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Best states for a quantitative analyst
Quoted expert
Dr. Reid Cummings
- Rank 1 - 10
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- 41 - 51
Are you wondering which place in the United States is the best state for quantitative analysts? Knowing how challenging it is to figure out where to start your career or where to move to advance your career, we decided to bring you a list of best states for quantitative analyst jobs.Our research shows that New York is the best state in the country for 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 quantitative analysts. New York is the best state for quantitative analysts, where the median salary is $116,410.We found that the Midwest is best for quantitative analysts, and the Northeast is the worst. New York, NY is the best city in the country for quantitative analyst jobs, where as New York is the best state in the country.
10 best states for quantitative analysts in 2025
1. New York
Total quantitative analyst jobs: 1,305 Average annual salary: $116,410 Lowest 10 percent earn: $80,000 Highest 10 percent earn: $167,000 Location Quotient: 1.832. Connecticut
Total quantitative analyst jobs: 174 Average annual salary: $105,497 Lowest 10 percent earn: $73,000 Highest 10 percent earn: $151,000 Location Quotient: 0.943. Delaware
Total quantitative analyst jobs: 71 Average annual salary: $101,916 Lowest 10 percent earn: $70,000 Highest 10 percent earn: $146,000 Location Quotient: 1.024. California
Total quantitative analyst jobs: 1,907 Average annual salary: $107,037 Lowest 10 percent earn: $71,000 Highest 10 percent earn: $161,000 Location Quotient: 1.175. New Jersey
Total quantitative analyst jobs: 412 Average annual salary: $105,381 Lowest 10 percent earn: $73,000 Highest 10 percent earn: $151,000 Location Quotient: 0.936. Pennsylvania
Total quantitative analyst jobs: 562 Average annual salary: $99,918 Lowest 10 percent earn: $69,000 Highest 10 percent earn: $143,000 Location Quotient: 0.877. Massachusetts
Total quantitative analyst jobs: 590 Average annual salary: $99,830 Lowest 10 percent earn: $69,000 Highest 10 percent earn: $143,000 Location Quotient: 1.158. Rhode Island
Total quantitative analyst jobs: 49 Average annual salary: $99,244 Lowest 10 percent earn: $69,000 Highest 10 percent earn: $142,000 Location Quotient: 0.729. New Hampshire
Total quantitative analyst jobs: 48 Average annual salary: $106,079 Lowest 10 percent earn: $74,000 Highest 10 percent earn: $151,000 Location Quotient: 0.4910. Maryland
Total quantitative analyst jobs: 578 Average annual salary: $97,006 Lowest 10 percent earn: $67,000 Highest 10 percent earn: $139,000 Location Quotient: 1.63
Quantitative analyst jobsNear Columbus, OH
How Zippia determines the best states to be a quantitative analyst
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a quantitative analyst
| Rank | State | Average salary | Lowest 10% earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | New York | $116,410 | $80,000 | 19,849,399 | 1,305 |
| 2 | Connecticut | $105,497 | $73,000 | 3,588,184 | 174 |
| 3 | Delaware | $101,916 | $70,000 | 961,939 | 71 |
| 4 | California | $107,037 | $71,000 | 39,536,653 | 1,907 |
| 5 | New Jersey | $105,381 | $73,000 | 9,005,644 | 412 |
| 6 | Pennsylvania | $99,918 | $69,000 | 12,805,537 | 562 |
| 7 | Massachusetts | $99,830 | $69,000 | 6,859,819 | 590 |
| 8 | Rhode Island | $99,244 | $69,000 | 1,059,639 | 49 |
| 9 | New Hampshire | $106,079 | $74,000 | 1,342,795 | 48 |
| 10 | Maryland | $97,006 | $67,000 | 6,052,177 | 578 |
| 11 | Virginia | $93,634 | $65,000 | 8,470,020 | 932 |
| 12 | North Carolina | $89,803 | $63,000 | 10,273,419 | 487 |
| 13 | Nevada | $91,070 | $60,000 | 2,998,039 | 97 |
| 14 | District of Columbia | $95,912 | $66,000 | 693,972 | 304 |
| 15 | Michigan | $93,059 | $63,000 | 9,962,311 | 307 |
