Best cities for a hedge fund manager
The best cities for hedge fund managers are Boston, MA, Pittsburgh, PA, and Detroit, MI, based on factors like average salary and job availability per capita. Jobs and pay for hedge fund managers vary across the country, but we've determined the ten best cities for hedge fund managers in the U.S.
Whether you're starting your career as a hedge fund manager or considering a move, this list of the best cities for hedge fund managers to live in will help you decide. These aren't just the best-paying cities for hedge fund managers. We also consider how easy it is to find work as a hedge fund manager. While the absolute best city for hedge fund managers is Boston, MA, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for hedge fund managers in 2024.
If you're looking for a hedge fund manager job, here are five companies hiring now:
10 best cities for hedge fund managers in 2026
1. Boston, MA
Total hedge fund manager jobs: 4 Average annual salary: $164,383 Lowest 10 percent warn: $86,000 Highest 10 percent earn: $312,000 Location quotient: 12.77 2. Pittsburgh, PA
Total hedge fund manager jobs: 0 Average annual salary: $140,793 Lowest 10 percent warn: $76,000 Highest 10 percent earn: $259,000 Location quotient: 0.00 3. Detroit, MI
Total hedge fund manager jobs: 0 Average annual salary: $155,190 Lowest 10 percent warn: $82,000 Highest 10 percent earn: $291,000 Location quotient: 0.00 4. Buffalo, NY
Total hedge fund manager jobs: 0 Average annual salary: $164,682 Lowest 10 percent warn: $88,000 Highest 10 percent earn: $307,000 Location quotient: 0.00 5. Philadelphia, PA
Total hedge fund manager jobs: 0 Average annual salary: $143,480 Lowest 10 percent warn: $78,000 Highest 10 percent earn: $261,000 Location quotient: 0.00 6. Milwaukee, WI
Total hedge fund manager jobs: 0 Average annual salary: $137,501 Lowest 10 percent warn: $71,000 Highest 10 percent earn: $266,000 Location quotient: 0.00 7. Reno, NV
Total hedge fund manager jobs: 0 Average annual salary: $144,904 Lowest 10 percent warn: $79,000 Highest 10 percent earn: $264,000 Location quotient: 0.00 8. Las Vegas, NV
Total hedge fund manager jobs: 0 Average annual salary: $140,204 Lowest 10 percent warn: $76,000 Highest 10 percent earn: $257,000 Location quotient: 0.00 9. Fort Wayne, IN
Total hedge fund manager jobs: 0 Average annual salary: $134,068 Lowest 10 percent warn: $69,000 Highest 10 percent earn: $257,000 Location quotient: 0.00 10. New York, NY
Total hedge fund manager jobs: 27 Average annual salary: $162,520 Lowest 10 percent warn: $88,000 Highest 10 percent earn: $297,000 Location quotient: 18.83
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Best cities for hedge fund managers
- Boston, MA
- Pittsburgh, PA
- Detroit, MI
- Buffalo, NY
- Philadelphia, PA
- Milwaukee, WI
- Reno, NV
- Las Vegas, NV
- Fort Wayne, IN
- New York, NY
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- (27 hedge fund manager jobs)
Detailed list of the best cities for a hedge fund manager
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Boston, MA | $164,383 | $86,000 | 673,184 | 4 |
| 2 | Pittsburgh, PA | $140,793 | $76,000 | 303,625 | - |
| 3 | Detroit, MI | $155,190 | $82,000 | 672,795 | - |
| 4 | Buffalo, NY | $164,682 | $88,000 | 256,902 | - |
| 5 | Philadelphia, PA | $143,480 | $78,000 | 1,567,872 | - |
