What are the main factors that influence a Financial Modeler's salary?

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

How does experience change A Financial Modeler's salary?

A Financial Modeler's salary grows with experience: a Financial Planning Analyst I (0-2 years)earns $67,137, a Financial Modeler (2-4 years)earns $79,058, a Financial Planning Analyst III (4-7 years)earns $94,749, a Financial Planning Analyst IV (7+ years)earns $114,221, a Financial Planning Analyst V (7-10 years)earns $147,328,

What are the highest paying states for a Financial Modeler?

Financial Modeler salary varies significantly by state. The top 3 highest paying states for Financial Modeler roles are District of Columbia $87,099, California $86,769, Massachusetts $85,612. These tech hubs typically pay 10-15% above the national average.

How much do different types of Financial Modeler roles make?

Salaries for Financial Modeler level roles vary by specialization: Quantitative Modeler: $132,372; Predictive Modeler: $130,304; CAD Modeler: $106,192; Statistical Modeler: $105,927; Data Modeler: $105,470.

How do different companies affect a Financial Modeler's salary?

Company size, industry, and compensation structure create significant salary variations for Financial Modeler roles. Large, established industry leaders like C R Bard Inc ($128,509) and Henry Schein Canada ($124,697) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $82,041.

Financial Modeler Salary in the United States

How much does a Financial Modeler make in the United States?

As of June 01, 2026, the average salary for a Financial Modeler in the United States is $78,666 per year, which breaks down to an hourly rate of $38.

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

Top Earners (90th percentile): $89,919
Majority Range (25th-75th percentile): $73,024 to $84,556
Entry-Level (10th percentile): $67,887

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Financial Modeler Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$84,556	$7,046	$1,626	$41
Average	$78,666	$6,556	$1,513	$38
25th Percentile	$73,024	$6,085	$1,404	$35

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Key Factors That Influence Financial Modeler Salaries

A Financial Modeler'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 Modeler Salaries?

Experience is a primary driver of a Financial Modeler'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): $67,137
Early Career (1-2 years): $79,058
Mid-Level (2-4 years): $94,749
Senior-Level (5-8 years): $114,221
Expert (over 8 years): $147,328

Levels	Salary
Financial... Level Financial Modeler	$67,137
Financial... Level Financial Modeler	$79,058
Financial... Level Financial Modeler	$94,749
Financial... Level Financial Modeler	$114,221
Financial... Level Financial Modeler	$147,328

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What Am I Worth?

How Do Financial Modeler 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 Modelers. For example, consider the average annual salaries in these key locations:

District of Columbia: $87,099.
California: $86,769.
Massachusetts: $85,612.

District of Columbia $87,099 California $86,769 Massachusetts $85,612 Washington $85,298 New Jersey $85,266 Alaska $85,156 Connecticut $84,070 New York $83,630

Hawaii $82,222 Rhode Island $81,561 Maryland $81,113 Minnesota $80,499 Colorado $80,263 Illinois $80,184 Oregon $79,885 Delaware $79,665

New Hampshire $79,527 Virginia $79,217 Pennsylvania $78,312 Nevada $77,856 North Dakota $77,706 Michigan $77,470 Wisconsin $77,384 Vermont $77,211

Texas $76,731 Maine $76,699 Arizona $76,652 Ohio $76,597 Georgia $75,873 Indiana $75,512 Wyoming $75,441 Utah $75,331

Iowa $75,283 Kansas $74,906 Louisiana $74,796 North Carolina $74,756 Missouri $74,741 Florida $74,434 Montana $74,269 Nebraska $74,111

Kentucky $74,025 South Carolina $73,710 Tennessee $73,513 Idaho $73,435 New Mexico $72,861 Oklahoma $72,735 Alabama $72,271 South Dakota $71,492

Arkansas $71,067 West Virginia $70,839 Mississippi $70,154

Top Paying Cities for Financial Modelers

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: $99,222
San Francisco: $98,135
Oakland: $96,067

