Average Financial Managers Salary in Greenville-Anderson-Greer, SC
Financial Managers in the Greenville-Anderson-Greer, SC area earn an average annual salary of $149,840. This figure is notably below the national average of $184,480, suggesting localized economic factors and industry demand play a significant role in compensation within this region. The specific economic landscape and the concentration of financial services firms in Greenville-Anderson-Greer likely influence this pay differential.
Executive Summary
- Average Salary: $149,840 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $237,400.
- Outlook: With a local workforce of 1,920 Financial Managers and a Location Quotient of 0.85, the job market in Greenville-Anderson-Greer indicates a slightly lower concentration compared to the national average. While not a major hub for this profession, the presence of nearly 2,000 professionals suggests a stable, albeit not rapidly expanding, demand for financial management expertise.
Salary Overview
The average Financial Managers in Greenville-Anderson-Greer, SC earns-18.8%below the national average.
$72
$2,882
$12,487
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial Managers across the United States, including in regions like Greenville-Anderson-Greer, have experienced consistent growth over the past four years. This upward trend is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial markets.
Financial Managers Salary Distribution in Greenville-Anderson-Greer, SC
Salary progression for Financial Managers in Greenville-Anderson-Greer, as elsewhere, is strongly tied to experience and demonstrated expertise. Entry-level positions typically command lower salaries, while senior roles requiring extensive experience, specialized skills, and leadership capabilities can significantly exceed the average. The percentile gaps in salary distribution reflect these 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) | $77,690 | $37.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $112,380 | $54 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $129,070 | $62.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $187,300 | $90 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $237,400 | $114.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$149,840
Gross Pay
Real Wage (Purchasing Power)
$149,840
Adjusted for COL (100)
The nominal average annual salary of $149,840 in Greenville-Anderson-Greer 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 this area is equivalent to that of a Financial Manager earning the national average in a location with a national average cost of living. Therefore, the salary offers a comparable standard of living to the national benchmark.
Job Market Context
1,920
Total Jobs
4.495
Per 1K Jobs
0.85
Location Quotient
Greenville-Anderson-Greer, SC has 0.85x 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 0.85 for Financial Managers in Greenville-Anderson-Greer suggests that the profession is slightly less concentrated than the national average. This indicates that while there is a solid presence of financial management roles, the market may not be saturated, potentially offering good opportunities for skilled professionals without facing intense competition found in more concentrated areas.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Spartanburg, SC Financial Managers Salary | $150,360↑ 0% | 26 mi |
| Asheville, NC Financial Managers Salary | $155,040↑ 3% | 52 mi |
| Athens-Clarke County, GA Financial Managers Salary | $146,500↓ 2% | 84 mi |
| Hickory-Lenoir-Morganton, NC Financial Managers Salary | $153,920↑ 3% | 86 mi |
| Charlotte-Concord-Gastonia, NC-SC Financial Managers Salary | $190,080↑ 27% | 90 mi |
Comparing salaries near Greenville-Anderson-Greer, SC
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Greenville-Anderson-Greer, SC?
The median annual salary for a Financial Managers in Greenville-Anderson-Greer, SC is $149,840. This typically ranges from $77,690 for entry-level positions to $237,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greenville-Anderson-Greer, SC is 18.8% lower than the national median of $184,480.
Is Greenville-Anderson-Greer, SC a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $149,840 is substantial, it falls below the national average of $184,480. However, the cost of living matching the national average means the salary's purchasing power is comparable.
Is Greenville-Anderson-Greer, SC a good place to live for Financial Managers?
The Cost of Living Index in Greenville-Anderson-Greer, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greenville-Anderson-Greer, SC?
Some top paying nearby cities include Spartanburg, SC ($150,360) and Asheville, NC.
How does the Greenville-Anderson-Greer salary compare to the national average?
The average salary for Financial Managers in Greenville-Anderson-Greer is $149,840, which is lower than the national average of $184,480.
What is the Cost of Living in Greenville-Anderson-Greer, SC?
The Cost of Living Index in Greenville-Anderson-Greer is 100, which is exactly the national average, indicating average living expenses.
How concentrated is the Financial Manager job market in Greenville-Anderson-Greer?
The job market has a Location Quotient of 0.85, meaning it is slightly less concentrated than the national average, suggesting a stable but not overly competitive environment.
What is the total number of Financial Managers in the Greenville-Anderson-Greer area?
There are approximately 1,920 Financial Managers employed in the Greenville-Anderson-Greer, SC region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,920 employees in the Greenville-Anderson-Greer, SC area with a job density of 4.495 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 Greenville-Anderson-Greer, SC