Average Financial Managers Salary in Fresno, CA
Financial Managers in Fresno, CA, command an average annual salary of $158,180. This figure is notably below the national average of $184,480, suggesting that local market dynamics and potentially a different industry focus in Fresno contribute to this compensation level. Understanding these regional pay scales is crucial for career planning and negotiation.
Executive Summary
- Average Salary: $158,180 per year.
- Growth Trend: Salaries have shifted 30.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $237,270.
- Outlook: With a local workforce of 1,320 Financial Managers, Fresno presents a moderate employment landscape for this profession. The location quotient of 0.53 indicates that the concentration of these roles is less than half the national average, suggesting that while opportunities exist, the market is not saturated. The presence of 2.808 jobs per 1,000 workers points to a steady, albeit not booming, demand for financial expertise.
Salary Overview
The average Financial Managers in Fresno, CA earns-14.3%below the national average.
$76.1
$3,042
$13,182
Financial Managers Salary Trends (2020-2024)
While specific historical data for Fresno 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 shifts, inflation, and increasing demand for sophisticated financial oversight likely contribute to upward pressure on compensation, even if regional averages lag behind national benchmarks.
Financial Managers Salary Distribution in Fresno, CA
The salary trajectory for Financial Managers in Fresno, CA, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles, potentially approaching or even exceeding the national average. These percentile gaps highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $88,090 | $42.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $118,635 | $57 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $135,900 | $65.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $197,725 | $95.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $237,270 | $114.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$158,180
Gross Pay
Real Wage (Purchasing Power)
$158,180
Adjusted for COL (100)
The average nominal salary of $158,180 in Fresno, CA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Financial Manager's salary in Fresno is equivalent to that of their counterpart in a national average cost-of-living area, offering a stable financial foundation without the premium or discount often associated with higher or lower cost-of-living regions.
Job Market Context
1,320
Total Jobs
2.808
Per 1K Jobs
0.53
Location Quotient
Fresno, CA has 0.53x 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 0.53 for Financial Managers in Fresno signifies a lower concentration of these roles compared to the national average. This suggests that the job market, while present, is less competitive in terms of sheer numbers of professionals vying for positions. Companies may need to actively recruit to fill specialized roles, potentially offering competitive packages to attract talent from outside the immediate region.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Hanford-Corcoran, CA Financial Managers Salary | $141,420↓ 11% | 32 mi |
| Visalia, CA Financial Managers Salary | $149,530↓ 5% | 41 mi |
| North Coast Region of California nonmetropolitan area Financial Managers Salary | $146,510↓ 7% | 46 mi |
| North Valley-Northern Mountains Region of California nonmetropolitan area Financial Managers Salary | $143,320↓ 9% | 46 mi |
| Eastern Sierra-Mother Lode Region of California nonmetropolitan area Financial Managers Salary | $132,570↓ 16% | 46 mi |
Comparing salaries near Fresno, CA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Fresno, CA?
The median annual salary for a Financial Managers in Fresno, CA is $158,180. This typically ranges from $88,090 for entry-level positions to $237,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fresno, CA is 14.3% lower than the national median of $184,480.
Is Fresno, CA a lucrative place for Financial Managers?
No, not compared to the national average.While the average salary of $158,180 is substantial, it falls below the national average of $184,480, indicating less lucrative compensation in Fresno for this role.
Is Fresno, CA a good place to live for Financial Managers?
The Cost of Living Index in Fresno, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fresno, CA?
Some top paying nearby cities include Hanford-Corcoran, CA ($141,420) and Visalia, CA.
How does Fresno's cost of living compare to other cities for Financial Managers?
Fresno's cost of living is exactly at the national average (index of 100), meaning your salary of $158,180 has the same purchasing power as it would in a typical US city.
Is there high demand for Financial Managers in Fresno?
The demand is moderate, indicated by 2.808 jobs per 1,000 workers and a location quotient below the national average, suggesting a stable but not rapidly expanding market.
What is the concentration of Financial Managers in Fresno?
The concentration, measured by the location quotient of 0.53, is less than half the national average, meaning fewer Financial Managers are employed in Fresno relative to the overall workforce compared to the nation.
How does experience impact a Financial Manager's salary in Fresno?
Experience significantly impacts salary, with entry-level roles earning less and senior positions commanding higher salaries, reflecting a clear path for career and income growth within the field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,320 employees in the Fresno, CA area with a job density of 2.808 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 Fresno, CA