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Average Financial Managers Salary in Paducah, KY-IL

The average salary for Financial Managerss in Paducah, KY-IL is $124,530. While this is lower than the national average, the cost of living in Paducah, KY-IL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $124,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $197,420.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Paducah, KY-IL economy.
2024 Market Data

Salary Overview

$124,530

The average Financial Managers in Paducah, KY-IL earns-32.5%below the national average.

BreakdownBased on 40h/week
Hourly

$59.9

Weekly

$2,395

Monthly

$10,378

Financial Managers Salary Distribution in Paducah, KY-IL

The earning potential for Financial Managerss in Paducah, KY-IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $65,470, while highly experienced professionals can command wages upwards of $197,420.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,470$31.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$93,398$44.9
ManagerOversees team, compliance, and project delivery.50% (Median)$108,890$52.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$155,663$74.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$197,420$94.9

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$124,530

Gross Pay

Real Wage (Purchasing Power)

$124,530

Adjusted for COL (100)

In Paducah, KY-IL, the Cost of Living Index is 100. This increases your effective purchasing power from $124,530 to $124,530.

Job Market Context

110

Total Jobs

2.245

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Paducah, KY-IL has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

110 people work as Financial Managers in Paducah, KY-IL.

Moderate density — roughly 2.245 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Paducah, KY-IL

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Paducah, KY-IL?

The median annual salary for a Financial Managers in Paducah, KY-IL is $124,530. This typically ranges from $65,470 for entry-level positions to $197,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Paducah, KY-IL is 32.5% lower than the national median of $184,480.

Is Paducah, KY-IL a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Paducah, KY-IL is $124,530 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Paducah, KY-IL. See distinct detailed breakdown below.

Is Paducah, KY-IL a good place to live for Financial Managers?

The Cost of Living Index in Paducah, KY-IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Paducah, KY-IL?

Some top paying nearby cities include Cape Girardeau, MO-IL ($144,090) and Clarksville, TN-KY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Paducah, KY-IL area with a job density of 2.245 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.