Average Financial Managers Salary in Decatur, AL
The average salary for Financial Managerss in Decatur, AL is $147,290. While this is lower than the national average, the cost of living in Decatur, AL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $147,290 per year.
- Growth Trend: Salaries have shifted 30.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $218,620.
- 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 Decatur, AL economy.
Salary Overview
The average Financial Managers in Decatur, AL earns-20.2%below the national average.
$70.8
$2,833
$12,274
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Decatur, AL have experienced a rapid surge, growing by 30.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Decatur, AL
The earning potential for Financial Managerss in Decatur, AL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $94,070, while highly experienced professionals can command wages upwards of $218,620.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $94,070 | $45.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,468 | $53.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $134,850 | $64.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,113 | $88.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $218,620 | $105.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$147,290
Gross Pay
Real Wage (Purchasing Power)
$147,290
Adjusted for COL (100)
In Decatur, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $147,290 to $147,290.
Job Market Context
140
Total Jobs
2.418
Per 1K Jobs
0.46
Location Quotient
At 0.46x, Decatur, 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 Decatur, AL.
Moderate density — roughly 2.418 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Huntsville, AL Financial Managers Salary | $163,990↑ 11% | 22 mi |
| Florence-Muscle Shoals, AL Financial Managers Salary | $143,410↓ 3% | 42 mi |
| Gadsden, AL Financial Managers Salary | $127,080↓ 14% | 68 mi |
| Birmingham, AL Financial Managers Salary | $169,970↑ 15% | 73 mi |
| East Tennessee nonmetropolitan area Financial Managers Salary | $132,070↓ 10% | 83 mi |
Comparing salaries near Decatur, AL
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Decatur, AL?
The median annual salary for a Financial Managers in Decatur, AL is $147,290. This typically ranges from $94,070 for entry-level positions to $218,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Decatur, AL is 20.2% lower than the national median of $184,480.
Is Decatur, AL a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Decatur, AL is $147,290 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Decatur, AL. See distinct detailed breakdown below.
Is Decatur, AL a good place to live for Financial Managers?
The Cost of Living Index in Decatur, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Decatur, AL?
Some top paying nearby cities include Huntsville, AL ($163,990) and Florence-Muscle Shoals, AL.
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 Decatur, AL area with a job density of 2.418 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 Decatur, AL