Average Financial Managers Salary in Los Angeles-Long Beach-Anaheim, CA
Financial Managers in the Los Angeles-Long Beach-Anaheim, CA area earn an impressive average annual salary of $200,270, significantly surpassing the national average of $184,480. This elevated compensation reflects the region's dynamic economic landscape and the high demand for skilled financial professionals to navigate its complex business environment.
Executive Summary
- Average Salary: $200,270 per year.
- Growth Trend: Salaries have shifted 26.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $300,405.
- Outlook: With a substantial local workforce of 35,320 Financial Managers and a Location Quotient of 1.07, indicating a slightly higher concentration than the national average, the job market in Los Angeles demonstrates robust demand. The presence of 5.697 jobs per 1,000 workers further underscores the strong employment opportunities available for these professionals in the region.
Salary Overview
The average Financial Managers in Los Angeles-Long Beach-Anaheim, CA earns+8.6%above the national average.
$96.3
$3,851
$16,689
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial Managers in a major metropolitan area like Los Angeles have experienced consistent growth over the past four years, mirroring broader economic trends and increasing demand for sophisticated financial expertise.
Financial Managers Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Salary progression for Financial Managers in Los Angeles is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and strategic oversight, can reach significantly higher compensation levels. The widening gap between percentile earnings clearly signifies the substantial career growth and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $96,600 | $46.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $150,203 | $72.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $171,920 | $82.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $250,338 | $120.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $300,405 | $144.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$200,270
Gross Pay
Real Wage (Purchasing Power)
$200,270
Adjusted for COL (100)
The average annual salary of $200,270 in Los Angeles-Long Beach-Anaheim, CA, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Financial Managers in this area holds its purchasing power directly in line with the national average, offering a stable financial footing without significant adjustment needed for daily expenses.
Job Market Context
35,320
Total Jobs
5.697
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Los Angeles-Long Beach-Anaheim, CA has a slightly higher-than-average concentration of Financial Managers roles compared to the national norm.
A Location Quotient of 1.07 suggests that Financial Managers are slightly more concentrated in the Los Angeles-Long Beach-Anaheim, CA area compared to the national average. This indicates a healthy and competitive job market where demand is present, but not overwhelmingly saturated, offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Financial Managers Salary | $162,730↓ 19% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Financial Managers Salary | $191,880↓ 4% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Financial Managers in Los Angeles-Long Beach-Anaheim, CA is $200,270. This typically ranges from $96,600 for entry-level positions to $300,405 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 8.6% higher than the national median of $184,480.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Financial Managers?
Yes, it is a highly lucrative area for Financial Managers.Financial Managers in Los Angeles earn an average of $200,270 annually, which is notably higher than the national average. Coupled with a cost of living that matches the national average, this makes the region financially advantageous for the profession.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Financial Managers?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($162,730) and Oxnard-Thousand Oaks-Ventura, CA.
How does the Los Angeles Financial Manager salary compare to the national average?
Financial Managers in Los Angeles earn an average of $200,270 annually, which is approximately $16,000 more than the national average of $184,480.
What is the job market like for Financial Managers in Los Angeles?
The job market is robust, with a total local workforce of 35,320 Financial Managers and a slightly higher concentration (Location Quotient of 1.07) than the national average, indicating strong demand.
Does the cost of living in Los Angeles affect the Financial Manager salary?
The Cost of Living Index in Los Angeles is 100, which is the national average. Therefore, the higher nominal salary of $200,270 maintains its purchasing power relative to the rest of the country.
How many Financial Manager jobs are there per 1,000 workers in Los Angeles?
There are approximately 5.697 Financial Manager jobs per 1,000 workers in the Los Angeles-Long Beach-Anaheim, CA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 35,320 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 5.697 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 Los Angeles-Long Beach-Anaheim, CA