Entry-level Quantitative Analyst salary in Boston, MA
Based on 62 certified H-1B filings at DOL wage level I in the Boston-Cambridge-Newton, MA-NH metro area, FY2025–FY2026. Includes Cambridge, Waltham, Burlington, Malden, Quincy.
Salary range
| Percentile | Salary |
|---|---|
| 10th | $63,211 |
| 25th | $76,000 |
| 50th (median) | $89,714 |
| 75th | $119,750 |
| 90th | $148,900 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | $64,490 | $60,500 | $70,000 | 28 |
| FY2021 | $72,966 | $63,000 | $78,000 | 17 |
| FY2022 | $72,900 | $63,003 | $87,250 | 24 |
| FY2023 | $71,183 | $60,356 | $85,250 | 26 |
| FY2024 | $70,500 | $63,473 | $80,755 | 22 |
| FY2025 | $86,850 | $76,250 | $98,750 | 34 |
| FY2026 | $90,000 | $75,000 | $120,000 | 28 |
Cost of living
Boston's median entry-level Quantitative Analyst salary of $89,714 is worth about $82,900 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; Boston = 108.3).
Compared with all workers here
All Financial Quantitative Analysts in the Boston, MA area earned a median of $100,150 in May 2025. The H-1B median here is $89,714, 10% lower.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Employers filing at this level
| Employer | Median | Filings |
|---|---|---|
| State Street Bank and Trust Company | $91,754 | 12 |
| Fidelity Investments | too few | 5 |
| CRA International | too few | 5 |
| Grantham, Mayo, Van Otterloo | too few | 3 |
| Cbre | too few | 2 |
| CIBC National Trust Company | too few | 2 |
| DR Advisory Group | too few | 2 |
| EverQuote | too few | 2 |
| Massachusetts Mutual Life Insurance Company | too few | 2 |
| Rockland Trust Company | too few | 2 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $89,714 | 62 |
| Mid-level · Level II | $104,313 | 110 |
| Senior · Level III | $124,000 | 49 |
| Expert · Level IV | $139,538 | 91 |
Median shown when a level has at least 10 filings.
Minimum H-1B salary by level
| Wage level | Prevailing wage (most common) | Median offered salary | Filings |
|---|---|---|---|
| Entry-level · Level I | $63,211 | $89,714 | 62 |
| Mid-level · Level II | $82,014 | $104,313 | 110 |
| Senior · Level III | $103,626 | $124,000 | 49 |
| Expert · Level IV | $124,987 | $139,538 | 91 |
The prevailing wage is the minimum an employer must pay for this job and area. Amounts vary by county within a metro and by wage source.