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Quantitative analyst salary
Average quantitative analyst salary
$101,197
Understanding Quantitative Analyst Salaries
The role of a Quantitative Analyst is vital in data-driven industries, primarily focused on analyzing complex data to inform business decisions. As of October 2025, the average salary stands at $101,197 per year. Salaries can vary considerably based on factors such as experience, location, and the industry in which one is employed.
For instance, analysts working in major financial hubs or specialized sectors often command higher salaries. States like New York and California typically offer the highest compensation due to the cost of living and demand for skilled professionals. Additionally, the highest paying industries for quantitative analysts include finance, technology, and consulting.
Job seekers can leverage platforms like Zippia to find roles that align with their aspirations and salary expectations. By exploring various job listings and salary estimates, professionals can make informed decisions about their career paths and identify opportunities for advancement.
Let Zippi find your next quantitative analyst job
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Where can a Quantitative Analyst earn more?
Quantitative analyst salary estimates from across the web
Average quantitative analyst salary by state
The highest-paying states for quantitative analysts are New York, California, and New Hampshire. The lowest average quantitative analyst salary states are Colorado, Arkansas, and Oklahoma.
- State view
- County view
Highest paying states for quantitative analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $116,410 | $55.97 |
| 2 | Connecticut | $105,497 | $50.72 |
| 3 | Delaware | $101,916 | $49.00 |
| 4 | California | $107,037 | $51.46 |
| 5 | New Jersey | $105,381 | $50.66 |
| 6 | Pennsylvania | $99,918 | $48.04 |
| 7 | Massachusetts | $99,830 | $48.00 |
| 8 | Rhode Island | $99,244 | $47.71 |
| 9 | New Hampshire | $106,079 | $51.00 |
| 10 | Maryland | $97,006 | $46.64 |
| 11 | Virginia | $93,634 | $45.02 |
| 12 | North Carolina | $89,803 | $43.17 |
| 13 | Nevada | $91,070 | $43.78 |
| 14 | District of Columbia | $95,912 | $46.11 |
| 15 | Michigan | $93,059 | $44.74 |
| 16 | Ohio | $87,984 | $42.30 |
| 17 | Vermont | $94,969 | $45.66 |
| 18 | Oregon | $89,965 | $43.25 |
| 19 | Arizona | $85,674 | $41.19 |
| 20 | Texas | $84,456 | $40.60 |
| 21 | West Virginia | $92,443 | $44.44 |
| 22 | Minnesota | $85,045 | $40.89 |
| 23 | South Carolina | $89,994 | $43.27 |
| 24 | New Mexico | $85,806 | $41.25 |
| 25 | Maine | $88,129 | $42.37 |
| 26 | Illinois | $80,699 | $38.80 |
| 27 | Washington | $85,333 | $41.03 |
| 28 | Alabama | $81,572 | $39.22 |
| 29 | Wisconsin | $84,337 | $40.55 |
| 30 | Indiana | $80,856 | $38.87 |
| 31 | Georgia | $80,720 | $38.81 |
| 32 | Florida | $80,314 | $38.61 |
| 33 | Missouri | $80,083 | $38.50 |
| 34 | Utah | $78,030 | $37.51 |
| 35 | Hawaii | $76,518 | $36.79 |
| 36 | Tennessee | $77,009 | $37.02 |
| 37 | Nebraska | $77,765 | $37.39 |
| 38 | Iowa | $78,793 | $37.88 |
| 39 | Alaska | $79,135 | $38.05 |
| 40 | Kentucky | $77,291 | $37.16 |
| 41 | Colorado | $71,332 | $34.29 |
| 42 | North Dakota | $72,736 | $34.97 |
| 43 | Wyoming | $74,531 | $35.83 |
| 44 | Idaho | $72,490 | $34.85 |
| 45 | Louisiana | $74,848 | $35.98 |
| 46 | Mississippi | $73,125 | $35.16 |
| 47 | Arkansas | $70,792 | $34.03 |
| 48 | South Dakota | $69,417 | $33.37 |
| 49 | Kansas | $68,572 | $32.97 |
| 50 | Montana | $68,711 | $33.03 |
| 51 | Oklahoma | $69,845 | $33.58 |
Highest paying cities for quantitative analysts
The highest-paying cities for quantitative analysts are New York, NY, San Francisco, CA, and Jersey City, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $116,491 | $56.01 |
| 2 | San Francisco, CA | $115,960 | $55.75 |
| 3 | Jersey City, NJ | $105,659 | $50.80 |
| 4 | Bridgeport, CT | $105,589 | $50.76 |
| 5 | Wilmington, DE | $102,161 | $49.12 |
| 6 | Boston, MA | $99,848 | $48.00 |
| 7 | Pittsburgh, PA | $97,774 | $47.01 |
| 8 | Baltimore, MD | $97,275 | $46.77 |
| 9 | Washington, DC | $95,923 | $46.12 |
| 10 | Arlington, VA | $94,937 | $45.64 |
| 11 | Cleveland, OH | $91,035 | $43.77 |
| 12 | Wilmington, NC | $90,460 | $43.49 |
| 13 | Seattle, WA | $86,755 | $41.71 |
| 14 | Austin, TX | $85,510 | $41.11 |
| 15 | Minneapolis, MN | $85,023 | $40.88 |
| 16 | Birmingham, AL | $81,322 | $39.10 |
| 17 | Chicago, IL | $81,319 | $39.10 |
| 18 | Atlanta, GA | $80,542 | $38.72 |
| 19 | Miami, FL | $80,177 | $38.55 |
| 20 | Salt Lake City, UT | $77,308 | $37.17 |
Quantitative analyst salary details
A quantitative analyst's salary ranges from $68,000 a year at the 10th percentile to $148,000 at the 90th percentile.
