Average Financial Managers Salary in Lima, OH
The average salary for Financial Managerss in Lima, OH is $123,660. While this is lower than the national average, the cost of living in Lima, OH may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $123,660 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $204,720.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 180 professionals. With a high job density of 3.691 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
Salary Overview
The average Financial Managers in Lima, OH earns-33.0%below the national average.
$59.5
$2,378
$10,305
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Lima, OH have shown healthy growth of 15.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Lima, OH
The earning potential for Financial Managerss in Lima, OH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $65,150, while highly experienced professionals can command wages upwards of $204,720.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $65,150 | $31.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $92,745 | $44.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $107,000 | $51.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $154,575 | $74.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $204,720 | $98.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$123,660
Gross Pay
Real Wage (Purchasing Power)
$123,660
Adjusted for COL (100)
In Lima, OH, the Cost of Living Index is 100. This increases your effective purchasing power from $123,660 to $123,660.
Job Market Context
180
Total Jobs
3.691
Per 1K Jobs
0.7
Location Quotient
Lima, OH has 0.70x 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.
180 people work as Financial Managers in Lima, OH.
Moderate density — roughly 3.691 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Springfield, OH Financial Managers Salary | $121,810↓ 1% | 58 mi |
| Fort Wayne, IN Financial Managers Salary | $136,020↑ 10% | 59 mi |
| Dayton-Kettering-Beavercreek, OH Financial Managers Salary | $143,230↑ 16% | 67 mi |
| Toledo, OH Financial Managers Salary | $139,910↑ 13% | 69 mi |
| North Northeastern Ohio nonmetropolitan area (noncontiguous) Financial Managers Salary | $130,310↑ 5% | 75 mi |
Comparing salaries near Lima, OH
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Lima, OH?
The median annual salary for a Financial Managers in Lima, OH is $123,660. This typically ranges from $65,150 for entry-level positions to $204,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lima, OH is 33.0% lower than the national median of $184,480.
Is Lima, OH a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Lima, OH is $123,660 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lima, OH. See distinct detailed breakdown below.
Is Lima, OH a good place to live for Financial Managers?
The Cost of Living Index in Lima, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lima, OH?
Some top paying nearby cities include Springfield, OH ($121,810) and Fort Wayne, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Lima, OH area with a job density of 3.691 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Managers Salaries by State
Top Jobs in Lima, OH
- All Occupations Salary in Lima, OH
- Production Occupations Salary in Lima, OH
- Food Preparation and Serving Related Occupations Salary in Lima, OH
- Transportation and Material Moving Occupations Salary in Lima, OH
- Office and Administrative Support Occupations Salary in Lima, OH
- Healthcare Practitioners and Technical Occupations Salary in Lima, OH
- Sales and Related Occupations Salary in Lima, OH
- Management Occupations Salary in Lima, OH
- Educational Instruction and Library Occupations Salary in Lima, OH
- Healthcare Support Occupations Salary in Lima, OH
- Browse All Jobs in Lima, OH →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Lima, OH