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How much does a Quantitative Analyst make?

The average salary for a Quantitative Analyst is $129,554 per year in the US.

Quantitative Analysts use math and statistics to help companies make smart financial decisions. The pay for this role can vary a lot, depending on experience and location. Generally, these professionals earn a solid income. The average yearly salary for a Quantitative Analyst is around $129,554. This number can change based on several factors.


Here are some typical salary ranges for Quantitative Analysts, showing how much one might expect to earn at different points in their career:

  • At the beginning: $57,630
  • With some experience: $72,845
  • Mid-level: $88,061
  • Experienced: $103,276
  • Senior level: $118,492
  • Highly experienced: $133,707
  • Very senior: $148,923
  • Top level: $164,138
  • Very top level: $179,354
  • Top, top level: $194,569
  • The highest: $209,785
  • Peak level: $225,000

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What are the highest paying cities for a Quantitative Analyst?

Cities like San Francisco, Washington, DC, and Dallas offer the highest pay for Quantitative Analysts. These locations provide excellent opportunities for those in the field. Job seekers can find competitive salaries and benefits in these urban centers.
Graph displaying highest paying cities salaries for Quantitative Analyst jobs, highlighting San Francisco, CA with the highest at $162,820 and Atlanta, GA with the lowest at $123,234.
  1. San Francisco, CA
    Average Salary: $162,820
    In San Francisco, analysts work in a tech-driven environment. Many opportunities exist in finance and tech companies. Top firms include Goldman Sachs and Visa.
    Find Quantitative Analyst jobs in San Francisco, CA


  2. Washington, DC
    Average Salary: $157,447
    Working in Washington, DC, analysts focus on government and financial sectors. Major employers range from federal agencies to private banks. Companies like Fidelity and Fannie Mae are prominent.
    Find Quantitative Analyst jobs in Washington, DC


  3. Dallas, TX
    Average Salary: $142,096
    In Dallas, analysts enjoy a blend of finance and energy industries. Major employers include JP Morgan and Energy Future Holdings. The city offers a mix of corporate and entrepreneurial opportunities.
    Find Quantitative Analyst jobs in Dallas, TX


  4. Boston, MA
    Average Salary: $137,983
    Boston offers a vibrant scene with many financial institutions. Analysts can find roles in biotech and finance. Companies like State Street and Fidelity are top employers.
    Find Quantitative Analyst jobs in Boston, MA


  5. San Antonio, TX
    Average Salary: $136,853
    San Antonio is a growing hub for analysts. The city offers a mix of finance and tech jobs. Top employers include Valero Energy and AT&T.
    Find Quantitative Analyst jobs in San Antonio, TX


  6. Charlotte, NC
    Average Salary: $131,459
    Charlotte boasts a strong financial sector. Analysts find roles in banking and finance. Companies like Bank of America and Wells Fargo are major employers.
    Find Quantitative Analyst jobs in Charlotte, NC


  7. Houston, TX
    Average Salary: $128,473
    Houston is a key city for energy and finance. Analysts find roles in both sectors. Companies like BP and Goldman Sachs are significant employers.
    Find Quantitative Analyst jobs in Houston, TX


  8. Baltimore, MD
    Average Salary: $128,434
    Baltimore offers a mix of finance, healthcare, and tech jobs. Analysts can find roles in both public and private sectors. Major employers include Legg Mason and T. Rowe Price.
    Find Quantitative Analyst jobs in Baltimore, MD


  9. Pittsburgh, PA
    Average Salary: $126,059
    Pittsburgh offers a unique mix of finance and tech. Analysts find roles in healthcare and finance. Companies like PNC and Highmark offer many opportunities.
    Find Quantitative Analyst jobs in Pittsburgh, PA


  10. Atlanta, GA
    Average Salary: $123,234
    In Atlanta, analysts enjoy a mix of finance and tech jobs. The city is known for its growing startup scene. Major employers include SunTrust and Coca-Cola.
    Find Quantitative Analyst jobs in Atlanta, GA

What are the best companies a Quantitative Analyst can work for?

