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Financial Analyst Salary in Lufkin, TX

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

Median Salary
$63,232
per year in Lufkin
Entry Level
$37,802
Starting salary
Senior Level
$87,975
Experienced professionals
Cost of Living
80
20% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$37,802$63,232$87,975
Monthly$3,150$5,269$7,331
Biweekly$1,454$2,432$3,384
Weekly$727$1,216$1,692
Hourly$18$30$42

Lufkin vs National Average

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

Lufkin Salary
$63,232
COL Index: 80
National Average
$83,200
COL Index: 100
Difference
-$19,968
Lower in Lufkin

Cost of Living in Lufkin

1-Bedroom Rent
$720
per month
Median Income
$40,234
per year
Population
36,602
residents
Rent % of Income
21.5%
median household
Cost of Living Index: 80 — A score of 100 represents the U.S. average. Salaries in Lufkin 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
+103%
Los Angeles, CA
$102,660
+62%
Chicago, IL
$102,790
+63%
Houston, TX
$98,310
+55%
Phoenix, AZ
$91,140
+44%

Financial Tools to Explore

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Financial Analyst Salary in Lufkin, TX — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Lufkin, TX is $63,232 per year, adjusted for the local cost of living index of 80. This figure reflects typical earnings for experienced professionals in this role, considering Lufkin's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Lufkin can expect to earn around $37,802 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $87,975 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Lufkin's cost of living index of 80 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Lufkin 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 Lufkin typically goes toward housing. With a 1-bedroom apartment averaging $720 per month, housing represents about 13.7% 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 Lufkin, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.