Average Financial Managers Salary in Athens-Clarke County, GA
Financial Managers in Athens-Clarke County, GA, earn an average annual salary of $146,500. This figure is notably below the national average of $184,480, suggesting that local market dynamics, industry concentration, and potentially the specific types of financial roles prevalent in the area influence compensation levels. The economic landscape of Athens-Clarke County shapes the earning potential for these critical finance professionals.
Executive Summary
- Average Salary: $146,500 per year.
- Growth Trend: Salaries have shifted 34.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $219,750.
- Outlook: With a total local workforce of 200 Financial Managers and a Location Quotient of 0.39, the job market in Athens-Clarke County, GA, indicates a lower concentration of these roles compared to the national average. While the absolute number of professionals is modest, the demand, as reflected by jobs per 1,000 workers at 2.065, suggests a steady, albeit not booming, presence of financial management opportunities within the county.
Salary Overview
The average Financial Managers in Athens-Clarke County, GA earns-20.6%below the national average.
$70.4
$2,817
$12,208
Financial Managers Salary Trends (2020-2024)
While specific historical data for Athens-Clarke County is not provided, it is generally assumed that salaries for Financial Managers nationwide have experienced consistent growth over the past four years, driven by inflation, increasing complexity in financial regulations, and a persistent demand for skilled professionals. This upward trend is likely reflected, to some degree, in the local market, even if the rate of increase may vary.
Financial Managers Salary Distribution in Athens-Clarke County, GA
Career progression for Financial Managers in Athens-Clarke County, GA, typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries well into the upper percentiles. The gap between entry-level and senior roles highlights the substantial financial rewards associated with career advancement and accumulated knowledge in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $73,870 | $35.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,875 | $52.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,380 | $61.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $183,125 | $88 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $219,750 | $105.6 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$146,500
Gross Pay
Real Wage (Purchasing Power)
$146,500
Adjusted for COL (100)
The average annual salary of $146,500 for Financial Managers in Athens-Clarke County, GA, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the nominal salary holds its purchasing power relative to the rest of the country, offering a stable financial footing for professionals considering a move to or within the area.
Job Market Context
200
Total Jobs
2.065
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Athens-Clarke County, GA has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.39 for Financial Managers in Athens-Clarke County, GA, signifies that the concentration of these roles is less than half of the national average. This suggests that the job market is not saturated, and while opportunities exist, they are less abundant proportionally than in national hubs. Professionals may find a more specialized or niche market for their skills within the county.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Gainesville, GA Financial Managers Salary | $154,350↑ 5% | 35 mi |
| Atlanta-Sandy Springs-Roswell, GA Financial Managers Salary | $192,630↑ 31% | 60 mi |
| South Georgia nonmetropolitan area Financial Managers Salary | $134,270↓ 8% | 65 mi |
| North Georgia nonmetropolitan area Financial Managers Salary | $140,960↓ 4% | 65 mi |
| Middle Georgia nonmetropolitan area Financial Managers Salary | $133,950↓ 9% | 65 mi |
Comparing salaries near Athens-Clarke County, GA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Athens-Clarke County, GA?
The median annual salary for a Financial Managers in Athens-Clarke County, GA is $146,500. This typically ranges from $73,870 for entry-level positions to $219,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Athens-Clarke County, GA is 20.6% lower than the national median of $184,480.
Is Athens-Clarke County, GA a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $146,500 is substantial, it falls significantly short of the national average of $184,480. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Athens-Clarke County, GA a good place to live for Financial Managers?
The Cost of Living Index in Athens-Clarke County, GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Athens-Clarke County, GA?
Some top paying nearby cities include Gainesville, GA ($154,350) and Atlanta-Sandy Springs-Roswell, GA.
How does the salary compare to the national average?
The average salary for Financial Managers in Athens-Clarke County, GA, is $146,500, which is approximately 20.6% lower than the national average of $184,480.
What is the concentration of Financial Managers in Athens-Clarke County, GA?
The concentration, measured by the Location Quotient, is 0.39, indicating that Financial Managers are less prevalent in Athens-Clarke County, GA, compared to the national average.
How does the cost of living affect the salary?
The cost of living in Athens-Clarke County, GA, is exactly at the national average (100). This means the $146,500 salary offers a purchasing power equivalent to the national standard.
What does a low Location Quotient imply for job seekers?
A Location Quotient below 1.0, like 0.39, suggests fewer job opportunities relative to the national landscape, potentially leading to a more competitive job market for specialized roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Athens-Clarke County, GA area with a job density of 2.065 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 Athens-Clarke County, GA