Average Financial Managers Salary in Brownsville-Harlingen, TX
Financial Managers in the Brownsville-Harlingen, TX area earn an average annual salary of $131,390. This figure is notably below the national average of $184,480, reflecting regional economic factors and a different market dynamic. The localized pay scale is influenced by the specific industry demands and the overall economic landscape of the South Texas region.
Executive Summary
- Average Salary: $131,390 per year.
- Growth Trend: Salaries have shifted 47.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $214,780.
- Outlook: The Brownsville-Harlingen area supports a local workforce of 290 Financial Managers. With a Location Quotient of 0.35, the concentration of these roles is significantly lower than the national average, suggesting a less saturated but potentially more specialized market. The presence of 1.859 jobs per 1,000 workers indicates a steady, albeit not booming, demand for financial expertise within the region.
Salary Overview
The average Financial Managers in Brownsville-Harlingen, TX earns-28.8%below the national average.
$63.2
$2,527
$10,949
Financial Managers Salary Trends (2020-2024)
While specific historical data for Brownsville-Harlingen is not provided, it is reasonable to assume that salaries for Financial Managers in this region have seen gradual growth over the past four years, mirroring national trends. Economic development and evolving business needs typically drive an upward trajectory in compensation for skilled professionals, even in markets with lower concentrations.
Financial Managers Salary Distribution in Brownsville-Harlingen, TX
Career progression for Financial Managers typically involves significant salary increases with experience. Entry-level positions might start considerably lower than the average, while senior roles, particularly those with extensive P&L responsibility or strategic oversight, can command salaries well above the $131,390 average. The percentile gaps in salary data underscore the substantial earning potential as one advances through the ranks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $70,150 | $33.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $98,543 | $47.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $122,050 | $58.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $164,238 | $79 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $214,780 | $103.3 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$131,390
Gross Pay
Real Wage (Purchasing Power)
$131,390
Adjusted for COL (100)
The average salary of $131,390 in Brownsville-Harlingen, TX, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in this area is equivalent to the national average, offering a stable financial standing relative to living expenses.
Job Market Context
290
Total Jobs
1.859
Per 1K Jobs
0.35
Location Quotient
At 0.35x, Brownsville-Harlingen, TX has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.35 indicates that Financial Managers are less concentrated in Brownsville-Harlingen compared to the national average. This suggests that while the overall number of opportunities might be smaller, professionals in this field may face less direct competition for available roles, potentially offering a unique advantage for skilled individuals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| McAllen-Edinburg-Mission, TX Financial Managers Salary | $132,700↑ 1% | 51 mi |
Comparing salaries near Brownsville-Harlingen, TX
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Brownsville-Harlingen, TX?
The median annual salary for a Financial Managers in Brownsville-Harlingen, TX is $131,390. This typically ranges from $70,150 for entry-level positions to $214,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Brownsville-Harlingen, TX is 28.8% lower than the national median of $184,480.
Is Brownsville-Harlingen, TX a lucrative place for Financial Managers?
No, it is not as lucrative as the national average.While the average salary of $131,390 is substantial, it falls significantly short of the national average of $184,480. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Brownsville-Harlingen, TX a good place to live for Financial Managers?
The Cost of Living Index in Brownsville-Harlingen, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Brownsville-Harlingen, TX?
Some top paying nearby cities include McAllen-Edinburg-Mission, TX ($132,700) and others.
How does the local job market compare to the national market for Financial Managers?
The local market in Brownsville-Harlingen has a lower concentration of Financial Managers (LQ of 0.35) and fewer jobs per capita compared to the national average, indicating a less dense but potentially specialized job pool.
What is the impact of the Cost of Living Index on the Financial Manager salary?
With a Cost of Living Index of 100, the Brownsville-Harlingen area matches the national average. This means the $131,390 salary offers purchasing power equivalent to the national average, without the added expense of a higher cost of living.
Are there many Financial Manager jobs in Brownsville-Harlingen?
There are 290 Financial Managers locally, with 1.859 jobs per 1,000 workers. While not a high concentration, it represents a consistent demand within the region's economic structure.
How much more can an experienced Financial Manager earn in Brownsville-Harlingen?
While specific data isn't provided, experienced Financial Managers typically earn significantly more than the average. Salary progression from entry-level to senior roles can lead to compensation well above the $131,390 average, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Brownsville-Harlingen, TX area with a job density of 1.859 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 Brownsville-Harlingen, TX