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Finance quantitative analyst salary
Average finance quantitative analyst salary
$80,288
Understanding the Salary Landscape for Finance Quantitative Analysts
As of October 2025, the average salary for a Finance Quantitative Analyst stands at $80,288 annually. This figure can fluctuate based on various factors including geographic location, experience level, and the specific industry in which one works.
State and City Salary Variations
In states like New York and California, salaries are generally higher, reflecting the demand for skilled professionals in urban financial hubs. For instance, cities such as San Francisco and New York City often offer some of the highest salaries for finance quantitative analysts, with opportunities for bonuses and other benefits.
Career Advancement Opportunities
With experience, finance quantitative analysts can expect their salaries to increase significantly. Many move into senior roles or specialized positions that command higher pay. Continuous education and gaining advanced certifications can also enhance earning potential.
Ultimately, understanding the factors that influence salary can help job seekers make informed decisions as they navigate their career paths in finance.
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Where can a Finance Quantitative Analyst earn more?
Average finance quantitative analyst salary by state
The highest-paying states for finance quantitative analysts are New York, New Jersey, and New Hampshire. The lowest average finance quantitative analyst salary states are Idaho, Kansas, and Colorado.
- State view
- County view
Highest paying states for finance quantitative analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $100,423 | $48.28 |
| 2 | New Jersey | $100,004 | $48.08 |
| 3 | Virginia | $91,097 | $43.80 |
| 4 | Connecticut | $93,777 | $45.09 |
| 5 | Delaware | $88,399 | $42.50 |
| 6 | Massachusetts | $91,901 | $44.18 |
| 7 | Rhode Island | $87,931 | $42.27 |
| 8 | New Hampshire | $94,472 | $45.42 |
| 9 | District of Columbia | $88,463 | $42.53 |
| 10 | North Carolina | $85,380 | $41.05 |
| 11 | Maryland | $86,586 | $41.63 |
| 12 | Michigan | $79,488 | $38.22 |
| 13 | Vermont | $84,864 | $40.80 |
| 14 | Oregon | $86,455 | $41.56 |
| 15 | Illinois | $76,628 | $36.84 |
| 16 | California | $78,272 | $37.63 |
| 17 | West Virginia | $78,416 | $37.70 |
| 18 | Pennsylvania | $76,017 | $36.55 |
| 19 | Maine | $78,614 | $37.80 |
| 20 | Utah | $69,257 | $33.30 |
| 21 | Indiana | $75,746 | $36.42 |
| 22 | Nevada | $74,893 | $36.01 |
| 23 | South Carolina | $77,029 | $37.03 |
| 24 | Ohio | $71,245 | $34.25 |
| 25 | Missouri | $71,659 | $34.45 |
| 26 | New Mexico | $75,502 | $36.30 |
| 27 | Alabama | $69,584 | $33.45 |
| 28 | Arizona | $68,987 | $33.17 |
| 29 | Minnesota | $68,742 | $33.05 |
| 30 | Wyoming | $65,407 | $31.45 |
| 31 | Tennessee | $67,580 | $32.49 |
| 32 | Texas | $67,122 | $32.27 |
| 33 | Wisconsin | $66,226 | $31.84 |
| 34 | Iowa | $69,391 | $33.36 |
| 35 | Nebraska | $68,311 | $32.84 |
| 36 | Hawaii | $66,407 | $31.93 |
| 37 | Georgia | $67,141 | $32.28 |
| 38 | Washington | $64,004 | $30.77 |
| 39 | Kentucky | $66,385 | $31.92 |
| 40 | Florida | $63,873 | $30.71 |
| 41 | North Dakota | $59,095 | $28.41 |
| 42 | Colorado | $59,928 | $28.81 |
| 43 | Alaska | $61,471 | $29.55 |
| 44 | Mississippi | $62,422 | $30.01 |
| 45 | Louisiana | $63,409 | $30.49 |
| 46 | Idaho | $61,022 | $29.34 |
| 47 | Arkansas | $61,791 | $29.71 |
| 48 | Oklahoma | $61,619 | $29.62 |
| 49 | South Dakota | $58,862 | $28.30 |
| 50 | Kansas | $60,627 | $29.15 |
| 51 | Montana | $56,661 | $27.24 |
Highest paying cities for finance quantitative analysts
The highest-paying cities for finance quantitative analysts are Fort Lee, NJ, New York, NY, and Norwalk, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Fort Lee, NJ | $100,594 | $48.36 |
| 2 | New York, NY | $100,480 | $48.31 |
| 3 | Norwalk, CT | $93,547 | $44.97 |
| 4 | Arlington, VA | $93,474 | $44.94 |
| 5 | Boston, MA | $91,955 | $44.21 |
| 6 | Washington, DC | $88,598 | $42.60 |
| 7 | Bowie, MD | $86,479 | $41.58 |
| 8 | Portland, OR | $85,485 | $41.10 |
| 9 | Charlotte, NC | $83,799 | $40.29 |
| 10 | San Francisco, CA | $82,024 | $39.43 |
| 11 | Troy, MI | $80,131 | $38.52 |
| 12 | Chicago, IL | $77,023 | $37.03 |
| 13 | Philadelphia, PA | $76,557 | $36.81 |
| 14 | Phoenix, AZ | $69,082 | $33.21 |
| 15 | Minneapolis, MN | $68,696 | $33.03 |
| 16 | Austin, TX | $67,631 | $32.51 |
| 17 | Atlanta, GA | $67,159 | $32.29 |
| 18 | Seattle, WA | $64,813 | $31.16 |
| 19 | Jacksonville, FL | $64,623 | $31.07 |
| 20 | Wichita, KS | $60,796 | $29.23 |
Finance quantitative analyst salary details
A finance quantitative analyst's salary ranges from $51,000 a year at the 10th percentile to $125,000 at the 90th percentile.
