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Average Financial Managers Salary in South Central Wisconsin nonmetropolitan area

Financial Managers in South Central Wisconsin's nonmetropolitan area earn an average annual salary of $135,780. This figure is notably below the national average of $184,480, reflecting regional economic factors and a less concentrated demand for high-level financial expertise compared to major metropolitan hubs.

Executive Summary

  • Average Salary: $135,780 per year.
  • Growth Trend: Salaries have shifted 1.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,610.
  • Outlook: With a local workforce of 680 Financial Managers and a Location Quotient of 0.61, the job market in South Central Wisconsin indicates a moderately concentrated but not overwhelmingly abundant presence of these professionals. The figure of 3.249 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand within this specific nonmetropolitan region.
2024 Market Data

Salary Overview

$135,780

The average Financial Managers in South Central Wisconsin nonmetropolitan area earns-26.4%below the national average.

BreakdownBased on 40h/week
Hourly

$65.3

Weekly

$2,611

Monthly

$11,315

Financial Managers Salary Distribution in South Central Wisconsin nonmetropolitan area

Salary progression for Financial Managers in South Central Wisconsin, as elsewhere, is heavily influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive experience and specialized skills can reach significantly higher earnings. The percentile gaps between entry-level and senior roles highlight the substantial career advancement and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,660$36.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$101,835$49
ManagerOversees team, compliance, and project delivery.50% (Median)$123,500$59.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$169,725$81.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$206,610$99.3

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$135,780

Gross Pay

Real Wage (Purchasing Power)

$135,780

Adjusted for COL (100)

The average annual salary of $135,780 in South Central Wisconsin aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national average, offering a balanced financial proposition for residents.

Job Market Context

680

Total Jobs

3.249

Per 1K Jobs

0.61

Location Quotient

Below Average

South Central Wisconsin nonmetropolitan area has 0.61x 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 0.61 signifies that Financial Managers are less concentrated in the South Central Wisconsin nonmetropolitan area than the national average. This suggests a market that may be less competitive for job seekers but also indicates a potentially smaller pool of specialized roles compared to more densely populated or economically diverse regions.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near South Central Wisconsin nonmetropolitan area

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in South Central Wisconsin nonmetropolitan area?

The median annual salary for a Financial Managers in South Central Wisconsin nonmetropolitan area is $135,780. This typically ranges from $76,660 for entry-level positions to $206,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Wisconsin nonmetropolitan area is 26.4% lower than the national median of $184,480.

Is South Central Wisconsin nonmetropolitan area a lucrative place for Financial Managerss?

No, but it offers good value.While the average salary of $135,780 is below the national average, the cost of living is also at the national average, making the effective purchasing power comparable. The lower concentration of professionals suggests less competition for available roles.

Is South Central Wisconsin nonmetropolitan area a good place to live for Financial Managers?

The Cost of Living Index in South Central Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($146,850) and Oshkosh-Neenah, WI.

How does the local salary compare to the national average?

Financial Managers in South Central Wisconsin earn an average of $135,780 annually, which is approximately 26% lower than the national average of $184,480.

What is the job concentration for Financial Managers in this area?

The Location Quotient of 0.61 indicates that Financial Managers are less concentrated in South Central Wisconsin compared to the national average, suggesting a less saturated job market.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local salary of $135,780 has the same purchasing power as the national average salary, despite being nominally lower.

What is the total number of Financial Managers in the area?

There are approximately 680 Financial Managers employed in the South Central Wisconsin nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the South Central Wisconsin nonmetropolitan area area with a job density of 3.249 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.