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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2020

13-2098 Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other

This occupation includes the 2018 SOC occupations 13-2051 Financial and Investment Analysts; 13-2054 Financial Risk Specialists; and 13-2099 Financial Specialists, All Other; and the 2010 SOC occupations 13-2051 Financial Analysts and 13-2099 Financial Specialists, All Other.


National estimates for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other
Industry profile for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other
Geographic profile for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other

National estimates for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Employment estimate and mean wage estimates for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
460,250 0.9 % $ 46.46 $ 96,630 0.7 %

Percentile wage estimates for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 23.44 $ 30.61 $ 40.22 $ 54.07 $ 76.71
Annual Wage (2) $ 48,760 $ 63,670 $ 83,660 $ 112,460 $ 159,560


Industry profile for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Industries with the highest published employment and wages for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other are provided. For a list of all industries with employment in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other, see the Create Customized Tables function.

Industries with the highest levels of employment in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 87,530 9.29 $ 60.12 $ 125,040
Management of Companies and Enterprises 54,320 2.24 $ 45.35 $ 94,330
Credit Intermediation and Related Activities (5221 and 5223 only) 49,770 2.45 $ 43.90 $ 91,300
Federal Executive Branch (OEWS Designation) 24,150 1.16 $ 42.93 $ 89,280
Insurance Carriers 19,030 1.58 $ 44.74 $ 93,060

Industries with the highest concentration of employment in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Investment Pools and Funds 1,420 13.20 $ 63.63 $ 132,350
Monetary Authorities-Central Bank 1,920 9.81 $ 51.67 $ 107,470
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 87,530 9.29 $ 60.12 $ 125,040
Nondepository Credit Intermediation 18,600 3.22 $ 41.99 $ 87,330
Credit Intermediation and Related Activities (5221 and 5223 only) 49,770 2.45 $ 43.90 $ 91,300

Top paying industries for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Investment Pools and Funds 1,420 13.20 $ 63.63 $ 132,350
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 87,530 9.29 $ 60.12 $ 125,040
Support Activities for Mining 300 0.11 $ 54.58 $ 113,530
Software Publishers 3,530 0.72 $ 53.33 $ 110,930
Other Information Services 2,230 0.64 $ 52.96 $ 110,150


Geographic profile for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

States and areas with the highest published employment, location quotients, and wages for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other are provided. For a list of all areas with employment in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other, see the Create Customized Tables function.





States with the highest employment level in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 61,920 7.12 2.15 $ 62.82 $ 130,670
California 55,830 3.40 1.03 $ 48.65 $ 101,180
Texas 38,260 3.16 0.96 $ 42.25 $ 87,870
Florida 21,880 2.59 0.78 $ 36.72 $ 76,370
Illinois 21,760 3.87 1.17 $ 47.00 $ 97,750




States with the highest concentration of jobs and location quotients in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 7,000 10.19 3.08 $ 52.44 $ 109,070
Delaware 3,300 7.74 2.34 $ 46.92 $ 97,600
New York 61,920 7.12 2.15 $ 62.82 $ 130,670
Massachusetts 17,980 5.37 1.62 $ 50.81 $ 105,680
Connecticut 7,790 5.05 1.53 $ 50.49 $ 105,020




Top paying states for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 61,920 7.12 2.15 $ 62.82 $ 130,670
District of Columbia 7,000 10.19 3.08 $ 52.44 $ 109,070
Massachusetts 17,980 5.37 1.62 $ 50.81 $ 105,680
Connecticut 7,790 5.05 1.53 $ 50.49 $ 105,020
New Jersey 17,230 4.55 1.38 $ 48.93 $ 101,780





Metropolitan areas with the highest employment level in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 68,190 7.72 2.33 $ 62.51 $ 130,020
Los Angeles-Long Beach-Anaheim, CA 22,220 3.82 1.15 $ 46.40 $ 96,520
Chicago-Naperville-Elgin, IL-IN-WI 19,140 4.39 1.33 $ 47.99 $ 99,820
Washington-Arlington-Alexandria, DC-VA-MD-WV 18,550 6.14 1.86 $ 51.67 $ 107,480
Boston-Cambridge-Nashua, MA-NH 17,100 6.57 1.99 $ 51.79 $ 107,730
Dallas-Fort Worth-Arlington, TX 16,670 4.65 1.40 $ 42.93 $ 89,300
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 14,900 5.53 1.67 $ 49.82 $ 103,630
San Francisco-Oakland-Hayward, CA 13,080 5.61 1.70 $ 57.89 $ 120,410
Atlanta-Sandy Springs-Roswell, GA 12,490 4.74 1.43 $ 43.91 $ 91,320
Houston-The Woodlands-Sugar Land, TX 9,390 3.16 0.96 $ 47.16 $ 98,080




