Average Financial Managers Salary in Northeast Nebraska nonmetropolitan area
Financial Managers in the Northeast Nebraska nonmetropolitan area earn an average annual salary of $139,150. This figure is notably below the national average of $184,480, reflecting the unique economic landscape and demand specific to this region. Factors such as industry concentration and the overall economic activity in nonmetropolitan areas often influence compensation levels compared to larger urban centers.
Executive Summary
- Average Salary: $139,150 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,220.
- Outlook: The job market for Financial Managers in Northeast Nebraska, with a total local workforce of 290, presents a specific dynamic. The Location Quotient of 0.57 indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially more specialized market. With 3.049 jobs per 1,000 workers, the demand, while not exceptionally high, is consistent within its localized context.
Salary Overview
The average Financial Managers in Northeast Nebraska nonmetropolitan area earns-24.6%below the national average.
$66.9
$2,676
$11,596
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, increased demand for financial expertise, and evolving market conditions. This trend likely extends to Northeast Nebraska, albeit potentially at a different pace influenced by regional economic factors.
Financial Managers Salary Distribution in Northeast Nebraska nonmetropolitan area
Career progression for Financial Managers typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,560 | $37.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,363 | $50.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $131,080 | $63 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $173,938 | $83.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,220 | $107.3 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$139,150
Gross Pay
Real Wage (Purchasing Power)
$139,150
Adjusted for COL (100)
The average annual salary of $139,150 in Northeast Nebraska 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 relative to the cost of goods and services.
Job Market Context
290
Total Jobs
3.049
Per 1K Jobs
0.57
Location Quotient
Northeast Nebraska nonmetropolitan area has 0.57x 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.
A Location Quotient of 0.57 for Financial Managers in Northeast Nebraska suggests that the concentration of these roles is less than half of the national average. This indicates that the job market is not as saturated as in metropolitan areas, potentially offering fewer but more specialized opportunities for professionals in this field. It implies a market where individual expertise might be highly valued.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Financial Managers Salary | $129,460↓ 7% | 15 mi |
| Lincoln, NE Financial Managers Salary | $143,400↑ 3% | 86 mi |
Comparing salaries near Northeast Nebraska nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Northeast Nebraska nonmetropolitan area?
The median annual salary for a Financial Managers in Northeast Nebraska nonmetropolitan area is $139,150. This typically ranges from $77,560 for entry-level positions to $223,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Nebraska nonmetropolitan area is 24.6% lower than the national median of $184,480.
Is Northeast Nebraska nonmetropolitan area a lucrative place for Financial Managers?
No, not compared to the national average.While the average salary of $139,150 is substantial, it falls significantly short of the national average of $184,480. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Northeast Nebraska nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Northeast Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($129,460) and Lincoln, NE.
How does the number of Financial Managers in Northeast Nebraska compare to the national average?
With a total local workforce of 290 Financial Managers, the concentration (Location Quotient) is 0.57, meaning it's less than half the national average concentration.
What is the job availability for Financial Managers in this region?
There are approximately 3.049 Financial Manager jobs per 1,000 workers in Northeast Nebraska, indicating a moderate level of job availability within the local economy.
Does experience significantly impact a Financial Manager's salary in Northeast Nebraska?
Yes, as with most financial roles, experience is a key driver of salary. Senior Financial Managers typically earn considerably more than those in entry-level positions, reflecting increased responsibility and expertise.
How does the cost of living affect the value of a Financial Manager's salary in Northeast Nebraska?
The Cost of Living Index is 100, which is the national average. Therefore, the $139,150 salary has the same purchasing power in Northeast Nebraska as the national average salary would have across the country.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Northeast Nebraska nonmetropolitan area area with a job density of 3.049 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 Northeast Nebraska nonmetropolitan area