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Average Financial Managers Salary in Jacksonville, FL

Financial Managers in Jacksonville, FL earn an average annual salary of $166,700, which is slightly below the national average of $184,480. This localized pay rate reflects a combination of regional economic factors, industry demand within the Jacksonville metropolitan area, and the specific skill sets required for financial leadership roles in this market.

Executive Summary

  • Average Salary: $166,700 per year.
  • Growth Trend: Salaries have shifted 26.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $250,050.
  • Outlook: Jacksonville presents a stable job market for Financial Managers, evidenced by a local workforce of 3,940 professionals. The Location Quotient of 0.98 indicates that the concentration of these roles is nearly on par with the national average, suggesting consistent demand and a healthy employment landscape for experienced financial leaders.
2024 Market Data

Salary Overview

$166,700

The average Financial Managers in Jacksonville, FL earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$80.2

Weekly

$3,206

Monthly

$13,892

Financial Managers Salary Distribution in Jacksonville, FL

The salary spectrum for Financial Managers in Jacksonville significantly widens with experience. Entry-level positions might start considerably lower than the average, while senior executives and those with specialized expertise can command salaries well above the $166,700 mark. The percentile gaps illustrate clear career progression opportunities, rewarding accumulated knowledge and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,770$37.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$125,025$60.1
ManagerOversees team, compliance, and project delivery.50% (Median)$137,760$66.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$208,375$100.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$250,050$120.2

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$166,700

Gross Pay

Real Wage (Purchasing Power)

$166,700

Adjusted for COL (100)

With a Cost of Living Index of 100, Jacksonville's cost of living is precisely at the national average. This means the nominal salary of $166,700 for Financial Managers holds its purchasing power directly in line with the national standard, offering a balanced lifestyle without significant financial strain compared to other major metropolitan areas.

Job Market Context

3,940

Total Jobs

5.213

Per 1K Jobs

0.98

Location Quotient

Below Average

Jacksonville, FL has 0.98x 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.

The Location Quotient of 0.98 suggests that Jacksonville's market for Financial Managers is highly competitive and closely mirrors the national distribution of these roles. While not significantly over-represented, the presence of nearly the national average concentration indicates a robust and active job market where skilled professionals can find ample opportunities.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Jacksonville, FL

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Jacksonville, FL?

The median annual salary for a Financial Managers in Jacksonville, FL is $166,700. This typically ranges from $77,770 for entry-level positions to $250,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jacksonville, FL is 9.6% lower than the national median of $184,480.

Is Jacksonville, FL a lucrative place for Financial Managers?

Yes, it offers competitive compensation.Financial Managers in Jacksonville earn $166,700 annually, which is competitive given the national average cost of living. The market also shows a strong concentration of these roles, indicating consistent demand.

Is Jacksonville, FL a good place to live for Financial Managers?

The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Jacksonville, FL?

Some top paying nearby cities include Brunswick-St. Simons, GA ($147,930) and Gainesville, FL.

How does Jacksonville's Financial Manager salary compare to the national average?

The average salary for Financial Managers in Jacksonville, FL is $166,700, which is slightly lower than the national average of $184,480.

What is the job concentration for Financial Managers in Jacksonville?

Jacksonville has a Location Quotient of 0.98 for Financial Managers, indicating a job concentration very close to the national average.

How does the cost of living in Jacksonville affect salary perception?

With a Cost of Living Index of 100, Jacksonville's cost of living is average nationally, meaning the $166,700 salary has standard purchasing power.

What is the total number of Financial Managers in Jacksonville?

There are approximately 3,940 Financial Managers employed in the Jacksonville, FL area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,940 employees in the Jacksonville, FL area with a job density of 5.213 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.