How to Become a Financial and Investment Analysts in Massachusetts
Financial and Investment Analysts in Massachusetts earn a median salary of $107,610/year, which is 6% above the national average. Massachusetts has a state income tax of ~5.0%. After taxes and rent, a financial and investment analysts takes home approximately $5,147/month. Most positions require Bachelor's degree.
What a financial and investment analysts can afford in Massachusetts
Becoming a financial and investment analysts in Massachusetts
Meet education requirements
Financial and Investment Analysts positions in Massachusetts typically require Bachelor's degree. Programs are available at colleges and training institutions across Massachusetts. Research accredited programs in your area.
Gain required experience
Many financial and investment analysts positions in Massachusetts require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Massachusetts licensure or certification
Massachusetts may require specific licensing or professional certification for financial and investment analystss. Requirements vary by state — contact the Massachusetts Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Massachusetts
Massachusetts employs 18,020 financial and investment analysts. The highest concentrations are in Boston-Cambridge-Newton and Springfield.
Financial and Investment Analysts salary by metro area in Massachusetts
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Boston-Cambridge-Newton | $110K | $53.1/hr | 15,880 |
| Springfield | $98K | $46.91/hr | 350 |
| Pittsfield | $97K | $46.41/hr | 80 |
| Worcester | $95K | $45.67/hr | 560 |
| Amherst Town-Northampton | $93K | $44.68/hr | 50 |
| Barnstable Town | $92K | $44.34/hr | 80 |
Financial and Investment Analysts salary range in Massachusetts
Financial and Investment Analysts careers in other states
Frequently asked questions
How much does a financial and investment analysts make in Massachusetts?▼
The median financial and investment analysts salary in Massachusetts is $107,610 per year ($51.73/hr). This is 6% above the national median of $101,350. Salaries range from $73,930 to $205,790.
What are the requirements to become a financial and investment analysts in Massachusetts?▼
Financial and Investment Analysts positions in Massachusetts typically require Bachelor's degree. Massachusetts may have specific licensing or certification requirements. Check with the Massachusetts licensing board or department of labor for current requirements.
Can a financial and investment analysts afford to live in Massachusetts?▼
At the median salary of $107,610, a financial and investment analysts in Massachusetts would take home approximately $6,559/month after taxes. With median 2-bedroom rent at $1,412/month, that's 21.5% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial and investment analysts in Massachusetts?▼
The highest paying metro areas for financial and investment analysts in Massachusetts are Boston-Cambridge-Newton ($110,450), Springfield ($97,570), Pittsfield ($96,540). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Massachusetts have state income tax for financial and investment analysts?▼
Yes, Massachusetts has a state income tax rate of approximately 5.0%. On a $107,610 salary, this means roughly $5,381/year in state income tax. Use our take-home pay calculator for a detailed breakdown.