Average Financial Managers Salary in Sherman-Denison, TX
The average salary for Financial Managerss in Sherman-Denison, TX is $137,360. While this is lower than the national average, the cost of living in Sherman-Denison, TX may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $137,360 per year.
- Growth Trend: Salaries have shifted 54.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $227,840.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Sherman-Denison, TX economy.
Salary Overview
The average Financial Managers in Sherman-Denison, TX earns-25.5%below the national average.
$66
$2,642
$11,447
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Sherman-Denison, TX have experienced a rapid surge, growing by 54.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Sherman-Denison, TX
The earning potential for Financial Managerss in Sherman-Denison, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $63,970, while highly experienced professionals can command wages upwards of $227,840.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,970 | $30.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $103,020 | $49.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $121,400 | $58.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $171,700 | $82.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $227,840 | $109.5 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$137,360
Gross Pay
Real Wage (Purchasing Power)
$137,360
Adjusted for COL (100)
In Sherman-Denison, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $137,360 to $137,360.
Job Market Context
100
Total Jobs
2.013
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Sherman-Denison, TX has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
100 people work as Financial Managers in Sherman-Denison, TX.
Moderate density — roughly 2.013 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Dallas-Fort Worth-Arlington, TX Financial Managers Salary | $174,630↑ 27% | 60 mi |
Comparing salaries near Sherman-Denison, TX
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Sherman-Denison, TX?
The median annual salary for a Financial Managers in Sherman-Denison, TX is $137,360. This typically ranges from $63,970 for entry-level positions to $227,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sherman-Denison, TX is 25.5% lower than the national median of $184,480.
Is Sherman-Denison, TX a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Sherman-Denison, TX is $137,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Sherman-Denison, TX. See distinct detailed breakdown below.
Is Sherman-Denison, TX a good place to live for Financial Managers?
The Cost of Living Index in Sherman-Denison, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sherman-Denison, TX?
Some top paying nearby cities include Dallas-Fort Worth-Arlington, TX ($174,630) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Sherman-Denison, TX area with a job density of 2.013 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 Sherman-Denison, TX