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Financial Analyst Salary in Birmingham, AL — 2026

Financial Analyst salary data for Birmingham, AL — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Financial Analyst salary in Birmingham, AL is $75,440 per year ($6,287/month, $36/hr). This reflects the local cost of living index of 92, which is 8% below the national average.

Entry Level
$53K
$26/hr
Median
$75K
$36/hr
Senior
$112K
$54/hr
Top Earner
$142K
$68/hr

Financial Analyst Take-Home Pay in Birmingham

Tax Breakdown (Median Salary)

Gross Annual$75,440
Federal Tax-$8,211
State Tax (4.0%)-$3,018
Local Tax (1.0%)-$754
FICA (SS + Medicare)-$5,771
Annual Take-Home$57,686
Monthly Take-Home$4,807

Living Cost Comparison

Median Rent$1,050/mo
Rent-to-Income Ratio16.7%
Median Home Price$175,000
Cost of Living Index92
City Median Salary$52,800
Financial Analyst vs City Median+$22,640

Financial Analyst Requirements

Education
Bachelor's Degree
Experience
1-3 years
Job Growth
9.0% (2024-2034)

Key Skills

Financial ModelingExcelSQLValuationBloomberg Terminal

Birmingham Job Market Overview

Birmingham, Alabama has a population of 197,575 and an unemployment rate of 3.8%. The top industries are Healthcare, Finance, Manufacturing. The local job growth rate is 1.5%, and the average commute time is 25 minutes.

Financial Analyst Salary in Nearby Alabama Cities

Frequently Asked Questions

What is the average Financial Analyst salary in Birmingham, AL?
The median Financial Analyst salary in Birmingham, AL is $75,440 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Financial Analysts earn around $53,360, while senior-level professionals can earn $112,240 or more.
How much does a Financial Analyst take home in Birmingham after taxes?
A Financial Analyst earning the median salary of $75,440 in Birmingham, AL takes home approximately $57,686 per year ($4,807/month) after federal, state, and local taxes. The effective tax rate is 23.5%.
Is Birmingham a good city for Financial Analysts?
Birmingham, AL has a cost of living index of 92 (below national average). Financial Analysts here earn above the city median. The local unemployment rate is 3.8% and top industries include Healthcare, Finance, Manufacturing.
What skills are needed for a Financial Analyst in Birmingham?
Key skills for Financial Analysts include Financial Modeling, Excel, SQL, Valuation, Bloomberg Terminal. Typical education requirement is Bachelor's Degree. Valuable certifications include CFA Level I, Financial Modeling Certification.
How does Financial Analyst salary in Birmingham compare to the national average?
The national median Financial Analyst salary is $82,000. In Birmingham, the adjusted salary is $75,440, which is 8.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Financial Analyst salary in Birmingham, AL?

The median Financial Analyst salary in Birmingham, AL is $75,440 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Financial Analysts earn around $53,360, while senior-level professionals can earn $112,240 or more.

How much does a Financial Analyst take home in Birmingham after taxes?

A Financial Analyst earning the median salary of $75,440 in Birmingham, AL takes home approximately $57,686 per year ($4,807/month) after federal, state, and local taxes. The effective tax rate is 23.5%.

Is Birmingham a good city for Financial Analysts?

Birmingham, AL has a cost of living index of 92 (below national average). Financial Analysts here earn above the city median. The local unemployment rate is 3.8% and top industries include Healthcare, Finance, Manufacturing.

What skills are needed for a Financial Analyst in Birmingham?

Key skills for Financial Analysts include Financial Modeling, Excel, SQL, Valuation, Bloomberg Terminal. Typical education requirement is Bachelor's Degree. Valuable certifications include CFA Level I, Financial Modeling Certification.

How does Financial Analyst salary in Birmingham compare to the national average?

The national median Financial Analyst salary is $82,000. In Birmingham, the adjusted salary is $75,440, which is 8.0% lower than the national average, reflecting the local cost of living.