What the numbers say
About 1,910 Financial and Investment Analysts work in the Cleveland metro, and their median annual wage came in at $95,690 in 2024. That sits roughly 2% above the Ohio median of $93,690 but about 5% below the national median of $101,220. Cleveland pays close to the state average for this role, though it trails what analysts earn in larger financial centers nationally.
The spread across earners is wide. At the 10th percentile, analysts in Cleveland earned around $60,400. At the 90th, they earned $163,890, which is nearly 2.7 times more. That kind of range usually reflects differences in seniority, the type of firm, and how specialized the work is. An entry-level analyst at a regional bank and a senior portfolio manager at an asset management firm both fall under this occupational category.
The mean wage of $108,040 runs about $12,000 above the median. When the average sits that much higher than the midpoint, it signals that a smaller group at the top is pulling the overall figure up. Most analysts in Cleveland cluster in the $70,000 to $122,000 range, which is where the middle 50% of earners land.
Cleveland's financial sector is smaller in scale than Chicago or New York, but 1,910 people working in this role is a meaningful local market. The city has a long history in banking, insurance, and asset management, which creates a fairly stable employment base for this occupation even if the headline median doesn't match what coastal markets pay.
Salary distribution
Where Cleveland financial and investment analysts fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $75,050 and $123,150, with a median of $98,320.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
Common tasks (O*NET)
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How the Cleveland metro compares to other major Ohio metro areas for financial and investment analysts.
- Columbus$97,920
- Cincinnati$86,040
Frequently asked questions
- What is the median salary for Financial and Investment Analysts in Cleveland, Ohio?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Financial and Investment Analysts in the Cleveland metropolitan area is $98,320.
- Does Cleveland pay more than the Ohio state average for Financial and Investment Analysts?
- The Cleveland metro median is +4.3% versus the Ohio state median of $94,280.
- How does Cleveland compare to the national median for Financial and Investment Analysts?
- The Cleveland metro median is -5.6% versus the BLS national figure of $104,114.
- What is the salary range for Financial and Investment Analysts in Cleveland?
- BLS reports the 10th-percentile annual wage at $61,810 and the 90th-percentile at $140,970 for the Cleveland metro area.
- What education is required for Financial and Investment Analysts?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Cleveland CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.