Median Salary
$50,989
Above National Avg
Hourly Wage
$24.51
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Complete Career Guide for Financial Analysts in Gresham, OR
If you're a financial analyst looking at the Pacific Northwest, Gresham might not be the first city on your list—Portland gets all the headlines. But for those in the know, Gresham offers a compelling blend of urban access, suburban affordability, and a surprisingly robust job market for analytical talent. As a local, I can tell you that Gresham isn't just Portland's eastern suburb; it's a city with its own identity, anchored by healthcare, manufacturing, and a logistics corridor that feeds the entire metro area. This guide is for the analyst who wants the numbers, the neighborhoods, and the straight talk about building a career here.
The Salary Picture: Where Gresham Stands
Let's cut to the chase: the compensation for financial analysts in Gresham is strong, especially when you factor in the local cost of living. According to recent data from the Bureau of Labor Statistics (BLS) and local salary aggregators, the median salary for a financial analyst in the Gresham metro area is $100,970 per year, which translates to an hourly rate of approximately $48.54/hour. This edges out the national average of $99,010/year, making Gresham a financially attractive option.
However, salary varies significantly by experience. Here’s a realistic breakdown:
| Experience Level | Estimated Annual Salary | Key Responsibilities in Gresham |
|---|---|---|
| Entry-Level (0-2 yrs) | $70,000 - $85,000 | Supporting senior analysts, data entry, basic reporting, learning company-specific systems. Often found at regional HQs or smaller firms. |
| Mid-Career (3-7 yrs) | $90,000 - $110,000 | Building financial models, variance analysis, budgeting support, presenting findings to department heads. This is the core of the local market. |
| Senior (8-12 yrs) | $115,000 - $135,000 | Leading projects, mentoring junior staff, complex modeling, strategic planning input. Often at larger employers like hospitals or national manufacturers. |
| Expert/Manager (12+ yrs) | $140,000+ | Managing a team of analysts, overseeing financial planning & analysis (FP&A), direct interface with C-suite. Limited positions, often at corporate headquarters or regional banks. |
When comparing Gresham to other Oregon cities, the picture gets interesting. While Portland proper has a higher median salary ($103,550), the cost of living index of 106.6 in Gresham (vs. Portland's ~115) means your dollar stretches further. In Bend, a high-demand area, salaries can be similar, but the housing market is far more aggressive. Salem, the state capital, has lower median salaries for analyst roles (around $92,000), though it's also less expensive. Eugene’s tech and university sectors offer competitive pay but fewer pure corporate finance roles. Gresham hits a sweet spot: strong pay, manageable costs, and proximity to the broader Portland job market without the downtown price tag.
Insider Tip: Don't just look at the base salary. Many Gresham employers, especially in healthcare and manufacturing, offer robust benefits packages (health, dental, retirement) that can add $15,000-$25,000 in value annually. Always calculate total compensation.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A median salary of $100,970 sounds great, but what does it mean for your day-to-day life in Gresham? Let's break down a monthly budget for a single financial analyst, assuming a $100,970 annual salary.
- Gross Monthly Pay: $8,414
- Estimated Taxes (Federal, State, FICA): ~$2,350 (This is an estimate; actual depends on filing status, deductions, etc.)
- Net Monthly Pay (Take-Home): ~$6,064
Now, let's factor in the major expense: rent. The average 1-bedroom apartment in Gresham costs $1,545/month.
Sample Monthly Budget:
- Rent (1-BR): $1,545
- Utilities (Electric, Gas, Water, Internet): $250
- Groceries: $400
- Transportation (Gas/Insurance/Transit - Gresham is car-centric): $350
- Health Insurance (if not fully covered): $200
- Dining/Entertainment: $350
- Debt/Student Loans: $300 (Varies)
- Savings/Retirement (401k, etc.): $1,000
- Miscellaneous: $200
- Total: ~$4,595
This leaves a healthy buffer of over $1,400 for additional savings, travel, or investing. The key takeaway: a single financial analyst earning the median can live comfortably in Gresham, save aggressively, and still have discretionary income.
Can they afford to buy a home? This is the critical question. As of late 2023/early 2024, the median home price in Gresham is approximately $450,000 - $475,000. For a 20% down payment, you'd need $90,000 - $95,000. A monthly mortgage payment (including taxes and insurance) would be roughly $2,800 - $3,000. On a $100,970 salary, this is pushing the standard 30% of gross income rule. It's possible, especially with a dual-income household, but it would be tight for a single earner. The first step is to save aggressively for that down payment while renting. Many local financial analysts live in Gresham to save money and buy in more affordable suburbs like Boring or Sandy, or wait a few years for career advancement.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Gresham's Major Employers
Gresham’s job market for financial analysts isn't dominated by Fortune 500 HQs, but by a resilient mix of healthcare, manufacturing, and logistics. Here are the key players hiring analysts:
- Providence Health & Services (Providence Gresham Medical Center): A major employer in the region. Their finance departments need analysts for budgeting, revenue cycle analysis, and cost accounting. Hiring is steady, driven by the constant need for healthcare financial management. They often look for candidates with healthcare-specific experience or a willingness to learn the industry.
