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  1. Home/
  2. Salary/
  3. Quantitative Analyst/
  4. Tampa

Quantitative Analyst.

Tampa.

$165,000

median salary, 4% below the national average

$123,000 to $223,000. Updated for 2026.

Get your playbook

The numbers.

Everything you need to negotiate with confidence.

If you are evaluating a Quantitative Analyst offer in Tampa, FL, here is the reality: $123,000 to $223,000, with $165,000 as the midpoint. 4% below the national average. Firm type and strategy alpha generation are the primary pay determinants. Do not accept the first number.

Salary range

25th Percentile

$123,000

per year

Median

$165,000

per year

75th Percentile

$223,000

per year

Tap to place your salary

$123,000$223,000

How Tampa compares

Tampa, FL

$165,000

Cost of living: 4% below average

National Average

$172,000

Tampa is $7,000 below

What you should know

The Quantitative Analyst landscape in Tampa is not what most salary sites will tell you. Tampa's economy combines a strong financial services sector with growing tech, healthcare, and defense industries. The city has attracted remote workers and corporate relocations seeking Florida's tax advantages. Tampa offers a favorable salary to cost of living ratio, with compensation levels that have risen significantly as the metro continues to grow. 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 Tampa, cost of living sits near the national average, so the numbers you see are roughly what you keep.

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: florida has no state income tax, which is Tampa's biggest compensation advantage. There are no local income taxes either. Property taxes and insurance costs are the main financial considerations. When someone quotes you $165,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Frame your salary expectations against the no income tax benefit. Tampa employers know candidates are factoring in the tax savings, so be explicit about how it shapes your number. The range for Quantitative Analysts in Tampa runs from $123,000 to $223,000. 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 Tampa

Financial ServicesHealthcareTechnologyDefense & MilitaryTourism

Negotiating in Tampa

Frame your salary expectations against the no income tax benefit. Tampa employers know candidates are factoring in the tax savings, so be explicit about how it shapes your number.

Common questions.

A PhD from a top program in mathematics, physics, statistics, or computer science provides the strongest entry point to top-paying firms. However, exceptional candidates with master's degrees and strong competition math or programming backgrounds (e.g., Putnam, IOI) can also access elite firms and equivalent compensation.

Quantitative analysts at top hedge funds earn 50 to 150% more in total compensation than bank quants at equivalent levels. A mid-level bank quant might earn $200,000 to $300,000 total, while a comparable hedge fund quant earns $350,000 to $600,000. The gap widens dramatically at senior levels.

It depends on the position and employer. Many Quantitative Analysts in Tampa are classified as exempt salaried employees without overtime eligibility. However, 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. When evaluating the $123,000 to $223,000 range, ask about the total compensation structure during negotiation.

Quantitative Analyst compensation in Tampa has trended upward as demand outpaces supply. The 2026 range of $123,000 to $223,000 reflects a market that rewards specialization. Firm type and strategy alpha generation are the primary pay determinants.

Relevant certifications can add 5 to 15% to a Quantitative Analyst's base salary in Tampa. Specifically, firm type and strategy alpha generation are the primary pay determinants. In a market where the range spans $123,000 to $223,000, certifications often bridge the gap between the 50th and 75th percentile.

Tampa's economy combines a strong financial services sector with growing tech, healthcare, and defense industries. The city has attracted remote workers and corporate relocations seeking Florida's tax advantages. For Quantitative Analysts specifically, the median salary of $165,000 reflects that demand.

Quantitative Analyst salary in other cities

Philadelphia$187,000
Phoenix$165,000
Portland$189,000
Pittsburgh$158,000
Raleigh$170,000
San Francisco$232,000

Other salaries in Tampa

Account Executive$91,000
Accountant$69,000
AI Engineer$168,000
AI Product Manager$163,000

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