Average Financial Managers Salary in North Coast Region of California nonmetropolitan area
Financial Managers in California's North Coast Region nonmetropolitan area earn an average annual salary of $146,510. This figure is notably below the national average of $184,480, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale. The lower average may be influenced by the unique economic landscape and demand specific to nonmetropolitan areas.
Executive Summary
- Average Salary: $146,510 per year.
- Growth Trend: Salaries have shifted 47.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $225,390.
- Outlook: The job market for Financial Managers in the North Coast Region nonmetropolitan area appears moderately concentrated, with a total local workforce of 340 individuals in this role. The Location Quotient of 0.59 indicates that this profession is less prevalent here compared to the national average, suggesting a niche demand rather than widespread abundance. While the total workforce size is modest, the concentration level points to a stable, albeit specialized, employment landscape.
Salary Overview
The average Financial Managers in North Coast Region of California nonmetropolitan area earns-20.6%below the national average.
$70.4
$2,818
$12,209
Financial Managers Salary Trends (2020-2024)
While specific historical data for the North Coast Region is not provided, it is generally assumed that salaries for Financial Managers nationwide have experienced steady growth over the past four years, driven by increasing complexity in financial regulations, evolving business strategies, and the demand for skilled financial oversight. This national trend likely extends, to some degree, to regional markets, with potential for salary increases reflecting local economic conditions and inflation.
Financial Managers Salary Distribution in North Coast Region of California 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 experience and specialized skills can command salaries well above the average. The percentile gaps in compensation clearly signify career progression, rewarding increased responsibility, strategic input, and a proven track record of financial stewardship.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $79,050 | $38 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,883 | $52.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,230 | $61.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $183,138 | $88 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $225,390 | $108.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$146,510
Gross Pay
Real Wage (Purchasing Power)
$146,510
Adjusted for COL (100)
The nominal average annual salary of $146,510 in the North Coast Region nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Financial Manager's salary in this region is equivalent to that of their national counterparts. While the salary is lower than the national average, the neutral cost of living suggests that the effective take-home value of the salary is comparable, offering a balanced lifestyle.
Job Market Context
340
Total Jobs
3.159
Per 1K Jobs
0.59
Location Quotient
North Coast Region of California nonmetropolitan area has 0.59x 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.
With a Location Quotient of 0.59, the job market for Financial Managers in the North Coast Region nonmetropolitan area is less concentrated than the national average. This indicates that while opportunities exist, the field is not as saturated as in metropolitan hubs. Professionals may find a more specialized, potentially less competitive, environment, but also fewer overall positions compared to areas with a higher concentration of financial services.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Hanford-Corcoran, CA Financial Managers Salary | $141,420↓ 3% | 15 mi |
| Visalia, CA Financial Managers Salary | $149,530↑ 2% | 25 mi |
| Fresno, CA Financial Managers Salary | $158,180↑ 8% | 46 mi |
| Bakersfield-Delano, CA Financial Managers Salary | $160,180↑ 9% | 64 mi |
| San Luis Obispo-Paso Robles, CA Financial Managers Salary | $160,610↑ 10% | 81 mi |
Comparing salaries near North Coast Region of California nonmetropolitan area
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Frequently Asked Questions
How much does a Financial Managers make in North Coast Region of California nonmetropolitan area?
The median annual salary for a Financial Managers in North Coast Region of California nonmetropolitan area is $146,510. This typically ranges from $79,050 for entry-level positions to $225,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Coast Region of California nonmetropolitan area is 20.6% lower than the national median of $184,480.
Is North Coast Region of California nonmetropolitan area a lucrative place for Financial Managers?
No, it is not as lucrative as the national average.The average salary of $146,510 is significantly lower than the national average of $184,480. However, the Cost of Living Index being at the national average of 100 means the purchasing power is comparable.
Is North Coast Region of California nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in North Coast Region of California nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Coast Region of California nonmetropolitan area?
Some top paying nearby cities include Hanford-Corcoran, CA ($141,420) and Visalia, CA.
How does the number of Financial Managers in the North Coast Region compare to the national average?
The North Coast Region nonmetropolitan area has a lower concentration of Financial Managers, as indicated by a Location Quotient of 0.59, meaning the profession is less prevalent than the national average.
What is the total number of Financial Managers in this region?
There are approximately 340 Financial Managers employed in the North Coast Region of California's nonmetropolitan area.
How many Financial Manager jobs are there per 1,000 workers in this region?
In the North Coast Region nonmetropolitan area, there are about 3.159 Financial Manager jobs for every 1,000 workers.
Does the Cost of Living affect the perceived value of a Financial Manager's salary in this region?
The Cost of Living Index is 100, which is the national average. This means the $146,510 salary has purchasing power equivalent to the national average, despite being lower than the national average salary figure.
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 North Coast Region of California nonmetropolitan area area with a job density of 3.159 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 North Coast Region of California nonmetropolitan area