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Average Financial Managers Salary in Santa Rosa-Petaluma, CA

Financial Managers in the Santa Rosa-Petaluma, CA area earn an average annual salary of $172,210. This figure is slightly below the national average of $184,480, suggesting that while the region offers competitive compensation, it may not reach the highest national benchmarks. Local economic factors and industry demands within the Santa Rosa-Petaluma area likely contribute to this specific pay scale.

Executive Summary

  • Average Salary: $172,210 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $258,315.
  • Outlook: The Santa Rosa-Petaluma area supports a local workforce of 890 Financial Managers, indicating a stable, albeit not exceptionally concentrated, presence in the region. With a Location Quotient of 0.82, the concentration of these roles is slightly below the national average, suggesting a moderate demand that is not oversaturated. The presence of 4.362 jobs per 1,000 workers signifies a consistent need for financial expertise within the local economy.
2024 Market Data

Salary Overview

$172,210

The average Financial Managers in Santa Rosa-Petaluma, CA earns-6.7%below the national average.

BreakdownBased on 40h/week
Hourly

$82.8

Weekly

$3,312

Monthly

$14,351

Financial Managers Salary Distribution in Santa Rosa-Petaluma, CA

The career trajectory for Financial Managers in Santa Rosa-Petaluma, CA, typically involves significant salary progression based on experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries at the higher percentiles. The gap between entry-level and senior-level compensation reflects the increasing responsibility, strategic input, and proven track record expected of more experienced managers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$90,380$43.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$129,158$62.1
ManagerOversees team, compliance, and project delivery.50% (Median)$156,840$75.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$215,263$103.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$258,315$124.2

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$172,210

Gross Pay

Real Wage (Purchasing Power)

$172,210

Adjusted for COL (100)

With a local Cost of Living Index at the national average of 100, the nominal salary of $172,210 for Financial Managers in Santa Rosa-Petaluma, CA, offers a purchasing power that is directly comparable to the national standard. This means that the salary earned locally will likely cover the average expenses for goods, services, and housing without significant deviation from what a similar salary would provide elsewhere in the country.

Job Market Context

890

Total Jobs

4.362

Per 1K Jobs

0.82

Location Quotient

Below Average

Santa Rosa-Petaluma, CA has 0.82x 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.

The Location Quotient of 0.82 for Financial Managers in Santa Rosa-Petaluma, CA, indicates that the concentration of these roles is slightly lower than the national average. This suggests that while there is a solid base of financial management jobs, the market is not as intensely focused on this profession compared to other areas. This could imply a balanced job market where opportunities exist, but competition might be less fierce than in highly concentrated national hubs.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Santa Rosa-Petaluma, CA

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Santa Rosa-Petaluma, CA?

The median annual salary for a Financial Managers in Santa Rosa-Petaluma, CA is $172,210. This typically ranges from $90,380 for entry-level positions to $258,315 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Rosa-Petaluma, CA is 6.7% lower than the national median of $184,480.

Is Santa Rosa-Petaluma, CA a lucrative place for Financial Managers?

Yes, with caveats.The average salary of $172,210 is substantial, and with a Cost of Living Index of 100, it offers average national purchasing power. However, it falls slightly below the national average salary for the role.

Is Santa Rosa-Petaluma, CA a good place to live for Financial Managers?

The Cost of Living Index in Santa Rosa-Petaluma, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Santa Rosa-Petaluma, CA?

Some top paying nearby cities include Napa, CA ($178,850) and Vallejo, CA.

How does the Santa Rosa-Petaluma salary compare to the national average?

The average annual salary for Financial Managers in Santa Rosa-Petaluma, CA, is $172,210, which is approximately $12,270 less than the national average of $184,480.

What is the concentration of Financial Managers in Santa Rosa-Petaluma, CA?

The Location Quotient is 0.82, meaning the concentration of Financial Managers in this area is slightly below the national average, indicating a moderate presence in the local job market.

How does the cost of living affect the Financial Manager salary in Santa Rosa-Petaluma, CA?

The Cost of Living Index is 100, which is the national average. This means the $172,210 salary provides purchasing power equivalent to the national average, making it relatively stable in terms of real value.

What does the number of jobs per 1,000 workers suggest for Financial Managers in this area?

With 4.362 jobs per 1,000 workers, there is a steady demand for Financial Managers, indicating a healthy, though not exceptionally high, level of employment opportunities within the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Santa Rosa-Petaluma, CA area with a job density of 4.362 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.