Average Financial Managers Salary in Eau Claire, WI
Financial Managers in Eau Claire, WI, command an average annual salary of $152,910. This figure is notably below the national average of $184,480, suggesting that local market dynamics and potentially a different industry focus influence compensation in this Wisconsin city. While the nominal salary is substantial, understanding its local context is key.
Executive Summary
- Average Salary: $152,910 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $229,365.
- Outlook: Eau Claire supports a local workforce of 340 Financial Managers, with a jobs-per-1,000-workers ratio of 3.954. The Location Quotient of 0.74 indicates that this profession is slightly less concentrated in Eau Claire compared to the national average. This suggests a stable, albeit not exceptionally high, demand for financial management expertise within the region's economic landscape.
Salary Overview
The average Financial Managers in Eau Claire, WI earns-17.1%below the national average.
$73.5
$2,941
$12,743
Financial Managers Salary Trends (2020-2024)
While specific historical data for Eau Claire is not provided, it is reasonable to assume that salaries for Financial Managers in the region have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for sophisticated financial oversight likely contribute to a steady upward trajectory in compensation for these professionals.
Financial Managers Salary Distribution in Eau Claire, WI
The salary range for Financial Managers in Eau Claire, as elsewhere, is significantly influenced by experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive expertise and proven track records can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career progression opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,240 | $35.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $114,683 | $55.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $134,990 | $64.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $191,138 | $91.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $229,365 | $110.3 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$152,910
Gross Pay
Real Wage (Purchasing Power)
$152,910
Adjusted for COL (100)
With an average annual salary of $152,910 and a Cost of Living Index of 100 (precisely matching the national average), Financial Managers in Eau Claire experience a salary that directly reflects national purchasing power. This means that the nominal income earned in Eau Claire has a comparable value to what it would have in a typical U.S. city, offering a stable financial footing.
Job Market Context
340
Total Jobs
3.954
Per 1K Jobs
0.74
Location Quotient
Eau Claire, WI has 0.74x 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 0.74 for Financial Managers in Eau Claire signifies that the concentration of these roles is slightly below the national average. This suggests that while there is a consistent presence of financial management jobs, the market is not saturated, and opportunities may be moderately competitive. It indicates a balanced demand relative to the available workforce.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| La Crosse-Onalaska, WI-MN Financial Managers Salary | $146,040↓ 4% | 70 mi |
| Rochester, MN Financial Managers Salary | $161,250↑ 5% | 74 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Financial Managers Salary | $177,050↑ 16% | 87 mi |
| Wausau, WI Financial Managers Salary | $146,850↓ 4% | 91 mi |
Comparing salaries near Eau Claire, WI
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Eau Claire, WI?
The median annual salary for a Financial Managers in Eau Claire, WI is $152,910. This typically ranges from $74,240 for entry-level positions to $229,365 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eau Claire, WI is 17.1% lower than the national median of $184,480.
Is Eau Claire, WI a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $152,910 is substantial, it falls short of the national average, indicating less lucrative conditions relative to the rest of the country.
Is Eau Claire, WI a good place to live for Financial Managers?
The Cost of Living Index in Eau Claire, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eau Claire, WI?
Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($146,040) and Rochester, MN.
How does Eau Claire's cost of living compare to the national average?
Eau Claire's Cost of Living Index is 100, which is exactly the national average. This means that the general cost of goods and services in Eau Claire is comparable to the typical U.S. city.
What is the concentration of Financial Managers in Eau Claire?
The concentration, measured by the Location Quotient, is 0.74. This indicates that Financial Managers are slightly less prevalent in Eau Claire compared to the national average.
How many Financial Manager jobs are there per 1,000 workers in Eau Claire?
There are approximately 3.954 Financial Manager jobs per 1,000 workers in Eau Claire, providing a measure of job availability within the local labor market.
Does experience significantly impact a Financial Manager's salary in Eau Claire?
Yes, experience is a critical factor. Senior Financial Managers with extensive backgrounds and specialized skills typically earn considerably more than those in entry-level or mid-career positions, reflecting a typical salary progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Eau Claire, WI area with a job density of 3.954 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 Eau Claire, WI