Average Financial Managers Salary in Deltona-Daytona Beach-Ormond Beach, FL
In the Deltona-Daytona Beach-Ormond Beach, FL metropolitan area, Financial Managers earn an average annual salary of $145,730. This figure is notably below the national average of $184,480, suggesting localized economic factors or a different market dynamic at play. The specific demand and supply within this region significantly influence compensation levels for these critical finance professionals.
Executive Summary
- Average Salary: $145,730 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $234,830.
- Outlook: With a local workforce of 630 Financial Managers, the job market in Deltona-Daytona Beach-Ormond Beach, FL, indicates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.55 signifies that the concentration of Financial Managers in this area is less than half the national average, suggesting a moderate demand that is met by the existing workforce without significant oversupply or undersupply.
Salary Overview
The average Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL earns-21.0%below the national average.
$70.1
$2,803
$12,144
Financial Managers Salary Trends (2020-2024)
While specific historical data for this locality is not provided, it is reasonable to assume that salaries for Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL, have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing complexity in financial operations typically drive upward pressure on compensation for experienced professionals in this field.
Financial Managers Salary Distribution in Deltona-Daytona Beach-Ormond Beach, FL
Salary progression for Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL, is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, such as Chief Financial Officers or Directors of Finance, can significantly exceed the average. The percentile gaps in earnings clearly signify the career trajectory and increased responsibilities associated with advancing through the ranks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $72,680 | $34.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,298 | $52.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $129,450 | $62.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $182,163 | $87.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $234,830 | $112.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$145,730
Gross Pay
Real Wage (Purchasing Power)
$145,730
Adjusted for COL (100)
The average annual salary of $145,730 for Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to other regions.
Job Market Context
630
Total Jobs
2.898
Per 1K Jobs
0.55
Location Quotient
Deltona-Daytona Beach-Ormond Beach, FL has 0.55x 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 0.55 for Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL, indicates that this profession is less concentrated here than the national average. This suggests that while there is a consistent need for financial expertise, the market is not saturated, potentially offering good opportunities for skilled professionals without intense competition from a large pool of peers.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Orlando-Kissimmee-Sanford, FL Financial Managers Salary | $162,470↑ 11% | 27 mi |
| Wildwood-The Villages, FL Financial Managers Salary | $151,300↑ 4% | 49 mi |
| Ocala, FL Financial Managers Salary | $147,640↑ 1% | 60 mi |
| Palm Bay-Melbourne-Titusville, FL Financial Managers Salary | $159,050↑ 9% | 73 mi |
| Lakeland-Winter Haven, FL Financial Managers Salary | $152,690↑ 5% | 74 mi |
Comparing salaries near Deltona-Daytona Beach-Ormond Beach, FL
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Deltona-Daytona Beach-Ormond Beach, FL?
The median annual salary for a Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL is $145,730. This typically ranges from $72,680 for entry-level positions to $234,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Deltona-Daytona Beach-Ormond Beach, FL is 21.0% lower than the national median of $184,480.
Is Deltona-Daytona Beach-Ormond Beach, FL a lucrative place for Financial Managers?
No, not as lucrative as the national average.While the average salary of $145,730 is substantial, it falls below the national average of $184,480. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Deltona-Daytona Beach-Ormond Beach, FL a good place to live for Financial Managers?
The Cost of Living Index in Deltona-Daytona Beach-Ormond Beach, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Deltona-Daytona Beach-Ormond Beach, FL?
Some top paying nearby cities include Orlando-Kissimmee-Sanford, FL ($162,470) and Wildwood-The Villages, FL.
How does the local salary compare to the national average?
The average annual salary for Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL is $145,730, which is lower than the national average of $184,480.
What is the concentration of Financial Managers in this area?
The Location Quotient is 0.55, meaning the concentration of Financial Managers in Deltona-Daytona Beach-Ormond Beach, FL is less than half the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $145,730 has the same purchasing power as the national average salary in a region with an average cost of living.
How many Financial Managers are employed in this region?
There are approximately 630 Financial Managers employed in the Deltona-Daytona Beach-Ormond Beach, FL metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Deltona-Daytona Beach-Ormond Beach, FL area with a job density of 2.898 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 Deltona-Daytona Beach-Ormond Beach, FL