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Average Financial Managers Salary in Boise City, ID

Financial Managers in Boise City, ID, earn an average annual salary of $142,370. This figure is notably below the national average of $184,480, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within the region.

Executive Summary

  • Average Salary: $142,370 per year.
  • Growth Trend: Salaries have shifted 29.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $216,160.
  • Outlook: Boise City hosts a local workforce of 1,390 Financial Managers. With a Location Quotient of 0.68, the concentration of these roles is below the national average, indicating a less saturated but potentially growing market. The presence of 3.606 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for financial expertise in the area.
2024 Market Data

Salary Overview

$142,370

The average Financial Managers in Boise City, ID earns-22.8%below the national average.

BreakdownBased on 40h/week
Hourly

$68.5

Weekly

$2,738

Monthly

$11,864

Financial Managers Salary Distribution in Boise City, ID

The salary trajectory for Financial Managers in Boise City typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the upper percentiles, reflecting a substantial increase in earning potential as careers progress.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,390$37.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$106,778$51.3
ManagerOversees team, compliance, and project delivery.50% (Median)$127,670$61.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$177,963$85.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$216,160$103.9

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$142,370

Gross Pay

Real Wage (Purchasing Power)

$142,370

Adjusted for COL (100)

The average annual salary of $142,370 in Boise City aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in Boise is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

1,390

Total Jobs

3.606

Per 1K Jobs

0.68

Location Quotient

Below Average

Boise City, ID has 0.68x 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 0.68 for Financial Managers in Boise City indicates that the profession is less concentrated locally compared to the national average. This suggests that while the demand exists, the market is not oversaturated, potentially offering good opportunities for skilled professionals, but also implying that the sheer volume of available positions might be lower than in more concentrated national hubs.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Southeast-Central Idaho nonmetropolitan area Financial Managers Salary$125,900↓ 12%96 mi
Northwestern Idaho nonmetropolitan area Financial Managers Salary$127,560↓ 10%96 mi

Comparing salaries near Boise City, ID

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Boise City, ID?

The median annual salary for a Financial Managers in Boise City, ID is $142,370. This typically ranges from $77,390 for entry-level positions to $216,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Boise City, ID is 22.8% lower than the national median of $184,480.

Is Boise City, ID a lucrative place for Financial Managers?

No, not compared to the national average.While Boise City offers a solid average salary of $142,370, it falls short of the national average of $184,480. However, the Cost of Living is at the national average, making the nominal salary's purchasing power comparable nationally.

Is Boise City, ID a good place to live for Financial Managers?

The Cost of Living Index in Boise City, ID is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Boise City, ID?

Some top paying nearby cities include Southeast-Central Idaho nonmetropolitan area ($125,900) and Northwestern Idaho nonmetropolitan area.

What is the average salary for a Financial Manager in Boise City, ID?

The average annual salary for a Financial Manager in Boise City, ID is $142,370.

How does Boise City's Financial Manager salary compare to the national average?

The average salary in Boise City ($142,370) is lower than the national average ($184,480).

What is the Cost of Living in Boise City, ID?

Boise City's Cost of Living Index is 100, which is exactly the national average.

Is there high demand for Financial Managers in Boise City?

With 3.606 jobs per 1,000 workers and a Location Quotient of 0.68, the demand is steady but not exceptionally high compared to national concentrations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,390 employees in the Boise City, ID area with a job density of 3.606 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Boise City, ID