How Much Does a Junior Financial Analyst Make? (2025)
Understanding the junior financial analyst salary can be helpful if you're considering this career. As of 2025, the average junior financial analyst salary in the United States is $68,339 per year, and employment for this role is expected to grow 9 percent from 2023 to 2033.
This guide explores everything you need to know about the junior financial analyst role, including job descriptions and salary expectations, especially with factors that influence pay, such as experience, location, and industry demand.
What Does a Junior Financial Analyst Do?
Junior financial analysts help businesses and individuals make informed decisions about spending money to generate profit. They assess the performance of various investments, including stocks, bonds, and other financial instruments.
According to the Bureau of Labor Statistics (BLS), their responsibilities also include:
- Recommend individual investments and investment collections, also known as portfolios.
- Evaluate current and historical financial data.
- Study economic and business trends.
- Analyze a company’s financial statements to assess its value.
- Meet with company officials to gain a better understanding of the company’s future prospects.
- Evaluate the strength of the management team.
- Prepare written reports.
Junior financial analysts assess business opportunities to invest money with the goal of generating profit.
What is Junior Financial Analyst Salary Overview?
As mentioned, the average junior financial analyst salary in the United States is $68,339 per year or $33 per hour, as of March 2025.
Based on our data, the junior financial analyst salary range is between $57,092 to $81,816 per year. The junior financial analyst per month is $5,695.
Moreover, junior financial analyst often earns an average of $33 per hour, with hourly rates ranging from $27 to $39. The average weekly salary for junior financial analysts is $1,314, with pay ranging from $1,098 to $1,573.
2025 Junior Financial Analyst Average Salary: $68,339 per year ($33 per hour)
Meanwhile, the median core salary for junior financial analysts is $76,990 per year. This includes salary and bonuses and varies depending on the percentile.
| Percentile | Salary + Bonus |
|---|---|
| 10th Percentile | $58,042 |
| 25th Percentile | $63,800 |
| 50th Percentile | $70,124 |
| 75th Percentile | $77,940 |
| 90th Percentile | $85,057 |
Additionally, junior financial analysts may receive an average additional cash compensation amounting to $100,605. The total compensation package for the role includes benefits like healthcare ($8,352), time off ($8,631), and Social Security ($5,364), which make up 22.2% of the total compensation.
| Core Compensation | ||
|---|---|---|
| Median | % of Total | |
| Base Salary | $68,339 | 67.9% |
| Bonus | $1,785 | 1.8% |
| Value of Benefits | ||
| Social Security | $5,364 | 5.3% |
| 401K/403B | $2,945 | 2.9% |
| Disability | $1,402 | 1.4% |
| Healthcare | $8,352 | 8.3% |
| Pension | $3,787 | 3.8% |
| Time Off | $8,631 | 8.6% |
| Total Compensation | $100,605 | 100% |
What Can Affect Junior Financial Analyst Salaries?
The salary of junior financial analyst varies based on factors such as experience, location, education, and skills. Here is a breakdown of the key factors that influence earnings.
By Experience Level
According to our report, many junior financial analysts with less than a year of experience earn an average salary of $73,226 per year. In contrast, those with eight or more years of experience can expect to earn an average salary of $77,239 per year.
| Levels | Salary |
|---|---|
| Entry Level Junior Financial Analyst | $66,690 |
| Intermediate Level Junior Financial Analyst | $67,330 |
| Senior Level Junior Financial Analyst | $68,880 |
| Specialist Level Junior Financial Analyst | $69,192 |
| Expert Level Junior Financial Analyst | $69,398 |
By Geographic Location
Also, the salary of a junior financial analyst in the United States varies by location, probably influenced by factors such as cost of living, local economy, and industry presence.
For example, among hot cities in the United States, San Francisco has the highest average salary at $85,765 per year, while Newark has lower median salary at $77,223 per year.
| City | 25th Percentile | 50th Percentile | 75th Percentile |
|---|---|---|---|
| San Jose, California | $78,377 | $85,765 | $94,619 |
| San Francisco, California | $78,065 | $85,423 | $94,242 |
| Oakland, California | $76,191 | $83,373 | $91,980 |
| New York, New York | $72,944 | $79,820 | $88,060 |
| Queens Village, New York | $72,444 | $79,273 | $87,456 |
| Paramus, New Jeysey | $71,945 | $78,726 | $86,853 |
By Skills
High-demand skills drive salary increases for junior financial analysts. Our Real-time Job Posting Salary Data Report shows that those with financial modeling can see a 12.55% pay increase, while those with forecasting skills may receive 11.34%. The demand for these skills is 9.6% and 17.27%, respectively.
| Skill | Demand | Salary Growth |
|---|---|---|
| Financial Modeling | 9.67% | 12.55% |
| Forecasting | 17.27% | 11.34% |
| Financial Planning | 21.17% | 9.10% |
| Financial Reporting | 13.56% | 8.34% |
| Financial Statements | 11.29% | 7.98% |
| Financial Analysis | 27.93% | 7.13% |
How to Become a Junior Financial Analyst
Becoming a junior financial analyst requires specific education, training, and key skills. Here's how to become one:
- Obtain a relevant education: Start by earning a bachelor's degree in finance, accounting, economics, or business administration. This education is essential for understanding financial concepts and preparing for a career as a Junior Financial Analyst.
- Develop essential skills: Focus on building key skills like accounting, spreadsheet software (especially Excel), financial analysis, reporting, and modeling. These skills are critical for performing tasks such as preparing reports, analyzing data, and making financial decisions.
- Gain relevant experience: Gain hands-on experience through internships or entry-level roles. Even basic financial tasks, such as assisting with budgeting or financial reporting, will help you develop the practical knowledge needed for the role.
- Consider certification: While not mandatory, certifications like the FMVA or Excel certifications can enhance your qualifications. These certifications show your expertise in financial modeling and analysis, making you a stronger candidate.
- Advance your career: Seek opportunities for career growth by taking on more responsibilities or aiming for higher-level positions. With experience, you can transition to roles like Senior Financial Analyst or aim for higher positions such as Chief Financial Officer
- Salary expectations: Entry-level Junior Financial Analysts earn between $62,452 and $68,339 annually. Be aware of salary ranges in your location and industry to set realistic expectations for your career path.
What are the FAQs about Junior Financial Analyst?
Here are some common questions about junior financial analyst salary:
What is the average salary of a junior financial analyst in 2025?
As of March 2025, the average salary for a junior financial analyst in the United States is $68,339 per year or $33 per hour.
What is the salary range for junior financial analyst?
The salary range typically falls between $57,092 and $81,816 per year, depending on experience, location, and industry.
How much does junior financial analyst earn per month and per week?
The estimated monthly salary is approximately $5,695, while the weekly salary is around $1,314, with pay ranging from $1,098 to $1,573.
What is the median salary for a junior financial analyst?
The median salary, which represents average total compensation at the 50th percentile, is $70,124 per year, including base salary and bonuses.
What factors influence a junior financial analyst 's salary?
Salary variations depend on experience, location, industry demand, and specialized skills. More experienced junior financial analysts earn higher salaries, while those in cities with a higher cost of living typically receive better compensation. Industries such as financial modeling, forecasting, financial planning sectors may offer higher pay.
Understanding the common financial analyst salary trends and factors that affect financial analyst salaries, you can better navigate your career path. Whether you're an anonymous financial analyst employee or someone exploring this job title, this guide provides insights into recent financial analyst salaries and average finance salaries based on responses gathered from professionals across various company sizes.
