Equity Research Analyst Salary in 2026
Research and analyze companies and industries to make investment recommendations.
Median Salary
$102,740
$8,562/mo
Entry Level
$70,100
starting pay
Senior Level
$154,100
experienced
Job Growth
+5%
10-yr outlook
BLS OEWS May 2025 · official national figures
BLS reports Financial and Investment Analysts (SOC 13-2051, the closest published occupation to Equity Research Analyst) at a national median of $102,740 per year (mean $116,800), or $49.40 per hour, with 361,980 people employed nationwide. The median above is this BLS figure; the entry, senior and top tiers are Salario estimates calibrated to it. Source: BLS Occupational Employment and Wage Statistics, May 2025 release.
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)
362K
5-Year Growth
+22%
Category
Finance
Hourly Rate
$49.40/hr
Monthly Pay
$8,562
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
$126,000
$10,500/month · $4,846/biweekly · $60.58/hr
Equity Research Analyst Salary Range
Salary distribution from entry-level to top earners in the Equity Research Analyst field.
Entry-level Equity Research Analysts earn around $70,100, while the top 10% earn $179,800 or more.
Top Paying States for Equity Research Analysts
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $121,000 | +$18,260 |
| New York | $118,000 | +$15,260 |
| Massachusetts | $115,000 | +$12,260 |
| Connecticut | $113,000 | +$10,260 |
| Illinois | $107,000 | +$4,260 |
Top Paying Cities for Equity Research Analysts
| City | Est. Median Salary | vs National |
|---|---|---|
| San FranciscoBLS metro | $130,520 | +$27,780 |
| New YorkBLS metro | $128,930 | +$26,190 |
| Stamford | $118,000 | +$15,260 |
| BostonBLS metro | $117,520 | +$14,780 |
| ChicagoBLS metro | $101,750 | $-990 |
Rows marked BLS metro are the BLS OEWS May 2025 median annual wage for Financial and Investment Analysts in that city's metropolitan statistical area (4 of 5); the remaining rows are Salario estimates that scale the national median by a city cost-of-labor multiplier.
Required Skills & Certifications
Key Skills
Certifications
Equity Research Analyst Career Progression
Typical salary growth path for a Equity Research Analyst from entry level to expert.
$70,100
0-2 years
$112,000
3-7 years
$154,100
8-14 years
$205,500
15+ years
Related Finance Jobs
Equity Research Analyst Salary FAQ
How much does a Equity Research Analyst make in 2026?
The median salary for a Equity Research Analyst in the United States is $102,740 per year, the BLS OEWS May 2025 national median for Financial and Investment Analysts (SOC 13-2051); the mean is $116,800. Salario's calibrated tiers put entry-level positions around $70,100, senior professionals around $154,100, and top earners at $205,500 or more annually.
What education is needed to become a Equity Research Analyst?
A Equity Research Analyst typically requires a Bachelor's/MBA with 2-5 years of experience. Key skills include Financial Modeling, Valuation, Industry Analysis. Relevant certifications such as CFA can boost earning potential and career advancement.
What is the job outlook for Equity Research Analysts?
The job market for Equity Research Analysts is projected to grow by 5% over the next decade. There are currently approximately 362K Equity Research Analyst positions in the US. Salary growth over the past 5 years has been approximately 22%, reflecting moderate demand for this role.
Which states pay Equity Research Analysts the most?
The highest-paying states for Equity Research Analysts include New York, California, Connecticut. In New York, the median salary is approximately $118,000. However, cost of living varies significantly, so adjusted purchasing power should be considered when comparing salaries across states.
How can I increase my Equity Research Analyst salary?
To increase your Equity Research Analyst salary, focus on gaining expertise in high-demand skills like Financial Modeling and Valuation. Pursue certifications such as CFA. Consider relocating to higher-paying markets like New York. With 2-5 years of experience, you can progress from $70,100 to $154,100 or more.
Methodology & Data Sources: Equity Research Analyst Salary
How we calculate Equity Research Analyst salary data: The national median is the official BLS OEWS May 2025 annual median wage for Financial and Investment Analysts (SOC 13-2051), retrieved from the BLS Public Data API. The entry, senior and top tiers are a Salario model: the shape of the distribution is Salario's, rescaled so that its median equals the BLS median. State and most city figures are Salario estimates that apply cost-of-labor multipliers to that median.
- National median salary: $102,740, BLS OEWS May 2025 annual median for Financial and Investment Analysts; BLS mean $116,800; BLS hourly median $49.40.
- Entry-level ($70,100) and senior-level ($154,100) are Salario tiers calibrated to the BLS median; they are not BLS percentiles. BLS publishes P10/P25/P75/P90 wages for this occupation in its OEWS tables.
- Job outlook: +5% projected growth is Salario's outlook figure; compare with the BLS Employment Projections program. BLS OEWS May 2025 counts 361,980 Financial and Investment Analysts jobs nationwide.
- 5-year salary growth: 22% is a Salario estimate of past 5-year wage growth for the Finance sector, informed by the BLS Employment Cost Index.
- Education requirement: Bachelor's/MBA, per BLS Occupational Outlook Handbook entry for this occupation.
- State and city estimates apply Salario cost-of-labor multipliers to the national median of $102,740; city rows marked "BLS metro" are real OEWS metropolitan-area medians instead.
Authoritative US data sources for Equity Research Analyst compensation:
- BLS Occupational Employment and Wage Statistics (OEWS), national and metro-area salary data
- BLS Occupational Outlook Handbook, Equity Research Analyst job projections, education, and career outlook
- BLS Employment Projections, 10-year occupation growth and decline data
- BLS Employment Cost Index, quarterly compensation trend data for Finance
- BLS Consumer Price Index (CPI-U), regional inflation for cost-of-living wage adjustments
- IRS Revenue Procedure 2025-32 summary, 2026 federal tax brackets and standard deductions
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 Harlan Voss · Last updated May 17, 2026 · BLS figures: OEWS May 2025 release (published May 2026), retrieved from the BLS API on September 17, 2026
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