risk Management, and Technology.
- Location Impact: Salaries in metropolitan areas typically surpass those in rural settings.
- Career Growth: The Federal Reserve invests in employee development, leading to potential salary increases over time.
By understanding these factors, job seekers can make informed decisions about their careers at the Federal Reserve.
Highest paying jobs at Federal Reserve
The highest paying jobs at Federal Reserve are economist, security architect, bank examiner, and information technology manager. Economist jobs at Federal Reserve earn an average yearly salary of $151,759, Federal Reserve security architect jobs average $146,787, and Federal Reserve bank examiner jobs average $112,838.
The lowest paying Federal Reserve roles include administrative specialist and vault teller. Federal Reserve administrative specialist average salary is $32,026 per year. So while the average Federal Reserve salary is $91,007 there is a big variation in pay depending on the role.
Highest paying jobs at Federal Reserve
| Rank | Job title | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Economist | $151,759 | $72.96 |
| 2 | Security Architect | $146,787 | $70.57 |
| 3 | Bank Examiner | $112,838 | $54.25 |
| 4 | Information Technology Manager | $112,349 | $54.01 |
| 5 | Network Engineer | $79,481 | $38.21 |
| 6 | Sharepoint Consultant | $79,469 | $38.21 |
| 7 | Operating System Programmer | $79,416 | $38.18 |
| 8 | Automation Engineer | $76,639 | $36.85 |
| 9 | Project Manager | $68,922 | $33.14 |
| 10 | Research Programmer | $65,896 | $31.68 |
| 11 | Finance Systems Analyst | $62,102 | $29.86 |
| 12 | Law Enforcement Technician | $57,183 | $27.49 |
| 13 | Technical Writer | $54,935 | $26.41 |
| 14 | Finance Analyst | $54,907 | $26.40 |
| 15 | Staff Accountant | $53,901 | $25.91 |
| 16 | Police Officer | $50,701 | $24.38 |
| 17 | Technical Editor | $50,696 | $24.37 |
| 18 | Sergeant | $43,987 | $21.15 |
| 19 | Operations Specialist | $38,695 | $18.60 |
| 20 | Law Enforcement Officer | $36,645 | $17.62 |
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How much does Federal Reserve pay by location?
Highest paying Federal Reserve locations
| Rank | Location | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $108,194 | $52.02 |
| 2 | New York, NY | $97,758 | $47.00 |
| 3 | Richmond, VA | $93,203 | $44.81 |
| 4 | Denver, CO | $90,297 | $43.41 |
| 5 | Kansas City, MO | $90,261 | $43.39 |
| 6 | Charlotte, NC | $85,829 | $41.26 |
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Federal Reserve salaries by department
Salaries at Federal Reserve vary depending on the department you work in. Federal Reserve salaries in the finance department are the highest with an average salary of $134,412. Employees in the engineering department at Federal Reserve receive relatively high salaries as well, with an average salary of $73,493 per year. Departments that don't pay as well at Federal Reserve include the retail and the customer service organizational functions, with employees earning average salaries of $33,334 and $35,785, respectively.
Average Federal Reserve salary by department
| Rank | Department | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $134,412 | $64.62 |
| 2 | Engineering | $73,493 | $35.33 |
| 3 | IT | $71,238 | $34.25 |
| 4 | Human Resources | $54,791 | $26.34 |
| 5 | Marketing | $54,763 | $26.33 |
| 6 | Plant/Manufacturing | $53,886 | $25.91 |
| 7 | Art/Design | $53,351 | $25.65 |
| 8 | Accounting | $48,449 | $23.29 |
| 9 | Non Profit/Government | $43,805 | $21.06 |
| 10 | Research & Development | $40,495 | $19.47 |
| 11 | Administrative | $36,096 | $17.35 |
| 12 | Customer Service | $35,786 | $17.20 |
| 13 | Retail | $33,335 | $16.03 |
How much does Federal Reserve pay by department?