San Jose, CA $99,222

San Francisco, CA $98,135

Oakland, CA $96,067

New York, NY $90,575

Paramus, NJ $89,474

Queens Village, NY $89,470

Passaic, NJ $89,395

Bergenfield, NJ $89,388

Stamford, CT $89,215

Huntington, NY $89,183

Newark, NJ $88,602

Bridgeport, CT $88,436

Vallejo, CA $88,279

New Brunswick, NJ $88,248

Petaluma, CA $88,200

Middlesex, NJ $88,051

Somerset, NJ $87,996

Santa Cruz, CA $87,894

Boston, MA $87,414

Monterey, CA $87,138

Seattle, WA $86,958

Santa Rosa, CA $86,942

Los Angeles, CA $86,918

Juneau, AK $86,714

Washington, DC $86,627

Orange, CA $86,347

Santa Ana, CA $86,139

Long Beach, CA $86,061

Anaheim, CA $86,045

Anchorage, AK $86,006

Santa Maria, CA $85,770

Everett, WA $85,754

Danbury, CT $85,477

Bremerton, WA $85,368

Tacoma, WA $85,085

New Suffolk, NY $85,084

Sacramento, CA $85,062

Santa Barbara, CA $84,975

Trenton, NJ $84,889

San Diego, CA $84,889

Brockton, MA $84,802

Fairbanks, AK $84,609

Lompoc, CA $84,409

Lowell, MA $84,345

Ventura, CA $84,330

Nashua, NH $84,314

Stockton, CA $84,306

Modesto, CA $83,732

Poughkeepsie, NY $83,559

Olympia, WA $83,410

Kennewick, WA $83,410

New Haven, CT $83,378

Lawrence, MA $83,095

Hartford, CT $83,016

Riverside, CA $83,001

New Bedford, MA $82,922

Richland, WA $82,922

Bakersfield, CA $82,812

San Bernardino, CA $82,780

New Britain, CT $82,772

Atlantic City, NJ $82,772

New London, CT $82,741

Norwich, CT $82,717

Portsmouth, NH $82,702

Boulder, CO $82,535

Portland, OR $82,426

Worcester, MA $82,418

Minneapolis, MN $82,175

Philadelphia, PA $82,064

Honolulu, HI $81,805

Saint Paul, MN $81,767

Vineland, NJ $81,750

Providence, RI $81,522

Chicago, IL $81,294

Bellingham, WA $81,199

Springfield, MA $81,136

Baltimore, MD $81,113

Chico, CA $80,916

Pittsfield, MA $80,704

Manchester, NH $80,554

Spokane, WA $80,208

Denver, CO $80,200

Albany, NY $79,830

Troy, NY $79,799

Nassau, NY $79,715

Schenectady, NY $79,634

Wilmington, DE $79,571

Burlington, VT $79,461

Salem, OR $79,429

Portland, ME $79,185

Yakima, WA $79,107

Rochester, MN $78,863

Reno, NV $78,823

Fresno, CA $78,823

Milwaukee, WI $78,753

Detroit, MI $78,674

Ann Arbor, MI $78,661

Allentown, PA $78,650

Colorado Springs, CO $78,517

Syracuse, NY $78,477

Carson City, NV $78,477

Houston, TX $78,367

Eugene, OR $78,328

Gary, IN $78,233

Springfield, OR $78,171

Bismarck, ND $78,155

Galveston, TX $78,100

Medford, OR $77,982

Fort Collins, CO $77,950

Concord, NH $77,911

Austin, TX $77,887

Mesa, AZ $77,722

Reading, PA $77,714

Phoenix, AZ $77,706

Dallas, TX $77,683

Saint Cloud, MN $77,607

Madison, WI $77,502

Utica, NY $77,289

Rochester, NY $77,164

Des Moines, IA $77,156

Raleigh, NC $77,148

Atlanta, GA $77,030

Battle Creek, MI $77,006

Salt Lake City, UT $76,983

Lancaster, PA $76,865

Harrisburg, PA $76,755

Kansas City, MO $76,676

Champaign, IL $76,660

Kansas City, KS $76,660

Fort Worth, TX $76,652

Columbus, OH $76,639

Boca Raton, FL $76,621

Pittsburgh, PA $76,589

Richmond, VA $76,558

Indianapolis, IN $76,542

Cleveland, OH $76,534

Las Vegas, NV $76,440

Cincinnati, OH $76,440

Petersburg, VA $76,322

Huntsville, AL $76,204

Lansing, MI $76,151

Lebanon, PA $76,141

Pueblo, CO $76,133

Appleton, WI $76,109

Buffalo, NY $76,078

