Average Financial Managers Salary in Sacramento-Roseville-Folsom, CA
In Sacramento-Roseville-Folsom, CA, Financial Managers earn an average annual salary of $170,890. This figure is slightly below the national average of $184,480, reflecting a localized compensation structure influenced by regional economic factors and industry demand within the state capital's metropolitan area.
Executive Summary
- Average Salary: $170,890 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $256,335.
- Outlook: The Sacramento-Roseville-Folsom area supports a robust workforce of 5,050 Financial Managers. With a Location Quotient of 0.89, the concentration of these professionals is just shy of the national average, indicating a stable and established market for financial leadership roles within the region.
Salary Overview
The average Financial Managers in Sacramento-Roseville-Folsom, CA earns-7.4%below the national average.
$82.2
$3,286
$14,241
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Financial Managers in Sacramento-Roseville-Folsom have seen consistent growth over the past four years, mirroring national trends of increasing demand for financial expertise and the evolving complexities of corporate finance.
Financial Managers Salary Distribution in Sacramento-Roseville-Folsom, CA
Salary progression for Financial Managers in Sacramento-Roseville-Folsom typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior roles and those with specialized expertise can command salaries well above $170,890, with percentile gaps clearly illustrating the career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $92,310 | $44.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $128,168 | $61.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $150,800 | $72.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $213,613 | $102.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $256,335 | $123.2 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$170,890
Gross Pay
Real Wage (Purchasing Power)
$170,890
Adjusted for COL (100)
The average annual salary of $170,890 in Sacramento-Roseville-Folsom 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 standard, offering a stable financial environment for residents.
Job Market Context
5,050
Total Jobs
4.731
Per 1K Jobs
0.89
Location Quotient
Sacramento-Roseville-Folsom, CA has 0.89x 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 0.89 suggests that Financial Manager roles are slightly less concentrated in Sacramento-Roseville-Folsom compared to the national average. This indicates a competitive yet accessible job market, where opportunities exist but may require proactive engagement to secure desired positions.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Yuba City, CA Financial Managers Salary | $149,990↓ 12% | 40 mi |
| Stockton-Lodi, CA Financial Managers Salary | $163,000↓ 5% | 42 mi |
| Napa, CA Financial Managers Salary | $178,850↑ 5% | 49 mi |
| Vallejo, CA Financial Managers Salary | $163,570↓ 4% | 52 mi |
| Santa Rosa-Petaluma, CA Financial Managers Salary | $172,210↑ 1% | 67 mi |
Comparing salaries near Sacramento-Roseville-Folsom, CA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Sacramento-Roseville-Folsom, CA?
The median annual salary for a Financial Managers in Sacramento-Roseville-Folsom, CA is $170,890. This typically ranges from $92,310 for entry-level positions to $256,335 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sacramento-Roseville-Folsom, CA is 7.4% lower than the national median of $184,480.
Is Sacramento-Roseville-Folsom, CA a lucrative place for Financial Managers?
Yes, with caveats.While the average salary of $170,890 is slightly below the national average, the cost of living is also at the national average, making it a financially stable location. The substantial workforce indicates consistent demand for these roles.
Is Sacramento-Roseville-Folsom, CA a good place to live for Financial Managers?
The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sacramento-Roseville-Folsom, CA?
Some top paying nearby cities include Yuba City, CA ($149,990) and Stockton-Lodi, CA.
How does the number of Financial Managers in Sacramento compare nationally?
With 4.731 jobs per 1,000 workers, the density of Financial Managers in Sacramento-Roseville-Folsom is slightly lower than the national average, as indicated by a Location Quotient of 0.89.
What is the total number of Financial Managers in the Sacramento area?
The Sacramento-Roseville-Folsom metropolitan area employs approximately 5,050 Financial Managers, reflecting a significant presence in the regional economy.
Does experience significantly impact a Financial Manager's salary in Sacramento?
Yes, experience is a key driver of salary. Senior Financial Managers with extensive expertise and proven track records command higher compensation packages than those in entry-level or mid-career positions.
How does the cost of living in Sacramento affect the Financial Manager salary?
The cost of living in Sacramento is at the national average (100), meaning the $170,890 salary offers purchasing power equivalent to the national median, providing a balanced financial lifestyle.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,050 employees in the Sacramento-Roseville-Folsom, CA area with a job density of 4.731 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 Sacramento-Roseville-Folsom, CA