Average Financial Managers Salary in South Nebraska nonmetropolitan area
Financial Managers in the South Nebraska nonmetropolitan area earn an average annual salary of $139,410. This figure is notably below the national average of $184,480, reflecting regional economic factors and a different market dynamic. The concentration of financial management roles in this specific area influences compensation levels.
Executive Summary
- Average Salary: $139,410 per year.
- Growth Trend: Salaries have shifted 19.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,710.
- Outlook: With a local workforce of 440 Financial Managers, the job market in South Nebraska's nonmetropolitan areas presents a moderate level of opportunity. The location quotient of 0.54 indicates that this profession is less concentrated here compared to the national average, suggesting a stable but not rapidly expanding demand for these specialized skills.
Salary Overview
The average Financial Managers in South Nebraska nonmetropolitan area earns-24.4%below the national average.
$67
$2,681
$11,618
Financial Managers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's generally assumed that salaries for Financial Managers across the United States have seen consistent growth over the past four years, driven by inflation and increasing demand for financial expertise. This trend likely extends to South Nebraska, albeit potentially at a different pace than national averages.
Financial Managers Salary Distribution in South Nebraska nonmetropolitan area
Career progression for Financial Managers typically involves significant salary increases with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,120 | $37.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,558 | $50.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $128,160 | $61.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,263 | $83.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,710 | $97.9 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$139,410
Gross Pay
Real Wage (Purchasing Power)
$139,410
Adjusted for COL (100)
The average annual salary of $139,410 in South Nebraska's nonmetropolitan area aligns perfectly 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 relative to living expenses.
Job Market Context
440
Total Jobs
2.855
Per 1K Jobs
0.54
Location Quotient
South Nebraska nonmetropolitan area has 0.54x 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 0.54 for Financial Managers in South Nebraska's nonmetropolitan area suggests that the profession is less prevalent than the national average. This indicates a less saturated market, which could present unique opportunities for skilled professionals, but also implies a potentially smaller pool of available positions compared to more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Financial Managers Salary | $129,460↓ 7% | 15 mi |
| Lincoln, NE Financial Managers Salary | $143,400↑ 3% | 86 mi |
Comparing salaries near South Nebraska nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in South Nebraska nonmetropolitan area?
The median annual salary for a Financial Managers in South Nebraska nonmetropolitan area is $139,410. This typically ranges from $78,120 for entry-level positions to $203,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Nebraska nonmetropolitan area is 24.4% lower than the national median of $184,480.
Is South Nebraska nonmetropolitan area a lucrative place for Financial Managers?
No, not when compared to the national average.While the average salary of $139,410 is substantial, it falls significantly short of the national average of $184,480. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is South Nebraska nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in South Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($129,460) and Lincoln, NE.
How does the number of Financial Managers in South Nebraska compare nationally?
With 440 Financial Managers locally and 2.855 jobs per 1,000 workers, the concentration is lower than the national average, as indicated by a location quotient of 0.54.
What is the purchasing power of a Financial Manager's salary in South Nebraska?
The average salary of $139,410 has a purchasing power equivalent to the national average, as the local Cost of Living Index is also 100.
Are there many Financial Manager jobs in South Nebraska's nonmetropolitan areas?
The market is less concentrated than the national average, with a location quotient of 0.54, suggesting a stable but not overly abundant job market.
How does experience affect Financial Manager salaries in this region?
As with national trends, experience is expected to significantly increase salary potential, with senior roles commanding higher compensation than entry-level positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the South Nebraska nonmetropolitan area area with a job density of 2.855 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 South Nebraska nonmetropolitan area