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Financial Analyst

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AVG. SALARY

$80,140

education graphic

EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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West Virginia Earnings

Average Annual Wage

$80,140

Entry Annual Wage

$49,700

Experienced Annual Wage

$106,000

Average Hourly Wage

$38.53

Entry Hourly Wage

$23.90

Experienced Hourly Wage

$50.96

Median Hourly Wage

$36.15

West Virginia Regional Earnings

West Virginia Metropolitan Areas Wages

Region Average Entry Level Experienced
Charleston MSA $74,750 or $35.94/hr $45,950 or $22.09/hr $101,790 or $48.94/hr
Hagerstown-Martinsburg MD-WV MSA $88,920 or $42.75/hr $59,530 or $28.62/hr $126,640 or $60.88/hr
Huntington-Ashland WV-KY-OH MSA $69,680 or $33.50/hr $46,150 or $22.19/hr $96,220 or $46.26/hr
Morgantown MSA $79,200 or $38.08/hr $49,130 or $23.62/hr $125,500 or $60.34/hr
Washington-Arlington-Alexandria DC-VA-MD-WV $113,980 or $54.80/hr $65,090 or $31.29/hr $172,150 or $82.76/hr
Wheeling WV-OH MSA $88,420 or $42.51/hr $50,040 or $24.06/hr $105,030 or $50.49/hr
Winchester VA-WV MSA $81,810 or $39.33/hr $45,180 or $21.72/hr $120,670 or $58.02/hr

West Virginia Geographical Areas Wages

Region Average Entry Level Experienced
Northern West Virginia nonmetropolitan area $84,800 or $40.77/hr $55,000 or $26.44/hr $130,910 or $62.94/hr

West Virginia's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 4%
Job Openings 118 estimated annual job openings
Employment 1,474 were employed in this occupation

West Virginia's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 1 169 5% 13 13
Workforce Investment Area 2 119 18% 2 10 12
Workforce Investment Area 3 299 12% 4 23 27
Workforce Investment Area 5 125 9% 1 9 10
Workforce Investment Area 6 290 9% 3 22 25
Workforce Investment Area 7 73 8% 1 5 6

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 4 359 -2% 26 26

National Earnings

The earnings information below is for the occupational group Financial Specialists, All Other. The occupation Financial Analyst is part of this group.

Average Annual Wage

$108,790

Average Hourly Wage

$52.30

Average Annual Range

$58,950 to $169,940

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +9%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 2690 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 317,300 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Faster than average growth
  Demand for financial analysts generally increases with overall economic activity. These workers will be needed to evaluate investment opportunities when new businesses are established or as existing businesses expand. In addition, emerging markets throughout the world are providing new investment opportunities, requiring expertise in geographic regions where those markets are located. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (43.1%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (23.8%)
  • Professional, scientific, and technical services (NAICS540000) (12.4%)
  • Credit intermediation and related activities (NAICS522000) (11.4%)
  • Management of companies and enterprises (NAICS550000) (10.9%)
  • Management of companies and enterprises (NAICS551000) (10.9%)
  • Insurance carriers and related activities (NAICS524000) (7.1%)