Average Financial Analyst Salary in TennesseeNo State Income Tax
Financial Analysts in Tennessee earn an average of $92,489 per year across 2 metro areas. This is +7.4% lower than the national average.
Average Salary
$92,489
per year
Hourly Rate
$44.47
per hour
vs National
-7.4%
$99,890 national
Salary Range
$60,060
to $137,262
About Financial Analyst Careers in Tennessee
Financial analysts evaluate investment opportunities, analyze financial data, and provide guidance to businesses and individuals making investment decisions. They study economic trends, company performance, and market conditions to forecast financial outcomes. Financial analysts are essential to the functioning of capital markets and corporate finance.
In Tennessee, financial analysts earn an average of $92,489 per year as of 2026, with salaries ranging from $60,060 for entry-level roles to $137,262 for the most experienced professionals — +7.4% below the national average. Pay is influenced most by industry sector (investment banking, hedge funds, corporate finance), cfa certification and other credentials, and the specific metro area within Tennessee.
Cost of Living Adjusted Salary
Nominal Salary
$92,489
Cost of Living Index
93
100 = national average
Adjusted Salary
$99,451
purchasing power equivalent
After adjusting for Tennessee's cost of living (below average), a Financial Analyst's salary of $92,489 has the purchasing power of $99,451 in an average-cost area. Additionally, Tennessee has no state income tax, further increasing take-home pay.
Financial Analyst Salary by City in Tennessee
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Nashville, TN | $97,903 | $47.07/hr | $65,063 | $143,283 | 284 |
| Memphis, TN | $87,074 | $41.86/hr | $55,056 | $131,240 | 272 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Tennessee vs National Average
Financial Analyst Salary Comparison
Employment in Tennessee
There are approximately 556 Financial Analysts employed across 2 metro areas in Tennessee.
Key Industries: Healthcare, Automotive, Music & Entertainment
State Income Tax: None (tax-free state)
Financial Analyst Salary Range in Tennessee
Entry Level (10th Percentile)
$60,060
Starting salary for new Financial Analysts
Median (50th Percentile)
$92,489
Mid-career Financial Analyst salary
Senior (90th Percentile)
$137,262
Top earners in the field
Related Occupations in Tennessee
Management Analyst
$91,924
avg in TN
-$565 vs Financial Analyst
Personal Financial Advisor
$91,734
avg in TN
-$755 vs Financial Analyst
Accountant
$72,368
avg in TN
-$20,121 vs Financial Analyst
Market Research Analyst
$68,934
avg in TN
-$23,555 vs Financial Analyst
Human Resources Specialist
$62,990
avg in TN
-$29,499 vs Financial Analyst
Financial Analyst Salary in Neighboring States
Compare Financial Analyst salaries in Tennessee with nearby states to find the best opportunities.
More Tennessee Data
Frequently Asked Questions
What is the average Financial Analyst salary in Tennessee?
The average Financial Analyst salary in Tennessee is $92,489 per year ($44.47/hour) based on 2026 data across 2 metro areas. This is 7.4% below the national average of $99,890.
What is the highest paying city for Financial Analysts in Tennessee?
Nashville, TN is the highest paying city for Financial Analysts in Tennessee, with a median salary of $97,903 per year. The lowest paying metro area is Memphis, TN at $87,074.
What is the salary range for Financial Analysts in Tennessee?
Financial Analyst salaries in Tennessee range from $60,060 (entry-level, 10th percentile) to $137,262 (experienced, 90th percentile). The median salary is $92,489 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Tennessee. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.