As of August 01, 2026, the average salary for a Financial Modeler in Utah is $75,329 per year, which breaks down to an hourly rate of $36.
However, a Financial Modeler's salary can vary significantly. Here’s a look at the typical salary range:
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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 and company size can directly affect your earning potential.
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:
| Levels | Salary |
|---|---|
| Financial... Level Financial Modeler | $64,288 |
| Financial... Level Financial Modeler | $75,704 |
| Financial... Level Financial Modeler | $90,732 |
| Financial... Level Financial Modeler | $109,379 |
| Financial... Level Financial Modeler | $141,071 |
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 Modelers. For example, consider the average annual salaries in these key locations:
For Financial Modeler roles, the industry you choose can affect earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 5% above the average. In contrast, Financial Modeler positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view Financial Modeler as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $79,095 | $38.0 | 5% |
| Business Services | $79,095 | $38.0 | 5% |
| Construction | $79,095 | $38.0 | 5% |
| Energy & Utilities | $79,095 | $38.0 | 5% |
| Healthcare | $79,095 | $38.0 | 5% |
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 August 01, 2026Ready to take the next step in your career? Browse thousands of current Financial Modeler job openings on our job board. Use the search bar below to find your perfect match.
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