Average Financial Managers Salary in Central New Hampshire nonmetropolitan area
Financial Managers in the Central New Hampshire nonmetropolitan area earn an average annual salary of $148,770. This figure is notably below the national average of $184,480, reflecting the unique economic landscape and demand specific to this region. Factors such as industry concentration and the overall size of the financial sector within this nonmetropolitan area contribute to this localized compensation.
Executive Summary
- Average Salary: $148,770 per year.
- Growth Trend: Salaries have shifted 31.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $225,930.
- Outlook: With a total local workforce of 430 Financial Managers, the job market in Central New Hampshire presents a stable, albeit not expansive, opportunity. The location quotient of 0.87 suggests a concentration slightly below the national average, indicating a moderate level of demand relative to the number of professionals in the field. This suggests a consistent need for financial expertise without an overwhelming surplus of available talent.
Salary Overview
The average Financial Managers in Central New Hampshire nonmetropolitan area earns-19.4%below the national average.
$71.5
$2,861
$12,398
Financial Managers Salary Trends (2020-2024)
While specific historical data for Central New Hampshire's Financial Manager salaries is not provided, it is reasonable to assume a general upward trend over the past four years, mirroring national economic patterns. Salary growth in this sector typically correlates with inflation, increased demand for financial expertise, and the evolving complexity of financial regulations and markets, suggesting that compensation has likely seen incremental increases.
Financial Managers Salary Distribution in Central New Hampshire nonmetropolitan area
The salary progression for Financial Managers in Central New Hampshire typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career progression pathways and the increasing value placed on expertise and leadership within the financial management field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $76,490 | $36.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,578 | $53.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $132,940 | $63.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $185,963 | $89.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $225,930 | $108.6 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$148,770
Gross Pay
Real Wage (Purchasing Power)
$148,770
Adjusted for COL (100)
The average annual salary of $148,770 in Central New Hampshire aligns perfectly with the national average cost of living index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, suggesting that the cost of goods and services in this nonmetropolitan area is neither a significant advantage nor a disadvantage when compared to the broader national economic context.
Job Market Context
430
Total Jobs
4.633
Per 1K Jobs
0.87
Location Quotient
Central New Hampshire nonmetropolitan area has 0.87x 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.
The location quotient of 0.87 for Financial Managers in Central New Hampshire indicates a job market that is slightly less concentrated than the national average. This suggests that while the profession is present and valued, it is not a dominant industry hub. The market is likely characterized by a steady demand from local businesses rather than intense competition among a large pool of specialized professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Financial Managers Salary | $159,450↑ 7% | 33 mi |
| Portland-South Portland, ME Financial Managers Salary | $182,730↑ 23% | 67 mi |
| Northern Vermont nonmetropolitan area Financial Managers Salary | $144,750↓ 3% | 70 mi |
| Southern Vermont nonmetropolitan area Financial Managers Salary | $130,870↓ 12% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Financial Managers Salary | $209,520↑ 41% | 82 mi |
Comparing salaries near Central New Hampshire nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Central New Hampshire nonmetropolitan area?
The median annual salary for a Financial Managers in Central New Hampshire nonmetropolitan area is $148,770. This typically ranges from $76,490 for entry-level positions to $225,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central New Hampshire nonmetropolitan area is 19.4% lower than the national median of $184,480.
Is Central New Hampshire nonmetropolitan area a lucrative place for Financial Managers?
No, it is not exceptionally lucrative compared to the national average.The average salary of $148,770 is below the national average of $184,480, although the cost of living is on par with the national average.
Is Central New Hampshire nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Central New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($159,450) and Portland-South Portland, ME.
How does the Central New Hampshire salary compare to the national average?
The average salary for Financial Managers in Central New Hampshire is $148,770, which is lower than the national average of $184,480.
What is the concentration of Financial Managers in Central New Hampshire?
The concentration, measured by the location quotient, is 0.87, indicating a slightly lower presence of Financial Managers compared to the national average.
How does the cost of living affect the Financial Manager salary in this region?
With a cost of living index of 100, the salary of $148,770 offers purchasing power equivalent to the national average, suggesting no significant impact from local living expenses.
What is the total number of Financial Managers in Central New Hampshire?
There are approximately 430 Financial Managers employed in the Central New Hampshire nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Central New Hampshire nonmetropolitan area area with a job density of 4.633 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 Central New Hampshire nonmetropolitan area