Quantitative Analyst Salary Guide

Quantitative Analysts apply mathematical, statistical and computational techniques to analyze complex data, build predictive models, and inform product, trading, or business decisions. In Technology - Data & Analytics, they design experiments, validate models, optimize algorithms, and collaborate with engineering and product teams to productionize analytics-driven solutions.

What is the average Quantitative Analyst salary?

Entry Level

$80,000 - $120,000

Mid Level

$120,000 - $180,000

Senior Level

$180,000 - $300,000+

How does Quantitative Analyst salary grow with experience?

$70,000 - $100,000
0-1
$100,000 - $140,000
2-4
$140,000 - $220,000
5-9
$200,000 - $350,000+ (includes leadership and specialized principal roles)+
10+
Base (min)
Top of range (max)
Max: $350k

Quantitative Analyst salary by location

San Francisco Bay Area, CA$140,000 - $300,000+ (total comp can exceed with equity/bonus)
New York City, NY$130,000 - $280,000+ (strong finance/adtech premiums)
Seattle, WA$120,000 - $240,000 (tech companies with equity opportunities)
Boston/Cambridge, MA$115,000 - $220,000 (strong biotech/finance demand)
Remote / Smaller markets$90,000 - $160,000 (varies widely by company policy)
Base (min)
Top of range (max)

What factors affect a Quantitative Analyst's salary?

  • Industry and company type (finance/hedge funds and FAANG-style tech generally pay more)
  • Technical skillset (machine learning, programming in Python/C++, distributed data systems)
  • Location and cost of living (major tech/finance hubs offer premiums)
  • Seniority, track record and ability to productionize models (impact on product/revenue)
  • Compensation mix (base vs. bonus vs. equity; startups may offer lower base but higher equity)

Frequently Asked Questions About Quantitative Analyst Salaries

What is the average salary for a Quantitative Analyst?

Average salaries vary by level: entry-level typically ranges $80K–$120K, mid-level $120K–$180K, and senior roles $180K–$300K+, depending on location and industry.

How does location affect a Quantitative Analyst's pay?

Location significantly affects pay: major tech hubs like San Francisco and New York pay materially higher base salaries and total compensation than smaller markets or remote roles.

Which skills most increase a Quantitative Analyst's salary?

High-impact skills include advanced statistical modeling, machine learning, strong programming (Python/C++/R), experience with large-scale data systems, and domain expertise (finance, adtech, ML infra).

Can Quantitative Analysts earn bonuses or equity?

Yes. Many employers supplement base pay with performance bonuses, signing bonuses, and equity (RSUs/stock options), especially at startups and large tech firms.

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