SalaryNode

Average Financial Managers Salary in Dayton-Kettering-Beavercreek, OH

Financial Managers in the Dayton-Kettering-Beavercreek, OH area earn an average annual salary of $143,230. This figure is notably below the national average of $184,480, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. Understanding these regional pay scales is crucial for career planning and negotiation.

Executive Summary

  • Average Salary: $143,230 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $227,050.
  • Outlook: With a local workforce of 1,390 Financial Managers and a Location Quotient of 0.7, the Dayton-Kettering-Beavercreek area indicates a slightly lower concentration of these professionals compared to the national average. While the absolute number of professionals suggests a stable presence, the below-average quotient implies that demand might be less intense than in more concentrated national hubs, though the presence of nearly 3.74 jobs per 1,000 workers still signifies a consistent need for financial expertise.
2024 Market Data

Salary Overview

$143,230

The average Financial Managers in Dayton-Kettering-Beavercreek, OH earns-22.4%below the national average.

BreakdownBased on 40h/week
Hourly

$68.9

Weekly

$2,754

Monthly

$11,936

Financial Managers Salary Distribution in Dayton-Kettering-Beavercreek, OH

The salary trajectory for Financial Managers significantly scales with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and strategic decision-making capabilities, can earn considerably more. The percentile gaps in salary distribution clearly signify the career progression and increased earning potential as professionals advance from junior to principal financial management roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$72,020$34.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$107,423$51.6
ManagerOversees team, compliance, and project delivery.50% (Median)$130,640$62.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$179,038$86.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$227,050$109.2

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$143,230

Gross Pay

Real Wage (Purchasing Power)

$143,230

Adjusted for COL (100)

The average annual salary of $143,230 in Dayton-Kettering-Beavercreek, OH, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for professionals in this region without the premium often associated with higher cost-of-living areas.

Job Market Context

1,390

Total Jobs

3.736

Per 1K Jobs

0.7

Location Quotient

Below Average

Dayton-Kettering-Beavercreek, OH has 0.70x 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 0.7 for Financial Managers in Dayton-Kettering-Beavercreek, OH, indicates that this profession is less concentrated locally than the national average. This suggests a potentially less saturated job market, which could present opportunities for skilled professionals, but also implies that the overall demand might be more moderate compared to regions with higher concentration.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Springfield, OH Financial Managers Salary$121,810↓ 15%24 mi
Cincinnati, OH-KY-IN Financial Managers Salary$160,960↑ 12%50 mi
Columbus, OH Financial Managers Salary$157,480↑ 10%65 mi
Lima, OH Financial Managers Salary$123,660↓ 14%67 mi
Muncie, IN Financial Managers Salary$129,390↓ 10%70 mi

Comparing salaries near Dayton-Kettering-Beavercreek, OH

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Dayton-Kettering-Beavercreek, OH?

The median annual salary for a Financial Managers in Dayton-Kettering-Beavercreek, OH is $143,230. This typically ranges from $72,020 for entry-level positions to $227,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Dayton-Kettering-Beavercreek, OH is 22.4% lower than the national median of $184,480.

Is Dayton-Kettering-Beavercreek, OH a lucrative place for Financial Managers?

No, it is not as lucrative as the national average.The average salary of $143,230 is significantly lower than the national average of $184,480. However, the cost of living is also at the national average, meaning the purchasing power is stable locally.

Is Dayton-Kettering-Beavercreek, OH a good place to live for Financial Managers?

The Cost of Living Index in Dayton-Kettering-Beavercreek, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Dayton-Kettering-Beavercreek, OH?

Some top paying nearby cities include Springfield, OH ($121,810) and Cincinnati, OH-KY-IN.

How does the local workforce size affect Financial Manager salaries in Dayton?

The local workforce of 1,390 Financial Managers suggests a substantial, established presence of the profession in Dayton-Kettering-Beavercreek, OH, contributing to the overall salary structure.

What does a Location Quotient of 0.7 mean for Financial Managers in this area?

A Location Quotient of 0.7 signifies that Financial Managers are less concentrated in Dayton-Kettering-Beavercreek, OH, compared to the national average, potentially indicating a less competitive but also less robust job market.

How does the cost of living in Dayton compare to national averages?

Dayton-Kettering-Beavercreek, OH, has a Cost of Living Index of 100, which is exactly the national average, meaning your salary's purchasing power is consistent with the national standard.

Are there many job opportunities for Financial Managers in Dayton-Kettering-Beavercreek, OH?

With 3.736 jobs per 1,000 workers, there is a consistent, albeit not exceptionally high, level of opportunity for Financial Managers in the area, reflecting a steady demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,390 employees in the Dayton-Kettering-Beavercreek, OH area with a job density of 3.736 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Dayton-Kettering-Beavercreek, OH

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Dayton-Kettering-Beavercreek, OH