Best paying Federal Reserve finance salaries
| Rank | Position | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Economist | $151,759 | $72.96 |
| 2 | Bank Examiner | $112,838 | $54.25 |
| 3 | Finance Systems Analyst | $62,102 | $29.86 |
| 4 | Finance Analyst | $54,907 | $26.40 |
| 5 | Consultant | $53,769 | $25.85 |
| 6 | Loan Officer | $40,337 | $19.39 |
| 7 | Payment Processor | $33,422 | $16.07 |
Best paying Federal Reserve IT salaries
| Rank | Position | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Solutions Architect | $117,380 | $56.43 |
| 2 | Information Technology Manager | $112,349 | $54.01 |
| 3 | Enterprise Architect | $103,209 | $49.62 |
| 4 | Personnel Security Specialist | $95,196 | $45.77 |
| 5 | Unix Consultant | $95,143 | $45.74 |
| 6 | Data Center Engineer | $93,879 | $45.13 |
| 7 | Senior Project Manager | $84,495 | $40.62 |
| 8 | Senior Programmer Analyst | $83,143 | $39.97 |
| 9 | Operations Technical Supervisor | $80,457 | $38.68 |
| 10 | Network Engineer | $79,481 | $38.21 |
| 11 | Operating System Programmer | $79,416 | $38.18 |
| 12 | Systems Analyst | $78,968 | $37.97 |
| 13 | Systems Supervisor | $73,935 | $35.55 |
| 14 | Network Administrator | $63,441 | $30.50 |
| 15 | Project Leader | $41,863 | $20.13 |
| 16 | Data Technician | $36,025 | $17.32 |
| 17 | Services Desk Technician | $35,318 | $16.98 |
| 18 | Computer Operator | $34,465 | $16.57 |
| 19 | Information Technology Internship | $33,890 | $16.29 |
| 20 | Technical Internship | $33,512 | $16.11 |
Best paying Federal Reserve administrative salaries
| Rank | Position | Average Federal Reserve salary | Hourly rate |
|---|---|---|---|
| 1 | Records Management Analyst | $44,524 | $21.41 |
| 2 | Document Analyst | $37,180 | $17.88 |
| 3 | Administrative Assistant | $34,207 | $16.45 |
| 4 | Document Specialist | $34,184 | $16.43 |
| 5 | Secretary | $34,082 | $16.39 |
| 6 | Project Management Internship | $33,881 | $16.29 |
| 7 | Operations Clerk | $33,319 | $16.02 |
| 8 | Staff Assistant | $32,835 | $15.79 |
| 9 | Student Internship | $32,795 | $15.77 |
| 10 | Data Entry Associate | $32,448 | $15.60 |
| 11 | Check Processing Clerk | $32,227 | $15.49 |
| 12 | Administrative Specialist | $32,027 | $15.40 |
Federal Reserve competitors’ average salaries
Average salaries at Federal Reserve competitors, like CIBC World Markets, Morgan Stanley, and Federal Reserve Bank of New York, vary. CIBC World Markets employees earn the highest salaries, with an average yearly salary of $106,863. The average salary at Morgan Stanley is $103,933 per year, and the average salary at Federal Reserve Bank of New York is $92,408 per year.
Highest paying Federal Reserve competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | CIBC World Markets | 4.8 | $106,863 |
| 2 | Morgan Stanley | 4.6 | $103,933 |
| 3 | Federal Reserve Bank of New York | 4.7 | $92,408 |
| 4 | OCC | 4.9 | $91,809 |
| 5 | Coleman Research | 4.0 | $87,497 |
| 6 | Office of the Comptroller of the Currency | 4.8 | $84,730 |
| 7 | U.S. Securities and Exchange Commission | 4.7 | $81,261 |
| 8 | IIF | 4.7 | $81,038 |
| 9 | Federal Deposit Insurance | 4.8 | $71,995 |
| 10 | Federal Reserve Bank of Boston | 4.2 | $71,017 |
| 11 | World Bank | 4.8 | $68,368 |
| 12 | International Monetary Fund | 4.6 | $67,391 |
| 13 | Federal Reserve Bank | 4.7 | $61,679 |
| 14 | Federal Reserve Bank Services | 4.1 | $60,964 |
| 15 | STL Federal Reserve Bank | 4.1 | $60,698 |
| 16 | Consumer Financial Protection Bureau | 4.5 | $59,723 |
| 17 | Federal Reserve Bank of Richmond | 4.8 | $57,591 |
| 18 | Federal Reserve Bank of Dallas | 4.9 | $52,831 |
| 19 | Internal Revenue Service | 4.5 | $44,887 |
| 20 | Federal Reserve Bank of San Francisco | 4.7 | $44,690 |
Recently added Federal Reserve salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Economist | Washington, DC | 03/14/2025 | $170,000 |
| Economist | Washington, DC | 03/14/2025 | $200,000 |
| Economist | Washington, DC | 03/14/2025 | $170,000 |
| Economist | Washington, DC | 03/14/2025 | $170,000 |
What employees say about salary at Federal Reserve
Many good people to work with and opportunity.
Slow to adapt new technology in most cases. Understandably a risk adverse organization.
A good work/life balance.
Great job
Slow process of pay and benefits
Life time of security
Great job
Slow process of pay and benefits
Life time of security
Good benefits.
No work balance in my area of work.
Free Gym and pop corn Friday.
Frequently asked questions about Federal Reserve salaries
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Zippia gives an in-depth look into the details of Federal Reserve, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Reserve. The data presented on this page does not represent the view of Federal Reserve and its employees or that of Zippia.
Federal Reserve may also be known as or be related to Board of Governors of The Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve, Federal Reserve Board and Federal Reserve System.