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Financial Analyst Salary in Allentown, PA

How much does a financial analyst make in Allentown? Explore median, entry-level, and senior salaries adjusted for Allentown's cost of living.

Median Salary
$94,950
per year in Allentown
Entry Level
$56,763
Starting salary
Senior Level
$132,105
Experienced professionals
Cost of Living
99
1% below national avg

Salary Breakdown by Experience Level

See how financial analyst salaries break down across different pay periods in Allentown.

PeriodEntry LevelMedianSenior
Annual$56,763$94,950$132,105
Monthly$4,730$7,913$11,009
Biweekly$2,183$3,652$5,081
Weekly$1,092$1,826$2,540
Hourly$27$46$64

Allentown vs National Average

How Allentown's financial analyst salaries compare to national figures.

Allentown Salary
$94,950
COL Index: 99
National Average
$83,200
COL Index: 100
Difference
+$11,750
Higher in Allentown

Cost of Living in Allentown

1-Bedroom Rent
$1,150
per month
Median Income
$42,234
per year
Population
126,092
residents
Rent % of Income
32.7%
median household
Cost of Living Index: 99 — A score of 100 represents the U.S. average. Salaries in Allentown have been adjusted to account for local cost differences.

About Financial Analyst

Overview

Analyze financial data and provide recommendations for investments and business decisions.

Education

Bachelor's degree in Finance, Economics, or related field

Key Skills

Financial AnalysisExcelInvestment ResearchData Analysis

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Financial Analyst Salary

See Financial Analyst salaries in other top cities.

New York, NY
$128,490
+35%
Los Angeles, CA
$102,660
+8%
Chicago, IL
$102,790
+8%
Houston, TX
$98,310
+4%
Phoenix, AZ
$91,140
-4%

Financial Tools to Explore

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Financial Analyst Salary in Allentown, PA — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Allentown, PA is $94,950 per year, adjusted for the local cost of living index of 99. This figure reflects typical earnings for experienced professionals in this role, considering Allentown's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Allentown can expect to earn around $56,763 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $132,105 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Allentown's cost of living index of 99 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Allentown are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,200, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a financial analyst's salary in Allentown typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 14.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Financial Analysts are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Allentown, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.