As of July 01, 2026, the average salary for a Quantitative Modeler III in the United States is $110,652 per year, which breaks down to an hourly rate of $53.
However, a Quantitative Modeler III's salary can vary significantly. Here’s a look at the typical salary range:
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A Quantitative Modeler 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.
Experience is a primary driver of a Quantitative Modeler 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:
| Levels | Salary |
|---|---|
| Physicist... Level Quantitative Modeler III | $74,439 |
| Physicist... Level Quantitative Modeler III | $93,553 |
| Quantitat... Level Quantitative Modeler III | $109,759 |
| Physicist... Level Quantitative Modeler III | $142,828 |
| Physicist... Level Quantitative Modeler III | $159,466 |
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 Quantitative Modeler IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 11.42% |
| Quality Assurance | 6.52% |
| Quality Control | 1.11% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Verbal Communication
|
$144,954 |
31%
|
|
Project Management
|
$129,463 |
17%
|
|
Dedication
|
$122,824 |
11%
|
|
Flexibility
|
$121,717 |
10%
|
|
Coordination
|
$120,611 |
9%
|
|
Critical Thinking
|
$120,611 |
9%
|
For Quantitative Modeler III roles, the industry you choose can affect earning potential by as much as 115% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 40% above the average. In contrast, Quantitative Modeler positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Quantitative Modeler III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $154,913 | $74.0 | 40% |
| Pharmaceuticals | $143,848 | $69.0 | 30% |
| Biotechnology | $138,315 | $66.0 | 25% |
| Energy & Utilities | $132,782 | $64.0 | 20% |
| Chemicals | $121,717 | $59.0 | 10% |
Your level of education can impact your salary potential. While many Quantitative Modeler IIIs enter the field with a Master's Degree or MBA 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 Quantitative Modeler III with a Master's Degree or MBA is between $105,014 and $116,512).
Quantitative Modeler III Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 3.3% |
| High School | 15.2% |
| Associates | 81.5% |
| Bachelors | 3.3% |
| Masters | 15.2% |
| Doctorate | 81.5% |
Understanding how a Quantitative Modeler 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 July 01, 2026Salaries for a Quantitative Modeler III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $84,449 in 2023 to around $82,300 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Quantitative Modeler III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $84,449 |
| 2024 | $83,672 |
| 2025 | $82,300 |
| 2026 |
View More
|
| 2027 |
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|
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The Software & Networking industry offers the highest average compensation for Quantitative Modeler III roles, with salaries approximately 40% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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