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Average Financial Examiners Salary in Texas

Financial Examiners in Texas earn an average annual salary of $87,180. This figure is notably below the national average of $99,150, reflecting a complex interplay of regional economic factors and industry demand within the state. While the nominal salary is lower, understanding the local cost of living is crucial for a complete picture of earning potential.

Executive Summary

  • Average Salary: $87,180 per year.
  • Growth Trend: Salaries have shifted 5.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,670.
  • Outlook: With a local workforce of 6,060 Financial Examiners, Texas demonstrates a significant presence in this sector. The Location Quotient of 1.07 suggests a concentration of these professionals slightly above the national average, indicating a stable and potentially growing demand for their specialized skills within the state's financial landscape.
2024 Market Data

Salary Overview

$87,180

The average Financial Examiners in Texas earns-12.1%below the national average.

BreakdownBased on 40h/week
Hourly

$41.9

Weekly

$1,677

Monthly

$7,265

Financial Examiners Salary Distribution in Texas

The career trajectory for Financial Examiners in Texas typically shows a clear correlation between experience and compensation. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized certifications can command salaries in the upper percentiles, reflecting significant career progression and increased responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,900$24.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,385$31.4
ManagerOversees team, compliance, and project delivery.50% (Median)$77,990$37.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$108,975$52.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,670$64.7

Detailed Financial Examiners Market Analysis

Relocation Context

Nominal Salary

$87,180

Gross Pay

Real Wage (Purchasing Power)

$93,742

Adjusted for COL (93)

The average salary of $87,180 in Texas presents a favorable financial standing when considering the local Cost of Living Index of 93. This index, being below the national average of 100, means that the purchasing power of a Financial Examiner's salary in Texas is relatively higher than in more expensive regions, potentially offsetting the lower nominal wage.

Job Market Context

6,060

Total Jobs

0.437

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Texas has a slightly higher-than-average concentration of Financial Examiners roles compared to the national norm.

A Location Quotient of 1.07 for Financial Examiners in Texas indicates that the state employs a slightly higher proportion of these professionals compared to the national average. This suggests a healthy and competitive job market where demand is at least on par with, or slightly exceeding, the national distribution, offering ample opportunities for skilled individuals.

Nearby Job Markets

Nearby Cities for Financial Examiners

CitySalaryDist.
Killeen-Temple, TX Financial Examiners Salary$54,110↓ 38%10 mi
Austin-Round Rock-San Marcos, TX Financial Examiners Salary$99,630↑ 14%53 mi

Comparing salaries near Texas

Hiring Financial Examinerss?

Frequently Asked Questions

How much does a Financial Examiners make in Texas?

The median annual salary for a Financial Examiners in Texas is $87,180. This typically ranges from $50,900 for entry-level positions to $134,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 12.1% lower than the national median of $99,150.

Is Texas a lucrative place for Financial Examiners?

Yes, with a caveat.While the average salary is below the national average, the lower cost of living in Texas enhances the purchasing power of the $87,180 salary. The stable job market concentration also suggests good opportunities.

Is Texas a good place to live for Financial Examiners?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($54,110) and Austin-Round Rock-San Marcos, TX.

How does the Texas salary compare to the national average?

Financial Examiners in Texas earn an average of $87,180 annually, which is approximately $12,000 less than the national average of $99,150.

What is the concentration of Financial Examiners in Texas?

Texas has a Location Quotient of 1.07 for Financial Examiners, meaning the concentration of these jobs is slightly higher than the national average, indicating a robust presence.

How does the cost of living affect the Financial Examiner salary in Texas?

With a Cost of Living Index of 93 (100 being the national average), the $87,180 salary in Texas offers better purchasing power than a similar nominal salary in a higher cost-of-living area.

What is the total number of Financial Examiners in Texas?

There are approximately 6,060 Financial Examiners employed in Texas, contributing to a significant portion of the state's financial sector workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,060 employees in the Texas area with a job density of 0.437 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Examiners • Data source: BLS OEWS 2024 •Jobs in Texas