Average Financial Managers Salary in La Crosse-Onalaska, WI-MN
Financial Managers in the La Crosse-Onalaska, WI-MN area earn an average annual salary of $146,040. This figure is notably below the national average of $184,480, suggesting localized economic factors and demand dynamics influence compensation in this region. The specific pay rates are often dictated by the unique economic landscape and industry concentration within the La Crosse-Onalaska metropolitan area.
Executive Summary
- Average Salary: $146,040 per year.
- Growth Trend: Salaries have shifted 25.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $216,180.
- Outlook: The La Crosse-Onalaska region supports a local workforce of 330 Financial Managers. With a Location Quotient of 0.75, the concentration of these roles is slightly below the national average, indicating a moderate but not exceptionally high demand relative to other professions. The presence of nearly 4 Financial Manager jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, job market for this profession within the area.
Salary Overview
The average Financial Managers in La Crosse-Onalaska, WI-MN earns-20.8%below the national average.
$70.2
$2,808
$12,170
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial Managers across the nation, including in La Crosse-Onalaska, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing complexity in financial regulations, and a persistent need for skilled financial oversight in businesses of all sizes.
Financial Managers Salary Distribution in La Crosse-Onalaska, WI-MN
The salary range for Financial Managers in La Crosse-Onalaska, like elsewhere, is significantly influenced by experience. Entry-level positions will command lower salaries, while senior roles with extensive experience and specialized skills can earn considerably more, potentially approaching or even exceeding the national average. The percentile gaps between junior and senior roles highlight the substantial career progression and earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,670 | $37.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,530 | $52.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $130,400 | $62.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $182,550 | $87.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $216,180 | $103.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$146,040
Gross Pay
Real Wage (Purchasing Power)
$146,040
Adjusted for COL (100)
The average annual salary of $146,040 in La Crosse-Onalaska 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 standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
330
Total Jobs
3.961
Per 1K Jobs
0.75
Location Quotient
La Crosse-Onalaska, WI-MN has 0.75x 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 0.75 for Financial Managers in La Crosse-Onalaska indicates that the profession is slightly less concentrated here compared to the national average. This suggests that while opportunities exist, the market may be less saturated, potentially offering a more competitive environment for job seekers or a stable, predictable demand for established professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Rochester, MN Financial Managers Salary | $161,250↑ 10% | 64 mi |
| Eau Claire, WI Financial Managers Salary | $152,910↑ 5% | 70 mi |
| South Central Wisconsin nonmetropolitan area Financial Managers Salary | $135,780↓ 7% | 86 mi |
| Northeastern Wisconsin nonmetropolitan area Financial Managers Salary | $131,560↓ 10% | 86 mi |
| Western Wisconsin nonmetropolitan area Financial Managers Salary | $138,080↓ 5% | 86 mi |
Comparing salaries near La Crosse-Onalaska, WI-MN
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in La Crosse-Onalaska, WI-MN?
The median annual salary for a Financial Managers in La Crosse-Onalaska, WI-MN is $146,040. This typically ranges from $77,670 for entry-level positions to $216,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in La Crosse-Onalaska, WI-MN is 20.8% lower than the national median of $184,480.
Is La Crosse-Onalaska, WI-MN a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to national averages.While the average salary of $146,040 is substantial, it falls below the national average of $184,480. However, the cost of living is at the national average, meaning the salary's purchasing power is standard.
Is La Crosse-Onalaska, WI-MN a good place to live for Financial Managers?
The Cost of Living Index in La Crosse-Onalaska, WI-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near La Crosse-Onalaska, WI-MN?
Some top paying nearby cities include Rochester, MN ($161,250) and Eau Claire, WI.
How does the La Crosse-Onalaska Financial Manager salary compare to the national average?
The average salary of $146,040 in La Crosse-Onalaska is approximately 20.8% lower than the national average of $184,480.
What is the significance of the Location Quotient (LQ) for Financial Managers in this area?
An LQ of 0.75 suggests that Financial Managers are slightly less concentrated in La Crosse-Onalaska compared to the national average, implying a moderate level of demand relative to the national distribution of the workforce.
Does the Cost of Living in La Crosse-Onalaska affect the perceived value of the Financial Manager salary?
No, the Cost of Living Index is 100, which is the national average. This means the $146,040 salary has the same purchasing power as it would in a typical U.S. location.
How many Financial Managers are employed in the La Crosse-Onalaska area?
There are approximately 330 Financial Managers employed within the La Crosse-Onalaska, WI-MN region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the La Crosse-Onalaska, WI-MN area with a job density of 3.961 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 La Crosse-Onalaska, WI-MN