Average Financial Managers Salary in Kansas nonmetropolitan area
Financial Managers in Kansas's nonmetropolitan areas earn an average annual salary of $135,640. This figure is notably below the national average of $184,480, reflecting regional economic factors and a potentially lower demand for highly specialized financial roles compared to urban centers. The specific economic landscape and industry concentration within these areas naturally influence compensation levels.
Executive Summary
- Average Salary: $135,640 per year.
- Growth Trend: Salaries have shifted 29.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $211,080.
- Outlook: With a local workforce of 1,060 Financial Managers, the Kansas nonmetropolitan area presents a moderately sized professional pool. The Location Quotient of 0.53 indicates that this profession is less concentrated here than the national average, suggesting a potentially less saturated but also possibly less robust job market for these specialists.
Salary Overview
The average Financial Managers in Kansas nonmetropolitan area earns-26.5%below the national average.
$65.2
$2,608
$11,303
Financial Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Financial Managers in Kansas nonmetropolitan areas have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial regulations and strategies.
Financial Managers Salary Distribution in Kansas nonmetropolitan area
Salary progression for Financial Managers is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive experience and strategic responsibilities can significantly exceed the average. The percentile gaps in compensation clearly signify career advancement opportunities and the increasing value placed on seasoned financial professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,690 | $39.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $101,730 | $48.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $121,800 | $58.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $169,550 | $81.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $211,080 | $101.5 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$135,640
Gross Pay
Real Wage (Purchasing Power)
$135,640
Adjusted for COL (100)
The average annual salary of $135,640 in Kansas's nonmetropolitan areas 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 region is equivalent to the national average, offering a stable financial standing relative to the cost of essential goods and services.
Job Market Context
1,060
Total Jobs
2.837
Per 1K Jobs
0.53
Location Quotient
Kansas nonmetropolitan area has 0.53x 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 0.53 for Financial Managers in Kansas nonmetropolitan areas suggests that the job market is less concentrated than the national average. This could imply fewer job opportunities compared to more populous regions, but it might also mean less competition for available roles, potentially offering a unique advantage for skilled professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Manhattan, KS Financial Managers Salary | $146,090↑ 8% | 46 mi |
| Topeka, KS Financial Managers Salary | $152,650↑ 13% | 66 mi |
| Wichita, KS Financial Managers Salary | $156,830↑ 16% | 67 mi |
| Lawrence, KS Financial Managers Salary | $156,160↑ 15% | 84 mi |
Comparing salaries near Kansas nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Kansas nonmetropolitan area?
The median annual salary for a Financial Managers in Kansas nonmetropolitan area is $135,640. This typically ranges from $81,690 for entry-level positions to $211,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kansas nonmetropolitan area is 26.5% lower than the national median of $184,480.
Is Kansas nonmetropolitan area a lucrative place for Financial Managers?
No, not when compared to the national average.While the average salary of $135,640 is substantial, it falls significantly short of the national average, indicating less lucrative compensation in this specific region.
Is Kansas nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Kansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kansas nonmetropolitan area?
Some top paying nearby cities include Manhattan, KS ($146,090) and Topeka, KS.
How does the local workforce size affect job prospects?
A local workforce of 1,060 Financial Managers suggests a moderate pool of professionals. While not as large as in major metropolitan areas, it indicates a consistent presence of the role within the region's economy.
What does a Location Quotient of 0.53 mean for Financial Managers?
A Location Quotient of 0.53 signifies that Financial Managers are less prevalent in Kansas nonmetropolitan areas compared to the national average. This could translate to fewer specialized roles but potentially less competition.
How does the Cost of Living impact the salary?
With a Cost of Living Index of 100, the $135,640 salary offers purchasing power equivalent to the national average. This means your earnings will stretch as far as they would in a typical U.S. location.
Are there many Financial Manager jobs per 1,000 workers in this area?
With 2.837 jobs per 1,000 workers, the density of Financial Manager roles is present but not exceptionally high, aligning with the lower Location Quotient and suggesting a stable, rather than booming, job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,060 employees in the Kansas nonmetropolitan area area with a job density of 2.837 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 Kansas nonmetropolitan area