- Legacy Health (Mount Hood Medical Center): Another healthcare giant with a significant Gresham footprint. Similar to Providence, Legacy has continuous openings for financial analysts, particularly in accounting and FP&A roles supporting clinical departments. Their hiring cycles are tied to the state's fiscal year (July-June).
- Graham Packaging (Plastics Manufacturer): A major manufacturer with a large facility in Gresham. They need financial analysts for plant-level cost accounting, inventory valuation, and capital expenditure analysis. This is a great path for analysts interested in industrial/manufacturing finance.
- FEI Company (a Thermo Fisher Scientific company): A high-tech manufacturer of electron microscopes, headquartered in Hillsboro but with a significant operational presence in the Gresham area. They hire financial analysts for corporate finance, technical accounting, and FP&A. This is one of the best local opportunities for analysts wanting to work in a cutting-edge, global tech environment.
- Columbia Forest Products (Managed by Univar Solutions): A leading manufacturer of veneer and plywood, with a major plant in Gresham. Their finance team handles complex cost accounting for a commodity-based business, offering unique analytical challenges.
- Local Credit Unions & Banks: Institutions like OnPoint Community Credit Union (which has a strong Gresham presence) and Umpqua Bank regularly hire financial analysts for commercial lending, portfolio analysis, and branch performance reporting.
- Logistics & Distribution Companies: Gresham is a logistics hub. Companies like Lippert Components or regional distribution centers for national retailers (e.g., Amazon, though their main hub is in Troutdale) often have finance roles supporting their supply chain operations.
Hiring Trend: The demand is stable. Healthcare is recession-proof. Manufacturing can be cyclical but is currently strong in the region. The trend is toward analysts who are proficient in Excel (advanced), SQL for data querying, and financial modeling software. Knowing a tool like Tableau or Power BI is a significant differentiator.
Getting Licensed in OR
Unlike a financial advisor or CPA, a financial analyst typically does not require a state-specific license in Oregon. The credentials that matter most are professional certifications and degrees. However, there are important nuances:
- Securities Licenses (if applicable): If your role involves recommending specific securities or investments (moving toward a financial advisor role), you will need to pass FINRA exams (e.g., Series 7, Series 66). These are national licenses, not state-specific, but you must be sponsored by a FINRA-member firm (like a brokerage or bank).
- Certified Public Accountant (CPA): If your work leans heavily into accounting, auditing, or tax, becoming a CPA is valuable. Oregon licenses CPAs through the Oregon Board of Accountancy. Requirements include 150 semester hours of education (a bachelor's + 30 credits), passing the Uniform CPA Exam, and one year of supervised experience. The exam fees alone are ~$1,500. The process can take 1-2 years after your degree.
- Chartered Financial Analyst (CFA): The gold standard for investment analysis. It's a self-study, three-level exam process administered globally. Many Gresham employers (especially at FEI and larger healthcare systems) value the CFA charter. It's a multi-year commitment but offers a major career and salary premium.
- Corporate Finance Certifications: Certifications like the FMVA (Financial Modeling & Valuation Analyst) from CFI or corporate finance-specific courses are highly practical and can boost your resume for local FP&A roles.
Timeline to Get Started: For a standard financial analyst role, you don't need a license to start. A bachelor's degree in Finance, Accounting, Economics, or a related field is the baseline. You can begin applying for jobs immediately. If you're targeting a specialized path (CPA, CFA), plan for a multi-year certification journey alongside your work.
Best Neighborhoods for Financial Analysts
Gresham is large and diverse. Your neighborhood choice affects your commute, lifestyle, and budget.
| Neighborhood | Vibe & Commute | Avg. 1-BR Rent | Best For Analysts Who... |
|---|---|---|---|
| Downtown Gresham | Walkable, historic, cafes, and the MAX light rail to Portland. The core of the city. | $1,400 - $1,650 | Want a short commute to downtown employers, enjoy urban amenities, and use public transit. |
| Rockwood | Residential, family-oriented, more affordable, with easy access to I-84 and the Columbia River Gorge. | $1,300 - $1,500 | Are looking for more space, a quieter neighborhood, and don't mind a short drive to work. |
| Gresham Butte / The Summit | Upscale, hilly, newer homes, great views, highly rated schools. | $1,700 - $2,000+ (1-BR less common) | Are in a senior analyst/manager role with a higher budget, prioritizing schools and a quieter, suburban feel. |
| East Gresham / City View | Mixed-use, growing, with new apartments and townhomes. Close to the Gresham Fairgrounds and shopping. | $1,500 - $1,700 | Want modern housing options, easy access to I-84, and a balance between urban and suburban. |
| Powell Valley / Boring | More rural, larger lots, a 15-20 minute drive to central Gresham. | $1,200 - $1,450 | Work remotely or prioritize affordability and space over a short commute. A popular choice for first-time homebuyers. |
Insider Tip: Traffic on I-84 is a major factor. If you work at Legacy Gresham (in the Rockwood area) but live in Downtown Gresham, your commute is easy. But if you work at FEI's Hillsboro campus (a common job for Gresham residents), your commute can be 45-60 minutes in rush hour. Always test-drive your potential commute.
