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Hourly Wage for Financial Modeling Consultant I Salary in the United States

What is the hourly salary range of Financial Modeling Consultant I?

As of August 01, 2026, the average hourly rate for a Financial Modeling Consultant I in the United States is $41, which translates to an annual salary of about $84,428.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $46 per hour
  • Majority Range (25th-75th percentile): $36 to $44 per hour
  • Entry-Level (10th percentile): $33 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Financial Modeling Consultant I Salaries

A Financial Modeling Consultant 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 Financial Modeling Consultant I Salaries?

Experience is a primary driver of a Financial Modeling Consultant 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:

  • Financial Modeling Consultant I (0-2 years): $84,428
  • Financial Modeling Consultant II (2-4 years): $104,462
  • Financial Modeling Consultant III (4-7 years): $107,417
  • Financial Modeling Consultant IV (7+ years): $125,395
Job Role Years of Experience Average Salary
Financial Modeling Consultant I0-2 years$84,428
Financial Modeling Consultant II2-4 years$104,462
Financial Modeling Consultant III4-7 years$107,417
Financial Modeling Consultant IV7+ years$125,395
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How Do Financial Modeling Consultant Is 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 Financial Modeling Consultant Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $93,479.
  • California: $93,124.
  • Massachusetts: $91,883.

Top Paying Cities for Financial Modeling Consultant I

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:

  • San Jose: $106,489
  • San Francisco: $105,323
  • Oakland: $103,103

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

Financial Modeling Consultant I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $94,512. While startup companies pay approximate $79,955.

Financial Modeling Consultant I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $79,955
Growth Stage 51~500 $84,562
Established 501~5000 $91,268
Enterprise 5000+ $94,512

Financial Modeling Consultant I Salary by Industry: Top Paying Sectors

For Financial Modeling Consultant 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, Financial Modeling Consultant positions in MFG Durable or Media typically offer lower base pay, as these industries often view Financial Modeling Consultant I as a support function rather than a direct revenue driver.

The top paying industries for a Financial Modeling Consultant I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$105,535$51.025%
Biotechnology$105,535$51.025%
Business Services$105,535$51.025%
Chemicals$105,535$51.025%
Construction$97,092$47.015%

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

Understanding how a Financial Modeling Consultant 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
$75,657
Average $84,428/year
$90,804
$6,305
Average $7,036/month
$7,567
$1,455
Average $1,624/week
$1,746
$36
Average $41/hour
$44
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $90,804 $7,567 $1,746 $44
Average $84,428 $7,036 $1,624 $41
25th Percentile $75,657 $6,305 $1,455 $36

Most common benefits for Financial Modeling Consultant I

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Financial Modeling Consultant I

Here are companies hiring for Financial Modeling Consultant I and their salaries, click below for more details.

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FAQ about Financial Modeling Consultant I

1. What are the responsibilities of Financial Modeling Consultant I?

Responsible for developing and refining models to forecast financial performance and provide strategic guidance to clients. Evaluates financial data, market research, and historical performance to identify trends and make recommendations. Provides strategic guidance on how to successfully implement changes to align with strategic goals. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Stays current on industry best practices and emerging trends and makes recommendations to clients accordingly. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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