Average Financial Managers Salary in Coast Oregon nonmetropolitan area
Financial Managers in Oregon's nonmetropolitan coastal areas earn an average annual salary of $149,700. This figure is notably below the national average of $184,480, reflecting the unique economic landscape and potentially lower demand for highly specialized financial roles outside major urban centers. The specific economic drivers and industry concentrations within this region shape the compensation for these critical positions.
Executive Summary
- Average Salary: $149,700 per year.
- Growth Trend: Salaries have shifted 39.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $236,600.
- Outlook: The local workforce for Financial Managers in the Coast Oregon nonmetropolitan area comprises approximately 220 professionals. With a Location Quotient of 0.36, indicating a concentration significantly below the national average, the demand for these roles appears relatively subdued compared to national trends. While the absolute number of jobs per 1,000 workers (1.928) suggests a presence, the low concentration points to a less robust or specialized market for financial management expertise in this specific region.
Salary Overview
The average Financial Managers in Coast Oregon nonmetropolitan area earns-18.9%below the national average.
$72
$2,879
$12,475
Financial Managers Salary Trends (2020-2024)
While specific historical data for the Coast Oregon nonmetropolitan area is not provided, it is reasonable to assume that salaries for Financial Managers have experienced growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing complexity in financial regulations typically drive upward pressure on compensation for experienced professionals in this field, even in nonmetropolitan settings.
Financial Managers Salary Distribution in Coast Oregon nonmetropolitan area
Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and strategic oversight, will reach the higher percentiles. The substantial gap between entry-level and senior compensation, often seen in percentile distributions, signifies clear career progression pathways and the increasing value placed on seasoned financial leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,850 | $39.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $112,275 | $54 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $132,590 | $63.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $187,125 | $90 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $236,600 | $113.8 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$149,700
Gross Pay
Real Wage (Purchasing Power)
$149,700
Adjusted for COL (100)
The average annual salary of $149,700 for Financial Managers in the Coast Oregon nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country. While the nominal salary might seem substantial, its real value is directly comparable to national standards.
Job Market Context
220
Total Jobs
1.928
Per 1K Jobs
0.36
Location Quotient
At 0.36x, Coast Oregon nonmetropolitan area 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 0.36 for Financial Managers in the Coast Oregon nonmetropolitan area indicates a market that is significantly less concentrated than the national average. This suggests that financial management roles are not a primary industry driver in this region, and the demand may be more niche or limited. Consequently, the job market might be less competitive in terms of finding a position, but also potentially offers fewer opportunities compared to more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Albany, OR Financial Managers Salary | $141,000↓ 6% | 51 mi |
| Bend, OR Financial Managers Salary | $154,970↑ 4% | 52 mi |
| Salem, OR Financial Managers Salary | $167,720↑ 12% | 53 mi |
| Corvallis, OR Financial Managers Salary | $140,610↓ 6% | 59 mi |
| Eugene-Springfield, OR Financial Managers Salary | $149,790↑ 0% | 63 mi |
Comparing salaries near Coast Oregon nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Coast Oregon nonmetropolitan area?
The median annual salary for a Financial Managers in Coast Oregon nonmetropolitan area is $149,700. This typically ranges from $81,850 for entry-level positions to $236,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Coast Oregon nonmetropolitan area is 18.9% lower than the national median of $184,480.
Is Coast Oregon nonmetropolitan area a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to national averages.While the $149,700 average salary is substantial, it falls below the national average, and the cost of living is also at the national average. The low location quotient further suggests a less robust market for these roles.
Is Coast Oregon nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Coast Oregon nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Coast Oregon nonmetropolitan area?
Some top paying nearby cities include Albany, OR ($141,000) and Bend, OR.
How does the local salary compare to the national average?
Financial Managers in the Coast Oregon nonmetropolitan area earn an average of $149,700 annually, which is approximately 18.7% less than the national average of $184,480.
What is the concentration of Financial Managers in this area?
The concentration, measured by the Location Quotient, is 0.36, meaning there are significantly fewer Financial Managers per worker in this region compared to the national average.
Does the cost of living affect the salary's value?
No, the cost of living in the Coast Oregon nonmetropolitan area is at the national average (100), so the $149,700 salary has the same purchasing power as the national average salary.
What does the small workforce size imply for job seekers?
A smaller workforce of 220 professionals suggests fewer available positions but potentially less competition for those seeking roles in specialized financial management.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Coast Oregon nonmetropolitan area area with a job density of 1.928 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Managers Salaries by State
Top Jobs in Coast Oregon nonmetropolitan area
- All Occupations Salary in Coast Oregon nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Coast Oregon nonmetropolitan area
- Office and Administrative Support Occupations Salary in Coast Oregon nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Coast Oregon nonmetropolitan area
- Sales and Related Occupations Salary in Coast Oregon nonmetropolitan area
- Production Occupations Salary in Coast Oregon nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Coast Oregon nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Coast Oregon nonmetropolitan area
- Management Occupations Salary in Coast Oregon nonmetropolitan area
- Building and Grounds Cleaning and Maintenance Occupations Salary in Coast Oregon nonmetropolitan area
- Browse All Jobs in Coast Oregon nonmetropolitan area →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Coast Oregon nonmetropolitan area