Citi leads the pack as the best-paying company for Quantitative Analysts, offering an average salary of $188,175. Known for its robust financial services, Citi provides a competitive environment for professionals in this field. Freddie Mac follows closely with an average salary of $162,841, making it another top choice for those seeking high compensation in quantitative analysis.
Graph displaying best paying company salaries for Quantitative Analyst jobs, highlighting Citi with the highest at $188,175 and M&T Bank with the lowest at $129,488.
  1. Citi
    Average Salary: $188,175
    Citi offers Quantitative Analyst roles with a focus on risk management, trading strategies, and financial modeling. The company operates globally with major hubs in New York, London, and Hong Kong.


  2. Freddie Mac
    Average Salary: $162,841
    Freddie Mac provides Quantitative Analyst positions that involve analyzing mortgage data, market trends, and financial risk. The company operates across the U.S., with its headquarters in McLean, Virginia.


  3. Fidelity Investments
    Average Salary: $160,250
    Fidelity Investments looks for Quantitative Analysts to work on investment strategies, financial analysis, and data-driven decision-making. The company operates in many locations in the U.S., with a significant presence in Boston, Massachusetts.


  4. Pacific Gas and Electric
    Average Salary: $154,986
    Pacific Gas and Electric hires Quantitative Analysts to focus on energy data analysis, financial forecasting, and risk assessment. The company operates throughout California.


  5. Barclays
    Average Salary: $154,584
    Barclays offers Quantitative Analyst jobs that involve market analysis, risk management, and trading strategies. The bank has offices worldwide, with significant locations in London and New York.


  6. PNC Financial Services Group
    Average Salary: $147,761
    PNC Financial Services Group seeks Quantitative Analysts for roles in financial modeling, risk assessment, and investment strategies. The company operates mainly in the U.S., with headquarters in Pittsburgh, Pennsylvania.


  7. Youtube
    Average Salary: $147,647
    Youtube employs Quantitative Analysts to analyze user data, content performance, and advertising effectiveness. The company is part of Google LLC and operates globally, with headquarters in San Bruno, California.


  8. Bank of America
    Average Salary: $140,580
    Bank of America provides Quantitative Analyst positions that involve financial analysis, risk management, and market research. The bank has a nationwide presence in the U.S., with a major hub in Charlotte, North Carolina.


  9. Huntington Bank
    Average Salary: $131,667
    Huntington Bank hires Quantitative Analysts for roles in financial modeling, risk analysis, and investment strategies. The company operates mainly in the Midwest and East Coast of the U.S., with a headquarters in Columbus, Ohio.


  10. M&T Bank
    Average Salary: $129,488
    M&T Bank offers Quantitative Analyst positions focusing on financial analysis, risk assessment, and market research. The bank operates in the Northeastern and Mid-Atlantic regions of the U.S., with a headquarters in Buffalo, New York.

How to earn more as a Quantitative Analyst?

Quantitative Analysts can boost their earnings by focusing on key areas that enhance their skills and market value. One of the most effective ways is to gain experience in specific industries, such as finance or tech, where quant skills are in high demand. Employers often pay more to candidates with specialized industry experience.

Investing in advanced education and certifications also plays a crucial role. Degrees in mathematics, statistics, or computer science, along with certifications like the CFA or FRM, can open doors to higher-paying positions. Networking with professionals in the field provides opportunities for job openings and salary negotiations. Continuous learning and staying updated with the latest trends and tools help maintain and increase earning potential.

Consider these key factors to earn more as a Quantitative Analyst:

  1. Specialized Industry Experience: Gain expertise in high-demand sectors.
  2. Advanced Education: Pursue relevant degrees and certifications.
  3. Networking: Connect with industry professionals for job leads.
  4. Continuous Learning: Keep skills up-to-date with the latest trends.
  5. Professional Development: Attend workshops and conferences to enhance knowledge.

Currently 198 Quantitative Analyst job openings, nationwide.

How's the job market for a Quantitative Analyst in the US?

Learn what a Quantitative Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Quantitative Analyst today.
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Quantitative Analyst
198 Job Openings