Financial Analyst Salary in Durham, NC
How much does a financial analyst make in Durham? Explore median, entry-level, and senior salaries adjusted for Durham's cost of living.
Salary Breakdown by Experience Level
See how financial analyst salaries break down across different pay periods in Durham.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $59,484 | $99,500 | $138,435 |
| Monthly | $4,957 | $8,292 | $11,536 |
| Biweekly | $2,288 | $3,827 | $5,324 |
| Weekly | $1,144 | $1,913 | $2,662 |
| Hourly | $29 | $48 | $67 |
Durham vs National Average
How Durham's financial analyst salaries compare to national figures.
Cost of Living in Durham
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
Growth Rate
Expected job growth: +19% over the next decade
Compare Cities: Financial Analyst Salary
See Financial Analyst salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a financial analyst salary in Durham.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Durham.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Durham.
Financial Analyst Salary in Durham, NC — Complete Guide
Median Salary Overview
The median salary for a financial analyst in Durham, NC is $99,500 per year, adjusted for the local cost of living index of 112. This figure reflects typical earnings for experienced professionals in this role, considering Durham's unique economic conditions.
Salary Range and Experience Levels
Entry-level financial analyst professionals in Durham can expect to earn around $59,484 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $138,435 per year. This represents a 133% increase from entry to senior level.
Cost of Living Adjustment
Durham's cost of living index of 112 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Durham 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 Durham typically goes toward housing. With a 1-bedroom apartment averaging $1,650 per month, housing represents about 19.9% 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 Durham, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.