Average Financial Managers Salary in Johnstown, PA
Financial Managers in Johnstown, PA, can expect an average annual salary of $116,170. This figure is notably lower than the national average of $184,480, reflecting the specific economic landscape and demand within the Johnstown region. Localized market dynamics, industry concentration, and the overall cost of doing business significantly influence compensation levels for these critical finance professionals.
Executive Summary
- Average Salary: $116,170 per year.
- Growth Trend: Salaries have shifted 0.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $176,140.
- Outlook: With a total local workforce of 210 Financial Managers, Johnstown presents a modest but stable employment base for this profession. The location quotient of 0.81 suggests a slightly lower concentration compared to the national average, indicating that while the role is present, it's not a dominant industry hub. The rate of 4.295 jobs per 1,000 workers points to a steady, albeit not explosive, demand for financial expertise within the local economy.
Salary Overview
The average Financial Managers in Johnstown, PA earns-37.0%below the national average.
$55.9
$2,234
$9,681
Financial Managers Salary Trends (2020-2024)
While specific historical data for Johnstown is not provided, it is reasonable to assume that salaries for Financial Managers have experienced a gradual upward trend over the past four years, mirroring national patterns. Economic recovery, inflation, and increasing complexity in financial regulations typically drive salary growth for experienced professionals in this field, even in smaller markets.
Financial Managers Salary Distribution in Johnstown, PA
The career trajectory for Financial Managers in Johnstown, as elsewhere, involves significant salary progression with experience. Entry-level positions will command lower salaries, likely falling below the average, while senior roles, such as CFOs or VPs of Finance, will exceed the $116,170 average considerably. The percentile gaps between these levels signify the substantial earning potential and career advancement opportunities available to those who build expertise and take on greater responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,630 | $32 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,128 | $41.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,550 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $145,213 | $69.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $176,140 | $84.7 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$116,170
Gross Pay
Real Wage (Purchasing Power)
$116,170
Adjusted for COL (100)
The average annual salary of $116,170 in Johnstown, PA, 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 Johnstown is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
210
Total Jobs
4.295
Per 1K Jobs
0.81
Location Quotient
Johnstown, PA has 0.81x 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 0.81 for Financial Managers in Johnstown indicates that the concentration of these professionals is slightly below the national average. This suggests that the job market is neither oversaturated nor exceptionally scarce; rather, it represents a balanced demand relative to the size of the local workforce. Companies in Johnstown may find it moderately competitive to attract top talent from outside the immediate area.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Altoona, PA Financial Managers Salary | $121,340↑ 4% | 30 mi |
| Pittsburgh, PA Financial Managers Salary | $153,570↑ 32% | 57 mi |
| State College, PA Financial Managers Salary | $161,030↑ 39% | 64 mi |
| Chambersburg, PA Financial Managers Salary | $129,320↑ 11% | 72 mi |
| Morgantown, WV Financial Managers Salary | $142,910↑ 23% | 72 mi |
Comparing salaries near Johnstown, PA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Johnstown, PA?
The median annual salary for a Financial Managers in Johnstown, PA is $116,170. This typically ranges from $66,630 for entry-level positions to $176,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Johnstown, PA is 37.0% lower than the national median of $184,480.
Is Johnstown, PA a lucrative place for Financial Managers?
No, not compared to the national average.While the $116,170 average salary is substantial, it falls significantly short of the national average of $184,480. However, the cost of living being at the national average offsets this difference somewhat.
Is Johnstown, PA a good place to live for Financial Managers?
The Cost of Living Index in Johnstown, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Johnstown, PA?
Some top paying nearby cities include Altoona, PA ($121,340) and Pittsburgh, PA.
How does the Johnstown Financial Manager salary compare to the national average?
The average salary of $116,170 in Johnstown is considerably lower than the national average of $184,480, representing a significant regional difference in compensation.
What is the cost of living in Johnstown, PA for Financial Managers?
The cost of living in Johnstown is at the national average of 100, meaning that the purchasing power of a Financial Manager's salary there is equivalent to the national average.
Is there high demand for Financial Managers in Johnstown?
The demand is steady, with 4.295 jobs per 1,000 workers and a location quotient of 0.81, indicating a presence that is slightly below the national concentration but stable.
How many Financial Managers are there in Johnstown?
Johnstown has a local workforce of 210 Financial Managers, reflecting a moderate presence within the city's professional landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Johnstown, PA area with a job density of 4.295 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 Johnstown, PA