National median: $88K (range: 55K–140K). Salaries adjusted by state cost index. Ranked by cost-adjusted purchasing power. The difference between the best and worst state is $11,786/year in real purchasing power.
Financial Analyst salaries range from 55K–140K, with significant variation by state and metro area. The take-home pay difference between states is driven primarily by state income tax rates and cost of living.
The highest-paying state for financial analysts is Hawaii with an estimated salary of $169K and take-home of $114,654. But the best purchasing power goes to Tennessee \u2014 where a $79K salary, after taxes and cost adjustment, buys what $71,502 would buy nationally.
Regional averages show where financial analysts earn the most and where their money goes furthest:
| # | State | Est. Salary | Tax Rate | Take-Home | Monthly | Eff. Rate | Cost-Adj. |
|---|---|---|---|---|---|---|---|
| 1 | Tennessee | $79K | 0% | $64,352 | $5,363 | 18.5% | $71,502 |
| 2 | South Dakota | $81K | 0% | $65,759 | $5,480 | 18.8% | $71,477 |
| 3 | Texas | $82K | 0% | $66,462 | $5,539 | 18.9% | $71,465 |
| 4 | Wyoming | $83K | 0% | $67,166 | $5,597 | 19.1% | $71,453 |
| 5 | Florida | $88K | 0% | $70,683 | $5,890 | 19.7% | $70,683 |
| 6 | Nevada | $89K | 0% | $71,387 | $5,949 | 19.8% | $70,680 |
| 7 | Arkansas | $76K | 3.9% | $60,314 | $5,026 | 20.6% | $70,133 |
| 8 | North Dakota | $81K | 2.5% | $64,442 | $5,370 | 20.4% | $70,046 |
| 9 | Washington | $97K | 0% | $77,015 | $6,418 | 20.6% | $70,013 |
| 10 | New Hampshire | $95K | 0% | $75,608 | $6,301 | 20.4% | $70,007 |
| 11 | Oklahoma | $77K | 4.5% | $60,692 | $5,058 | 21.2% | $69,761 |
| 12 | West Virginia | $73K | 4.82% | $57,843 | $4,820 | 20.8% | $69,691 |
| 13 | Ohio | $79K | 2.75% | $62,179 | $5,182 | 21.3% | $69,088 |
| 14 | Alaska | $112K | 0% | $87,567 | $7,297 | 21.8% | $68,950 |
| 15 | Mississippi | $73K | 4% | $57,211 | $4,768 | 21.6% | $68,928 |
| 16 | Indiana | $79K | 2.95% | $62,021 | $5,168 | 21.5% | $68,912 |
| 17 | Nebraska | $80K | 4.55% | $62,689 | $5,224 | 21.6% | $68,889 |
| 18 | Louisiana | $80K | 3% | $62,655 | $5,221 | 21.7% | $68,852 |
| 19 | Alabama | $77K | 5% | $60,442 | $5,037 | 21.5% | $68,684 |
| 20 | Arizona | $85K | 2.5% | $66,448 | $5,537 | 21.8% | $68,503 |
| 21 | Kentucky | $79K | 3.5% | $61,587 | $5,132 | 22.0% | $68,429 |
| 22 | Kansas | $79K | 5.58% | $61,486 | $5,124 | 22.2% | $68,318 |
| 23 | Iowa | $78K | 3.8% | $60,684 | $5,057 | 22.2% | $68,184 |
| 24 | New Mexico | $80K | 5.9% | $61,987 | $5,166 | 22.5% | $68,118 |
| 25 | South Carolina | $81K | 6% | $62,600 | $5,217 | 22.7% | $68,043 |
| 26 | Missouri | $78K | 4% | $60,528 | $5,044 | 22.4% | $68,009 |
| 27 | Pennsylvania | $86K | 3.07% | $66,636 | $5,553 | 22.5% | $67,996 |
| 28 | North Carolina | $84K | 3.99% | $64,517 | $5,376 | 23.2% | $67,913 |
| 29 | Michigan | $80K | 4.25% | $61,655 | $5,138 | 22.9% | $67,753 |
| 30 | Montana | $85K | 5.65% | $65,451 | $5,454 | 23.0% | $67,475 |
| 31 | Virginia | $91K | 5.75% | $69,392 | $5,783 | 23.7% | $67,371 |
| 32 | Illinois | $82K | 4.95% | $62,403 | $5,200 | 23.9% | $67,100 |
| 33 | Wisconsin | $82K | 7.65% | $62,385 | $5,199 | 23.9% | $67,080 |
| 34 | Delaware | $90K | 6.6% | $68,229 | $5,686 | 24.2% | $66,891 |
| 35 | Georgia | $82K | 5.19% | $62,206 | $5,184 | 24.1% | $66,888 |
| 36 | Utah | $87K | 4.45% | $66,108 | $5,509 | 24.0% | $66,776 |
| 37 | Idaho | $84K | 5.3% | $63,417 | $5,285 | 24.5% | $66,755 |
| 38 | Maryland | $99K | 5.75% | $74,721 | $6,227 | 24.5% | $66,716 |
| 39 | Maine | $86K | 7.15% | $65,279 | $5,440 | 24.1% | $66,611 |
| 40 | Rhode Island | $92K | 5.99% | $69,915 | $5,826 | 24.0% | $66,586 |
| 41 | Colorado | $92K | 4.4% | $69,449 | $5,787 | 24.5% | $66,142 |
| 42 | Connecticut | $98K | 6.99% | $73,265 | $6,105 | 25.2% | $66,005 |
| 43 | Minnesota | $87K | 9.85% | $64,409 | $5,367 | 26.0% | $65,060 |
| 44 | Massachusetts | $104K | 5% | $76,739 | $6,395 | 26.2% | $65,033 |
| 45 | Vermont | $92K | 8.75% | $68,265 | $5,689 | 25.8% | $65,014 |
| 46 | Oregon | $97K | 9.9% | $70,773 | $5,898 | 27.0% | $64,339 |
| 47 | New Jersey | $101K | 10.75% | $72,771 | $6,064 | 27.9% | $63,279 |
| 48 | New York | $110K | 10.9% | $78,367 | $6,531 | 28.8% | $62,693 |
| 49 | California | $125K | 13.3% | $85,857 | $7,155 | 31.3% | $60,463 |
| 50 | Hawaii | $169K | 11% | $114,654 | $9,555 | 32.2% | $59,716 |