How to Become a Financial and Investment Analysts in New York
Financial and Investment Analysts in New York earn a median salary of $126,580/year, which is 25% above the national average. New York has a state income tax of ~5.2%. After taxes and rent, a financial and investment analysts takes home approximately $6,148/month. Most positions require Bachelor's degree.
What a financial and investment analysts can afford in New York
Becoming a financial and investment analysts in New York
Meet education requirements
Financial and Investment Analysts positions in New York typically require Bachelor's degree. Programs are available at colleges and training institutions across New York. Research accredited programs in your area.
Gain required experience
Many financial and investment analysts positions in New York require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain New York licensure or certification
New York may require specific licensing or professional certification for financial and investment analystss. Requirements vary by state — contact the New York Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in New York
New York employs 47,130 financial and investment analysts. The highest concentrations are in New York-Newark-Jersey City and Elmira.
Financial and Investment Analysts salary by metro area in New York
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| New York-Newark-Jersey City | $128K | $61.77/hr | 49,940 |
| Elmira | $108K | $52.1/hr | 40 |
| Syracuse | $93K | $44.82/hr | 310 |
| Binghamton | $93K | $44.51/hr | 130 |
| Buffalo-Cheektowaga | $89K | $42.83/hr | 970 |
| Utica-Rome | $89K | $42.55/hr | 120 |
| Kingston | $88K | $42.52/hr | 40 |
| Kiryas Joel-Poughkeepsie-Newburgh | $88K | $42.19/hr | 190 |
| Rochester | $86K | $41.11/hr | 1,170 |
| Albany-Schenectady-Troy | $84K | $40.62/hr | 1,060 |
| Glens Falls | $82K | $39.43/hr | 30 |
| Ithaca | $80K | $38.5/hr | 100 |
Financial and Investment Analysts salary range in New York
Financial and Investment Analysts careers in other states
Frequently asked questions
How much does a financial and investment analysts make in New York?▼
The median financial and investment analysts salary in New York is $126,580 per year ($60.86/hr). This is 25% above the national median of $101,350. Salaries range from $78,790 to $221,460.
What are the requirements to become a financial and investment analysts in New York?▼
Financial and Investment Analysts positions in New York typically require Bachelor's degree. New York may have specific licensing or certification requirements. Check with the New York licensing board or department of labor for current requirements.
Can a financial and investment analysts afford to live in New York?▼
At the median salary of $126,580, a financial and investment analysts in New York would take home approximately $7,560/month after taxes. With median 2-bedroom rent at $1,412/month, that's 18.7% 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 New York?▼
The highest paying metro areas for financial and investment analysts in New York are New York-Newark-Jersey City ($128,490), Elmira ($108,360), Syracuse ($93,230). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does New York have state income tax for financial and investment analysts?▼
Yes, New York has a state income tax rate of approximately 5.2%. On a $126,580 salary, this means roughly $6,547/year in state income tax. Use our take-home pay calculator for a detailed breakdown.