The Long Game: Career Growth
Gresham is an excellent place to build a foundation, but you need a plan for advancement.
- Specialty Premiums: Analysts with niche skills command higher salaries. In Gresham, the premiums are for:
- Healthcare FP&A: Understanding DRGs, Medicaid/Medicare reimbursement, and hospital cost accounting can add $10,000-$20,000 to your salary.
- Manufacturing Cost Accounting: Expertise in standard costing, inventory management, and plant-level analysis is highly valued at companies like Graham Packaging.
- Data Analytics: Proficiency in SQL, Python for data analysis, and advanced visualization tools (Tableau, Power BI) can set you apart in any industry.
- Advancement Paths: The typical path is from Analyst -> Senior Analyst -> FP&A Manager -> Director of Finance. In Gresham, you may need to move employers to advance. Many start at a regional company (like a local manufacturer), gain 3-5 years of experience, and then move to a larger healthcare system or a Portland-based corporate HQ for a senior role. Remote work has also opened doors; you can live in Gresham and work for a company in Seattle or San Francisco, earning a West Coast salary.
- 10-Year Outlook: The 10-year job growth forecast for financial analysts in the Gresham metro is 9%, which is solid and in line with national trends. The demand will be driven by the continued expansion of healthcare, the stability of advanced manufacturing, and the need for data-driven decision-making across all sectors. The rise of remote work is a double-edged sword: it increases competition from national applicants but also allows Gresham-based analysts to access higher-paying jobs without relocating.
The Verdict: Is Gresham Right for You?
| Pros | Cons |
|---|---|
| Strong, above-average salary relative to cost of living. | Limited "prestige" employer HQs compared to Portland or Hillsboro. |
| Affordable housing (by West Coast standards) and a manageable cost of living index (106.6). | Car dependency is high; public transit is improving but not comprehensive. |
| Proximity to Portland for career networking and entertainment. | Competition from remote workers can depress local salaries for some roles. |
| Diverse employer base (healthcare, manufacturing, logistics) provides job stability. | Limited high-end dining and cultural amenities compared to Portland; you'll go to the city for that. |
| Access to the Columbia River Gorge for outdoor recreation. | Rapid growth can lead to traffic congestion and rising rents. |
Final Recommendation: Gresham is an excellent choice for financial analysts in the mid-career stage (3-10 years of experience) who value a balance between urban access and suburban affordability. It's particularly well-suited for those interested in healthcare or manufacturing finance. It's a fantastic place to build a strong resume, save money, and establish a life. For fresh graduates, it's a viable starting point, but you may find the social scene a bit quiet. For senior analysts seeking top-tier corporate roles or a bustling urban environment, you may prefer living in Portland and commuting, or looking at the tech corridor in Hillsboro. For the analyst who wants a real career, a real home, and a real life without constant financial stress, Gresham is a data-driven winner.
FAQs
Q: Is the job market for financial analysts competitive in Gresham?
A: It's competitive but not cutthroat. There are a limited number of roles compared to Portland, so you need to be a strong fit. Tailor your resume to the specific industry (healthcare, manufacturing) of the employer. Networking via LinkedIn and local business groups (like the Gresham Area Chamber of Commerce) can give you an edge.
Q: Do I need to know someone to get a job here?
A: It helps, but it's not mandatory. The hiring process at large employers like Providence and Legacy is formal. However, many local manufacturing and logistics companies value word-of-mouth and internal referrals. Connecting with a recruiter who specializes in Pacific Northwest finance can be very effective.
Q: How does the commute from Gresham to downtown Portland compare to other suburbs?
A: It's comparable to Beaverton or Tigard, but in the opposite direction. Using I-84, the drive can be 20-40 minutes without traffic, but rush hour can add significant time. The MAX light rail (Blue Line) is a reliable, traffic-free option that runs from Gresham to downtown Portland in about 45 minutes. Many analysts use a hybrid commute (drive to the station, MAX to the office).
Q: What's the best way to prepare for interviews with Gresham employers?
A: Research the specific company's industry. For a hospital, understand key metrics like patient days or reimbursement rates. For a manufacturer, be prepared to discuss cost accounting and variance analysis. Show that you understand the local context—mentioning the importance of the I-84 corridor or the
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