As of July 01, 2026, the average salary for a Financial Systems Analyst I in Massachusetts is $72,784 per year, which breaks down to an hourly rate of $35.
However, a Financial Systems Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Systems Analyst I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $75,280 | $6,273 | $1,448 | $36 |
| Average | $72,784 | $6,065 | $1,400 | $35 |
| 25th Percentile | $66,687 | $5,557 | $1,282 | $32 |
Berkeley Research Group, LLC - Boston, MA
L3Harris Technologies - Wilmington, MA
L3Harris Technologies - Boxborough, MA
L3Harris Technologies - Wilmington, MA
A Financial Systems 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.
Experience is a primary driver of a Financial Systems 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Financial Systems Analyst I | 0-2 years | $72,784 |
| Financial Systems Analyst II | 2-4 years | $82,862 |
| Financial Systems Analyst III | 4-7 years | $104,033 |
| Financial Systems Analyst IV | 7+ years | $123,005 |
| Financial Systems Analyst V | 7-10 years | $156,749 |
What Am I Worth?
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 Systems Analyst Is. For example, consider the average annual salaries in these key locations:
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:
Financial Systems Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $81,409. While startup companies pay approximate $68,848.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $68,848 |
| Growth Stage | 51~500 | $72,817 |
| Established | 501~5000 | $78,616 |
| Enterprise | 5000+ | $81,409 |
For Financial Systems Analyst I roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Internet and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Financial Systems Analyst positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Financial Systems Analyst I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $87,341 | $42.0 | 20% |
| Software & Networking | $87,341 | $42.0 | 20% |
| Aerospace & Defense | $80,063 | $38.0 | 10% |
| Financial Services | $80,063 | $38.0 | 10% |
| Insurance | $80,063 | $38.0 | 10% |
Understanding how a Financial Systems 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $75,280 | $6,273 | $1,448 | $36 |
| Average | $72,784 | $6,065 | $1,400 | $35 |
| 25th Percentile | $66,687 | $5,557 | $1,282 | $32 |
For a Financial Systems Analyst I, the most direct path to higher earnings is advancing to the Financial Systems Analyst II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $82,862 - a projected growth of 14% over your current level.
Ready to take the next step in your career? Browse thousands of current Financial Systems Analyst I job openings on our job board. Use the search bar below to find your perfect match.
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