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Best states for a finance quantitative analyst
Quoted expert
Dr. Reid Cummings
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Are you thinking of becoming a finance quantitative analyst and really want to work at Ernst & Young? Turns out, your chances to become a finance quantitative analyst are better in some states than others.Our research found that New York is the best state for finance quantitative analysts, while New York and New Jersey are ranked highest in terms of median salary. New York has a median salary of $100,423 and New York has the highest median salary among all 50 states for finance quantitative analysts.
To that end, we dove into our dataset of job and salary numbers to figure out which states have the best opportunities for finance quantitative analysts. New York is the best state for finance quantitative analysts, where the median salary is $100,423.We found that the West is best for finance quantitative analysts, and the Northeast is the worst. Fort Lee, NJ is the best city in the country for finance quantitative analyst jobs, where as New York is the best state in the country.
10 best states for finance quantitative analysts in 2026
1. New York
Total finance quantitative analyst jobs: 3,282 Average annual salary: $100,423 Lowest 10 percent earn: $67,000 Highest 10 percent earn: $148,000 Location Quotient: 1.68
2. New Jersey
Total finance quantitative analyst jobs: 1,275 Average annual salary: $100,004 Lowest 10 percent earn: $67,000 Highest 10 percent earn: $147,000 Location Quotient: 1.05
3. Virginia
Total finance quantitative analyst jobs: 1,865 Average annual salary: $91,097 Lowest 10 percent earn: $60,000 Highest 10 percent earn: $137,000 Location Quotient: 1.3
4. Connecticut
Total finance quantitative analyst jobs: 587 Average annual salary: $93,777 Lowest 10 percent earn: $63,000 Highest 10 percent earn: $138,000 Location Quotient: 1.16
5. Delaware
Total finance quantitative analyst jobs: 242 Average annual salary: $88,399 Lowest 10 percent earn: $59,000 Highest 10 percent earn: $131,000 Location Quotient: 1.26
6. Massachusetts
Total finance quantitative analyst jobs: 1,589 Average annual salary: $91,901 Lowest 10 percent earn: $62,000 Highest 10 percent earn: $135,000 Location Quotient: 1.13
7. Rhode Island
Total finance quantitative analyst jobs: 188 Average annual salary: $87,931 Lowest 10 percent earn: $59,000 Highest 10 percent earn: $129,000 Location Quotient: 1.01
8. New Hampshire
Total finance quantitative analyst jobs: 207 Average annual salary: $94,472 Lowest 10 percent earn: $64,000 Highest 10 percent earn: $138,000 Location Quotient: 0.77
9. District of Columbia
Total finance quantitative analyst jobs: 423 Average annual salary: $88,463 Lowest 10 percent earn: $59,000 Highest 10 percent earn: $132,000 Location Quotient: 1.65
10. North Carolina
Total finance quantitative analyst jobs: 1,408 Average annual salary: $85,380 Lowest 10 percent earn: $56,000 Highest 10 percent earn: $130,000 Location Quotient: 0.96
Finance quantitative analyst jobsNear Columbus, OH
How Zippia determines the best states to be a finance quantitative analyst
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a finance quantitative analyst
| Rank | State | Average salary | Lowest 10% earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | New York | $100,423 | $67,000 | 19,849,399 | 3,282 |
| 2 | New Jersey | $100,004 | $67,000 | 9,005,644 | 1,275 |
| 3 | Virginia | $91,097 | $60,000 | 8,470,020 | 1,865 |
| 4 | Connecticut | $93,777 | $63,000 | 3,588,184 | 587 |
| 5 | Delaware | $88,399 | $59,000 | 961,939 | 242 |
| 6 | Massachusetts | $91,901 | $62,000 | 6,859,819 | 1,589 |
| 7 | Rhode Island | $87,931 | $59,000 | 1,059,639 | 188 |
| 8 | New Hampshire | $94,472 | $64,000 | 1,342,795 | 207 |
| 9 | District of Columbia | $88,463 | $59,000 | 693,972 | 423 |
| 10 | North Carolina | $85,380 | $56,000 | 10,273,419 | 1,408 |
| 11 | Maryland | $86,586 | $57,000 | 6,052,177 | 1,206 |
| 12 | Michigan | $79,488 | $51,000 | 9,962,311 | 1,075 |
| 13 | Vermont | $84,864 | $57,000 | 623,657 | 105 |
| 14 | Oregon | $86,455 | $54,000 | 4,142,776 | 552 |
| 15 | Illinois | $76,628 | $49,000 | 12,802,023 | 2,136 |