Dayton, OH $76,054

Racine, WI $76,039

Charlotte, NC $76,031

Saint Louis, MO $76,007

York, PA $75,960

Elkhart, IN $75,960

Gastonia, NC $75,945

Billings, MT $75,926

Beaumont, TX $75,905

Lorain, OH $75,889

Benton Harbor, MI $75,873

Toledo, OH $75,858

Binghamton, NY $75,818

Rock Hill, SC $75,811

Rockford, IL $75,771

Springfield, IL $75,740

Elyria, OH $75,732

Fargo, ND $75,732

Flagstaff, AZ $75,677

Fort Lauderdale, FL $75,630

Duluth, MN $75,582

Miami, FL $75,582

Cheyenne, WY $75,527

Grand Forks, ND $75,527

Bangor, ME $75,354

Cedar Rapids, IA $75,268

Durham, NC $75,235

Louisville, KY $75,228

Grand Rapids, MI $75,213

Hialeah, FL $75,205

Casper, WY $75,095

Scranton, PA $75,000

New Orleans, LA $74,977

Virginia Beach, VA $74,969

Akron, OH $74,929

Peoria, IL $74,827

Sarasota, FL $74,811

Nashville, TN $74,756

Omaha, NE $74,756

Green Bay, WI $74,756

Baton Rouge, LA $74,717

Charleston, SC $74,701

Jamestown, NY $74,662

Davenport, IA $74,662

Tucson, AZ $74,623

Saint Petersburg, FL $74,575

Tampa, FL $74,560

Evansville, IN $74,513

Port Arthur, TX $74,513

Bradenton, FL $74,481

Santa Fe, NM $74,339

Orlando, FL $74,198

Clearwater, FL $74,174

Canton, OH $74,009

La Crosse, WI $74,009

Albuquerque, NM $73,962

Newport News, VA $73,954

High Point, NC $73,930

Ogden, UT $73,899

Corpus Christi, TX $73,836

Norfolk, VA $73,789

Laramie, WY $73,789

Rock Island, IL $73,742

Saginaw, MI $73,726

Jacksonville, FL $73,718

Salisbury, NC $73,702

Boise, ID $73,687

Moline, IL $73,647

Fort Myers, FL $73,624

Memphis, TN $73,608

Tulsa, OK $73,569

Waterloo, IA $73,521

Spartanburg, SC $73,443

Lincoln, NE $73,403

Fort Wayne, IN $73,388

Provo, UT $73,380

Cedar Falls, IA $73,285

San Antonio, TX $73,254

Greensboro, NC $73,222

South Bend, IN $73,215

Savannah, GA $73,128

Muskegon, MI $73,097

Birmingham, AL $73,089

Winston Salem, NC $73,050

Lake Charles, LA $72,861

Anderson, IN $72,845

Lexington, KY $72,821

Augusta, GA $72,798

Greenville, SC $72,798

Lima, OH $72,735

Wichita, KS $72,727

Tuscaloosa, AL $72,727

Columbia, SC $72,656

Springfield, OH $72,640

Asheville, NC $72,514

Bloomington, IN $72,459

Knoxville, TN $72,176

Shreveport, LA $72,168

Wilmington, NC $72,066

Roanoke, VA $72,066

Topeka, KS $71,924

Frankfort, KY $71,916

Oklahoma City, OK $71,861

Chillicothe, OH $71,830

Longview, TX $71,822

Melbourne, FL $71,814

Sioux Falls, SD $71,688

Mobile, AL $71,681

Terre Haute, IN $71,649

Altoona, PA $71,602

Amarillo, TX $71,547

Killeen, TX $71,523

Fayetteville, AR $71,460

Chattanooga, TN $71,437

Sioux City, IA $71,366

Idaho Falls, ID $71,350

Lynchburg, VA $71,287

Gainesville, FL $71,185

Portsmouth, OH $71,146

Little Rock, AR $71,130

Lafayette, LA $71,098

Youngstown, OH $71,098

Daytona Beach, FL $71,051

Clarksville, TN $71,043

Pensacola, FL $71,035

Temple, TX $71,030

Hopkinsville, KY $70,799

Erie, PA $70,784

Florence, SC $70,752

Charleston, WV $70,626

Great Falls, MT $70,587

Macon, GA $70,477

Tallahassee, FL $70,469

Fayetteville, NC $70,453

Waco, TX $70,438

Helena, MT $70,383

Pine Bluff, AR $70,353

Vincennes, IN $70,257

Lubbock, TX $70,225

Alamogordo, NM $70,178

Twin Falls, ID $70,107

Rapid City, SD $70,084

Jackson, MS $69,942

Huntington, WV $69,937

