Finance analyst demographics research summary. Zippia estimates finance analyst demographics and statistics in the United States by using a database of 30 million profiles. Our finance analyst estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about finance analysts after extensive research and analysis:
- There are over 298,552 finance analysts currently employed in the United States.
- 43.8% of all finance analysts are women, while 56.2% are men.
- The average finance analyst age is 39 years old.
- The most common ethnicity of finance analysts is White (68.0%), followed by Asian (14.1%), Hispanic or Latino (7.7%) and Black or African American (5.6%).
- Finance analysts are most in-demand in New York, NY.
- The finance industry is the highest-paying for finance analysts.
- 7% of all finance analysts are LGBT.
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Finance Analyst demographics by:
Finance Analyst gender statistics
43.8% of finance analysts are women and 56.2% of finance analysts are men.
- Male, 56.2%
- Female, 43.8%
Finance Analyst gender ratio
| Gender | Percentages |
|---|---|
| Male | 56.2% |
| Female | 43.8% |
Finance Analyst gender pay gap
Women earn 93¢ for every $1 earned by men
![Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (1)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== "Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (1)")
Male Income
$67,629
Female Income
$63,213
Finance Analyst gender ratio over time
This data breaks down the percentage of men and women in finance analyst positions over time. Currently, 43.8% of finance analysts are female.
Male
Female
100
%
80
%
60
%
40
%
20
%
%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Finance Analyst gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 67.62% | 32.38% |
| 2011 | 62.97% | 37.03% |
| 2012 | 70.64% | 29.36% |
| 2013 | 69.09% | 30.91% |
| 2014 | 60.73% | 39.27% |
| 2015 | 59.46% | 40.54% |
| 2016 | 59.98% | 40.02% |
| 2017 | 61.47% | 38.53% |
| 2018 | 60.36% | 39.64% |
| 2019 | 55.20% | 44.80% |
| 2020 | 58.92% | 41.08% |
| 2021 | 56.25% | 43.75% |
Finance Analyst related jobs gender ratio
We compared finance analysts with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job Title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Finance Analyst | 56% | 44% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
Renewable Energy System Finance Specialist
Chartered Finance Analyst
Head Analyst
Finance Analyst
Credit Assistant
Customs Verifier
Escrow Officer
0%
25%
50%
75%
100%
Finance Analyst demographics by race
The most common ethnicity among finance analysts is White, which makes up 68.0% of all finance analysts. Comparatively, 14.1% of finance analysts are Asian and 7.7% of finance analysts are Hispanic or Latino.
- White, 68.0%
- Asian, 14.1%
- Hispanic or Latino, 7.7%
- Black or African American, 5.6%
- Unknown, 4.5%
- American Indian and Alaska Native, 0.1%
Finance Analyst Race
| Finance Analyst Race | Percentages |
|---|---|
| White | 68.0% |
| Asian | 14.1% |
| Hispanic or Latino | 7.7% |
| Black or African American | 5.6% |
| Unknown | 4.5% |
| American Indian and Alaska Native | 0.1% |
Finance Analyst race and ethnicity over time
See how finance analyst racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
- White
- Asian
- Hispanic or Latino
- Black or African American
Finance Analyst race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.44% | 4.81% | 12.62% | 6.10% |
| 2011 | 74.93% | 4.46% | 14.14% | 5.35% |
| 2012 | 76.93% | 3.30% | 13.04% | 5.16% |
| 2013 | 75.59% | 6.21% | 11.23% | 5.29% |
| 2014 | 71.12% | 6.21% | 14.96% | 5.98% |
| 2015 | 70.30% | 6.22% | 15.11% | 6.75% |
| 2016 | 71.49% | 6.15% | 13.89% | 6.23% |
| 2017 | 70.08% | 5.44% | 15.15% | 7.12% |
| 2018 | 70.38% | 6.31% | 12.91% | 8.11% |
| 2019 | 69.42% | 6.96% | 13.11% | 8.22% |
| 2020 | 67.46% | 5.46% | 13.09% | 9.10% |
| 2021 | 68.00% | 5.64% | 14.09% | 7.67% |
Finance Analyst wage gap by race
According to our data, asian finance analysts have the highest average salary compared to other ethnicities. Black or african american finance analysts have the lowest average salary at $62,435.
$78,000
$75,000
$72,000
$69,000
$66,000
$63,000
$60,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
| Ethnicity | Salary |
|---|---|
| Unknown | $66,338 |
| White | $68,942 |
| Black or African American | $62,435 |
| Asian | $74,597 |
| Hispanic or Latino | $66,418 |
How Much Do Finance Analyst Make?
Average finance analyst age
See how the average age of finance analysts varies based on ethnicity and gender.
Male
Female
Finance Analyst age by race and gender
| Race | Male Age | Female Age |
|---|---|---|
| Unknown | 33 | 38 |
| White | 35 | 41 |
| Black or African American | 40 | 42 |
| Asian | 35 | 39 |
| Hispanic or Latino | 35 | 40.5 |
Finance Analyst age breakdown
The average age of finance analysts is 40+ years years old, representing 45% of the finance analyst population.
