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Average Financial Managers Salary in South Georgia nonmetropolitan area

Financial Managers in the South Georgia nonmetropolitan area earn an average annual salary of $134,270. This figure is notably below the national average of $184,480, a difference largely attributable to the unique economic landscape and demand dynamics present in nonmetropolitan regions compared to larger urban centers.

Executive Summary

  • Average Salary: $134,270 per year.
  • Growth Trend: Salaries have shifted 37.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,780.
  • Outlook: With a local workforce of 530 Financial Managers, the job market in South Georgia presents a moderate concentration, indicated by a Location Quotient of 0.51. While not as densely populated with these professionals as national averages suggest, the presence of nearly 3 Financial Managers per 1,000 workers signifies a steady, albeit specialized, demand within the region's economy.
2024 Market Data

Salary Overview

$134,270

The average Financial Managers in South Georgia nonmetropolitan area earns-27.2%below the national average.

BreakdownBased on 40h/week
Hourly

$64.6

Weekly

$2,582

Monthly

$11,189

Financial Managers Salary Distribution in South Georgia nonmetropolitan area

Salary progression for Financial Managers in South Georgia, as elsewhere, is typically tied to experience and responsibility. Entry-level positions will command salaries at the lower end of the spectrum, while senior roles with extensive experience and strategic oversight will reach higher compensation levels. The percentile gaps between these levels signify clear career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,400$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$100,703$48.4
ManagerOversees team, compliance, and project delivery.50% (Median)$126,240$60.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$167,838$80.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$205,780$98.9

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$134,270

Gross Pay

Real Wage (Purchasing Power)

$134,270

Adjusted for COL (100)

The average annual salary of $134,270 in South Georgia aligns precisely 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 average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

530

Total Jobs

2.714

Per 1K Jobs

0.51

Location Quotient

Below Average

South Georgia nonmetropolitan area has 0.51x 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 0.51 indicates that Financial Managers are less concentrated in South Georgia's nonmetropolitan area compared to the national average. This suggests that while the role is present and valued, the market is not saturated, potentially offering a competitive advantage for skilled professionals seeking opportunities in this specific locale.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near South Georgia nonmetropolitan area

Hiring Financial Managerss?

Frequently Asked Questions

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

The median annual salary for a Financial Managers in South Georgia nonmetropolitan area is $134,270. This typically ranges from $63,400 for entry-level positions to $205,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Georgia nonmetropolitan area is 27.2% lower than the national median of $184,480.

Is South Georgia nonmetropolitan area a lucrative place for Financial Managers?

No, it is less lucrative than the national average.The average salary of $134,270 is significantly lower than the national average of $184,480. However, the cost of living is also at the national average, making the effective purchasing power comparable.

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

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

Where are the highest paying cities near South Georgia nonmetropolitan area?

Some top paying nearby cities include Macon-Bibb County, GA ($150,550) and Warner Robins, GA.

How does the South Georgia Financial Manager salary compare to the national average?

The average salary for Financial Managers in South Georgia is $134,270, which is considerably lower than the national average of $184,480.

What is the job concentration of Financial Managers in South Georgia?

The job concentration, measured by the Location Quotient, is 0.51, indicating that Financial Managers are less prevalent in this region compared to the national average.

Does the cost of living affect the value of a Financial Manager's salary in South Georgia?

No, the cost of living in South Georgia is at the national average (100), meaning the $134,270 salary has the same purchasing power as the national average salary.

How many Financial Managers are there in the South Georgia nonmetropolitan area?

There are approximately 530 Financial Managers employed in the South Georgia 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 530 employees in the South Georgia nonmetropolitan area area with a job density of 2.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.