Average Financial Managers Salary in Greenville, NC
Financial Managers in Greenville, NC, earn an average annual salary of $171,810. This figure is slightly below the national average of $184,480, reflecting a localized market dynamic. Factors such as the specific industry concentration and the overall economic landscape within Greenville contribute to this pay differential.
Executive Summary
- Average Salary: $171,810 per year.
- Growth Trend: Salaries have shifted 6.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $257,715.
- Outlook: The job market for Financial Managers in Greenville, NC, appears moderately concentrated, with a Location Quotient of 0.46. While the total local workforce of 200 suggests a smaller pool of these professionals compared to national benchmarks, the presence of 2.417 jobs per 1,000 workers indicates a steady demand within the region.
Salary Overview
The average Financial Managers in Greenville, NC earns-6.9%below the national average.
$82.6
$3,304
$14,318
Financial Managers Salary Trends (2020-2024)
While specific historical data for Greenville, NC is not provided, it is reasonable to assume that salaries for Financial Managers have experienced growth over the past four years, mirroring national trends. Economic expansion and increasing complexity in financial operations typically drive upward salary adjustments for experienced professionals in this field.
Financial Managers Salary Distribution in Greenville, NC
Salary progression for Financial Managers in Greenville, NC, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and leadership responsibilities can expect to earn substantially more. The gap between entry-level and senior-level salaries represents a clear career trajectory and the increasing value placed on specialized financial acumen.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $90,380 | $43.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $128,858 | $62 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $136,710 | $65.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $214,763 | $103.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $257,715 | $123.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$171,810
Gross Pay
Real Wage (Purchasing Power)
$171,810
Adjusted for COL (100)
The nominal average annual salary of $171,810 in Greenville, NC, is positioned directly against a Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Financial Manager's salary in Greenville is equivalent to the national average, offering a stable financial standing relative to other areas.
Job Market Context
200
Total Jobs
2.417
Per 1K Jobs
0.46
Location Quotient
At 0.46x, Greenville, NC has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.46, the job market for Financial Managers in Greenville, NC, is less concentrated than the national average. This suggests that while opportunities exist, the field may be less saturated, potentially offering a competitive edge for skilled professionals seeking roles in this specific metropolitan area.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Rocky Mount, NC Financial Managers Salary | $149,170↓ 13% | 35 mi |
| Goldsboro, NC Financial Managers Salary | $180,930↑ 5% | 37 mi |
| Jacksonville, NC Financial Managers Salary | $133,480↓ 22% | 60 mi |
| Raleigh-Cary, NC Financial Managers Salary | $177,240↑ 3% | 73 mi |
| Durham-Chapel Hill, NC Financial Managers Salary | $181,420↑ 6% | 90 mi |
Comparing salaries near Greenville, NC
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Greenville, NC?
The median annual salary for a Financial Managers in Greenville, NC is $171,810. This typically ranges from $90,380 for entry-level positions to $257,715 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greenville, NC is 6.9% lower than the national median of $184,480.
Is Greenville, NC a lucrative place for Financial Managers?
Yes, with a caveat.The average salary of $171,810 is competitive, especially when considering the national average cost of living. However, it is slightly below the national average salary for the role.
Is Greenville, NC a good place to live for Financial Managers?
The Cost of Living Index in Greenville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greenville, NC?
Some top paying nearby cities include Rocky Mount, NC ($149,170) and Goldsboro, NC.
How does Greenville, NC's cost of living compare nationally?
Greenville, NC, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.
What is the concentration of Financial Managers in Greenville, NC?
The concentration, measured by the Location Quotient, is 0.46, indicating that Financial Managers are less prevalent in Greenville compared to the national average.
How many Financial Manager jobs are there per 1,000 workers in Greenville, NC?
There are approximately 2.417 Financial Manager jobs per 1,000 workers in Greenville, NC, reflecting the local demand for these professionals.
Is the Financial Manager job market in Greenville, NC growing?
While specific growth rates aren't provided, the steady number of jobs per 1,000 workers suggests a stable demand. Assuming national trends, salary growth is also likely.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Greenville, NC area with a job density of 2.417 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, NC