Average Financial Managers Salary in Florence-Muscle Shoals, AL
The average salary for Financial Managerss in Florence-Muscle Shoals, AL is $143,410. While this is lower than the national average, the cost of living in Florence-Muscle Shoals, AL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $143,410 per year.
- Growth Trend: Salaries have shifted 27.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $209,840.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Florence-Muscle Shoals, AL economy.
Salary Overview
The average Financial Managers in Florence-Muscle Shoals, AL earns-22.3%below the national average.
$69
$2,758
$11,951
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Florence-Muscle Shoals, AL have experienced a rapid surge, growing by 27.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Florence-Muscle Shoals, AL
The earning potential for Financial Managerss in Florence-Muscle Shoals, 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 $95,540, while highly experienced professionals can command wages upwards of $209,840.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $95,540 | $45.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $107,558 | $51.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,410 | $61.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $179,263 | $86.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $209,840 | $100.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$143,410
Gross Pay
Real Wage (Purchasing Power)
$143,410
Adjusted for COL (100)
In Florence-Muscle Shoals, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $143,410 to $143,410.
Job Market Context
120
Total Jobs
2.179
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Florence-Muscle Shoals, AL has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
120 people work as Financial Managers in Florence-Muscle Shoals, AL.
Moderate density — roughly 2.179 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Decatur, AL Financial Managers Salary | $147,290↑ 3% | 42 mi |
| Huntsville, AL Financial Managers Salary | $163,990↑ 14% | 59 mi |
| East Tennessee nonmetropolitan area Financial Managers Salary | $132,070↓ 8% | 84 mi |
| South Central Tennessee nonmetropolitan area Financial Managers Salary | $130,680↓ 9% | 84 mi |
| West Tennessee nonmetropolitan area Financial Managers Salary | $123,350↓ 14% | 84 mi |
Comparing salaries near Florence-Muscle Shoals, AL
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Florence-Muscle Shoals, AL?
The median annual salary for a Financial Managers in Florence-Muscle Shoals, AL is $143,410. This typically ranges from $95,540 for entry-level positions to $209,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence-Muscle Shoals, AL is 22.3% lower than the national median of $184,480.
Is Florence-Muscle Shoals, AL a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Florence-Muscle Shoals, AL is $143,410 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Florence-Muscle Shoals, AL. See distinct detailed breakdown below.
Is Florence-Muscle Shoals, AL a good place to live for Financial Managers?
The Cost of Living Index in Florence-Muscle Shoals, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence-Muscle Shoals, AL?
Some top paying nearby cities include Decatur, AL ($147,290) and Huntsville, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Florence-Muscle Shoals, AL area with a job density of 2.179 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 Florence-Muscle Shoals, AL