Financial Engineer III Salary in the United States

How much does a Financial Engineer III make in the United States?

As of September 01, 2026, the average salary for a Financial Engineer III in the United States is $113,722 per year, which breaks down to an hourly rate of $55.

However, a Financial Engineer III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $127,588
  • Majority Range (25th-75th percentile): $106,269 to $120,980
  • Entry-Level (10th percentile): $99,483

Key Factors That Influence Financial Engineer III Salaries

A Financial Engineer III'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, education and company size can directly affect your earning potential.

How Experience Level Affects Financial Engineer Salaries?

Experience is a primary driver of a Financial Engineer III'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:

  • Entry-Level (less than 1 year): $81,424
  • Early Career (1-2 years): $94,163
  • Mid-Level (2-4 years): $113,188
  • Senior-Level (5-8 years): $143,270
  • Expert (over 8 years): $165,414
Levels Salary
Engineer ... Level Financial Engineer III$81,424
Engineer ... Level Financial Engineer III$94,163
Financial... Level Financial Engineer III$113,188
Engineer ... Level Financial Engineer III$143,270
Engineer ... Level Financial Engineer III$165,414

How Do Financial Engineer III 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 Engineer IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $125,913.
  • California: $125,435.
  • Massachusetts: $123,764.

Top Paying Cities for Financial Engineer IIIs

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: $143,438
  • San Francisco: $141,867
  • Oakland: $138,877

What Skills Can Increase a Financial Engineer III's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 6.08% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • API (Mentioned in 2.09% Job Postings): An application programming interface is a way for two or more computer programs to communicate with each other. It is a type of software interface, offering a service to other pieces of software.
  • Java (Mentioned in 1.71% Job Postings): Using Java in the development and maintenance of application programs and systems.
Skills Demand Percentage
Analysis 6.08%
API 2.09%
Java 1.71%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Financial Engineer III's salary.

  • DevOps: Can increase your salary by up to 10%.
  • JavaScript: Can increase your salary by up to 8%.
  • Test Automation: Can increase your salary by up to 7%.
Skill Salary Salary % Increase
DevOps $125,094
10%
JavaScript $122,820
8%
Test Automation $121,683
7%

Financial Engineer III Salary by Industry: Top Paying Sectors

For Financial Engineer III roles, the industry you choose can affect earning potential by as much as 75% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Aerospace & Defense sectors offer the strongest compensation, at 40% above the average. In contrast, Financial Engineer positions in Financial Services or Biotechnology typically offer lower base pay, as these industries often view Financial Engineer III as a support function rather than a direct revenue driver.

The top paying industries for a Financial Engineer III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$159,211$77.040%
Aerospace & Defense$147,839$71.030%
Media$138,741$67.022%
Healthcare$136,466$66.020%
Retail & Wholesale$131,918$63.016%

How Education impacts a Financial Engineer III's Salary?

Your level of education can impact your salary potential. While many Financial Engineer IIIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Financial Engineer III with a Bachelor's Degree is between $105,951 and $111,242).

Financial Engineer III Salaries by Degree Level

Typical Education for Financial Engineer III
Degree Level % of user with this level of education
No Diploma 0.2%
High School 2.6%
Associates 3.5%
Bachelors 36.5%
Masters 41.6%
Doctorate 15.5%

Financial Engineer III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Financial Engineer III'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 September 01, 2026
$106,269
Average $113,722/year
$120,980
$8,856
Average $9,477/month
$10,082
$2,044
Average $2,187/week
$2,327
$51
Average $55/hour
$58
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $120,980 $10,082 $2,327 $58
Average $113,722 $9,477 $2,187 $55
25th Percentile $106,269 $8,856 $2,044 $51

Most common benefits for Financial Engineer III

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

Common company salaries for Financial Engineer III

Here are companies hiring for Financial Engineer III and their salaries, click below for more details.

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FAQ about Financial Engineer III

1. What industry pays the highest salary for Financial Engineer III?

The Energy & Utilities industry offers the highest average compensation for Financial Engineer III roles, with salaries approximately 40% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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