Quantitative Analyst.
San Francisco.
$232,000
median salary, 35% above the national average
$173,000 to $313,000. Updated for 2026.
The numbers.
Everything you need to negotiate with confidence.
Quantitative Analyst pay in San Francisco ranges from $173,000 to $313,000 in 2026. The median is $232,000, 35% above the national average. San Francisco is the epicenter of venture capital and startup innovation, consistently producing the highest tech salaries in the nation. Every dollar in that range is negotiable if you come prepared.
Salary range
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How San Francisco compares
San Francisco, CA
$232,000
Cost of living: 35% above average
National Average
$172,000
San Francisco is $60,000 above
What you should know
If you are interviewing for Quantitative Analyst roles in San Francisco, here is what you are walking into. San Francisco is the epicenter of venture capital and startup innovation, consistently producing the highest tech salaries in the nation. The city's concentration of AI labs, SaaS companies, and fintech firms creates intense competition for talent. Despite remote work trends, SF still commands the steepest salary premiums for engineering and product roles. 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 San Francisco, those numbers run higher. The cost of living here is 35% above average, and employers adjust to compete.
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: california's top marginal state income tax rate is 13.3%, the highest in the U.S. San Francisco has no additional city income tax, but overall tax burden remains steep. When someone quotes you $232,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Leverage competing offers aggressively. SF employers expect candidates to shop around, and matching or beating a rival offer is standard practice here. The range for Quantitative Analysts in San Francisco runs from $173,000 to $313,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Top industries in San Francisco
Negotiating in San Francisco
Leverage competing offers aggressively. SF employers expect candidates to shop around, and matching or beating a rival offer is standard practice here.