Average Financial Managers Salary in Southwest Alabama nonmetropolitan area
The average salary for Financial Managerss in Southwest Alabama nonmetropolitan area is $114,680. While this is lower than the national average, the cost of living in Southwest Alabama nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $114,680 per year.
- Growth Trend: Salaries have shifted 23.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $173,540.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Southwest Alabama nonmetropolitan area economy.
Salary Overview
The average Financial Managers in Southwest Alabama nonmetropolitan area earns-37.8%below the national average.
$55.1
$2,205
$9,557
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Southwest Alabama nonmetropolitan area have experienced a rapid surge, growing by 23.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Southwest Alabama nonmetropolitan area
The earning potential for Financial Managerss in Southwest Alabama nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,440, while highly experienced professionals can command wages upwards of $173,540.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,440 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $86,010 | $41.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,070 | $51 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $143,350 | $68.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $173,540 | $83.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$114,680
Gross Pay
Real Wage (Purchasing Power)
$114,680
Adjusted for COL (100)
In Southwest Alabama nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $114,680 to $114,680.
Job Market Context
140
Total Jobs
2.242
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Southwest Alabama nonmetropolitan area has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
140 people work as Financial Managers in Southwest Alabama nonmetropolitan area.
Moderate density — roughly 2.242 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Financial Managers Salary | $146,390↑ 28% | 44 mi |
| Birmingham, AL Financial Managers Salary | $169,970↑ 48% | 50 mi |
| Tuscaloosa, AL Financial Managers Salary | $141,550↑ 23% | 52 mi |
| Auburn-Opelika, AL Financial Managers Salary | $138,130↑ 20% | 77 mi |
| Anniston-Oxford, AL Financial Managers Salary | $122,690↑ 7% | 82 mi |
Comparing salaries near Southwest Alabama nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Southwest Alabama nonmetropolitan area?
The median annual salary for a Financial Managers in Southwest Alabama nonmetropolitan area is $114,680. This typically ranges from $59,440 for entry-level positions to $173,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Alabama nonmetropolitan area is 37.8% lower than the national median of $184,480.
Is Southwest Alabama nonmetropolitan area a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Southwest Alabama nonmetropolitan area is $114,680 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest Alabama nonmetropolitan area. See distinct detailed breakdown below.
Is Southwest Alabama nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Southwest Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($146,390) and Birmingham, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Southwest Alabama nonmetropolitan area area with a job density of 2.242 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 Southwest Alabama nonmetropolitan area