Greenville, MS $69,934

Parkersburg, WV $69,854

Montgomery, AL $69,840

Wichita Falls, TX $69,761

Springfield, MO $69,761

Biloxi, MS $69,722

Monroe, LA $69,643

Johnstown, PA $69,588

Sumter, SC $69,557

Columbus, GA $69,549

Pascagoula, MS $69,399

Abilene, TX $69,399

Kingsport, TN $69,195

Albany, GA $69,195

Gulfport, MS $69,171

Alexandria, LA $68,912

Fort Smith, AR $68,715

El Paso, TX $68,502

Las Cruces, NM $68,148

Harlingen, TX $67,949

Pocatello, ID $67,936

Florence, AL $67,834

Brownsville, TX $67,818

Mcallen, TX $67,653

Dothan, AL $67,543

Columbus, MS $67,075

Altus, OK $66,709

Lawton, OK $66,559

Pierre, SD $66,276

What Skills Can Increase a Financial Modeler's Salary?

Demanded Skills for the Role:

Analysis (Mentioned in 16.33% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Planning (Mentioned in 1.61% Job Postings): In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.
CPA (Mentioned in 1.05% Job Postings): A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

See More Skills

Skills	Demand Percentage
Analysis	16.33%
Financial Planning	1.61%
CPA	1.05%

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 Modeler's salary.

Consulting: Can increase your salary by up to 6%.
Insight: Can increase your salary by up to 4%.
Project Management: Can increase your salary by up to 4%.

Skill	Salary	Salary % Increase
Consulting	$83,386	6%
Insight	$81,813	4%
Project Management	$81,813	4%
Collaboration	$81,026	3%
Leadership	$81,026	3%
SQL	$81,026	3%

Get Latest Data

How Education impacts a Financial Modeler's Salary?

Your level of education can impact your salary potential. While many Financial Modelers 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 Modeler with a Bachelor's Degree is between $77,760 and $82,194).

Financial Modeler Salaries by Degree Level

Typical Education for Financial Modeler

No Diploma 1.4%

High School 1.4%

Associates 1.5%

Bachelors 52.3%

Masters 44.3%

Doctorate 0.5%

view as table

Degree Level	% of user with this level of education
No Diploma	1.4%
High School	1.4%
Associates	1.5%
Bachelors	52.3%
Masters	44.3%
Doctorate	0.5%

view as graph

Financial Modeler Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Financial Modeler'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 June 01, 2026

$73,024

Average $78,666/year

$84,556

$6,085

Average $6,556/month

$7,046

$1,404

Average $1,513/week

$1,626

$35

Average $38/hour

$41

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$84,556	$7,046	$1,626	$41
Average	$78,666	$6,556	$1,513	$38
25th Percentile	$73,024	$6,085	$1,404	$35

Salaries of jobs related to Financial Modeler

Salary Trends for Financial Modeler

Salaries for a Financial Modeler can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $73,232 in 2023 to around $72,924 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Financial Modeler salary trends, .

Average Annual Salary of Financial Modeler Over Time

2022

$???

2023

$73,232

2024

$73,298

2025

$72,924

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$73,232
2024	$73,298
2025	$72,924
2026	View More
2027	View More

Most common benefits for Financial Modeler

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Healthcare

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