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Financial Analyst Salary in Spokane, WA

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

Median Salary
$80,180
per year in Spokane
Entry Level
$47,934
Starting salary
Senior Level
$111,555
Experienced professionals
Cost of Living
117
17% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$47,934$80,180$111,555
Monthly$3,995$6,682$9,296
Biweekly$1,844$3,084$4,291
Weekly$922$1,542$2,145
Hourly$23$39$54

Spokane vs National Average

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

Spokane Salary
$80,180
COL Index: 117
National Average
$83,200
COL Index: 100
Difference
-$3,020
Lower in Spokane

Cost of Living in Spokane

1-Bedroom Rent
$1,600
per month
Median Income
$56,234
per year
Population
228,989
residents
Rent % of Income
34.1%
median household
Cost of Living Index: 117 — A score of 100 represents the U.S. average. Salaries in Spokane 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
+60%
Los Angeles, CA
$102,660
+28%
Chicago, IL
$102,790
+28%
Houston, TX
$98,310
+23%
Phoenix, AZ
$91,140
+14%

Financial Tools to Explore

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Financial Analyst Salary in Spokane, WA — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Spokane, WA is $80,180 per year, adjusted for the local cost of living index of 117. This figure reflects typical earnings for experienced professionals in this role, considering Spokane's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Spokane can expect to earn around $47,934 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $111,555 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Spokane's cost of living index of 117 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Spokane 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 Spokane typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 23.9% 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 Spokane, 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.