Average Financial Managers Salary in Manchester-Nashua, NH
Financial Managers in the Manchester-Nashua, NH area earn an average annual salary of $159,450. This figure is notably below the national average of $184,480, suggesting that while the role is present, specific local economic factors or industry concentrations may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $159,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $239,175.
- Outlook: With a local workforce of 1,510 Financial Managers and a Location Quotient of 1.4, the Manchester-Nashua area demonstrates a concentration of these professionals that is 40% higher than the national average. This indicates a robust demand and a significant presence of financial management roles within the region's economic landscape, suggesting a stable job market for skilled individuals.
Salary Overview
The average Financial Managers in Manchester-Nashua, NH earns-13.6%below the national average.
$76.7
$3,066
$13,288
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial Managers in Manchester-Nashua have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing business complexity, evolving regulatory environments, and the persistent need for expert financial oversight across various industries within the region.
Financial Managers Salary Distribution in Manchester-Nashua, NH
The salary trajectory for Financial Managers in Manchester-Nashua typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, commanding extensive experience and specialized skills, can reach the upper percentiles, often exceeding $200,000 annually. These percentile gaps highlight clear career progression pathways and the substantial earning potential for seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $97,810 | $47 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $119,588 | $57.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $143,320 | $68.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $199,313 | $95.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $239,175 | $115 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$159,450
Gross Pay
Real Wage (Purchasing Power)
$159,450
Adjusted for COL (100)
The average annual salary of $159,450 in Manchester-Nashua, NH, 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 area is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living regions.
Job Market Context
1,510
Total Jobs
7.446
Per 1K Jobs
1.4
Location Quotient
With a location quotient of 1.40, Manchester-Nashua, NH has a slightly higher-than-average concentration of Financial Managers roles compared to the national norm.
The Location Quotient of 1.4 for Financial Managers in Manchester-Nashua signifies a higher concentration of these roles compared to the national average. This suggests that the job market is relatively more abundant and potentially competitive, with employers actively seeking and retaining financial talent, making it a favorable environment for both job seekers and established professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Financial Managers Salary | $148,770↓ 7% | 33 mi |
| Northern New Hampshire nonmetropolitan area Financial Managers Salary | $159,440↓ 0% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Financial Managers Salary | $142,500↓ 11% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Financial Managers Salary | $209,520↑ 31% | 50 mi |
| Massachusetts nonmetropolitan area Financial Managers Salary | $148,630↓ 7% | 52 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Manchester-Nashua, NH?
The median annual salary for a Financial Managers in Manchester-Nashua, NH is $159,450. This typically ranges from $97,810 for entry-level positions to $239,175 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 13.6% lower than the national median of $184,480.
Is Manchester-Nashua, NH a lucrative place for Financial Managers?
Yes, with a stable cost of living.While the average salary is below the national average, the equivalent cost of living means your earnings have strong purchasing power. The high concentration of roles also indicates a healthy job market.
Is Manchester-Nashua, NH a good place to live for Financial Managers?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($148,770) and Northern New Hampshire nonmetropolitan area.
How does the Manchester-Nashua salary compare to the national average?
The average salary for Financial Managers in Manchester-Nashua, NH is $159,450, which is approximately $25,000 less than the national average of $184,480.
What is the concentration of Financial Managers in Manchester-Nashua?
Manchester-Nashua has a Location Quotient of 1.4, indicating that the concentration of Financial Managers is 40% higher than the national average.
How does the cost of living affect the salary in Manchester-Nashua?
With a Cost of Living Index of 100, the national average, the $159,450 salary in Manchester-Nashua offers purchasing power equivalent to the national average, making it a financially stable location.
What is the total number of Financial Managers in the Manchester-Nashua area?
There are approximately 1,510 Financial Managers employed within the Manchester-Nashua, NH workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the Manchester-Nashua, NH area with a job density of 7.446 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 Manchester-Nashua, NH
- All Occupations Salary in Manchester-Nashua, NH
- Office and Administrative Support Occupations Salary in Manchester-Nashua, NH
- Sales and Related Occupations Salary in Manchester-Nashua, NH
- Food Preparation and Serving Related Occupations Salary in Manchester-Nashua, NH
- Management Occupations Salary in Manchester-Nashua, NH
- Healthcare Practitioners and Technical Occupations Salary in Manchester-Nashua, NH
- Transportation and Material Moving Occupations Salary in Manchester-Nashua, NH
- Business and Financial Operations Occupations Salary in Manchester-Nashua, NH
- Educational Instruction and Library Occupations Salary in Manchester-Nashua, NH
- Production Occupations Salary in Manchester-Nashua, NH
- Browse All Jobs in Manchester-Nashua, NH →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Manchester-Nashua, NH