Phoenix · Occupational wage benchmark
Financial and Investment Analysts Salary in Phoenix
What Financial and Investment Analysts actually earn in the Phoenix metro area — the published BLS median, what it is worth after local costs, and how it ranks against other major metros.
Sources: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Phoenix-Mesa-Chandler, AZ metro estimates for SOC 13-2051; cost-of-living adjustment from U.S. Bureau of Economic Analysis — Regional Price Parities by Metropolitan Statistical Area (MARPP) (2024). Occupational wage benchmarks across all workers, not MBA-specific outcomes.
- Median annual wage
- $94,700
- Financial and Investment Analysts in Phoenix
- Adjusted for cost of living
- $91,661
- Phoenix price level 103.3 (U.S. = 100)
- Rank among metros
- #35 of 49
- #36 after cost of living
- Workers employed
- 4,510
- in metro Phoenix
What Financial and Investment Analysts earn in Phoenix, adjusted for what it costs to live there
A headline wage only means something next to local prices. Once local prices are accounted for, Phoenix drops 1 place — a higher headline wage is partly consumed by a higher cost of living.
| Metro | Median (nominal) | Adjusted for cost of living |
|---|---|---|
| San Jose | $144,910 | $131,232 |
| San Francisco | $130,520 | $112,894 |
| New York | $128,930 | $114,540 |
| Seattle | $124,790 | $112,289 |
| Boston | $117,520 | $108,547 |
| Portland | $117,280 | $111,249 |
| Washington DC | $108,330 | $99,491 |
| Charlotte | $106,510 | $109,412 |
| San Diego | $106,040 | $94,774 |
| Miami | $105,160 | $92,120 |
| Denver | $104,480 | $98,769 |
| Richmond | $104,160 | $106,440 |
| Sacramento | $103,980 | $97,478 |
| Minneapolis | $103,350 | $98,596 |
| Los Angeles | $102,260 | $90,045 |
| Chicago | $101,750 | $98,219 |
| Houston | $101,660 | $103,073 |
| Detroit | $101,550 | $101,248 |
| Austin | $101,530 | $103,532 |
| Riverside | $101,150 | $95,028 |
Nominal medians: BLS OEWS, May 2024 estimates (published April 2025) — occupational wage benchmarks across all workers, not MBA-specific outcomes. Adjusted column: SalaryMBA estimate, computed as nominal ÷ (metro RPP ÷ 100) using BEA MARPP 2024 regional price parities.
The national pay range for Financial and Investment Analysts
BLS publishes the full percentile distribution nationally. The spread within the occupation is usually far wider than the gap between metros.
| Percentile (national) | Annual wage | Reading |
|---|---|---|
| 10th percentile | $63,720 | Entry / early-career end |
| 25th percentile | $79,290 | |
| Median (50th) | $102,740 | |
| 75th percentile | $133,340 | |
| 90th percentile | $180,860 | Senior / top-market end |
Other MBA-relevant roles in Phoenix
How to read the Phoenix number
The $94,700 median means half of Financial and Investment Analysts in the Phoenix area earn less and half earn more. It is measured across everyone in the occupation — every experience level, industry, and level of education. It is not the salary of a recent MBA graduate, and it is not a starting salary.
BLS counts roughly 4,510 people in this role in the Phoenix area. To compare against the state and national picture, see Financial and Investment Analysts nationally or model your own economics with the MBA ROI calculator.
Frequently asked questions
How much do Financial and Investment Analysts make in Phoenix?
Financial and Investment Analysts in the Phoenix metro area earn a median of $94,700 per year, according to BLS OEWS May 2024 estimates (published April 2025). That is -7.8% vs national, ranking Phoenix #35 of 49 major metros we track for this role. This is an occupational wage benchmark across all workers in the metro, not an MBA-graduate-specific salary.
Is $94,700 a good salary in Phoenix?
It depends on local prices. The Phoenix area price level is 103.3 against a U.S. average of 100, so $94,700 there carries roughly the purchasing power of $91,661 nationally — about $3,039 less than the headline number implies. Once local prices are accounted for, Phoenix drops 1 place — a higher headline wage is partly consumed by a higher cost of living.
Do Financial and Investment Analysts in Phoenix need an MBA?
These BLS figures cover everyone in the occupation regardless of degree, so they cannot isolate what an MBA adds. Financial and Investment Analysts is a role MBA graduates commonly target, and an MBA can affect where you land within the range through network, function, and seniority — but any precise MBA premium for this role in Phoenix would not be supported by this data.
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