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Average Financial Managers Salary in Massachusetts nonmetropolitan area

The average salary for Financial Managerss in Massachusetts nonmetropolitan area is $148,630. While this is lower than the national average, the cost of living in Massachusetts nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $148,630 per year.
  • Growth Trend: Salaries have shifted 33.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $223,560.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 150 professionals. With a high job density of 3.763 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
2024 Market Data

Salary Overview

$148,630

The average Financial Managers in Massachusetts nonmetropolitan area earns-19.4%below the national average.

BreakdownBased on 40h/week
Hourly

$71.5

Weekly

$2,858

Monthly

$12,386

Financial Managers Salary Distribution in Massachusetts nonmetropolitan area

The earning potential for Financial Managerss in Massachusetts nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $87,720, while highly experienced professionals can command wages upwards of $223,560.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$87,720$42.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$111,473$53.6
ManagerOversees team, compliance, and project delivery.50% (Median)$134,120$64.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$185,788$89.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$223,560$107.5

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$148,630

Gross Pay

Real Wage (Purchasing Power)

$148,630

Adjusted for COL (100)

In Massachusetts nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $148,630 to $148,630.

Job Market Context

150

Total Jobs

3.763

Per 1K Jobs

0.71

Location Quotient

Below Average

Massachusetts nonmetropolitan area has 0.71x 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.

150 people work as Financial Managers in Massachusetts nonmetropolitan area.

Moderate density — roughly 3.763 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Massachusetts nonmetropolitan area

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Massachusetts nonmetropolitan area?

The median annual salary for a Financial Managers in Massachusetts nonmetropolitan area is $148,630. This typically ranges from $87,720 for entry-level positions to $223,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Massachusetts nonmetropolitan area is 19.4% lower than the national median of $184,480.

Is Massachusetts nonmetropolitan area a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Massachusetts nonmetropolitan area is $148,630 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Massachusetts nonmetropolitan area. See distinct detailed breakdown below.

Is Massachusetts nonmetropolitan area a good place to live for Financial Managers?

The Cost of Living Index in Massachusetts nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Massachusetts nonmetropolitan area?

Some top paying nearby cities include Worcester, MA ($175,840) and Boston-Cambridge-Newton, MA-NH.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Massachusetts nonmetropolitan area area with a job density of 3.763 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.