| 16 | California | $78,272 | $51,000 | 39,536,653 | 5,017 |
| 17 | West Virginia | $78,416 | $51,000 | 1,815,857 | 129 |
| 18 | Pennsylvania | $76,017 | $50,000 | 12,805,537 | 1,524 |
| 19 | Maine | $78,614 | $53,000 | 1,335,907 | 149 |
| 20 | Utah | $69,257 | $44,000 | 3,101,833 | 611 |
| 21 | Indiana | $75,746 | $49,000 | 6,666,818 | 731 |
| 22 | Nevada | $74,893 | $48,000 | 2,998,039 | 279 |
| 23 | South Carolina | $77,029 | $50,000 | 5,024,369 | 416 |
| 24 | Ohio | $71,245 | $46,000 | 11,658,609 | 1,278 |
| 25 | Missouri | $71,659 | $47,000 | 6,113,532 | 792 |
| 26 | New Mexico | $75,502 | $48,000 | 2,088,070 | 196 |
| 27 | Alabama | $69,584 | $45,000 | 4,874,747 | 587 |
| 28 | Arizona | $68,987 | $45,000 | 7,016,270 | 866 |
| 29 | Minnesota | $68,742 | $44,000 | 5,576,606 | 1,075 |
| 30 | Wyoming | $65,407 | $42,000 | 579,315 | 113 |
| 31 | Tennessee | $67,580 | $44,000 | 6,715,984 | 775 |
| 32 | Texas | $67,122 | $43,000 | 28,304,596 | 3,177 |
| 33 | Wisconsin | $66,226 | $42,000 | 5,795,483 | 889 |
| 34 | Iowa | $69,391 | $45,000 | 3,145,711 | 364 |
| 35 | Nebraska | $68,311 | $45,000 | 1,920,076 | 274 |
| 36 | Hawaii | $66,407 | $49,000 | 1,427,538 | 159 |
| 37 | Georgia | $67,141 | $43,000 | 10,429,379 | 1,429 |
| 38 | Washington | $64,004 | $40,000 | 7,405,743 | 1,231 |
| 39 | Kentucky | $66,385 | $43,000 | 4,454,189 | 338 |
| 40 | Florida | $63,873 | $41,000 | 20,984,400 | 2,392 |
| 41 | North Dakota | $59,095 | $38,000 | 755,393 | 173 |
| 42 | Colorado | $59,928 | $39,000 | 5,607,154 | 964 |
| 43 | Alaska | $61,471 | $38,000 | 739,795 | 116 |
| 44 | Mississippi | $62,422 | $40,000 | 2,984,100 | 244 |
| 45 | Louisiana | $63,409 | $40,000 | 4,684,333 | 319 |
| 46 | Idaho | $61,022 | $39,000 | 1,716,943 | 208 |
| 47 | Arkansas | $61,791 | $40,000 | 3,004,279 | 149 |
| 48 | Oklahoma | $61,619 | $40,000 | 3,930,864 | 122 |
| 49 | South Dakota | $58,862 | $38,000 | 869,666 | 130 |
| 50 | Kansas | $60,627 | $39,000 | 2,913,123 | 186 |
| 51 | Montana | $56,661 | $36,000 | 1,050,493 | 78 |
Highest paying states for finance quantitative analysts
| Rank | State | Avg. Finance Quantitative Analyst Salary |
|---|---|---|
| 1 | New York | $100,423 |
| 2 | New Jersey | $100,004 |
| 3 | Virginia | $91,097 |
| 4 | Connecticut | $93,777 |
| 5 | Delaware | $88,399 |
| 6 | Massachusetts | $91,901 |
| 7 | Rhode Island | $87,931 |
| 8 | New Hampshire | $94,472 |
| 9 | District of Columbia | $88,463 |
| 10 | North Carolina | $85,380 |
| 11 | Maryland | $86,586 |
| 12 | Michigan | $79,488 |
| 13 | Vermont | $84,864 |
| 14 | Oregon | $86,455 |
| 15 | Illinois | $76,628 |
| 16 | California | $78,272 |
| 17 | West Virginia | $78,416 |
| 18 | Pennsylvania | $76,017 |
| 19 | Maine | $78,614 |
| 20 | Utah | $69,257 |
| 21 | Indiana | $75,746 |
| 22 | Nevada | $74,893 |
| 23 | South Carolina | $77,029 |
| 24 | Ohio | $71,245 |
| 25 | Missouri | $71,659 |
| 26 | New Mexico | $75,502 |
| 27 | Alabama | $69,584 |
| 28 | Arizona | $68,987 |
| 29 | Minnesota | $68,742 |
| 30 | Wyoming | $65,407 |
| 31 | Tennessee | $67,580 |
| 32 | Texas | $67,122 |
| 33 | Wisconsin | $66,226 |
| 34 | Iowa | $69,391 |
| 35 | Nebraska | $68,311 |
| 36 | Hawaii | $66,407 |
| 37 | Georgia | $67,141 |
| 38 | Washington | $64,004 |
| 39 | Kentucky | $66,385 |
| 40 | Florida | $63,873 |
| 41 | North Dakota | $59,095 |
| 42 | Colorado | $59,928 |
| 43 | Alaska | $61,471 |
| 44 | Mississippi | $62,422 |
| 45 | Louisiana | $63,409 |
| 46 | Idaho | $61,022 |
| 47 | Arkansas | $61,791 |
| 48 | Oklahoma | $61,619 |
| 49 | South Dakota | $58,862 |
| 50 | Kansas | $60,627 |
| 51 | Montana | $56,661 |
Expert opinions on the best states for finance quantitative analysts
Are there any particularly good places in the United States for finance quantitative analysts to find work opportunities?
Dr. Reid Cummings
Associate Professor of Finance & Real Estate, University of South Alabama
The South and Southwest will continue to attract companies looking to follow workers out of states with high state and local taxes and increasingly restrictive regulatory environments.
Finance quantitative analyst best states FAQs
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Updated January 8, 2025