Salary Data
Financial Analyst Salary in Salt Lake City
$83,000
median salary, 2% below the national average
According to Orbyt's 2026 salary analysis, the average Financial Analyst salary in Salt Lake City is $83,000. Salaries range from $64,000 (25th percentile) to $110,000 (75th percentile), adjusted for Salt Lake City's cost of living.
Salary range
How Salt Lake City compares
Salt Lake City, UT
$83,000
Cost of living: 2% below average
National Average
$85,000
Salt Lake City is $2,000 below
Financial Analyst job market in Salt Lake City
Salt Lake City market overview
Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. The region has attracted significant venture investment and tech relocations. Utah's business friendly environment, young educated workforce, and outdoor lifestyle make it a rising destination for tech professionals seeking affordability without sacrificing career growth.
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 Salt Lake City
Utah has a flat 4.65% state income tax. Salt Lake City imposes no additional city income tax. The moderate rate combined with affordable living costs results in strong net compensation.
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 Salt Lake City
Negotiating in Salt Lake City
Reference Silicon Slopes growth when negotiating. Local employers are increasingly matching 85 to 95% of Seattle or Bay Area salaries to compete for tech talent.