What is a quantitative analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $148,000 | $12,333 | $71 |
| 75th Percentile | $123,000 | $10,250 | $59 |
| Average | $101,197 | $8,433 | $49 |
| 25th Percentile | $82,000 | $6,833 | $39 |
| 10th Percentile | $68,000 | $5,667 | $33 |
Highest paying quantitative analyst jobs
The highest paying types of quantitative analysts are equity analyst, senior finance consultant, and senior finance analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Investment Banking Internship | $43,637 | $3,636 | $20.98 | 62,819 |
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Investment Banking Analyst | $60,598 | $5,050 | $29.13 | 52,791 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
| Treasury Analyst | $72,667 | $6,056 | $34.94 | 50,817 |
| Financial Analyst Internship | $38,827 | $3,236 | $18.67 | 104,448 |
How would you rate the starting salaries for quantitative analysts, as well as the prospects for salary advancement?
Dr. William Wood Ph.D.
Academic Unit Head, Economics; Director, Center for Economic Education, James Madison University
Top companies hiring quantitative analysts now:
Which companies pay quantitative analysts the most?
Quantitative analyst salaries at The Citadel and Oak Hill Advisors are the highest-paying according to our most recent salary estimates. In addition, the average quantitative analyst salary at companies like King Street Capital Management and Meta are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Citadel | $163,410 | $78.56 |
| 2 | Oak Hill Advisors | $144,799 | $69.61 |
| 3 | King Street Capital Management | $143,489 | $68.99 |
| 4 | Meta | $140,740 | $67.66 |
| 5 | Calamos Investments | $136,799 | $65.77 |
| 6 | Neuberger Berman | $134,950 | $64.88 |
| 7 | Lord Abbett | $134,482 | $64.65 |
| 8 | Jane Street | $134,468 | $64.65 |
| 9 | Putnam Investments | $134,247 | $64.54 |
| 10 | Pacific Gas and Electric | $131,345 | $63.15 |
| 11 | Syncora Holdings Ltd | $131,030 | $63.00 |
| 12 | Mesirow | $130,994 | $62.98 |
| 13 | Pine River Capital Management | $130,546 | $62.76 |
| 14 | PayPal | $129,738 | $62.37 |
| 15 | Turner Investments | $129,102 | $62.07 |
| 16 | $129,074 | $62.05 | |
| 17 | KBI Global Investors | $127,313 | $61.21 |
| 18 | Citicorp North America, Inc | $126,879 | $61.00 |
| 19 | Wachovia Securities | $126,464 | $60.80 |
| 20 | Houzz | $126,305 | $60.72 |
Wage gap by gender, race and education
Quantitative Analyst salary by industry
The average quantitative analyst salary varies across industries:
- The average quantitative analyst salary in the technology industry is $121,890, the highest of any industry.
- The average quantitative analyst salary in the finance industry is $106,210.
- Quantitative analysts in the manufacturing industry earn an average salary of $100,552, the lowest of any industry.
Highest paying industries for quantitative analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $121,890 | $58.60 |
| 2 | Energy | $106,210 | $51.06 |
| 3 | Finance | $105,904 | $50.92 |
| 4 | Manufacturing | $100,552 | $48.34 |
High paying quantitative analyst jobs
Quantitative analyst salary trends
The average quantitative analyst salary has risen by $15,541 over the last ten years. In 2014, the average quantitative analyst earned $85,656 annually, but today, they earn $101,197 a year. That works out to a 9% change in pay for quantitative analysts over the last decade.
Compare quantitative analyst salaries for cities or states with the national average over time.
Average quantitative analyst salary over time
Compare quantitative analyst salaries for individual cities or states with the national average.
Quantitative analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $101,000 | $48.65 | +2.6% |
| 2024 | $98,600 | $47.41 | +1.6% |
| 2023 | $97,000 | $46.63 | +1.6% |
| 2022 | $95,400 | $45.89 | +3.0% |
| 2021 | $92,600 | $44.51 | +1.8% |
Recently added quantitative analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Viking Global Investors | Risk and Quantitative Analyst | New York, NY | 06/29/2025 | $175,000 |
| Virtu Financial | Quantitative Client Analyst | New York, NY | 06/27/2025 | $150,000 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Juneau, AK | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Providence, RI | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Urban Honolulu, HI | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Washington, DC | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Saint Paul, MN | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Augusta, ME | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Helena, MT | 06/27/2025 | $63,600 |
| Public Consulting Group | Program Evaluation Quantitative Analyst | Richmond, VA | 06/27/2025 | $63,600 |
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