What is a finance quantitative analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $125,000 | $10,417 | $60 |
| 75th Percentile | $101,000 | $8,417 | $49 |
| Average | $80,288 | $6,691 | $39 |
| 25th Percentile | $63,000 | $5,250 | $30 |
| 10th Percentile | $51,000 | $4,250 | $25 |
Highest paying finance quantitative analyst jobs
The highest paying types of finance quantitative analysts are investment associate, equity analyst, and senior finance analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Summer Analyst | $66,837 | $5,570 | $32.13 | 44,912 |
| Reporting Analyst | $73,478 | $6,123 | $35.33 | 87,731 |
| Risk Analyst | $81,484 | $6,790 | $39.17 | 71,284 |
| Treasury Analyst | $72,667 | $6,056 | $34.94 | 50,817 |
| Pricing Analyst | $64,168 | $5,347 | $30.85 | 73,462 |
How would you rate the starting salaries for finance 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 finance quantitative analysts now:
Which companies pay finance quantitative analysts the most?
Finance quantitative analyst salaries at Google and Genentech are the highest-paying according to our most recent salary estimates. In addition, the average finance quantitative analyst salary at companies like Better and Apache are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | $128,364 | $61.71 | |
| 2 | Genentech | $118,419 | $56.93 |
| 3 | Better | $111,977 | $53.84 |
| 4 | Apache | $111,274 | $53.50 |
| 5 | Citi | $109,847 | $52.81 |
| 6 | Ruane | $108,587 | $52.21 |
| 7 | Bloomberg | $107,637 | $51.75 |
| 8 | Barclays | $107,579 | $51.72 |
| 9 | Morgan Stanley | $106,372 | $51.14 |
| 10 | Baird | $105,584 | $50.76 |
| 11 | Oppenheimer & Co | $104,415 | $50.20 |
| 12 | Two Sigma | $104,135 | $50.06 |
| 13 | State Street | $103,096 | $49.57 |
| 14 | Nomura Securities | $102,220 | $49.14 |
| 15 | Federal Reserve Bank | $102,132 | $49.10 |
| 16 | Jpm | $101,809 | $48.95 |
| 17 | General Electric | $100,487 | $48.31 |
| 18 | National Security | $100,087 | $48.12 |
| 19 | Athene Asset Management | $100,048 | $48.10 |
| 20 | Moody's | $97,561 | $46.90 |
Wage gap by gender, race and education
Finance quantitative analyst salary trends
The average finance quantitative analyst salary has risen by $12,330 over the last ten years. In 2014, the average finance quantitative analyst earned $67,958 annually, but today, they earn $80,288 a year. That works out to a 9% change in pay for finance quantitative analysts over the last decade.
Compare finance quantitative analyst salaries for cities or states with the national average over time.
Average finance quantitative analyst salary over time
Compare finance quantitative analyst salaries for individual cities or states with the national average.
Finance quantitative analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $80,300 | $38.60 | +2.6% |
| 2024 | $78,200 | $37.61 | +1.6% |
| 2023 | $76,900 | $37.00 | +1.6% |
| 2022 | $75,700 | $36.41 | +3.0% |
| 2021 | $73,400 | $35.31 | +1.8% |
Recently added finance quantitative analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Unite Here Health | Quantitative Financial Analyst | Aurora, IL | 06/28/2025 | $77,600 |
| Morgan Stanley | Bank Deposit Financial Modeling Quantitative Analyst | New York, NY | 06/09/2025 | $110,000 |
| Bank of America | Quantitative Finance Analyst | Charlotte, NC | 05/21/2025 | $88,800 |
| Bank of America | Quantitative Finance Analyst | Jersey City, NJ | 05/21/2025 | $88,800 |
| Unite Here Health | Quantitative Financial Analyst | Aurora, IL | 04/28/2025 | $77,600 |
| Bank of America | Quantitative Finance Analyst | Jersey City, NJ | 04/18/2025 | $88,800 |
| Bank of America | Quantitative Finance Analyst, Model Risk Validation (Financial Crimes, Anti-Money Laundering and ECO | Charlotte, NC | 04/03/2025 | $88,800 |
| State Street | Global Credit Finance Quantitative Analyst, AVP | Boston, MA | 03/30/2025 | $90,000 |
| Unite Here Health | Quantitative Financial Analyst | Aurora, IL | 03/29/2025 | $72,600 |
| The New York Times Company | Quantitative Financial Analyst | New York, NY | 03/27/2025 | $100,547 |
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