Salary Data
Financial Analyst Salary in Nashville
$85,000
median salary, at the national average
According to Orbyt's 2026 salary analysis, the average Financial Analyst salary in Nashville is $85,000. Salaries range from $65,000 (25th percentile) to $112,000 (75th percentile), adjusted for Nashville's cost of living.
Salary range
How Nashville compares
Nashville, TN
$85,000
Cost of living: at average
National Average
$85,000
Same as local rate
Financial Analyst job market in Nashville
Nashville market overview
Nashville has diversified well beyond music into healthcare, finance, and technology. The city is home to HCA Healthcare and a growing corridor of health tech startups. Nashville's moderate cost of living, combined with Tennessee's lack of state income tax on wages, makes it increasingly popular for corporate relocations and remote workers.
What drives Financial Analyst salaries
Industry sector (investment banking vs. corporate finance vs. tech FP&A) creates the largest salary dispersion. Financial analysts at investment banks and private equity firms earn significantly more than corporate counterparts. Modeling sophistication, deal experience, and CFA progress also materially affect compensation.
Beyond base salary
Total compensation
Bonuses in corporate finance range from 5 to 15% of base. Investment banking analysts receive bonuses of 50 to 100%+ of base salary. Equity is uncommon in traditional finance but increasingly offered at fintech companies. Benefits typically include exam fee reimbursement for CFA and CPA.
Tax considerations in Nashville
Tennessee has no state income tax on wages or salaries. This gives Nashville workers a meaningful take home advantage over peers in states with 5 to 10% income tax rates.
Career progression
Analyst roles start at $65,000 to $90,000 (corporate) or $100,000 to $120,000 (banking). Senior analysts earn $90,000 to $130,000 after two to four years. Finance managers reach $130,000 to $170,000, and directors or VPs in FP&A can earn $180,000 to $250,000 at large corporations.
Top industries in Nashville
Negotiating in Nashville
Use the healthcare industry concentration as leverage. Nashville healthcare employers are accustomed to national pay scales and will often match or beat coastal health sector offers.