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Average Financial Examiners Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Financial Examiners in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area earn an impressive average annual salary of $104,990. This figure notably surpasses the national average of $99,150, indicating a strong demand and potentially higher value placed on these professionals within this specific economic region. Local market dynamics and industry concentration likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $104,990 per year.
  • Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,520.
  • Outlook: The Philadelphia-Camden-Wilmington area supports a robust local workforce of 1,200 Financial Examiners. With a Location Quotient of 1.03, the concentration of these roles is slightly above the national average, suggesting a stable and potentially growing job market for this profession. The presence of a significant number of professionals in this field indicates a healthy demand and a well-established industry presence.
2024 Market Data

Salary Overview

$104,990

The average Financial Examiners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+5.9%above the national average.

BreakdownBased on 40h/week
Hourly

$50.5

Weekly

$2,019

Monthly

$8,749

Financial Examiners Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Financial Examiners in Philadelphia-Camden-Wilmington is strongly reflected in salary differentials. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly above the average. The widening gap between entry-level and senior roles underscores the value of accumulated expertise and career advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,510$29.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,743$37.9
ManagerOversees team, compliance, and project delivery.50% (Median)$95,230$45.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$131,238$63.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$169,520$81.5

Detailed Financial Examiners Market Analysis

Relocation Context

Nominal Salary

$104,990

Gross Pay

Real Wage (Purchasing Power)

$104,990

Adjusted for COL (100)

The average annual salary of $104,990 in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Financial Examiner's salary in this region is equivalent to the national standard, offering a stable financial footing without the immediate pressure of a significantly higher or lower cost of living.

Job Market Context

1,200

Total Jobs

0.42

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Financial Examiners roles compared to the national norm.

A Location Quotient of 1.03 for Financial Examiners in Philadelphia-Camden-Wilmington indicates a job market that is slightly more concentrated than the national average. This suggests a competitive environment where employers may actively seek qualified candidates, but also implies a healthy ecosystem of opportunities for those in the profession. The market is neither saturated nor scarce, presenting a balanced landscape for employment.

Nearby Job Markets

Nearby Cities for Financial Examiners

CitySalaryDist.
Trenton-Princeton, NJ Financial Examiners Salary$99,210↓ 6%28 mi
Allentown-Bethlehem-Easton, PA-NJ Financial Examiners Salary$95,470↓ 9%47 mi

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Financial Examinerss?

Frequently Asked Questions

How much does a Financial Examiners make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Financial Examiners in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $104,990. This typically ranges from $61,510 for entry-level positions to $169,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 5.9% higher than the national median of $99,150.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Financial Examiners?

Yes, it is a lucrative place for Financial Examiners.The average salary of $104,990 is higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Financial Examiners?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($99,210) and Allentown-Bethlehem-Easton, PA-NJ.

How does the Philadelphia-Camden-Wilmington salary compare to the national average?

Financial Examiners in Philadelphia-Camden-Wilmington earn an average of $104,990 annually, which is approximately $5,840 more than the national average of $99,150.

What is the concentration of Financial Examiners in this area?

The Location Quotient of 1.03 signifies that Financial Examiners are slightly more concentrated in the Philadelphia-Camden-Wilmington area compared to the national average, suggesting a robust local presence of this profession.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the Philadelphia-Camden-Wilmington area matches the national average. This means the higher salary of $104,990 provides purchasing power equivalent to the national average, making it a financially stable location.

What is the total number of Financial Examiners in this region?

The Philadelphia-Camden-Wilmington metropolitan area employs approximately 1,200 Financial Examiners, indicating a significant local job market for this specialized role.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,200 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.42 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Semantic Salary Analysis for Financial Examiners • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD