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T. Rowe Price salaries
T. Rowe Price salary estimate
$66,691yearly
T. Rowe Price Salary Overview
The average salary at T. Rowe Price is approximately $66,691 per year. This figure reflects a commitment to competitive compensation, with salaries varying based on role, experience, and location. For instance, finance roles tend to command higher salaries, especially in major markets such as New York or San Francisco.
Highest Paying Jobs
Some of the top positions include investment analysts and portfolio managers, often earning significantly more than the average. Additionally, T. Rowe Price offers various benefits that enhance overall compensation, including retirement plans and performance bonuses.
Regional Salary Differences
Salaries also fluctuate by state, with some locations offering better pay due to cost of living considerations. Understanding these dynamics is crucial for potential employees looking to maximize their earning potential. Overall, T. Rowe Price stands out as an employer that values its workforce through competitive pay and a supportive work environment.
Highest paying jobs at T. Rowe Price
The highest paying jobs at T. Rowe Price are senior software engineer, investment analyst, investment advisor, and database administrator. Senior software engineer jobs at T. Rowe Price earn an average yearly salary of $110,145, T. Rowe Price investment analyst jobs average $108,945, and T. Rowe Price investment advisor jobs average $108,553.
The lowest paying T. Rowe Price roles include marketing internship and service associate. T. Rowe Price marketing internship average salary is $33,949 per year. So while the average T. Rowe Price salary is $66,691 there is a big variation in pay depending on the role.
Highest paying jobs at T. Rowe Price
| Rank | Job title | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Software Engineer | $110,145 | $52.95 |
| 2 | Investment Analyst | $108,945 | $52.38 |
| 3 | Investment Advisor | $108,553 | $52.19 |
| 4 | Database Administrator | $105,700 | $50.82 |
| 5 | Software Development Engineer | $102,714 | $49.38 |
| 6 | Java Developer | $100,678 | $48.40 |
| 7 | Systems Administrator | $98,832 | $47.52 |
| 8 | Systems Consultant | $97,228 | $46.74 |
| 9 | Senior Associate | $96,927 | $46.60 |
| 10 | Project Manager | $96,592 | $46.44 |
| 11 | Business Analyst | $92,148 | $44.30 |
| 12 | SQL Server Developer | $91,553 | $44.02 |
| 13 | Solutions Consultant | $85,953 | $41.32 |
| 14 | Supervisor | $84,460 | $40.61 |
| 15 | Retail Account Manager | $79,810 | $38.37 |
| 16 | Portfolio Accountant | $76,075 | $36.57 |
| 17 | Retirement Plan Specialist | $63,292 | $30.43 |
| 18 | Fund Accountant | $61,746 | $29.69 |
| 19 | Executive Assistant | $61,053 | $29.35 |
| 20 | Account Executive | $55,067 | $26.47 |
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Average T. Rowe Price salary by state
T. Rowe Price pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | California | $78,907 | $37.94 |
| 2 | New York | $76,824 | $36.93 |
| 3 | District of Columbia | $73,703 | $35.43 |
| 4 | Maryland | $67,316 | $32.36 |
| 5 | Pennsylvania | $65,208 | $31.35 |
| 6 | Colorado | $65,006 | $31.25 |
How much does T. Rowe Price pay by location?
Highest paying T. Rowe Price locations
| Rank | Location | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $80,718 | $38.81 |
| 2 | New York, NY | $76,860 | $36.95 |
| 3 | Owings Mills, MD | $67,294 | $32.35 |
| 4 | Colorado Springs, CO | $65,314 | $31.40 |
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T. Rowe Price salaries by department
Salaries at T. Rowe Price vary depending on the department you work in. T. Rowe Price salaries in the engineering department are the highest with an average salary of $103,401. Employees in the it department at T. Rowe Price receive relatively high salaries as well, with an average salary of $88,069 per year. Departments that don't pay as well at T. Rowe Price include the customer service and the retail organizational functions, with employees earning average salaries of $39,641 and $41,506, respectively.
Average T. Rowe Price salary by department
| Rank | Department | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $103,401 | $49.71 |
| 2 | IT | $88,069 | $42.34 |
| 3 | Marketing | $84,377 | $40.57 |
| 4 | Finance | $76,380 | $36.72 |
| 5 | Plant/Manufacturing | $70,909 | $34.09 |
| 6 | Accounting | $70,175 | $33.74 |
| 7 | Sales | $55,389 | $26.63 |
| 8 | Supply Chain | $46,849 | $22.52 |
| 9 | Administrative | $46,365 | $22.29 |
| 10 | Retail | $41,507 | $19.96 |
| 11 | Customer Service | $39,641 | $19.06 |
How much does T. Rowe Price pay by department?
