Financial and Investment Analysts Employment and Wages in 2022

In 2022, the Financial and Investment Analysts occupation accounted for over 291 thousand jobs in the United States, reflecting a decrease of 0.2% from 2021. The annual mean wage in 2022 was $108,790, and the median wage was $95,080. Compared to the national average for all occupations, the wages for this occupation were higher by 75.8%.

Industry Sub-Groups

Among industry sectors, Finance and Insurance held the largest number of jobs for the Financial and Investment Analysts occupation, employing over 131 thousand people in 2022. The annual mean wage in this sector was $119,970, with a median wage of $100,530. There was an increase in wage variance to the national average compared to 2021, with the variance shifting from 9.3% to 10.3%, indicating industry sector wages outpaced national wage trends.

Professional, Scientific, and Technical Services accounted for a substantial employment share for this occupation, with 41 thousand people employed in 2022. The annual mean wage for this sub-group was $112,480, and the median wage was $95,200. In terms of wage variance to the national average, there was an increase compared to 2021, with the variance shifting from -0.5% to 3.4%.

The Management of Companies and Enterprises sector also had considerable industry employment, with approximately 38 thousand people employed in 2022. The annual mean wage in this sub-group was $99,640 and the median wage was $90,000. The wage variance to the national average experienced a decrease compared to 2021, with the variance shifting from -7.3% to -8.4%.

Highest Location Concentration

When we examine the top locations in terms of proportional employment within the Financial and Investment Analysts occupation, we find that Olympia-Tumwater, WA had the highest concentration of jobs (3.4 times the national occupational employment share). The location had an annual mean wage in 2022, at $65,740, and a median wage of $62,730. The location variance to the national average was -39.6%. Bridgeport-Stamford-Norwalk, CT had the next highest concentration of jobs (3.3 times the national occupational employment share) and an annual mean wage of $135,790 and a median wage of $127,420. The industry variance to the national average was 24.8%. New York-Newark-Jersey City, NY-NJ-PA had 2.8 times the national occupational employment share and an annual mean wage of $143,440 and a median wage of $123,230. The industry variance to the national average was 31.9%.

Summary

In 2022, the Financial and Investment Analysts occupation in the United States remained robust, with over 291 thousand jobs, although showing a slight decrease of 0.2% from the previous year. Despite this minor dip, professionals in this field continued to command impressive wages, with an annual mean wage of $108,790 and a median wage of $95,080, surpassing the national average for all occupations by 75.8%. Among industry sectors, Finance and Insurance emerged as the primary employer, with over 131 thousand individuals employed, experiencing an increase in wage variance compared to the previous year. Professional, Scientific, and Technical Services, along with the Management of Companies and Enterprises sector, also contributed significantly to employment. In terms of location concentration, Olympia-Tumwater, WA, and Bridgeport-Stamford-Norwalk, CT, stood out, offering notable employment shares and varied wage differentials compared to the national average.

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