SalaryNode

Average Financial Managers Salary in Daphne-Fairhope-Foley, AL

The average salary for Financial Managerss in Daphne-Fairhope-Foley, AL is $142,110. While this is lower than the national average, the cost of living in Daphne-Fairhope-Foley, AL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $142,110 per year.
  • Growth Trend: Salaries have shifted 35.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $213,165.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Daphne-Fairhope-Foley, AL economy.
2024 Market Data

Salary Overview

$142,110

The average Financial Managers in Daphne-Fairhope-Foley, AL earns-23.0%below the national average.

BreakdownBased on 40h/week
Hourly

$68.3

Weekly

$2,733

Monthly

$11,843

Financial Managers Salary Distribution in Daphne-Fairhope-Foley, AL

The earning potential for Financial Managerss in Daphne-Fairhope-Foley, AL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $82,300, while highly experienced professionals can command wages upwards of $213,165.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$82,300$39.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$106,583$51.2
ManagerOversees team, compliance, and project delivery.50% (Median)$128,580$61.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$177,638$85.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$213,165$102.5

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$142,110

Gross Pay

Real Wage (Purchasing Power)

$142,110

Adjusted for COL (100)

In Daphne-Fairhope-Foley, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $142,110 to $142,110.

Job Market Context

140

Total Jobs

1.647

Per 1K Jobs

0.31

Location Quotient

Low Concentration

At 0.31x, Daphne-Fairhope-Foley, AL has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

140 people work as Financial Managers in Daphne-Fairhope-Foley, AL.

1.647 out of every 1,000 local jobs are Financial Managers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Daphne-Fairhope-Foley, AL

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Daphne-Fairhope-Foley, AL?

The median annual salary for a Financial Managers in Daphne-Fairhope-Foley, AL is $142,110. This typically ranges from $82,300 for entry-level positions to $213,165 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Daphne-Fairhope-Foley, AL is 23.0% lower than the national median of $184,480.

Is Daphne-Fairhope-Foley, AL a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Daphne-Fairhope-Foley, AL is $142,110 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Daphne-Fairhope-Foley, AL. See distinct detailed breakdown below.

Is Daphne-Fairhope-Foley, AL a good place to live for Financial Managers?

The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Daphne-Fairhope-Foley, AL?

Some top paying nearby cities include Mobile, AL ($136,510) and Pensacola-Ferry Pass-Brent, FL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Daphne-Fairhope-Foley, AL area with a job density of 1.647 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.