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Financial Analyst Salary in Columbus, OH

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

Median Salary
$97,480
per year in Columbus
Entry Level
$58,276
Starting salary
Senior Level
$135,625
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 Columbus.

PeriodEntry LevelMedianSenior
Annual$58,276$97,480$135,625
Monthly$4,856$8,123$11,302
Biweekly$2,241$3,749$5,216
Weekly$1,121$1,875$2,608
Hourly$28$47$65

Columbus vs National Average

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

Columbus Salary
$97,480
COL Index: 99
National Average
$83,200
COL Index: 100
Difference
+$14,280
Higher in Columbus

Cost of Living in Columbus

1-Bedroom Rent
$1,350
per month
Median Income
$56,102
per year
Population
898,553
residents
Rent % of Income
28.9%
median household
Cost of Living Index: 99 — A score of 100 represents the U.S. average. Salaries in Columbus 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
+32%
Los Angeles, CA
$102,660
+5%
Chicago, IL
$102,790
+5%
Houston, TX
$98,310
+1%
Phoenix, AZ
$91,140
-7%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a financial analyst salary in Columbus.

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Financial Analyst Salary in Columbus, OH — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Columbus, OH is $97,480 per year, adjusted for the local cost of living index of 99. This figure reflects typical earnings for experienced professionals in this role, considering Columbus's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Columbus can expect to earn around $58,276 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $135,625 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Columbus's cost of living index of 99 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Columbus 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 Columbus typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 16.6% 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 Columbus, 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.