As of May 18, 2021, the average annual salary for Algorithmic Trader in Boston, MA is $118,974, equivalent to $57 per hour, $2,288 weekly, or $9,915 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Algorithmic Trader in cities like Santa Clara, San Jose, and Fremont.
Annually Salaries for Algorithmic Trader in Boston, MA vary widely, spanning from $99,333 to $130,534. Most professionals fall between the 25th percentile ($108,693) and 75th percentile ($125,025), while top earners (90th percentile) make $130,534 per year. This $16,332 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Wealth Management, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, Boston Algorithmic Trader often earn 2.5% higher than national averages. However, Boston currently ranks 63 statewide for Algorithmic Trader job salary. Professionals are advised to focus on high-growth sectors like Financial Services to offset market challenges.
