Average Financial Managers Salary in Dothan, AL
The average salary for Financial Managerss in Dothan, AL is $139,210. While this is lower than the national average, the cost of living in Dothan, AL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $139,210 per year.
- Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $227,990.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Dothan, AL economy.
Salary Overview
The average Financial Managers in Dothan, AL earns-24.5%below the national average.
$66.9
$2,677
$11,601
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Dothan, AL have shown healthy growth of 12.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Dothan, AL
The earning potential for Financial Managerss in Dothan, AL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $79,790, while highly experienced professionals can command wages upwards of $227,990.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $79,790 | $38.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,408 | $50.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $126,110 | $60.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,013 | $83.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $227,990 | $109.6 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$139,210
Gross Pay
Real Wage (Purchasing Power)
$139,210
Adjusted for COL (100)
In Dothan, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $139,210 to $139,210.
Job Market Context
110
Total Jobs
1.832
Per 1K Jobs
0.35
Location Quotient
At 0.35x, Dothan, AL has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
110 people work as Financial Managers in Dothan, AL.
1.832 out of every 1,000 local jobs are Financial Managers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Panama City-Panama City Beach, FL Financial Managers Salary | $137,900↓ 1% | 72 mi |
| Albany, GA Financial Managers Salary | $139,390↑ 0% | 76 mi |
| Crestview-Fort Walton Beach-Destin, FL Financial Managers Salary | $148,580↑ 7% | 77 mi |
| Tallahassee, FL Financial Managers Salary | $122,360↓ 12% | 87 mi |
| Montgomery, AL Financial Managers Salary | $146,390↑ 5% | 92 mi |
Comparing salaries near Dothan, AL
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Dothan, AL?
The median annual salary for a Financial Managers in Dothan, AL is $139,210. This typically ranges from $79,790 for entry-level positions to $227,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dothan, AL is 24.5% lower than the national median of $184,480.
Is Dothan, AL a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Dothan, AL is $139,210 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Dothan, AL. See distinct detailed breakdown below.
Is Dothan, AL a good place to live for Financial Managers?
The Cost of Living Index in Dothan, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dothan, AL?
Some top paying nearby cities include Panama City-Panama City Beach, FL ($137,900) and Albany, GA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Dothan, AL area with a job density of 1.832 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 Dothan, AL