Quantitative Analyst.
Birmingham.
$144,000
median salary, 16% below the national average
$108,000 to $195,000. Last updated April 2026.
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Data points to own the conversation.
The median Quantitative Analyst salary in Birmingham is $144,000, 16% below the national average. Entry level starts near $108,000. Experienced professionals push past $195,000. Birmingham is Alabama's largest metro, anchored by a major medical center, banking, and a growing innovation district. That spread is your negotiation window.
Salary range
Where do you fall?
Salary by experience
The gap between entry and lead level is typically $129,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$94,000
to $115,000
Mid (3-5 yrs)
$122,000
to $151,000
Senior (6-9 yrs)
$158,000
to $187,000
Lead (10+ yrs)
$180,000
to $223,000
Salary trend
+3% YoYTotal compensation
Base salary is not the full picture. Equity, bonus, and signing can add $42,000 to the total package.
Base
$144,000
Equity
$24,000
Bonus
$15,000
Signing
$3,000
Estimated total: $186,000
How Birmingham compares
Birmingham, AL
$144,000
Cost of living: 16% below average
National Average
$172,000
Birmingham is $28,000 below
Quantitative Analyst salary by city
Salary by role in Birmingham
What you should know
If you are interviewing for Quantitative Analyst roles in Birmingham, here is what you are walking into. Birmingham is Alabama's largest metro, anchored by a major medical center, banking, and a growing innovation district. UAB is one of the state's largest employers and a driver of biomedical research jobs. The extremely low cost of living makes Birmingham a strong value for professionals in healthcare and finance. Firm type and strategy alpha generation are the primary pay determinants. Quants at top hedge funds like Citadel, Two Sigma, or DE Shaw earn 50 to 100% more than those at banks or asset managers. PhD-level mathematics, physics, or computer science backgrounds from top research universities command the highest starting salaries.
Junior quants start at $120,000 to $160,000 base at top firms. Mid-level quantitative analysts earn $160,000 to $220,000 base. Senior quants and portfolio managers reach $220,000 to $350,000 base. Quant portfolio managers running profitable strategies can earn $500,000 to several million in total compensation. In Birmingham, your dollars stretch further. Cost of living runs 16% below the national average, which means even a median salary buys a stronger lifestyle.
Base salary is not the full picture. Performance bonuses at quantitative hedge funds frequently equal or exceed base salary, with total compensation of $300,000 to $800,000 for mid-level quants. Top performers at elite firms can earn $1 million or more. Bank quants receive 20 to 50% bonuses with smaller variance. And on the tax side: alabama's top state income tax rate is 5%. Birmingham has no city income tax. The low rate combined with very affordable housing creates excellent take home pay ratios. When someone quotes you $144,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Leverage UAB and the medical corridor when negotiating. Healthcare and biotech roles command nationally competitive salaries even in this low cost market. The range for Quantitative Analysts in Birmingham runs from $108,000 to $195,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: SEC filings, H-1B LCA (DOL), BLS OES, 50+ job posting platforms. COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified April 8, 2026. Full methodology
Considering a related role?
- A Computer Vision Engineer in Birmingham earns $145,000 (1% more)
- The highest-paying role in Birmingham is Chief AI Officer at $263,000
Common questions.
Quantitative Analyst salary in other cities
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