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Financial Analyst Salary in Dallas, TX

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

Median Salary
$95,850
per year in Dallas
Entry Level
$57,301
Starting salary
Senior Level
$133,357
Experienced professionals
Cost of Living
102
2% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$57,301$95,850$133,357
Monthly$4,775$7,988$11,113
Biweekly$2,204$3,687$5,129
Weekly$1,102$1,843$2,565
Hourly$28$46$64

Dallas vs National Average

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

Dallas Salary
$95,850
COL Index: 102
National Average
$83,200
COL Index: 100
Difference
+$12,650
Higher in Dallas

Cost of Living in Dallas

1-Bedroom Rent
$1,450
per month
Median Income
$61,248
per year
Population
1,343,573
residents
Rent % of Income
28.4%
median household
Cost of Living Index: 102 — A score of 100 represents the U.S. average. Salaries in Dallas 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
+34%
Los Angeles, CA
$102,660
+7%
Chicago, IL
$102,790
+7%
Houston, TX
$98,310
+3%
Phoenix, AZ
$91,140
-5%

Financial Tools to Explore

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

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Financial Analyst Salary in Dallas, TX — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Dallas, TX is $95,850 per year, adjusted for the local cost of living index of 102. This figure reflects typical earnings for experienced professionals in this role, considering Dallas's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Dallas can expect to earn around $57,301 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $133,357 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Dallas's cost of living index of 102 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Dallas 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 Dallas typically goes toward housing. With a 1-bedroom apartment averaging $1,450 per month, housing represents about 18.2% 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 Dallas, 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.