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.
Salary Overview
The average Financial Managers in Paducah, KY-IL earns-32.5%below the national average.
$59.9
$2,395
$10,378
Financial Managers Salary Trends (2020-2024)
Historical trend data for Financial Managers in Paducah, KY-IL is limited, but current market signals indicate a stable demand environment.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
| City | Salary | Dist. |
|---|---|---|
| Cape Girardeau, MO-IL Financial Managers Salary | $144,090↑ 16% | 53 mi |
| Clarksville, TN-KY Financial Managers Salary | $136,720↑ 10% | 80 mi |
| Evansville, IN Financial Managers Salary | $131,620↑ 6% | 88 mi |
| Owensboro, KY Financial Managers Salary | $109,950↓ 12% | 96 mi |
| Jackson, TN Financial Managers Salary | $126,340↑ 1% | 99 mi |
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.
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Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Paducah, KY-IL