Average Financial Managers Salary in Dover, DE
The average salary for a Financial Managers in Dover, DE is $166,570. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $166,570 per year.
- Growth Trend: Salaries have shifted 1.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $249,855.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Dover, DE economy.
Salary Overview
The average Financial Managers in Dover, DE earns-9.7%below the national average.
$80.1
$3,203
$13,881
Financial Managers Salary Trends (2020-2024)
Over the past 2 years, Financial Managers salaries in Dover, DE have seen a slight adjustment of -1.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Dover, DE
The earning potential for Financial Managerss in Dover, DE 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 $95,470, while highly experienced professionals can command wages upwards of $249,855.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $95,470 | $45.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $124,928 | $60.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $147,910 | $71.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $208,213 | $100.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $249,855 | $120.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$166,570
Gross Pay
Real Wage (Purchasing Power)
$166,570
Adjusted for COL (100)
In Dover, DE, the Cost of Living Index is 100. This increases your effective purchasing power from $166,570 to $166,570.
Job Market Context
180
Total Jobs
2.587
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Dover, DE has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
180 people work as Financial Managers in Dover, DE.
Moderate density — roughly 2.587 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Sussex Delaware nonmetropolitan area Financial Managers Salary | $183,040↑ 10% | 11 mi |
| Vineland, NJ Financial Managers Salary | $178,380↑ 7% | 35 mi |
| Salisbury, MD Financial Managers Salary | $140,770↓ 15% | 54 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Financial Managers Salary | $177,520↑ 7% | 58 mi |
| Atlantic City-Hammonton, NJ Financial Managers Salary | $163,390↓ 2% | 59 mi |
Comparing salaries near Dover, DE
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Dover, DE?
The median annual salary for a Financial Managers in Dover, DE is $166,570. This typically ranges from $95,470 for entry-level positions to $249,855 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dover, DE is 9.7% lower than the national median of $184,480.
Is Dover, DE a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Dover, DE is $166,570 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Dover, DE. See distinct detailed breakdown below.
Is Dover, DE a good place to live for Financial Managers?
The Cost of Living Index in Dover, DE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dover, DE?
Some top paying nearby cities include Sussex Delaware nonmetropolitan area ($183,040) and Vineland, NJ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Dover, DE area with a job density of 2.587 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 Dover, DE