| 16 | Ohio | $87,984 | $60,000 | 11,658,609 | 465 |
| 17 | Vermont | $94,969 | $66,000 | 623,657 | 29 |
| 18 | Oregon | $89,965 | $58,000 | 4,142,776 | 217 |
| 19 | Arizona | $85,674 | $58,000 | 7,016,270 | 371 |
| 20 | Texas | $84,456 | $58,000 | 28,304,596 | 1,248 |
| 21 | West Virginia | $92,443 | $63,000 | 1,815,857 | 32 |
| 22 | Minnesota | $85,045 | $58,000 | 5,576,606 | 350 |
| 23 | South Carolina | $89,994 | $63,000 | 5,024,369 | 123 |
| 24 | New Mexico | $85,806 | $58,000 | 2,088,070 | 70 |
| 25 | Maine | $88,129 | $61,000 | 1,335,907 | 36 |
| 26 | Illinois | $80,699 | $55,000 | 12,802,023 | 825 |
| 27 | Washington | $85,333 | $55,000 | 7,405,743 | 351 |
| 28 | Alabama | $81,572 | $57,000 | 4,874,747 | 188 |
| 29 | Wisconsin | $84,337 | $57,000 | 5,795,483 | 196 |
| 30 | Indiana | $80,856 | $55,000 | 6,666,818 | 285 |
| 31 | Georgia | $80,720 | $57,000 | 10,429,379 | 536 |
| 32 | Florida | $80,314 | $57,000 | 20,984,400 | 783 |
| 33 | Missouri | $80,083 | $55,000 | 6,113,532 | 260 |
| 34 | Utah | $78,030 | $51,000 | 3,101,833 | 154 |
| 35 | Hawaii | $76,518 | $57,000 | 1,427,538 | 60 |
| 36 | Tennessee | $77,009 | $54,000 | 6,715,984 | 218 |
| 37 | Nebraska | $77,765 | $53,000 | 1,920,076 | 90 |
| 38 | Iowa | $78,793 | $54,000 | 3,145,711 | 115 |
| 39 | Alaska | $79,135 | $52,000 | 739,795 | 37 |
| 40 | Kentucky | $77,291 | $54,000 | 4,454,189 | 105 |
| 41 | Colorado | $71,332 | $48,000 | 5,607,154 | 374 |
| 42 | North Dakota | $72,736 | $49,000 | 755,393 | 40 |
| 43 | Wyoming | $74,531 | $50,000 | 579,315 | 18 |
| 44 | Idaho | $72,490 | $47,000 | 1,716,943 | 59 |
| 45 | Louisiana | $74,848 | $52,000 | 4,684,333 | 87 |
| 46 | Mississippi | $73,125 | $51,000 | 2,984,100 | 44 |
| 47 | Arkansas | $70,792 | $49,000 | 3,004,279 | 80 |
| 48 | South Dakota | $69,417 | $47,000 | 869,666 | 34 |
| 49 | Kansas | $68,572 | $47,000 | 2,913,123 | 111 |
| 50 | Montana | $68,711 | $45,000 | 1,050,493 | 39 |
| 51 | Oklahoma | $69,845 | $48,000 | 3,930,864 | 70 |
Highest paying states for quantitative analysts
| Rank | State | Avg. Quantitative Analyst Salary |
|---|---|---|
| 1 | New York | $116,410 |
| 2 | Connecticut | $105,497 |
| 3 | Delaware | $101,916 |
| 4 | California | $107,037 |
| 5 | New Jersey | $105,381 |
| 6 | Pennsylvania | $99,918 |
| 7 | Massachusetts | $99,830 |
| 8 | Rhode Island | $99,244 |
| 9 | New Hampshire | $106,079 |
| 10 | Maryland | $97,006 |
| 11 | Virginia | $93,634 |
| 12 | North Carolina | $89,803 |
| 13 | Nevada | $91,070 |
| 14 | District of Columbia | $95,912 |
| 15 | Michigan | $93,059 |
| 16 | Ohio | $87,984 |
| 17 | Vermont | $94,969 |
| 18 | Oregon | $89,965 |
| 19 | Arizona | $85,674 |
| 20 | Texas | $84,456 |
| 21 | West Virginia | $92,443 |
| 22 | Minnesota | $85,045 |
| 23 | South Carolina | $89,994 |
| 24 | New Mexico | $85,806 |
| 25 | Maine | $88,129 |
| 26 | Illinois | $80,699 |
| 27 | Washington | $85,333 |
| 28 | Alabama | $81,572 |
| 29 | Wisconsin | $84,337 |
| 30 | Indiana | $80,856 |
| 31 | Georgia | $80,720 |
| 32 | Florida | $80,314 |
| 33 | Missouri | $80,083 |
| 34 | Utah | $78,030 |
| 35 | Hawaii | $76,518 |
| 36 | Tennessee | $77,009 |
| 37 | Nebraska | $77,765 |
| 38 | Iowa | $78,793 |
| 39 | Alaska | $79,135 |
| 40 | Kentucky | $77,291 |
| 41 | Colorado | $71,332 |
| 42 | North Dakota | $72,736 |
| 43 | Wyoming | $74,531 |
| 44 | Idaho | $72,490 |
| 45 | Louisiana | $74,848 |
| 46 | Mississippi | $73,125 |
| 47 | Arkansas | $70,792 |
| 48 | South Dakota | $69,417 |
| 49 | Kansas | $68,572 |
| 50 | Montana | $68,711 |
| 51 | Oklahoma | $69,845 |
Expert opinions on the best states for quantitative analysts
Are there any particularly good places in the United States for 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.
Quantitative analyst best states FAQs
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Updated January 8, 2025