What are the main factors that influence an External Financial Modeling Analyst I's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for External Financial Modeling Analyst I?

The Aerospace & Defense industry offers the highest average compensation for External Financial Modeling Analyst I roles, with salaries approximately 25% above the market median.

How does experience change An External Financial Modeling Analyst 's salary?

An External Financial Modeling Analyst 's salary grows with experience: an External Financial Modeling Analyst I (0-2 years)earns $87,535, an External Financial Modeling Analyst II (2-4 years)earns $108,306, an External Financial Modeling Analyst III (4-7 years)earns $111,370, an External Financial Modeling Analyst IV (7+ years)earns $130,010,

What are the highest paying states for an External Financial Modeling Analyst I?

External Financial Modeling Analyst I salary varies significantly by state. The top 3 highest paying states for External Financial Modeling Analyst I roles are District of Columbia $93,500, California $93,200, Massachusetts $91,900. These tech hubs typically pay 10-15% above the national average.

How much do different types of External Financial Modeling Analyst roles make?

Salaries for External Financial Modeling Analyst level roles vary by specialization: Manager, External Financial Reporting: $131,355; External Financial Modeling Analyst IV: $125,400; External Financial Modeling Analyst III: $107,500; External Financial Modeling Analyst II: $104,500; Modeling Analyst: $104,290.

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External Financial Modeling Analyst I Salary in Rhode Island

How much does an External Financial Modeling Analyst I make in Rhode Island?

As of August 01, 2026, the average salary for an External Financial Modeling Analyst I in Rhode Island is $87,600 per year, which breaks down to an hourly rate of $42.

However, an External Financial Modeling Analyst I's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $100,209
Majority Range (25th-75th percentile): $78,500 to $94,200
Entry-Level (10th percentile): $70,215

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External Financial Modeling Analyst I Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$94,200	$7,850	$1,812	$45
Average	$87,600	$7,300	$1,685	$42
25th Percentile	$78,500	$6,542	$1,510	$38

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Key Factors That Influence External Financial Modeling Analyst I Salaries

An External Financial Modeling Analyst I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects External Financial Modeling Analyst Salaries?

Experience is a primary driver of an External Financial Modeling Analyst I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

External Financial Modeling Analyst I (0-2 years): $87,535
External Financial Modeling Analyst II (2-4 years): $108,306
External Financial Modeling Analyst III (4-7 years): $111,370
External Financial Modeling Analyst IV (7+ years): $130,010

Job Role	Years of Experience	Average Salary
External Financial Modeling Analyst I	0-2 years	$87,535
External Financial Modeling Analyst II	2-4 years	$108,306
External Financial Modeling Analyst III	4-7 years	$111,370
External Financial Modeling Analyst IV	7+ years	$130,010

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How Do External Financial Modeling Analyst I Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract External Financial Modeling Analyst Is. For example, consider the average annual salaries in these key locations:

District of Columbia: $93,500.
California: $93,200.
Massachusetts: $91,900.

District of Columbia $93,500 California $93,200 Massachusetts $91,900 Washington $91,600 New Jersey $91,600 Alaska $91,400 Connecticut $90,300 New York $89,800

Hawaii $88,300 Rhode Island $87,600 Maryland $87,100 Minnesota $86,400 Colorado $86,200 Illinois $86,100 Oregon $85,800 Delaware $85,600

New Hampshire $85,400 Virginia $85,100 Pennsylvania $84,100 Nevada $83,600 North Dakota $83,400 Michigan $83,200 Wisconsin $83,100 Vermont $82,900

Maine $82,400 Texas $82,400 Arizona $82,300 Ohio $82,300 Georgia $81,500 Indiana $81,100 Wyoming $81,000 Utah $80,900

Iowa $80,800 Kansas $80,400 Missouri $80,300 Louisiana $80,300 North Carolina $80,300 Florida $79,900 Montana $79,800 Nebraska $79,600

Kentucky $79,500 South Carolina $79,200 Tennessee $78,900 Idaho $78,900 New Mexico $78,200 Oklahoma $78,100 Alabama $77,600 South Dakota $76,800

Arkansas $76,300 West Virginia $76,100 Mississippi $75,300

Top Paying Cities for External Financial Modeling Analyst Is

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Adamsville: $88,700
Albion: $87,900
Ashaway: $88,500

