Average Financial Managers Salary in Northwest Alabama nonmetropolitan area
The average salary for Financial Managerss in Northwest Alabama nonmetropolitan area is $118,330. While this is lower than the national average, the cost of living in Northwest Alabama nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $118,330 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $206,130.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Northwest Alabama nonmetropolitan area economy.
Salary Overview
The average Financial Managers in Northwest Alabama nonmetropolitan area earns-35.9%below the national average.
$56.9
$2,276
$9,861
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Northwest Alabama nonmetropolitan area have shown healthy growth of 10.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Northwest Alabama nonmetropolitan area
The earning potential for Financial Managerss in Northwest Alabama nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $50,950, while highly experienced professionals can command wages upwards of $206,130.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,950 | $24.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $88,748 | $42.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,330 | $51.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $147,913 | $71.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $206,130 | $99.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$118,330
Gross Pay
Real Wage (Purchasing Power)
$118,330
Adjusted for COL (100)
In Northwest Alabama nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $118,330 to $118,330.
Job Market Context
120
Total Jobs
1.767
Per 1K Jobs
0.33
Location Quotient
At 0.33x, Northwest Alabama 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.
120 people work as Financial Managers in Northwest Alabama nonmetropolitan area.
1.767 out of every 1,000 local jobs are Financial Managers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Financial Managers Salary | $146,390↑ 24% | 44 mi |
| Birmingham, AL Financial Managers Salary | $169,970↑ 44% | 50 mi |
| Tuscaloosa, AL Financial Managers Salary | $141,550↑ 20% | 52 mi |
| Auburn-Opelika, AL Financial Managers Salary | $138,130↑ 17% | 77 mi |
| Anniston-Oxford, AL Financial Managers Salary | $122,690↑ 4% | 82 mi |
Comparing salaries near Northwest Alabama nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Northwest Alabama nonmetropolitan area?
The median annual salary for a Financial Managers in Northwest Alabama nonmetropolitan area is $118,330. This typically ranges from $50,950 for entry-level positions to $206,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Alabama nonmetropolitan area is 35.9% lower than the national median of $184,480.
Is Northwest Alabama nonmetropolitan area a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Northwest Alabama nonmetropolitan area is $118,330 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northwest Alabama nonmetropolitan area. See distinct detailed breakdown below.
Is Northwest Alabama nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Northwest Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($146,390) and Birmingham, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Northwest Alabama nonmetropolitan area area with a job density of 1.767 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 Northwest Alabama nonmetropolitan area