Average Financial Managers Salary in Dallas-Fort Worth-Arlington, TX
Financial Managers in the Dallas-Fort Worth-Arlington, TX area earn an impressive average annual salary of $174,630. This figure is slightly below the national average of $184,480, indicating a competitive but localized compensation landscape. The specific economic drivers and industry demands within the DFW metroplex play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $174,630 per year.
- Growth Trend: Salaries have shifted 8.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $261,945.
- Outlook: The Dallas-Fort Worth-Arlington metropolitan area boasts a substantial workforce of 24,520 Financial Managers, with a location quotient of 1.15. This indicates a higher concentration of these professionals compared to the national average, suggesting a robust and active job market with significant demand for financial expertise within the region.
Salary Overview
The average Financial Managers in Dallas-Fort Worth-Arlington, TX earns-5.3%below the national average.
$84
$3,358
$14,553
Financial Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Financial Managers in Dallas-Fort Worth have experienced steady growth over the past four years, mirroring national trends. Factors such as economic expansion, increased corporate presence, and evolving financial regulations likely contribute to upward pressure on compensation for these critical roles.
Financial Managers Salary Distribution in Dallas-Fort Worth-Arlington, TX
Salary progression for Financial Managers in Dallas-Fort Worth is strongly tied to experience and responsibility. Entry-level positions typically command salaries at the lower end of the pay scale, while senior roles with extensive experience and strategic oversight can reach significantly higher earnings. The percentile gaps in salary data clearly signify the career trajectory and earning potential as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $82,670 | $39.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $130,973 | $63 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $164,240 | $79 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $218,288 | $104.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $261,945 | $125.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$174,630
Gross Pay
Real Wage (Purchasing Power)
$174,630
Adjusted for COL (100)
With a Cost of Living Index of 100, Dallas-Fort Worth-Arlington offers a cost of living that is precisely at the national average. This means the nominal average salary of $174,630 provides purchasing power that aligns directly with the national benchmark, making it a stable financial environment for Financial Managers.
Job Market Context
24,520
Total Jobs
6.124
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Dallas-Fort Worth-Arlington, TX has a slightly higher-than-average concentration of Financial Managers roles compared to the national norm.
The Location Quotient of 1.15 for Financial Managers in Dallas-Fort Worth-Arlington signifies a market where these professionals are 15% more concentrated than the national average. This suggests a healthy demand and a well-established professional community, indicating that while the market is competitive, opportunities are abundant for skilled individuals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Sherman-Denison, TX Financial Managers Salary | $137,360↓ 21% | 60 mi |
| Waco, TX Financial Managers Salary | $140,940↓ 19% | 87 mi |
| Tyler, TX Financial Managers Salary | $146,960↓ 16% | 92 mi |
Comparing salaries near Dallas-Fort Worth-Arlington, TX
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Dallas-Fort Worth-Arlington, TX?
The median annual salary for a Financial Managers in Dallas-Fort Worth-Arlington, TX is $174,630. This typically ranges from $82,670 for entry-level positions to $261,945 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dallas-Fort Worth-Arlington, TX is 5.3% lower than the national median of $184,480.
Is Dallas-Fort Worth-Arlington, TX a lucrative place for Financial Managers?
Yes, it is a lucrative place for Financial Managers.The area offers a high average salary of $174,630, which, combined with a national average cost of living, provides strong earning potential. The concentration of these roles also indicates a healthy job market.
Is Dallas-Fort Worth-Arlington, TX a good place to live for Financial Managers?
The Cost of Living Index in Dallas-Fort Worth-Arlington, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dallas-Fort Worth-Arlington, TX?
Some top paying nearby cities include Sherman-Denison, TX ($137,360) and Waco, TX.
How does the Dallas-Fort Worth salary compare to the national average?
The average salary for Financial Managers in Dallas-Fort Worth is $174,630, which is slightly lower than the national average of $184,480.
What is the concentration of Financial Managers in Dallas-Fort Worth?
The concentration, measured by the Location Quotient, is 1.15, meaning there are 15% more Financial Managers in this area compared to the national average.
How does the cost of living in Dallas-Fort Worth affect salary perception?
With a Cost of Living Index of 100, Dallas-Fort Worth is at the national average, meaning the $174,630 salary offers standard purchasing power relative to the rest of the country.
What does the job market look like for Financial Managers in Dallas-Fort Worth?
The market is robust, with a significant local workforce of 24,520 and a higher-than-average concentration of Financial Managers, indicating strong demand and opportunity.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 24,520 employees in the Dallas-Fort Worth-Arlington, TX area with a job density of 6.124 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 Dallas-Fort Worth-Arlington, TX