Average Financial Managers Salary in Abilene, TX
Financial Managers in Abilene, TX, can expect an average annual salary of $139,360. This figure is notably below the national average of $184,480, suggesting that local market dynamics and potentially a different industry focus in Abilene influence compensation levels for this critical finance role.
Executive Summary
- Average Salary: $139,360 per year.
- Growth Trend: Salaries have shifted 16.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,210.
- Outlook: With a local workforce of 280 Financial Managers and a Location Quotient of 0.7, Abilene, TX, presents a market that is less concentrated than the national average. While the absolute number of professionals is modest, the lower quotient indicates that the demand for Financial Managers may not be as robust or specialized as in larger metropolitan areas, suggesting a stable but not rapidly expanding job market.
Salary Overview
The average Financial Managers in Abilene, TX earns-24.5%below the national average.
$67
$2,680
$11,613
Financial Managers Salary Trends (2020-2024)
While specific historical data for Abilene is not provided, it's reasonable to assume that salaries for Financial Managers in most US markets have seen consistent, albeit varied, growth over the past four years, driven by inflation, increased demand for financial expertise, and evolving business needs. This general upward trend likely applies to Abilene as well, though the rate of increase may differ from national patterns.
Financial Managers Salary Distribution in Abilene, TX
The salary range for Financial Managers in Abilene, TX, will naturally expand with experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, requiring extensive experience and strategic oversight, command significantly higher compensation. The percentile gaps in salary distribution highlight the substantial career progression and earning potential available to those who advance within the financial management field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $73,420 | $35.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,520 | $50.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $126,760 | $60.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,200 | $83.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $220,210 | $105.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$139,360
Gross Pay
Real Wage (Purchasing Power)
$139,360
Adjusted for COL (100)
The average annual salary of $139,360 in Abilene, TX, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in Abilene is equivalent to that of someone earning the national average salary in a location with a national average cost of living, offering a stable financial footing.
Job Market Context
280
Total Jobs
3.731
Per 1K Jobs
0.7
Location Quotient
Abilene, TX has 0.70x the national average concentration of Financial Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.7 for Financial Managers in Abilene, TX, signifies that the concentration of these professionals in the local workforce is 30% lower than the national average. This suggests that the job market, while present, is less saturated, potentially offering a competitive edge for skilled individuals but also indicating that the overall demand might be more limited compared to areas with a higher concentration.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| San Angelo, TX Financial Managers Salary | $146,850↑ 5% | 81 mi |
Comparing salaries near Abilene, TX
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Abilene, TX?
The median annual salary for a Financial Managers in Abilene, TX is $139,360. This typically ranges from $73,420 for entry-level positions to $220,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Abilene, TX is 24.5% lower than the national median of $184,480.
Is Abilene, TX a lucrative place for Financial Managers?
No, not compared to the national average.While the average salary of $139,360 is substantial, it falls significantly short of the national average of $184,480. However, the cost of living in Abilene matches the national average, making the nominal salary's purchasing power comparable.
Is Abilene, TX a good place to live for Financial Managers?
The Cost of Living Index in Abilene, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Abilene, TX?
Some top paying nearby cities include San Angelo, TX ($146,850) and others.
How does Abilene's Financial Manager salary compare to the national average?
The average annual salary for Financial Managers in Abilene, TX, is $139,360, which is approximately 25% lower than the national average of $184,480.
What is the cost of living in Abilene, TX for Financial Managers?
Abilene, TX, has a Cost of Living Index of 100, which is exactly the national average. This means that the cost of goods and services is comparable to the national average.
How concentrated is the Financial Manager job market in Abilene, TX?
The market concentration, measured by the Location Quotient, is 0.7, indicating that Financial Managers are less concentrated in Abilene than the national average. This suggests a less competitive but potentially smaller job market.
What is the total number of Financial Managers in Abilene, TX?
There are approximately 280 Financial Managers employed in Abilene, TX, representing a modest segment of the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Abilene, TX area with a job density of 3.731 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Abilene, TX