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Average Financial Managers Salary in Lincoln, NE

Financial Managers in Lincoln, NE, earn an average annual salary of $143,400. This figure is notably below the national average of $184,480, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business in Nebraska influence compensation levels for this critical role.

Executive Summary

  • Average Salary: $143,400 per year.
  • Growth Trend: Salaries have shifted 17.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $215,810.
  • Outlook: With a local workforce of 920 Financial Managers and a Location Quotient of 0.96, Lincoln presents a stable, albeit slightly less concentrated, market compared to the national average. The presence of approximately 5.088 jobs per 1,000 workers indicates a consistent demand for financial expertise within the region's economic landscape.
2024 Market Data

Salary Overview

$143,400

The average Financial Managers in Lincoln, NE earns-22.3%below the national average.

BreakdownBased on 40h/week
Hourly

$68.9

Weekly

$2,758

Monthly

$11,950

Financial Managers Salary Distribution in Lincoln, NE

The career trajectory for Financial Managers in Lincoln, NE, shows significant earning potential as experience accumulates. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries reaching the higher percentiles, reflecting a substantial increase in earning capacity and career progression.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$78,240$37.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$107,550$51.7
ManagerOversees team, compliance, and project delivery.50% (Median)$127,280$61.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$179,250$86.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$215,810$103.8

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$143,400

Gross Pay

Real Wage (Purchasing Power)

$143,400

Adjusted for COL (100)

The average annual salary of $143,400 in Lincoln, NE, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Financial Manager's salary in Lincoln is equivalent to the national average, offering a balanced financial environment for residents.

Job Market Context

920

Total Jobs

5.088

Per 1K Jobs

0.96

Location Quotient

Below Average

Lincoln, NE has 0.96x 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 0.96 indicates that Lincoln, NE, has a Financial Manager presence that is very close to the national average concentration. This suggests a competitive yet accessible job market, where opportunities exist without the intense saturation sometimes found in more heavily concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Lincoln, NE

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Lincoln, NE?

The median annual salary for a Financial Managers in Lincoln, NE is $143,400. This typically ranges from $78,240 for entry-level positions to $215,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lincoln, NE is 22.3% lower than the national median of $184,480.

Is Lincoln, NE a lucrative place for Financial Managers?

Yes, Lincoln, NE offers a balanced financial environment for Financial Managers.While the average salary of $143,400 is below the national average, it is offset by a Cost of Living Index of 100, meaning your earnings have average purchasing power. The market is stable with consistent demand.

Is Lincoln, NE a good place to live for Financial Managers?

The Cost of Living Index in Lincoln, NE is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lincoln, NE?

Some top paying nearby cities include Omaha, NE-IA ($156,060) and South Nebraska nonmetropolitan area.

How does the Lincoln, NE Financial Manager salary compare to the national average?

The average annual salary for Financial Managers in Lincoln, NE is $143,400, which is lower than the national average of $184,480.

What is the job market like for Financial Managers in Lincoln, NE?

The job market is stable, with a local workforce of 920 and a Location Quotient of 0.96, indicating a concentration close to the national average. There are approximately 5.088 jobs per 1,000 workers.

How does the Cost of Living in Lincoln, NE affect salary perception?

With a Cost of Living Index of 100, the local purchasing power for a Financial Manager's salary is equivalent to the national average, making the $143,400 salary provide average living standards.

What is the significance of the Location Quotient for Financial Managers in Lincoln, NE?

A Location Quotient of 0.96 suggests that the concentration of Financial Managers in Lincoln is nearly on par with the national average, indicating a healthy and competitive 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 920 employees in the Lincoln, NE area with a job density of 5.088 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.