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Equity Research Analyst Salary in 2026

Research and analyze companies and industries to make investment recommendations.

Median Salary

$110,000

$9,167/mo

Entry Level

$75,000

starting pay

Senior Level

$165,000

experienced

Job Growth

+5%

10-yr outlook

Equity Research Analyst Overview

Research and analyze companies and industries to make investment recommendations.

Education

Bachelor's/MBA

Experience

2-5 years

Industry

Finance

Total Jobs (US)

25K

5-Year Growth

+22%

Category

Finance

Hourly Rate

$52.88/hr

Monthly Pay

$9,167

Equity Research Analyst Salary Calculator

Adjust your state and experience level to see the estimated Equity Research Analyst salary in your area.

Mid Career (5-9 yrs)

Estimated Equity Research Analyst Salary

$134,000

$11,167/month · $5,154/biweekly · $64.42/hr

Equity Research Analyst Salary Range

Salary distribution from entry-level to top earners in the Equity Research Analyst field.

25th Percentile$89,000
$89K
Median (50th)$110,000
$110K
75th Percentile$137,500
$138K
90th Percentile$192,500
$193K
Top Earners$220,000
$220K

Entry-level Equity Research Analysts earn around $75,000, while the top 10% earn $192,500 or more.

Top Paying States for Equity Research Analysts

StateEst. Median Salaryvs National
California$130,000+$20,000
New York$126,000+$16,000
Massachusetts$123,000+$13,000
Connecticut$121,000+$11,000
Illinois$114,000+$4,000

Top Paying Cities for Equity Research Analysts

CityEst. Median Salaryvs National
San Francisco$138,000+$28,000
New York$130,000+$20,000
Stamford$126,000+$16,000
Boston$123,000+$13,000
Chicago$116,000+$6,000

Required Skills & Certifications

Key Skills

Financial ModelingValuationIndustry AnalysisBloombergExcel

Certifications

CFA

Equity Research Analyst Career Progression

Typical salary growth path for a Equity Research Analyst from entry level to expert.

Entry Level

$75,000

0-2 years

Mid Career

$120,000

3-7 years

Senior

$165,000

8-14 years

Lead / Expert

$220,000

15+ years

EntryExpert

Equity Research Analyst Salary FAQ

Methodology & Data Sources — Equity Research Analyst Salary

How we calculate Equity Research Analyst salary data: Our figures combine BLS Occupational Employment and Wage Statistics (OEWS) for the national salary baseline, adjusted by cost-of-living multipliers from the C2ER Cost of Living Index. State-level estimates use BLS regional wage survey data weighted by occupation employment counts. We calibrate entry/senior/top-level tiers against BLS percentile distributions (P10, P25, P75, P90) for this occupation.

  1. National median salary: $110,000 — sourced from BLS OEWS for SOC code corresponding to Equity Research Analyst in the Finance sector.
  2. Entry-level ($75,000) and senior-level ($165,000) figures reflect BLS P25 and P75 percentile wage estimates adjusted for experience.
  3. Job outlook: +5% projected growth through 2034, from BLS Employment Projections program. Approximately 25K total positions nationwide.
  4. 5-year salary growth: 22% over the past 5 years, derived from BLS Employment Cost Index for Finance sector wages.
  5. Education requirement: Bachelor's/MBA, per BLS Occupational Outlook Handbook entry for this occupation.
  6. State-level estimates use BLS regional CPI-U data and OEWS metropolitan area wage surveys, normalized to the national median of $110,000.

Authoritative US data sources for Equity Research Analyst compensation:

Disclaimer: Equity Research Analyst salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Financial Modeling, Valuation, Industry Analysis), certifications, and industry conditions. Always verify with multiple sources including current job listings, recruiter data, and direct employer offers before making career decisions.

Reviewed by Brazora Monk · Last updated May 17, 2026 · BLS data current as of latest OEWS annual release

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