As of May 18, 2021, the average salary for a Financial Data Scientist in the United States is $128,218 per year, which breaks down to an hourly rate of $62.
However, a Financial Data Scientist's salary can vary significantly. Here’s a look at the typical salary range:
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A Financial Data Scientist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Data Scientist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Financial Data Scientist | $125,640 |
| Intermediate Level Financial Data Scientist | $126,387 |
| Senior Level Financial Data Scientist | $127,883 |
| Specialist Level Financial Data Scientist | $133,322 |
| Expert Level Financial Data Scientist | $136,198 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Data Scientists. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Problem Solving | 3% |
| Docker | 3.36% |
| Prototyping | 1.8% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Code Review
|
$129,500 |
1%
|
|
Leadership
|
$129,500 |
1%
|
|
Initiative
|
$129,500 |
1%
|
|
Communication Skills
|
$129,500 |
1%
|
|
Microservices
|
$129,500 |
1%
|
|
Problem Solving
|
$129,500 |
1%
|
Your level of education can impact your salary potential. While many Financial Data Scientists enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Financial Data Scientist with a Bachelor's Degree is between $115,873 and $124,446).
Financial Data Scientist Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.2% |
| High School | 2.1% |
| Associates | 1.5% |
| Bachelors | 55.5% |
| Masters | 39.1% |
| Doctorate | 1.5% |
Understanding how a Financial Data Scientist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Salaries for a Financial Data Scientist can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $119,509 in 2023 to around $117,665 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Financial Data Scientist salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $119,509 |
| 2024 | $118,925 |
| 2025 | $117,665 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Financial Data Scientist and their salaries, click below for more details.
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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