| 6 | Milwaukee, WI | $137,501 | $71,000 | 595,047 | - |
| 7 | Reno, NV | $144,904 | $79,000 | 245,255 | - |
| 8 | Las Vegas, NV | $140,204 | $76,000 | 632,912 | - |
| 9 | Fort Wayne, IN | $134,068 | $69,000 | 264,488 | - |
| 10 | New York, NY | $162,520 | $88,000 | 8,537,673 | 27 |
| 11 | North Las Vegas, NV | $140,192 | $76,000 | 238,702 | - |
| 12 | Brookhaven, NY | $162,953 | $88,000 | 486,040 | - |
| 13 | Henderson, NV | $139,886 | $76,000 | 292,969 | - |
| 14 | Islip, NY | $162,780 | $88,000 | 335,543 | - |
| 15 | Oyster Bay, NY | $162,768 | $88,000 | 293,214 | - |
| 16 | Chicago, IL | $148,002 | $76,000 | 2,704,958 | 8 |
| 17 | Madison, WI | $134,511 | $68,000 | 252,551 | - |
| 18 | Hempstead, NY | $162,602 | $88,000 | 759,757 | - |
| 19 | Nashville, TN | $126,290 | $65,000 | 660,388 | - |
| 20 | Indianapolis, IN | $127,505 | $66,000 | 855,164 | - |
| 21 | Cleveland, OH | $122,295 | $65,000 | 385,809 | - |
| 22 | Saint Paul, MN | $140,380 | $71,000 | 302,398 | - |
| 23 | Minneapolis, MN | $140,288 | $70,000 | 413,651 | - |
| 24 | Greensboro, NC | $127,743 | $68,000 | 287,027 | - |
| 25 | Albuquerque, NM | $131,625 | $70,000 | 559,277 | - |
| 26 | Memphis, TN | $122,857 | $64,000 | 652,717 | - |
| 27 | Durham, NC | $129,158 | $69,000 | 263,016 | - |
| 28 | Lubbock, TX | $128,303 | $68,000 | 252,506 | - |
| 29 | Raleigh, NC | $128,970 | $69,000 | 458,880 | - |
| 30 | Fort Worth, TX | $127,170 | $68,000 | 854,113 | - |
| 31 | Arlington, TX | $127,137 | $68,000 | 392,772 | - |
| 32 | Winston-Salem, NC | $126,932 | $67,000 | 242,203 | - |
| 33 | Dallas, TX | $127,027 | $68,000 | 1,317,929 | - |
| 34 | Irving, TX | $127,017 | $68,000 | 238,289 | - |
| 35 | Toledo, OH | $120,565 | $63,000 | 278,508 | - |
| 36 | Jacksonville, FL | $135,613 | $72,000 | 880,619 | - |
| 37 | El Paso, TX | $127,817 | $69,000 | 683,080 | - |
| 38 | Garland, TX | $126,879 | $68,000 | 234,943 | - |
| 39 | Austin, TX | $125,880 | $68,000 | 947,890 | - |
| 40 | Plano, TX | $126,796 | $67,000 | 286,057 | - |
| 41 | Houston, TX | $125,374 | $68,000 | 2,303,482 | - |
| 42 | Charlotte, NC | $123,142 | $65,000 | 842,051 | 2 |
| 43 | Oklahoma City, OK | $122,723 | $64,000 | 638,367 | - |
| 44 | Orlando, FL | $132,017 | $71,000 | 277,173 | - |
| 45 | San Antonio, TX | $124,953 | $67,000 | 1,492,510 | - |
| 46 | Tulsa, OK | $121,633 | $63,000 | 403,090 | - |
| 47 | Columbus, OH | $116,217 | $61,000 | 860,090 | - |
| 48 | Tampa, FL | $131,047 | $70,000 | 377,165 | - |
| 49 | Atlanta, GA | $126,212 | $66,000 | 472,522 | - |
| 50 | Saint Petersburg, FL | $130,662 | $70,000 | 260,999 | - |
Highest paying cities for hedge fund managers
| Rank | City | Avg. hedge fund manager salary |
|---|---|---|
| 1 | Rochester, NY | $165,493 |
| 2 | Boston, MA | $164,383 |
| 3 | Windsor, CT | $163,202 |
| 4 | Wilmington, DE | $159,151 |
| 5 | Chicago, IL | $148,002 |
| 6 | Philadelphia, PA | $143,480 |
| 7 | Clifton, NJ | $136,813 |
| 8 | Jacksonville, FL | $135,613 |
| 9 | Bellevue, WA | $127,357 |
| 10 | Dallas, TX | $127,027 |
| 11 | Atlanta, GA | $126,212 |
| 12 | Scottsdale, AZ | $121,252 |
| 13 | Evansville, IN | $119,828 |
| 14 | Columbus, OH | $116,217 |
| 15 | Sacramento, CA | $112,473 |
| 16 | Saint Louis, MO | $102,012 |
| 17 | Denver, CO | $95,820 |
Hedge fund manager best cities FAQs
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Updated January 8, 2025