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Average Financial Managers Salary in Northeastern Wisconsin nonmetropolitan area

Financial Managers in the Northeastern Wisconsin nonmetropolitan area earn an average annual salary of $131,560. This figure is notably below the national average of $184,480, reflecting regional economic factors and a potentially lower demand for highly specialized financial roles compared to larger metropolitan hubs. The specific economic landscape and industry concentration within this region naturally influence compensation levels for finance professionals.

Executive Summary

  • Average Salary: $131,560 per year.
  • Growth Trend: Salaries have shifted 1.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,170.
  • Outlook: With a local workforce of 760 Financial Managers, the job market in Northeastern Wisconsin appears stable but not exceptionally concentrated. The Location Quotient of 0.73 suggests that the presence of these roles is slightly below the national average, indicating a moderate demand rather than a robust expansion. While the absolute number of professionals is substantial, the concentration metric points to a market that is neither saturated nor experiencing explosive growth.
2024 Market Data

Salary Overview

$131,560

The average Financial Managers in Northeastern Wisconsin nonmetropolitan area earns-28.7%below the national average.

BreakdownBased on 40h/week
Hourly

$63.3

Weekly

$2,530

Monthly

$10,963

Financial Managers Salary Distribution in Northeastern Wisconsin nonmetropolitan area

Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more, potentially reaching into higher salary percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise and leadership within the financial management field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,950$30.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$98,670$47.4
ManagerOversees team, compliance, and project delivery.50% (Median)$125,620$60.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$164,450$79.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$206,170$99.1

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$131,560

Gross Pay

Real Wage (Purchasing Power)

$131,560

Adjusted for COL (100)

The average nominal salary of $131,560 in Northeastern Wisconsin 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 salary is lower than the national average, the stable cost of living suggests that the effective take-home pay and lifestyle affordability are comparable to the national standard.

Job Market Context

760

Total Jobs

3.878

Per 1K Jobs

0.73

Location Quotient

Below Average

Northeastern Wisconsin nonmetropolitan area has 0.73x 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 0.73 indicates that Financial Manager roles are less concentrated in Northeastern Wisconsin compared to the national average. This suggests that the job market for these professionals is less competitive and potentially offers more opportunities for those seeking to enter the field or advance their careers without facing the intense competition found in highly concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Northeastern Wisconsin nonmetropolitan area

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Northeastern Wisconsin nonmetropolitan area?

The median annual salary for a Financial Managers in Northeastern Wisconsin nonmetropolitan area is $131,560. This typically ranges from $63,950 for entry-level positions to $206,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeastern Wisconsin nonmetropolitan area is 28.7% lower than the national median of $184,480.

Is Northeastern Wisconsin nonmetropolitan area a lucrative place for Financial Managers?

No, but it offers comparable purchasing power.While the average salary of $131,560 is below the national average, the cost of living is also at the national average, making the effective purchasing power similar. The lower concentration of roles suggests a less competitive market.

Is Northeastern Wisconsin nonmetropolitan area a good place to live for Financial Managers?

The Cost of Living Index in Northeastern Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeastern Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($146,850) and Oshkosh-Neenah, WI.

How does the salary compare to larger cities?

The average salary of $131,560 in Northeastern Wisconsin is significantly lower than in major metropolitan areas, which often exceed $180,000 due to higher demand and cost of living.

What is the job outlook for Financial Managers in this region?

The job outlook appears stable with a moderate demand, as indicated by the number of professionals and a Location Quotient slightly below the national average, suggesting steady but not rapid growth.

Does experience significantly impact salary in Northeastern Wisconsin?

Yes, like most regions, experience is a key driver of salary for Financial Managers, with senior roles commanding substantially higher compensation than entry-level positions.

Is the cost of living a major factor for Financial Managers in this area?

No, the cost of living is at the national average, meaning the $131,560 salary offers purchasing power equivalent to the national average, mitigating the impact of the lower nominal salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Northeastern Wisconsin nonmetropolitan area area with a job density of 3.878 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.