Average Financial Managers Salary in Riverside-San Bernardino-Ontario, CA
Financial Managers in the Riverside-San Bernardino-Ontario, CA area earn an average annual salary of $162,730. This figure is notably below the national average of $184,480, suggesting that while the role is present, the local market dynamics and economic factors may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $162,730 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $244,095.
- Outlook: With a local workforce of 4,430 Financial Managers, the Riverside-San Bernardino-Ontario, CA region demonstrates a significant presence in this critical sector. The Location Quotient of 0.49 indicates that this occupation is less concentrated here than the national average, implying a potentially less saturated but also possibly less specialized job market for these professionals.
Salary Overview
The average Financial Managers in Riverside-San Bernardino-Ontario, CA earns-11.8%below the national average.
$78.2
$3,129
$13,561
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it's generally assumed that salaries for Financial Managers across the nation, including in regions like Riverside-San Bernardino-Ontario, CA, have experienced steady growth over the past four years. This trend is typically driven by increasing demand for financial expertise, inflation, and the evolving complexity of financial markets.
Financial Managers Salary Distribution in Riverside-San Bernardino-Ontario, CA
Salary progression for Financial Managers is strongly tied to experience and responsibility. Entry-level positions typically command lower salaries, while senior roles, such as Chief Financial Officers or Directors of Finance, can significantly exceed the average. The percentile gaps in salary distribution highlight the substantial earning potential as professionals advance through their careers, moving from junior analyst roles to strategic leadership positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,680 | $39.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $122,048 | $58.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $144,040 | $69.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $203,413 | $97.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $244,095 | $117.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$162,730
Gross Pay
Real Wage (Purchasing Power)
$162,730
Adjusted for COL (100)
The average nominal salary of $162,730 in Riverside-San Bernardino-Ontario, CA 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 everyday expenses.
Job Market Context
4,430
Total Jobs
2.612
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Riverside-San Bernardino-Ontario, CA has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.49 for Financial Managers in Riverside-San Bernardino-Ontario, CA suggests that this occupation is less prevalent in the local job market compared to the national average. This could indicate fewer specialized opportunities or a market that relies less heavily on this specific role's concentration, making it potentially more competitive for those seeking highly specialized positions but offering broader opportunities for generalist financial roles.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Financial Managers Salary | $200,270↑ 23% | 49 mi |
| San Diego-Chula Vista-Carlsbad, CA Financial Managers Salary | $192,690↑ 18% | 79 mi |
Comparing salaries near Riverside-San Bernardino-Ontario, CA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Riverside-San Bernardino-Ontario, CA?
The median annual salary for a Financial Managers in Riverside-San Bernardino-Ontario, CA is $162,730. This typically ranges from $81,680 for entry-level positions to $244,095 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Riverside-San Bernardino-Ontario, CA is 11.8% lower than the national median of $184,480.
Is Riverside-San Bernardino-Ontario, CA a lucrative place for Financial Managers?
No, not compared to the national average.While Financial Managers in Riverside-San Bernardino-Ontario, CA earn a substantial $162,730 annually, this is below the national average of $184,480. However, the local cost of living is on par with the national average, meaning the salary offers equivalent purchasing power.
Is Riverside-San Bernardino-Ontario, CA a good place to live for Financial Managers?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Riverside-San Bernardino-Ontario, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($200,270) and San Diego-Chula Vista-Carlsbad, CA.
What is the average salary for a Financial Manager in Riverside-San Bernardino-Ontario, CA?
The average annual salary for a Financial Manager in Riverside-San Bernardino-Ontario, CA is $162,730.
How does the Riverside-San Bernardino-Ontario, CA salary compare to the national average?
The average salary in Riverside-San Bernardino-Ontario, CA ($162,730) is lower than the national average ($184,480).
What is the Cost of Living in Riverside-San Bernardino-Ontario, CA?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100, which is the same as the national average.
How concentrated is the Financial Manager job market in Riverside-San Bernardino-Ontario, CA?
The job market for Financial Managers in Riverside-San Bernardino-Ontario, CA is less concentrated than the national average, with a Location Quotient of 0.49.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,430 employees in the Riverside-San Bernardino-Ontario, CA area with a job density of 2.612 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 Riverside-San Bernardino-Ontario, CA