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Quantitative Analyst Salary in 2026

Develop mathematical models to analyze financial markets and inform trading strategies.

Median Salary

$155,000

$12,917/mo

Entry Level

$105,000

starting pay

Senior Level

$220,000

experienced

Job Growth

+12%

10-yr outlook

Quantitative Analyst Overview

Develop mathematical models to analyze financial markets and inform trading strategies.

Education

Master's/Doctorate

Experience

2-5 years

Industry

Technology

Total Jobs (US)

28K

5-Year Growth

+22%

Category

Technology

Hourly Rate

$74.52/hr

Monthly Pay

$12,917

Quantitative Analyst Salary Calculator

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

Mid Career (5-9 yrs)

Estimated Quantitative Analyst Salary

$181,000

$15,083/month · $6,962/biweekly · $87.02/hr

Quantitative Analyst Salary Range

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

25th Percentile$125,000
$125K
Median (50th)$155,000
$155K
75th Percentile$187,500
$188K
90th Percentile$250,000
$250K
Top Earners$280,000
$280K

Entry-level Quantitative Analysts earn around $105,000, while the top 10% earn $250,000 or more.

Top Paying States for Quantitative Analysts

StateEst. Median Salaryvs National
California$183,000+$28,000
New York$178,000+$23,000
Massachusetts$174,000+$19,000
Connecticut$171,000+$16,000
Illinois$161,000+$6,000

Top Paying Cities for Quantitative Analysts

CityEst. Median Salaryvs National
San Francisco$194,000+$39,000
New York$183,000+$28,000
Stamford$178,000+$23,000
Boston$174,000+$19,000
Chicago$163,000+$8,000

Required Skills & Certifications

Key Skills

PythonStatisticsMachine LearningStochastic CalculusFinancial Modeling

Certifications

CFAFRM

Quantitative Analyst Career Progression

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

Entry Level

$105,000

0-2 years

Mid Career

$163,000

3-7 years

Senior

$220,000

8-14 years

Lead / Expert

$280,000

15+ years

EntryExpert

Quantitative Analyst Salary FAQ

How much does a Quantitative Analyst make in 2026?

The median salary for a Quantitative Analyst in the United States is $155,000 per year in 2026. Entry-level positions start around $105,000, while senior professionals earn up to $220,000. Top earners in the field can make $280,000 or more annually.

What education is needed to become a Quantitative Analyst?

A Quantitative Analyst typically requires a Master's/Doctorate with 2-5 years of experience. Key skills include Python, Statistics, Machine Learning. Relevant certifications such as CFA or FRM can boost earning potential and career advancement.

What is the job outlook for Quantitative Analysts?

The job market for Quantitative Analysts is projected to grow by 12% over the next decade. There are currently approximately 28K Quantitative Analyst positions in the US. Salary growth over the past 5 years has been approximately 22%, reflecting strong demand for this role.

Which states pay Quantitative Analysts the most?

The highest-paying states for Quantitative Analysts include New York, California, Illinois. In New York, the median salary is approximately $178,000. However, cost of living varies significantly, so adjusted purchasing power should be considered when comparing salaries across states.

How can I increase my Quantitative Analyst salary?

To increase your Quantitative Analyst salary, focus on gaining expertise in high-demand skills like Python and Statistics. Pursue certifications such as CFA. Consider relocating to higher-paying markets like New York. With 2-5 years of experience, you can progress from $105,000 to $220,000 or more.

Methodology & Data Sources — Quantitative Analyst Salary

How we calculate Quantitative 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: $155,000 — sourced from BLS OEWS for SOC code corresponding to Quantitative Analyst in the Technology sector.
  2. Entry-level ($105,000) and senior-level ($220,000) figures reflect BLS P25 and P75 percentile wage estimates adjusted for experience.
  3. Job outlook: +12% projected growth through 2034, from BLS Employment Projections program. Approximately 28K total positions nationwide.
  4. 5-year salary growth: 22% over the past 5 years, derived from BLS Employment Cost Index for Technology sector wages.
  5. Education requirement: Master's/Doctorate, 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 $155,000.

Authoritative US data sources for Quantitative Analyst compensation:

Disclaimer: Quantitative Analyst salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Python, Statistics, Machine Learning), 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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