Average Financial Managers Salary in Columbus, GA-AL
Financial Managers in Columbus, GA-AL earn an average annual salary of $152,940. 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 levels within this specific region.
Executive Summary
- Average Salary: $152,940 per year.
- Growth Trend: Salaries have shifted 40.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $229,410.
- Outlook: The Financial Manager job market in Columbus, GA-AL, while not exceptionally concentrated with a Location Quotient of 0.6, supports a local workforce of 370 professionals. This indicates a stable, albeit not rapidly expanding, demand for financial management expertise within the area's economic landscape.
Salary Overview
The average Financial Managers in Columbus, GA-AL earns-17.1%below the national average.
$73.5
$2,941
$12,745
Financial Managers Salary Trends (2020-2024)
While specific historical data for Columbus, GA-AL is not provided, it is generally assumed that salaries for Financial Managers nationwide have experienced steady growth over the past four years, driven by increasing economic complexity and the critical role these professionals play in organizational success.
Financial Managers Salary Distribution in Columbus, GA-AL
Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the higher percentiles, reflecting their increased value and strategic impact.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,090 | $39 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $114,705 | $55.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $133,110 | $64 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $191,175 | $91.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $229,410 | $110.3 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$152,940
Gross Pay
Real Wage (Purchasing Power)
$152,940
Adjusted for COL (100)
The average annual salary of $152,940 in Columbus, GA-AL 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 this location is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
370
Total Jobs
3.206
Per 1K Jobs
0.6
Location Quotient
Columbus, GA-AL has 0.60x 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.
With a Location Quotient of 0.6, the Financial Manager job market in Columbus, GA-AL is less concentrated than the national average. This suggests that while opportunities exist, the market may be less competitive, potentially offering a more accessible entry point for new professionals or those seeking to relocate.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Auburn-Opelika, AL Financial Managers Salary | $138,130↓ 10% | 36 mi |
| Warner Robins, GA Financial Managers Salary | $133,930↓ 12% | 72 mi |
| Macon-Bibb County, GA Financial Managers Salary | $150,550↓ 2% | 72 mi |
| Albany, GA Financial Managers Salary | $139,390↓ 9% | 76 mi |
| South Georgia nonmetropolitan area Financial Managers Salary | $134,270↓ 12% | 81 mi |
Comparing salaries near Columbus, GA-AL
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Columbus, GA-AL?
The median annual salary for a Financial Managers in Columbus, GA-AL is $152,940. This typically ranges from $81,090 for entry-level positions to $229,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbus, GA-AL is 17.1% lower than the national median of $184,480.
Is Columbus, GA-AL a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $152,940 is substantial, it falls below the national average of $184,480. However, the cost of living being at the national average offsets this difference to some extent.
Is Columbus, GA-AL a good place to live for Financial Managers?
The Cost of Living Index in Columbus, GA-AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbus, GA-AL?
Some top paying nearby cities include Auburn-Opelika, AL ($138,130) and Warner Robins, GA.
How does the local workforce size affect Financial Manager salaries?
A local workforce of 370 Financial Managers suggests a moderate-sized market. Smaller workforces can sometimes lead to lower average salaries due to less competition for talent, but also potentially fewer high-paying senior roles.
What does a Location Quotient of 0.6 mean for Financial Managers in Columbus, GA-AL?
A Location Quotient of 0.6 indicates that Financial Managers are less concentrated in Columbus, GA-AL compared to the national average. This implies fewer job opportunities relative to other professions in the area.
How does the cost of living impact the perceived value of a Financial Manager's salary?
With a Cost of Living Index of 100, the Columbus, GA-AL area offers average living expenses. Therefore, the $152,940 salary provides purchasing power equivalent to the national average, making it a stable financial environment.
Are there many Financial Manager jobs in Columbus, GA-AL?
With 3.206 jobs per 1,000 workers, the presence of Financial Managers is slightly below the national average, indicating a steady but not booming demand for these roles in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Columbus, GA-AL area with a job density of 3.206 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 Columbus, GA-AL