Average Financial Managers Salary in North Georgia nonmetropolitan area
Financial Managers in North Georgia's nonmetropolitan areas earn an average annual salary of $140,960. This figure is notably below the national average of $184,480, reflecting the unique economic landscape and demand dynamics specific to this region. The localized pay scale is a direct consequence of the area's economic drivers and the concentration of financial management roles.
Executive Summary
- Average Salary: $140,960 per year.
- Growth Trend: Salaries have shifted 31.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $235,170.
- Outlook: The job market for Financial Managers in North Georgia's nonmetropolitan areas presents a modest concentration, with a Location Quotient of 0.46, indicating fewer roles relative to the national average. The total local workforce of 460 professionals suggests a smaller, potentially more specialized, talent pool. While the number of jobs per 1,000 workers (2.454) is present, the lower concentration suggests that demand may not be as robust as in more metropolitan counterparts, requiring a nuanced approach to career planning.
Salary Overview
The average Financial Managers in North Georgia nonmetropolitan area earns-23.6%below the national average.
$67.8
$2,711
$11,747
Financial Managers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Financial Managers nationwide have experienced steady growth over the past four years, driven by inflation, increasing business complexity, and a persistent demand for skilled financial oversight. This upward trend is likely mirrored, to some extent, in North Georgia, though potentially at a moderated pace compared to major economic hubs.
Financial Managers Salary Distribution in North Georgia nonmetropolitan area
Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions often start at the lower percentiles, while seasoned professionals with extensive expertise and leadership responsibilities command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career growth opportunities and the increasing value placed on specialized financial acumen and strategic decision-making capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,900 | $36 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,720 | $50.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $126,400 | $60.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $176,200 | $84.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $235,170 | $113.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$140,960
Gross Pay
Real Wage (Purchasing Power)
$140,960
Adjusted for COL (100)
The average annual salary of $140,960 in North Georgia's nonmetropolitan area 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, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
460
Total Jobs
2.454
Per 1K Jobs
0.46
Location Quotient
At 0.46x, North 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.
With a Location Quotient of 0.46, the market for Financial Managers in North Georgia's nonmetropolitan areas is less concentrated than the national average. This suggests a less competitive environment for job seekers, potentially offering more opportunities for those with specialized skills to stand out. However, it also implies a smaller overall market size, which could limit the sheer volume of available positions compared to larger metropolitan regions.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Macon-Bibb County, GA Financial Managers Salary | $150,550↑ 7% | 16 mi |
| Warner Robins, GA Financial Managers Salary | $133,930↓ 5% | 31 mi |
| Athens-Clarke County, GA Financial Managers Salary | $146,500↑ 4% | 65 mi |
| Atlanta-Sandy Springs-Roswell, GA Financial Managers Salary | $192,630↑ 37% | 65 mi |
| Columbus, GA-AL Financial Managers Salary | $152,940↑ 8% | 81 mi |
Comparing salaries near North Georgia nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in North Georgia nonmetropolitan area?
The median annual salary for a Financial Managers in North Georgia nonmetropolitan area is $140,960. This typically ranges from $74,900 for entry-level positions to $235,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Georgia nonmetropolitan area is 23.6% lower than the national median of $184,480.
Is North Georgia nonmetropolitan area a lucrative place for Financial Managers?
No, not compared to the national average.While the average salary of $140,960 is substantial, it falls significantly short of the national average of $184,480, indicating less lucrative compensation in this specific region.
Is North Georgia nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in North Georgia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Georgia nonmetropolitan area?
Some top paying nearby cities include Macon-Bibb County, GA ($150,550) and Warner Robins, GA.
How does the cost of living affect the Financial Manager salary in North Georgia?
The cost of living in North Georgia's nonmetropolitan area is at the national average (100), meaning the $140,960 salary offers purchasing power equivalent to the national average, making it relatively stable financially.
What is the job market like for Financial Managers in this area?
The job market is less concentrated than the national average, with a Location Quotient of 0.46. This suggests fewer opportunities relative to the national scale, but potentially less competition for available roles.
How many Financial Managers are there in North Georgia's nonmetropolitan area?
There are approximately 460 Financial Managers employed in the North Georgia nonmetropolitan area, representing 2.454 jobs per 1,000 workers.
Is the salary for Financial Managers expected to increase in North Georgia?
While specific local trends aren't detailed, national trends suggest a general expectation of salary growth for Financial Managers due to economic factors and evolving business needs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the North Georgia nonmetropolitan area area with a job density of 2.454 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 Georgia nonmetropolitan area