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Quantitative Analyst Salary in Phoenix, AZ — 2026

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

The median Quantitative Analyst salary in Phoenix, AZ is $159,650 per year ($13,304/month, $77/hr). This reflects the local cost of living index of 103, which is 3% above the national average.

Entry Level
$108K
$52/hr
Median
$160K
$77/hr
Senior
$227K
$109/hr
Top Earner
$288K
$139/hr

Quantitative Analyst Take-Home Pay in Phoenix

Tax Breakdown (Median Salary)

Gross Annual$159,650
Federal Tax-$27,050
State Tax (2.5%)-$3,991
FICA (SS + Medicare)-$12,213
Annual Take-Home$116,396
Monthly Take-Home$9,700

Living Cost Comparison

Median Rent$1,450/mo
Rent-to-Income Ratio10.9%
Median Home Price$380,000
Cost of Living Index103
City Median Salary$60,500
Quantitative Analyst vs City Median+$99,150

Quantitative Analyst Requirements

Education
Master's/Doctorate
Experience
2-5 years
Job Growth
12.0% (2024-2034)

Key Skills

PythonStatisticsMachine LearningStochastic CalculusFinancial Modeling

Phoenix Job Market Overview

Phoenix, Arizona has a population of 1,608,139 and an unemployment rate of 3.5%. The top industries are Technology, Healthcare, Finance. The local job growth rate is 2.8%, and the average commute time is 27 minutes.

Quantitative Analyst Salary in Nearby Arizona Cities

Salary Percentile Breakdown — Quantitative Analyst in Phoenix

Based on the cost-of-living-adjusted distribution for Quantitative Analyst in Phoenix, AZ, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$108,150$52/hrEntry-level, < 1 yr exp.
25th$133,900$64/hrJunior, 1-3 yrs exp.
50th (median)$159,650$77/hrMid-career, 2-5 years
75th$226,600$109/hrSenior, 5-10 yrs exp.
90th (top)$288,400$139/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Quantitative Analyst compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Phoenix's Technology sector.

5-Year Salary Trajectory

Quantitative Analyst salaries in Phoenix have grown approximately 22.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$130,861
Adjusted for Phoenix COL
Today (2026)
$159,650
+22.0% vs 5y ago
Projected 2031
$194,773
If growth continues

Year-over-year, an average Quantitative Analyst can expect a 13.1% annual increase moving from entry to senior level over 6 years in Phoenix. Negotiation, certifications (CFA, FRM), and changing employers strategically can accelerate this trajectory.

Phoenix vs National Average

The national median Quantitative Analyst salary is $155,000. In Phoenix, the cost-of-living-adjusted median of $159,650 is 3.0% above the national figure. This reflects Phoenix's cost of living index of 103 (higher than the national average of 100).

For Quantitative Analysts, this means: rent typically consumes 14.9% of take-home pay (households spending >30% are considered affordable), and a median home in Phoenix costs about 3.3× annual take-home. Homeownership is relatively attainable on this salary in Phoenix.

Industry Context: Technology in Phoenix

Phoenix's economy is anchored by Technology, Healthcare, Finance, with 1,608,139 residents and 3.5% unemployment as of 2026. Quantitative Analysts working in the Technology sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 2.8%, and Quantitative Analyst occupations specifically are projected to grow 12.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Quantitative Analyst salaries in Phoenix, AZ:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Phoenix index of 103 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), AZ state income tax of 2.5%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Quantitative Analyst salaries can vary significantly based on employer, sector (Technology vs others in Phoenix), specific skill set (Python, Statistics, Machine Learning), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Quantitative Analyst salary in Phoenix, AZ?
The median Quantitative Analyst salary in Phoenix, AZ is $159,650 per year as of 2026. This is adjusted for the local cost of living index of 103. Entry-level Quantitative Analysts earn around $108,150, while senior-level professionals can earn $226,600 or more.
How much does a Quantitative Analyst take home in Phoenix after taxes?
A Quantitative Analyst earning the median salary of $159,650 in Phoenix, AZ takes home approximately $116,396 per year ($9,700/month) after federal, state, and local taxes. The effective tax rate is 27.1%.
Is Phoenix a good city for Quantitative Analysts?
Phoenix, AZ has a cost of living index of 103 (above national average). Quantitative Analysts here earn above the city median. The local unemployment rate is 3.5% and top industries include Technology, Healthcare, Finance.
What skills are needed for a Quantitative Analyst in Phoenix?
Key skills for Quantitative Analysts include Python, Statistics, Machine Learning, Stochastic Calculus, Financial Modeling. Typical education requirement is Master's/Doctorate. Valuable certifications include CFA, FRM.
How does Quantitative Analyst salary in Phoenix compare to the national average?
The national median Quantitative Analyst salary is $155,000. In Phoenix, the adjusted salary is $159,650, which is 3.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Quantitative Analyst salary in Phoenix, AZ?

The median Quantitative Analyst salary in Phoenix, AZ is $159,650 per year as of 2026. This is adjusted for the local cost of living index of 103. Entry-level Quantitative Analysts earn around $108,150, while senior-level professionals can earn $226,600 or more.

How much does a Quantitative Analyst take home in Phoenix after taxes?

A Quantitative Analyst earning the median salary of $159,650 in Phoenix, AZ takes home approximately $116,396 per year ($9,700/month) after federal, state, and local taxes. The effective tax rate is 27.1%.

Is Phoenix a good city for Quantitative Analysts?

Phoenix, AZ has a cost of living index of 103 (above national average). Quantitative Analysts here earn above the city median. The local unemployment rate is 3.5% and top industries include Technology, Healthcare, Finance.

What skills are needed for a Quantitative Analyst in Phoenix?

Key skills for Quantitative Analysts include Python, Statistics, Machine Learning, Stochastic Calculus, Financial Modeling. Typical education requirement is Master's/Doctorate. Valuable certifications include CFA, FRM.

How does Quantitative Analyst salary in Phoenix compare to the national average?

The national median Quantitative Analyst salary is $155,000. In Phoenix, the adjusted salary is $159,650, which is 3.0% higher than the national average, reflecting the local cost of living.