40+ years
30-40 years
20-30 years
Finance Analyst age breakdown
| Finance Analyst Years | Percentages |
|---|---|
| 40+ years | 45% |
| 30-40 years | 33% |
| 20-30 years | 22% |
Finance Analyst educational attainment
The most common degree for finance analysts is bachelor's degree, with 76% of finance analysts earning that degree. The second and third most common degree levels are master's degree degree at 16% and master's degree degree at 6%.
- Bachelor's, 76%
- Master's, 16%
- Associate, 6%
- High School Diploma, 1%
- Other Degrees, 1%
Finance Analysts by degree level
| Finance Analyst Degree | Percentages |
|---|---|
| Bachelor's | 76% |
| Master's | 16% |
| Associate | 6% |
| High School Diploma | 1% |
| Other Degrees | 1% |
Finance Analyst Jobs You Might Like
Finance Analyst wage gap by degree level
According to the data, finance analysts with a Doctorate degree earn more than those without, at $91,596 annually. With a Master's degree, finance analysts earn a median annual income of $79,103 compared to $69,281 for finance analysts with an Bachelor's degree.
$95,000
$90,000
$85,000
$80,000
$75,000
$70,000
$65,000
Master's Degree
Bachelor's Degree
Doctorate Degree
| Education | Salary |
|---|---|
| Master's Degree | $79,103 |
| Bachelor's Degree | $69,281 |
| Doctorate Degree | $91,596 |
Learn More About Finance Analyst Required Education
Finance Analyst employment statistics
Most finance analysts work for a public in the finance industry.
Company size where finance analysts work
Below, you can see the size of companies where finance analysts work.
< 50 employees
50 - 100 employees
100 - 500 employees
500 - 1,000 employees
1,000 - 10,000 employees
> 10,000
Finance Analyst jobs by employer size
| Company Size | Percentages |
|---|---|
| < 50 employees | 2% |
| 50 - 100 employees | 4% |
| 100 - 500 employees | 5% |
| 500 - 1,000 employees | 2% |
| 1,000 - 10,000 employees | 21% |
| > 10,000 employees | 66% |
Finance Analyst jobs by company type
Employees with the finance analyst job title have their preferences when it comes to working for a company. For instance, most finance analysts prefer to work at public companies over private companies.
Education
Public
Private
Government
Finance Analyst jobs by sector
| Company Type | Percentages |
|---|---|
| Education | 4% |
| Public | 65% |
| Private | 28% |
| Government | 3% |
Finance Analyst jobs by industry
The most common industries for finance analysts are finance, technology and manufacturing.
Finance Analyst industry statistics
| Industry | Percentages |
|---|---|
| Fortune 500 | 29% |
| Finance | 16% |
| Technology | 9% |
| Manufacturing | 7% |
| Health Care | 4% |
| Professional | 4% |
| Retail | 4% |
| Media | 3% |
| Telecommunication | 3% |
| Energy | 3% |
| Insurance | 3% |
| Education | 3% |
| Government | 2% |
| Automotive | 2% |
| Pharmaceutical | 1% |
| Hospitality | 1% |
| Transportation | 1% |
| Utilities | 1% |
| Real Estate | 1% |
Finance Analyst turnover and employment statistics
Finance Analyst unemployment rate over time
The unemployment rate for finance analysts between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
- Unemployment rate
Finance Analyst unemployment rate by year
| Year | Finance Analyst Unemployment Rate |
|---|---|
| 2010 | 4.52% |
| 2011 | 4.06% |
| 2012 | 2.88% |
| 2013 | 2.84% |
| 2014 | 3.15% |
| 2015 | 2.61% |
| 2016 | 2.27% |
| 2017 | 2.86% |
| 2018 | 2.13% |
| 2019 | 2.16% |
| 2020 | 2.79% |
| 2021 | 2.49% |
Average finance analyst tenure
The average finance analyst stays at their job for 1-2 years, based on the 69,812 finance analysts resumes in Zippia's database.
Less than one year
1-2 years
3-4 years
5-7 years
8-10 years
11+ years
Finance Analyst tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 19% |
| 1-2 years | 42% |
| 3-4 years | 15% |
| 5-7 years | 13% |
| 8-10 years | 5% |
| 11+ years | 6% |
Finance Analyst LGBT ratio compared to similar jobs
Review the percent of finance analysts that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job Title | LGBT | Job Openings |
|---|---|---|
| Bondsman | 4.38% | 47 |
| Finance Analyst | 7.33% | - |
| Senior Revenue Accountant | 7.40% | 35,729 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Customs Verifier | 7.65% | 1,264 |
| Budget Coordinator | 12.94% | 23,021 |
| Principal Examiner | 19.38% | 41,375 |
Similar finance analyst jobs LGBT demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Bondsman | 4.38% | 47 |
| Senior Revenue Accountant | 7.40% | 35,729 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Customs Verifier | 7.65% | 1,264 |
| Budget Coordinator | 12.94% | 23,021 |
| Principal Examiner | 19.38% | 41,375 |
Foreign languages spoken by finance analysts
The most common foreign language among finance analysts is Spanish at 34.2%. The second-most popular foreign language spoken is French at 11.2% and Mandarin is the third-most popular at 10.3%.
