Average Financial Managers Salary in Corpus Christi, TX
Financial Managers in Corpus Christi, TX, can expect an average annual salary of $147,760. This figure is notably below the national average of $184,480, suggesting that local market dynamics and industry concentrations play a significant role in compensation within this Texas city. The specific economic landscape of Corpus Christi influences the demand and, consequently, the pay scale for these critical financial roles.
Executive Summary
- Average Salary: $147,760 per year.
- Growth Trend: Salaries have shifted 10.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $221,640.
- Outlook: With a total local workforce of 510 Financial Managers, Corpus Christi presents a moderately sized market for these professionals. The Location Quotient of 0.51 indicates that the concentration of Financial Managers in Corpus Christi is about half that of the national average. While this suggests a less saturated market compared to national hubs, it also implies a potentially lower overall demand or fewer specialized opportunities within the immediate area.
Salary Overview
The average Financial Managers in Corpus Christi, TX earns-19.9%below the national average.
$71
$2,842
$12,313
Financial Managers Salary Trends (2020-2024)
While specific historical data for Corpus Christi is not provided, it is reasonable to assume that salaries for Financial Managers have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing complexity in financial operations typically drive up compensation for experienced professionals in this field, even in localized markets.
Financial Managers Salary Distribution in Corpus Christi, TX
The salary for a Financial Manager in Corpus Christi, like elsewhere, is heavily influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive experience and specialized skills can push earnings significantly higher. The percentile gaps in salary distribution highlight clear pathways for career progression and increased earning potential as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,230 | $37.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,820 | $53.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $131,490 | $63.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,700 | $88.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $221,640 | $106.6 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$147,760
Gross Pay
Real Wage (Purchasing Power)
$147,760
Adjusted for COL (100)
The average annual salary of $147,760 in Corpus Christi 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 Corpus Christi is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay offers comparable lifestyle stability.
Job Market Context
510
Total Jobs
2.724
Per 1K Jobs
0.51
Location Quotient
Corpus Christi, TX has 0.51x 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 0.51 signifies that Financial Managers are less concentrated in Corpus Christi compared to the national average. This suggests that the job market may be less competitive in terms of the sheer number of professionals vying for positions, but it could also indicate a more specialized or niche demand for these roles within the local economy. Companies may need to actively recruit to fill these positions due to the lower local concentration.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Victoria, TX Financial Managers Salary | $140,670↓ 5% | 80 mi |
Comparing salaries near Corpus Christi, TX
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Corpus Christi, TX?
The median annual salary for a Financial Managers in Corpus Christi, TX is $147,760. This typically ranges from $77,230 for entry-level positions to $221,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Corpus Christi, TX is 19.9% lower than the national median of $184,480.
Is Corpus Christi, TX a lucrative place for Financial Managers?
No, not compared to the national average.While the average salary of $147,760 is substantial, it falls below the national average of $184,480. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Corpus Christi, TX a good place to live for Financial Managers?
The Cost of Living Index in Corpus Christi, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Corpus Christi, TX?
Some top paying nearby cities include Victoria, TX ($140,670) and others.
How does the number of Financial Managers in Corpus Christi compare nationally?
Corpus Christi has a total local workforce of 510 Financial Managers, which is a relatively small segment of the national total, especially considering its Location Quotient of 0.51.
What does a Location Quotient of 0.51 mean for Financial Managers in Corpus Christi?
A Location Quotient of 0.51 indicates that Financial Managers are half as concentrated in Corpus Christi as they are nationally. This suggests a less saturated local job market but potentially lower overall demand.
How does the cost of living in Corpus Christi affect a Financial Manager's salary?
With a Cost of Living Index of 100, the purchasing power of a Financial Manager's salary in Corpus Christi is equivalent to the national average, despite the lower nominal salary compared to the national average.
Are there many job opportunities for Financial Managers in Corpus Christi?
The number of jobs per 1,000 workers is 2.724, which provides a measure of local employment density. While not exceptionally high, it indicates a steady presence of opportunities within the Corpus Christi economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Corpus Christi, TX area with a job density of 2.724 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 Corpus Christi, TX