Adamsville, RI $88,700 Albion, RI $87,900 Ashaway, RI $88,500 Barrington, RI $87,700 Block Island, RI $88,200 Bradford, RI $88,500 Bristol, RI $88,000 Carolina, RI $88,300

Charlestown, RI $88,300 Chepachet, RI $88,200 Clayville, RI $87,900 Coventry, RI $87,900 West Greenwich, RI $88,200 East Greenwich, RI $87,900 Exeter, RI $88,100 Fiskeville, RI $87,700

Forestdale, RI $88,400 Foster, RI $88,100 Glendale, RI $88,400 Greene, RI $88,200 Greenville, RI $87,700 Harmony, RI $87,800 Harrisville, RI $88,300 Hope, RI $87,800

Hope Valley, RI $88,400 Hopkinton, RI $88,500 Jamestown, RI $88,300 Kenyon, RI $88,300 Little Compton, RI $88,700 Manville, RI $88,000 Mapleville, RI $88,200 Newport, RI $88,300

Middletown, RI $88,400 North Kingstown, RI $88,000 North Scituate, RI $87,800 Oakland, RI $88,300 Pascoag, RI $88,400 Pawtucket, RI $87,600 Central Falls, RI $87,600 Cumberland, RI $88,100

Lincoln, RI $87,700 Portsmouth, RI $88,300 Prudence Island, RI $88,200 Rockville, RI $88,500 Saunderstown, RI $88,200 Shannock, RI $88,300 Slatersville, RI $88,400 Slocum, RI $88,200

Tiverton, RI $88,600 Wakefield, RI $88,300 Kingston, RI $88,200 Narragansett, RI $88,300 Peace Dale, RI $88,300 Warren, RI $87,900 Warwick, RI $87,700 Westerly, RI $88,500

West Kingston, RI $88,300 West Warwick, RI $87,800 Wood River Junction, RI $88,400 Woonsocket, RI $88,400 North Smithfield, RI $88,200 Wyoming, RI $88,300 Providence, RI $87,500 Cranston, RI $87,600

North Providence, RI $87,600 East Providence, RI $87,500 Riverside, RI $87,600 Rumford, RI $87,600 Smithfield, RI $87,700 Johnston, RI $87,600

External Financial Modeling Analyst I Salary by Company Size: Startups vs. Enterprise

External Financial Modeling Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $98,063. While startup companies pay approximate $82,959.

External Financial Modeling Analyst I Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$82,959
Growth Stage	51~500	$87,739
Established	501~5000	$94,697
Enterprise	5000+	$98,063

External Financial Modeling Analyst I Salary by Industry: Top Paying Sectors

For External Financial Modeling Analyst I roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, External Financial Modeling Analyst positions in MFG Durable or Media typically offer lower base pay, as these industries often view External Financial Modeling Analyst I as a support function rather than a direct revenue driver.

The top paying industries for an External Financial Modeling Analyst I

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Aerospace & Defense	$109,500	$53.0	25%
Biotechnology	$109,500	$53.0	25%
Business Services	$109,500	$53.0	25%
Chemicals	$109,500	$53.0	25%
Construction	$100,740	$48.0	15%

External Financial Modeling Analyst I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an External Financial Modeling Analyst I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

$78,500

Average $87,600/year

$94,200

$6,542

Average $7,300/month

$7,850

$1,510

Average $1,685/week

$1,812

$38

Average $42/hour

$45

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$94,200	$7,850	$1,812	$45
Average	$87,600	$7,300	$1,685	$42
25th Percentile	$78,500	$6,542	$1,510	$38

External Financial Modeling Analyst I Salary Growth & Career Path

External Financial Modeling Analyst I

Audit Consultant II

Data Analytics Advisor II

External Financial Modeling Analyst II

Professional Services Consultant II

Audit Consultant III

Data Analytics Advisor III

External Financial Modeling Analyst III

VP of Professional Services Consulting

Promotions are the fastest way to increase your earnings. As an External Financial Modeling Analyst I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

External Financial Modeling Analyst I Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Audit Consultant II	$108,400	24%
Data Analytics Advisor II	$108,400	24%
External Financial Modeling Analyst II	$108,400	24%
Professional Services Consultant II	$80,000	-9%

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