- Spanish, 34.2%
- French, 11.2%
- Mandarin, 10.3%
- Chinese, 9.6%
- German, 4.7%
- Other, 30.0%
Finance Analyst languages spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 34.2% |
| French | 11.2% |
| Mandarin | 10.3% |
| Chinese | 9.6% |
| German | 4.7% |
| Other | 30.0% |
Finance Analyst Jobs
Finance Analyst location demographics
Where do finance analysts earn the most?
Finance analysts earn the most in Connecticut, where the average finance analyst salary is $83,960. The map here shows where finance analysts earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.
Average Salary
![Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (5)](https://i0.wp.com/media.zippia.com/salary-maps/2.4.8/finance-analyst.svgz "Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (5)")
Which city has the most Finance Analysts?
By looking through more than 69,812 resumes, we found that the most popular places for finance analysts are New York, NY and Chicago, IL.
Number of Finance Analysts
![Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (6)](https://i0.wp.com/media.zippia.com/demographics-maps/2.4.4/resume-finance-analyst.svgz "Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (6)")
Finance Analyst jobs by state
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 5,795 | $76,357 |
| 2 | Texas | 3,746 | $58,420 |
| 3 | New York | 3,429 | $82,552 |
| 4 | Florida | 2,723 | $52,135 |
| 5 | Illinois | 2,439 | $63,860 |
| 6 | Virginia | 2,281 | $67,743 |
| 7 | Massachusetts | 1,816 | $73,203 |
| 8 | Pennsylvania | 1,775 | $70,054 |
| 9 | Georgia | 1,714 | $55,282 |
| 10 | North Carolina | 1,661 | $62,020 |
| 11 | Washington | 1,468 | $75,245 |
| 12 | New Jersey | 1,445 | $74,694 |
| 13 | Ohio | 1,433 | $61,286 |
| 14 | Maryland | 1,416 | $66,772 |
| 15 | Michigan | 1,257 | $62,361 |
| 16 | Minnesota | 1,221 | $60,965 |
| 17 | Colorado | 1,143 | $56,337 |
| 18 | Arizona | 1,044 | $60,758 |
| 19 | Wisconsin | 1,022 | $58,717 |
| 20 | Missouri | 898 | $60,105 |
| 21 | Tennessee | 898 | $56,184 |
| 22 | Indiana | 843 | $58,263 |
| 23 | Utah | 739 | $56,709 |
| 24 | Connecticut | 667 | $83,960 |
| 25 | Alabama | 665 | $54,389 |
| 26 | Oregon | 648 | $68,853 |
| 27 | District of Columbia | 625 | $70,153 |
| 28 | South Carolina | 495 | $55,105 |
| 29 | Iowa | 430 | $56,353 |
| 30 | Kentucky | 414 | $56,886 |
| 31 | Louisiana | 361 | $52,131 |
| 32 | Nevada | 322 | $67,559 |
| 33 | Nebraska | 311 | $52,848 |
| 34 | Kansas | 295 | $54,000 |
| 35 | Delaware | 294 | $70,090 |
| 36 | Arkansas | 282 | $55,313 |
| 37 | Mississippi | 265 | $51,498 |
| 38 | Idaho | 260 | $56,907 |
| 39 | New Mexico | 250 | $57,081 |
| 40 | New Hampshire | 242 | $69,950 |
| 41 | Oklahoma | 218 | $51,670 |
| 42 | Rhode Island | 214 | $70,828 |
| 43 | Hawaii | 190 | $51,194 |
| 44 | North Dakota | 187 | $54,774 |
| 45 | Maine | 186 | $60,119 |
| 46 | West Virginia | 159 | $60,682 |
| 47 | South Dakota | 147 | $55,042 |
| 48 | Alaska | 142 | $58,928 |
| 49 | Montana | 136 | $54,093 |
| 50 | Wyoming | 131 | $57,448 |
| 51 | Vermont | 131 | $61,646 |
Where are finance analysts in high demand?
Finance analysts are in high demand in New York, NY. There are currently 360 job openings for finance analysts here. We looked over job openings to determine where in the country finance analysts are in the most demand.
Jobs Openings
![Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (7)](https://i0.wp.com/media.zippia.com/demographics-maps/2.4.4/listing-finance-analyst.svgz "Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (7)")
Finance Analyst Demographics FAQs
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Updated April 5, 2024
![Finance Analyst Demographics and Statistics [2024]: Number Of Finance Analysts In The US (2024)](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mP8/h8AAvMB+NzmkbcAAAAASUVORK5CYII=)