The Average Salary of a Real Estate Investment Analyst
Real estate investment analysts are financial specialists who analyze credit risk in commercial real estate lending. They are charged with the task of preventing the lending institution from losing money by providing a bad loan to a borrower who is not creditworthy. The Bureau of Labor Statistics indicates that over 220,000 financial analysts were employed in the United States in 2010. Salaries for real estate investment analysts vary by location and employer.
Other People Are Reading
-
Average Salary
-
Real estate investment analysts working for banks made an average salary of $77,880 per year in 2010, according to the Bureau of Labor Statistics. This salary was lower than the average salary for all financial analysts nationwide, who earned an average annual salary of $86,040 in that same year. The bureau also notes that some financial analysts worked in the broad field of "other financial investment activities." These analysts made the highest average salaries at $112,640 per year.
Pay Scale
-
Placing the salary of real estate investment analysts within the larger pay scale for all financial analysts nationwide can provide some additional context. Real estate investment analysts and other financial analysts made salaries that typically ranged from $44,490 to $141,700 per year, as 2010, according to the BLS. Those in the lower 10 percent of the pay scale made less than the former figure, while the upper 10 percent made more than this latter figure. The median salary for those working in this field was $74,350 per year, with those in the middle half of the pay scale having annual salaries between $56,310 and $99,230.
-
Location
-
Where the real estate investment analyst lives can have an effect on his salary also. For instance, the Bureau of Labor Statistics indicates that the highest-paid analysts worked in New York, Connecticut, California, Oregon and the District of Columbia, with an average salary in excess of $93,000 per year in 2010. Salaries were lower in other populous states like Texas and Illinois. In Texas, analysts made an average salary of $79,570, while those working in Illinois averaged $81,340.
Job Outlook
-
The job forecast for those working as financial analysts appears favorable, based on projections made by the Bureau of Labor Statistics for the period from 2008 to 2018. The bureau indicates that job growth will occur at a faster than average rate of 20 percent for financial analysts during this time frame. However, those working in the specialization of real estate investment analysis will be somewhat dependent upon the cyclical nature of the real estate market.
-
References
- Photo Credit George Doyle/Stockbyte/Getty Images
