Average Financial Managers Salary in Boulder, CO
Financial Managers in Boulder, Colorado, command an impressive average annual salary of $203,880, significantly surpassing the national average of $184,480. This elevated compensation is often a reflection of the specialized skill set required for financial leadership roles and the economic vitality of the Boulder area, which may include a strong presence of technology and research-driven industries demanding sophisticated financial oversight.
Executive Summary
- Average Salary: $203,880 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $305,820.
- Outlook: With a local workforce of 760 Financial Managers and a Location Quotient of 0.73, Boulder presents a moderately concentrated but stable job market for this profession. While not as densely populated with financial managers as the national average, the existing workforce of nearly 3.9 per 1,000 workers suggests consistent demand and a solid foundation for career opportunities within the city.
Salary Overview
The average Financial Managers in Boulder, CO earns+10.5%above the national average.
$98
$3,921
$16,990
Financial Managers Salary Trends (2020-2024)
While specific historical data for Boulder's Financial Manager salaries over the past four years is not provided, it is reasonable to assume a trend of steady growth, mirroring national patterns. Economic expansion, inflation, and increasing demand for financial expertise typically drive upward salary adjustments for skilled professionals in finance, suggesting that compensation for Financial Managers in Boulder has likely seen consistent appreciation.
Financial Managers Salary Distribution in Boulder, CO
The salary spectrum for Financial Managers in Boulder, CO, shows significant growth potential with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized knowledge can command salaries in the upper percentiles, potentially exceeding $250,000. These percentile gaps clearly signify the career progression and increased earning capacity tied to accumulating expertise and responsibility in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $122,970 | $59.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $152,910 | $73.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $177,910 | $85.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $254,850 | $122.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $305,820 | $147 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$203,880
Gross Pay
Real Wage (Purchasing Power)
$203,880
Adjusted for COL (100)
The nominal average annual salary of $203,880 in Boulder, CO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the gross income is higher than the national average, the purchasing power of that income is comparable to the national standard, indicating that the higher salaries are effectively offset by the cost of living in Boulder.
Job Market Context
760
Total Jobs
3.887
Per 1K Jobs
0.73
Location Quotient
Boulder, CO has 0.73x 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 0.73 indicates that Financial Managers are slightly less concentrated in Boulder, CO, compared to the national average. This suggests that while the profession is well-established, the market may not be oversaturated, potentially offering good opportunities for skilled individuals. It implies a healthy demand relative to the available workforce, making it a competitive yet accessible market for qualified candidates.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Financial Managers Salary | $203,790↓ 0% | 27 mi |
| Greeley, CO Financial Managers Salary | $192,400↓ 6% | 37 mi |
| Fort Collins-Loveland, CO Financial Managers Salary | $189,110↓ 7% | 37 mi |
| Northwest Colorado nonmetropolitan area Financial Managers Salary | $166,900↓ 18% | 67 mi |
| Southwest Colorado nonmetropolitan area Financial Managers Salary | $156,300↓ 23% | 67 mi |
Comparing salaries near Boulder, CO
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Boulder, CO?
The median annual salary for a Financial Managers in Boulder, CO is $203,880. This typically ranges from $122,970 for entry-level positions to $305,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boulder, CO is 10.5% higher than the national median of $184,480.
Is Boulder, CO a lucrative place for Financial Managers?
Yes, Boulder, CO is a lucrative place for Financial Managers.Financial Managers in Boulder earn an average of $203,880, which is above the national average, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Boulder, CO a good place to live for Financial Managers?
The Cost of Living Index in Boulder, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boulder, CO?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($203,790) and Greeley, CO.
How does Boulder's Financial Manager salary compare to the national average?
The average annual salary for Financial Managers in Boulder, CO, is $203,880, which is notably higher than the national average of $184,480.
What is the job market like for Financial Managers in Boulder?
Boulder has a stable job market for Financial Managers, with a local workforce of 760 and a Location Quotient of 0.73, indicating consistent demand without extreme concentration.
Does the cost of living in Boulder affect the value of a Financial Manager's salary?
No, the cost of living in Boulder is at the national average (100), meaning the higher nominal salary of $203,880 offers purchasing power equivalent to the national average.
How many Financial Manager jobs are there per 1,000 workers in Boulder?
There are approximately 3.887 Financial Manager jobs per 1,000 workers in Boulder, CO.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Boulder, CO area with a job density of 3.887 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 Boulder, CO