Average Financial Managers Salary in Middle Georgia nonmetropolitan area
Financial Managers in the Middle Georgia nonmetropolitan area earn an average annual salary of $133,950. This figure is notably below the national average of $184,480, reflecting regional economic factors and a smaller concentration of high-paying financial sector roles. The specific economic landscape and industry demand within this nonmetropolitan region directly influence compensation levels for these critical finance professionals.
Executive Summary
- Average Salary: $133,950 per year.
- Growth Trend: Salaries have shifted 25.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,130.
- Outlook: The job market for Financial Managers in Middle Georgia, characterized by a local workforce of 340 professionals, presents a modest demand. With a Location Quotient of 0.47, the concentration of these roles is significantly lower than the national average, indicating fewer specialized opportunities compared to more urbanized or industrially diverse areas. While the total number of workers suggests a niche market, the low concentration implies that established Financial Managers may find a stable, albeit less competitive, employment environment.
Salary Overview
The average Financial Managers in Middle Georgia nonmetropolitan area earns-27.4%below the national average.
$64.4
$2,576
$11,163
Financial Managers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth for Financial Managers over the past four years, mirroring national patterns. Economic recovery, inflation, and increasing complexity in financial operations typically drive up compensation. Therefore, professionals in Middle Georgia likely have experienced incremental increases in their earning potential, aligning with broader industry trends, though perhaps at a moderated pace compared to major metropolitan hubs.
Financial Managers Salary Distribution in Middle Georgia nonmetropolitan area
Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive expertise and leadership responsibilities command higher salaries. The percentile gaps in compensation clearly signify career progression, with senior Financial Managers potentially earning well above the average, reflecting their accumulated knowledge, strategic impact, and ability to manage complex financial operations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $71,850 | $34.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $100,463 | $48.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $124,880 | $60 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $167,438 | $80.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,130 | $100.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$133,950
Gross Pay
Real Wage (Purchasing Power)
$133,950
Adjusted for COL (100)
The average annual salary of $133,950 in Middle Georgia 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 region is equivalent to the national average. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers a comparable lifestyle to that experienced by Financial Managers in higher-cost metropolitan areas.
Job Market Context
340
Total Jobs
2.472
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Middle Georgia nonmetropolitan area has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient (LQ) of 0.47 for Financial Managers in Middle Georgia indicates a significantly lower concentration of these professionals compared to the national average. An LQ below 1.0 suggests that the job market is less saturated and potentially less competitive for these roles within the region. While this might mean fewer job openings overall, it could also imply a greater demand for skilled individuals relative to the available talent pool, potentially offering more leverage for experienced professionals.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Macon-Bibb County, GA Financial Managers Salary | $150,550↑ 12% | 16 mi |
| Warner Robins, GA Financial Managers Salary | $133,930↓ 0% | 31 mi |
| Athens-Clarke County, GA Financial Managers Salary | $146,500↑ 9% | 65 mi |
| Atlanta-Sandy Springs-Roswell, GA Financial Managers Salary | $192,630↑ 44% | 65 mi |
| Columbus, GA-AL Financial Managers Salary | $152,940↑ 14% | 81 mi |
Comparing salaries near Middle Georgia nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Middle Georgia nonmetropolitan area?
The median annual salary for a Financial Managers in Middle Georgia nonmetropolitan area is $133,950. This typically ranges from $71,850 for entry-level positions to $208,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Middle Georgia nonmetropolitan area is 27.4% lower than the national median of $184,480.
Is Middle Georgia nonmetropolitan area a lucrative place for Financial Managerss?
No, not compared to the national average.While the average salary of $133,950 is substantial, it falls considerably short of the national average of $184,480. However, the cost of living being at the national average mitigates some of this difference in purchasing power.
Is Middle Georgia nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Middle Georgia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Middle Georgia nonmetropolitan area?
Some top paying nearby cities include Macon-Bibb County, GA ($150,550) and Warner Robins, GA.
How does the local workforce size affect job opportunities?
A local workforce of 340 Financial Managers suggests a specialized and potentially niche market. While this indicates a smaller pool of direct competitors, it may also correlate with fewer overall job openings compared to larger metropolitan areas.
What does a Location Quotient of 0.47 mean for Financial Managers?
A Location Quotient of 0.47 signifies that Financial Managers are less concentrated in Middle Georgia than the national average. This implies fewer specialized roles relative to the general workforce, suggesting a market that may be less competitive but also potentially less dynamic.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the Middle Georgia nonmetropolitan area matches the national average. This means the $133,950 salary offers purchasing power equivalent to the national average, making the lower nominal salary more palatable.
Are there many job openings for Financial Managers in this area?
The data suggests a moderate presence, with 2.472 jobs per 1,000 workers. While not exceptionally high, this indicates a steady, albeit limited, demand for Financial Managers within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Middle Georgia nonmetropolitan area area with a job density of 2.472 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 Middle Georgia nonmetropolitan area