Best paying T. Rowe Price finance salaries
| Rank | Position | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President, Fixed Income | $135,388 | $65.09 |
| 2 | Quantitative Analyst | $113,117 | $54.38 |
| 3 | Investment Analyst | $108,945 | $52.38 |
| 4 | Investment Advisor | $108,553 | $52.19 |
| 5 | Trading Assistant | $99,649 | $47.91 |
| 6 | Management Accounts Manager | $98,249 | $47.24 |
| 7 | Systems Consultant | $97,228 | $46.74 |
| 8 | Solutions Consultant | $85,953 | $41.32 |
| 9 | Retirement Plan Specialist | $63,292 | $30.43 |
| 10 | Licensed Customs Broker | $52,126 | $25.06 |
| 11 | Assistant Branch Manager | $50,095 | $24.08 |
| 12 | Retirement Specialist | $39,457 | $18.97 |
| 13 | Finance Representative | $38,930 | $18.72 |
| 14 | Finance Service Representative | $38,847 | $18.68 |
Best paying T. Rowe Price customer service salaries
| Rank | Position | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | Managing Supervisor | $78,884 | $37.92 |
| 2 | Presentation Specialist | $74,411 | $35.77 |
| 3 | Client Account Manager | $56,855 | $27.33 |
| 4 | Support Associate | $51,558 | $24.79 |
| 5 | Desktop Support Technician | $46,396 | $22.31 |
| 6 | Client Liaison | $40,818 | $19.62 |
| 7 | Correspondence Representative | $35,988 | $17.30 |
| 8 | Service Representative | $35,900 | $17.26 |
| 9 | Service Associate | $35,334 | $16.99 |
| 10 | Help Desk Analyst | $35,097 | $16.87 |
Best paying T. Rowe Price engineering salaries
| Rank | Position | Average T. Rowe Price salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering Mathematician | $121,025 | $58.19 |
| 2 | Senior Software Engineer | $110,145 | $52.95 |
| 3 | Information Architect | $109,786 | $52.78 |
| 4 | Project Leader | $108,921 | $52.37 |
| 5 | Technical Project Manager | $108,113 | $51.98 |
| 6 | Database Administrator | $105,700 | $50.82 |
| 7 | Data Scientist | $104,494 | $50.24 |
| 8 | Software Development Engineer | $102,714 | $49.38 |
| 9 | Oracle Consultant | $102,609 | $49.33 |
| 10 | Database Architect | $102,216 | $49.14 |
| 11 | Java Developer | $100,678 | $48.40 |
| 12 | Senior Programmer Analyst | $100,285 | $48.21 |
| 13 | BI Consultant | $96,975 | $46.62 |
| 14 | SQL Server Developer | $91,553 | $44.02 |
| 15 | Process Development | $88,822 | $42.70 |
| 16 | Solutions Analyst | $79,638 | $38.29 |
T. Rowe Price competitors’ average salaries
Average salaries at T. Rowe Price competitors, like Morgan Stanley, Icma-rc, and Putnam Investments, vary. Morgan Stanley employees earn the highest salaries, with an average yearly salary of $103,933. The average salary at Icma-rc is $99,925 per year, and the average salary at Putnam Investments is $90,219 per year.
Highest paying T. Rowe Price competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Morgan Stanley | 4.6 | $103,933 |
| 2 | Icma-rc | 4.9 | $99,925 |
| 3 | Putnam Investments | 4.9 | $90,219 |
| 4 | ING Financial Holdings Corporation | 4.4 | $87,367 |
| 5 | Legg Mason | 4.8 | $84,387 |
| 6 | Merchants Fleet | 3.9 | $83,621 |
| 7 | Charles Schwab | 4.8 | $82,738 |
| 8 | American Century Investments | 4.8 | $80,523 |
| 9 | Ing Security Life Of Denver | 4.5 | $78,247 |
| 10 | GAMCO Investors | 4.0 | $76,976 |
| 11 | Citi | 4.6 | $75,483 |
| 12 | Piper Jaffray | 4.8 | $73,442 |
| 13 | MFS Investment Management | 4.8 | $73,043 |
| 14 | The Vanguard Group | 4.6 | $71,689 |
| 15 | Diversified Investment Advisors | 3.6 | $71,413 |
| 16 | Fidelity Investments | 4.6 | $70,628 |
| 17 | OneAmerica | 4.5 | $64,190 |
| 18 | Prudential Retirement Insurance And Annuity Co | 3.5 | $60,890 |
| 19 | Arnold Motor Supply | 4.7 | $47,798 |
| 20 | Primerica | 4.6 | $39,645 |
Recently added T. Rowe Price salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Middle Office Exchange-Traded Funds (Etfs) SR. Analyst | Baltimore, MD | 06/27/2025 | $106,000 |
| Middle Office Exchange-Traded Funds (Etfs) SR. Analyst | Colorado Springs, CO | 06/27/2025 | $106,000 |
| Senior Manager, Client Account Services-Insurance | Baltimore, MD | 06/27/2025 | $124,000 |
| Software Development Engineer In Test (Sdet) | Owings Mills, MD | 06/25/2025 | $104,312 |
| Senior Business Analyst (Technical Business Analyst) | Owings Mills, MD | 06/25/2025 | $142,418 |
Frequently asked questions about T. Rowe Price salaries
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Zippia gives an in-depth look into the details of T. Rowe Price, including salaries, political affiliations, employee data, and more, in order to inform job seekers about T. Rowe Price. The employee data is based on information from people who have self-reported their past or current employments at T. Rowe Price. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by T. Rowe Price. The data presented on this page does not represent the view of T. Rowe Price and its employees or that of Zippia.
T. Rowe Price may also be known as or be related to T Rowe Price Group, T. Rowe Price, T. Rowe Price Group Inc and T. Rowe Price Group, Inc.