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Average Financial Managers Salary in Minot, ND

The average salary for Financial Managerss in Minot, ND is $142,620. While this is lower than the national average, the cost of living in Minot, ND may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $142,620 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $221,090.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 130 professionals. With a high job density of 3.832 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
2024 Market Data

Salary Overview

$142,620

The average Financial Managers in Minot, ND earns-22.7%below the national average.

BreakdownBased on 40h/week
Hourly

$68.6

Weekly

$2,743

Monthly

$11,885

Financial Managers Salary Distribution in Minot, ND

The earning potential for Financial Managerss in Minot, ND varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $84,530, while highly experienced professionals can command wages upwards of $221,090.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$84,530$40.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$106,965$51.4
ManagerOversees team, compliance, and project delivery.50% (Median)$125,650$60.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$178,275$85.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$221,090$106.3

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$142,620

Gross Pay

Real Wage (Purchasing Power)

$142,620

Adjusted for COL (100)

In Minot, ND, the Cost of Living Index is 100. This increases your effective purchasing power from $142,620 to $142,620.

Job Market Context

130

Total Jobs

3.832

Per 1K Jobs

0.72

Location Quotient

Below Average

Minot, ND has 0.72x 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.

130 people work as Financial Managers in Minot, ND.

Moderate density — roughly 3.832 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
West North Dakota nonmetropolitan area Financial Managers Salary$147,540↑ 3%85 mi
East North Dakota nonmetropolitan area Financial Managers Salary$133,120↓ 7%85 mi

Comparing salaries near Minot, ND

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Minot, ND?

The median annual salary for a Financial Managers in Minot, ND is $142,620. This typically ranges from $84,530 for entry-level positions to $221,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minot, ND is 22.7% lower than the national median of $184,480.

Is Minot, ND a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Minot, ND is $142,620 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Minot, ND. See distinct detailed breakdown below.

Is Minot, ND a good place to live for Financial Managers?

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

Where are the highest paying cities near Minot, ND?

Some top paying nearby cities include West North Dakota nonmetropolitan area ($147,540) and East North Dakota nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Minot, ND area with a job density of 3.832 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Minot, ND