Average Financial Managers Salary in Santa Maria-Santa Barbara, CA
Financial Managers in the Santa Maria-Santa Barbara, CA area earn an impressive average annual salary of $180,890. This figure is slightly below the national average of $184,480, indicating a competitive but localized market. Factors such as regional economic drivers and the specific industry demands within Santa Maria-Santa Barbara likely influence this compensation.
Executive Summary
- Average Salary: $180,890 per year.
- Growth Trend: Salaries have shifted 29.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $271,335.
- Outlook: With a local workforce of 730 Financial Managers and a Location Quotient of 0.68, the job market in Santa Maria-Santa Barbara, CA, suggests a moderately concentrated but stable demand for these professionals. While not as densely populated with this role as the national average, the existing workforce indicates a consistent need for financial expertise within the region.
Salary Overview
The average Financial Managers in Santa Maria-Santa Barbara, CA earns-1.9%below the national average.
$87
$3,479
$15,074
Financial Managers Salary Trends (2020-2024)
While specific historical data for Santa Maria-Santa Barbara is not provided, it is reasonable to assume that salaries for Financial Managers have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for sophisticated financial planning and analysis typically drive upward salary adjustments in this field.
Financial Managers Salary Distribution in Santa Maria-Santa Barbara, CA
The career trajectory for Financial Managers typically involves significant salary progression with experience. Entry-level positions might start at lower percentiles, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the higher percentiles, reflecting their increased value and strategic contribution to an organization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $92,870 | $44.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $135,668 | $65.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $163,740 | $78.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $226,113 | $108.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $271,335 | $130.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$180,890
Gross Pay
Real Wage (Purchasing Power)
$180,890
Adjusted for COL (100)
The average annual salary of $180,890 in Santa Maria-Santa Barbara, CA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Financial Manager's salary in this area is comparable to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
730
Total Jobs
3.599
Per 1K Jobs
0.68
Location Quotient
Santa Maria-Santa Barbara, CA has 0.68x 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 0.68 indicates that Financial Managers are less concentrated in Santa Maria-Santa Barbara, CA, compared to the national average. This suggests that while there is a presence of these professionals, the market is not oversaturated, potentially offering good opportunities for skilled individuals seeking employment in this region.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| San Luis Obispo-Paso Robles, CA Financial Managers Salary | $160,610↓ 11% | 26 mi |
| Bakersfield-Delano, CA Financial Managers Salary | $160,180↓ 11% | 85 mi |
| Oxnard-Thousand Oaks-Ventura, CA Financial Managers Salary | $191,880↑ 6% | 88 mi |
| North Coast Region of California nonmetropolitan area Financial Managers Salary | $146,510↓ 19% | 92 mi |
| North Valley-Northern Mountains Region of California nonmetropolitan area Financial Managers Salary | $143,320↓ 21% | 92 mi |
Comparing salaries near Santa Maria-Santa Barbara, CA
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Santa Maria-Santa Barbara, CA?
The median annual salary for a Financial Managers in Santa Maria-Santa Barbara, CA is $180,890. This typically ranges from $92,870 for entry-level positions to $271,335 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Santa Maria-Santa Barbara, CA is 1.9% lower than the national median of $184,480.
Is Santa Maria-Santa Barbara, CA a lucrative place for Financial Managers?
Yes, it offers a competitive salary.Financial Managers in Santa Maria-Santa Barbara, CA, earn an average of $180,890, which is very close to the national average. Coupled with a cost of living that matches the national average, this makes the location financially attractive for the role.
Is Santa Maria-Santa Barbara, CA a good place to live for Financial Managers?
The Cost of Living Index in Santa Maria-Santa Barbara, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Santa Maria-Santa Barbara, CA?
Some top paying nearby cities include San Luis Obispo-Paso Robles, CA ($160,610) and Bakersfield-Delano, CA.
How does the Santa Maria-Santa Barbara Financial Manager salary compare to the national average?
The average salary for Financial Managers in Santa Maria-Santa Barbara, CA, is $180,890, which is slightly lower than the national average of $184,480.
What is the Cost of Living in Santa Maria-Santa Barbara, CA for Financial Managers?
The Cost of Living Index in Santa Maria-Santa Barbara, CA, is 100, which is exactly the national average, meaning living expenses are comparable to the rest of the country.
How concentrated is the Financial Manager job market in Santa Maria-Santa Barbara, CA?
The job market for Financial Managers in Santa Maria-Santa Barbara, CA, has a Location Quotient of 0.68, indicating it is less concentrated than the national average.
What is the total number of Financial Managers in Santa Maria-Santa Barbara, CA?
There are approximately 730 Financial Managers working in the Santa Maria-Santa Barbara, CA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Santa Maria-Santa Barbara, CA area with a job density of 3.599 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 Santa Maria-Santa Barbara, CA