Metropolitan areas with the highest concentration of jobs and location quotients in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California-Lexington Park, MD 790 17.52 5.29 $ 51.47 $ 107,070
Trenton, NJ 2,660 11.55 3.49 $ 46.06 $ 95,800
Parkersburg-Vienna, WV 340 10.03 3.03 $ 38.18 $ 79,420
Bridgeport-Stamford-Norwalk, CT 3,350 8.90 2.69 $ 60.62 $ 126,090
Olympia-Tumwater, WA 940 8.60 2.60 $ 32.32 $ 67,220
New York-Newark-Jersey City, NY-NJ-PA 68,190 7.72 2.33 $ 62.51 $ 130,020
Des Moines-West Des Moines, IA 2,530 7.15 2.16 $ 42.08 $ 87,530
Columbus, GA-AL 790 7.12 2.15 $ 24.05 $ 50,010
Boston-Cambridge-Nashua, MA-NH 17,100 6.57 1.99 $ 51.79 $ 107,730
Santa Fe, NM 380 6.57 1.98 $ 29.08 $ 60,480




Top paying metropolitan areas for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 68,190 7.72 2.33 $ 62.51 $ 130,020
Bridgeport-Stamford-Norwalk, CT 3,350 8.90 2.69 $ 60.62 $ 126,090
Medford, OR 90 1.02 0.31 $ 60.12 $ 125,050
Sebastian-Vero Beach, FL 50 0.95 0.29 $ 58.40 $ 121,470
San Francisco-Oakland-Hayward, CA 13,080 5.61 1.70 $ 57.89 $ 120,410
San Jose-Sunnyvale-Santa Clara, CA 5,120 4.65 1.40 $ 57.04 $ 118,640
Grand Junction, CO 50 0.78 0.24 $ 53.59 $ 111,460
Santa Rosa, CA 290 1.51 0.46 $ 53.21 $ 110,680
Auburn-Opelika, AL (8) (8) (8) $ 52.66 $ 109,530
Boston-Cambridge-Nashua, MA-NH 17,100 6.57 1.99 $ 51.79 $ 107,730

Nonmetropolitan areas with the highest employment in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Kansas nonmetropolitan area 350 0.93 0.28 $ 28.35 $ 58,960
Southeast Iowa nonmetropolitan area 310 1.47 0.44 $ 40.35 $ 83,930
Central Kentucky nonmetropolitan area 290 1.74 0.52 $ 23.02 $ 47,890
Southern Indiana nonmetropolitan area 280 1.53 0.46 $ 30.90 $ 64,270
Southwest Montana nonmetropolitan area 270 2.02 0.61 $ 36.62 $ 76,160

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northeast Virginia nonmetropolitan area 130 2.70 0.82 $ 52.90 $ 110,020
Eastern Washington nonmetropolitan area 220 2.33 0.70 $ 28.52 $ 59,320
North Central Tennessee nonmetropolitan area 220 2.06 0.62 $ 36.05 $ 74,970
Southwest Montana nonmetropolitan area 270 2.02 0.61 $ 36.62 $ 76,160
Central New Hampshire nonmetropolitan area 180 1.96 0.59 $ 32.97 $ 68,580

Top paying nonmetropolitan areas for Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northeast Virginia nonmetropolitan area 130 2.70 0.82 $ 52.90 $ 110,020
West North Dakota nonmetropolitan area 70 0.63 0.19 $ 50.68 $ 105,420
Central East New York nonmetropolitan area 110 0.75 0.23 $ 47.54 $ 98,890
Southwest Mississippi nonmetropolitan area 40 0.60 0.18 $ 47.25 $ 98,280
Southwest Minnesota nonmetropolitan area 100 0.86 0.26 $ 45.36 $ 94,360


About May 2020 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2020 National Occupational Employment and Wage Estimates

May 2020 State Occupational Employment and Wage Estimates

May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2020 National Industry-Specific Occupational Employment and Wage Estimates

May 2020 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2021