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Average Financial Managers Salary in Kansas City, MO-KS

Financial Managers in Kansas City, MO-KS earn an average annual salary of $160,140. This figure is notably below the national average of $184,480, reflecting regional economic factors and industry demand specific to the area. While below the national benchmark, this salary is influenced by the unique economic landscape of the Kansas City metropolitan area.

Executive Summary

  • Average Salary: $160,140 per year.
  • Growth Trend: Salaries have shifted 6.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $240,210.
  • Outlook: The Kansas City market supports a substantial workforce of 4,610 Financial Managers. With a Location Quotient of 0.79, the concentration of these professionals is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 4.22 Financial Managers per 1,000 workers indicates a consistent demand for these specialized roles within the local economy.
2024 Market Data

Salary Overview

$160,140

The average Financial Managers in Kansas City, MO-KS earns-13.2%below the national average.

BreakdownBased on 40h/week
Hourly

$77

Weekly

$3,080

Monthly

$13,345

Financial Managers Salary Distribution in Kansas City, MO-KS

Salary progression for Financial Managers in Kansas City, MO-KS, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive experience and specialized skills can earn substantially more. The percentile gaps between junior and senior roles highlight the career advancement opportunities and the corresponding salary increases associated with greater responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$85,080$40.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$120,105$57.7
ManagerOversees team, compliance, and project delivery.50% (Median)$140,650$67.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$200,175$96.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$240,210$115.5

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$160,140

Gross Pay

Real Wage (Purchasing Power)

$160,140

Adjusted for COL (100)

The average nominal salary of $160,140 in Kansas City, MO-KS, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Financial Manager's salary in Kansas City is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

4,610

Total Jobs

4.22

Per 1K Jobs

0.79

Location Quotient

Below Average

Kansas City, MO-KS has 0.79x 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 0.79 for Financial Managers in Kansas City, MO-KS, indicates that the profession is slightly less concentrated than the national average. This suggests that while the market is not saturated, there is a steady presence of these roles, implying a balanced demand and supply dynamic. It presents an opportunity for skilled professionals to find positions without facing extreme competition.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Lawrence, KS Financial Managers Salary$156,160↓ 2%38 mi
St. Joseph, MO-KS Financial Managers Salary$139,930↓ 13%47 mi
Topeka, KS Financial Managers Salary$152,650↓ 5%60 mi

Comparing salaries near Kansas City, MO-KS

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Kansas City, MO-KS?

The median annual salary for a Financial Managers in Kansas City, MO-KS is $160,140. This typically ranges from $85,080 for entry-level positions to $240,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kansas City, MO-KS is 13.2% lower than the national median of $184,480.

Is Kansas City, MO-KS a lucrative place for Financial Managers?

No, not as lucrative as the national average.While Financial Managers in Kansas City earn a substantial $160,140, this is below the national average of $184,480. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Kansas City, MO-KS a good place to live for Financial Managers?

The Cost of Living Index in Kansas City, MO-KS is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kansas City, MO-KS?

Some top paying nearby cities include Lawrence, KS ($156,160) and St. Joseph, MO-KS.

What is the average salary for a Financial Manager in Kansas City, MO-KS?

The average annual salary for a Financial Manager in Kansas City, MO-KS is $160,140.

How does the Kansas City salary compare to the national average?

The average salary in Kansas City ($160,140) is lower than the national average ($184,480).

What is the cost of living in Kansas City, MO-KS?

The cost of living in Kansas City, MO-KS is at the national average, with an index of 100.

How concentrated is the Financial Manager job market in Kansas City?

The job market for Financial Managers in Kansas City has a Location Quotient of 0.79, indicating a slightly lower concentration than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,610 employees in the Kansas City, MO-KS area with a job density of 4.22 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Kansas City, MO-KS