Average Financial Managers Salary in Southwestern New Hampshire nonmetropolitan area
Financial Managers in Southwestern New Hampshire's nonmetropolitan areas earn an average annual salary of $142,500. This figure is notably below the national average of $184,480, reflecting the unique economic dynamics and potentially lower demand for highly specialized financial roles in more rural settings compared to major metropolitan hubs.
Executive Summary
- Average Salary: $142,500 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $217,340.
- Outlook: With a local workforce of 230 Financial Managers and a Location Quotient of 0.83, the job market in Southwestern New Hampshire indicates a slightly lower concentration of these professionals than the national average. While not indicating a booming demand, the presence of a dedicated workforce suggests a stable, albeit niche, market for financial management expertise.
Salary Overview
The average Financial Managers in Southwestern New Hampshire nonmetropolitan area earns-22.8%below the national average.
$68.5
$2,740
$11,875
Financial Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial Managers in this region have experienced growth over the past four years, mirroring national trends of increasing compensation for skilled professionals. Economic development and evolving business needs likely contribute to a steady upward trajectory in earning potential.
Financial Managers Salary Distribution in Southwestern New Hampshire nonmetropolitan area
Salary progression for Financial Managers typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles, often exceeding $170,000. The gap between entry-level and senior roles highlights clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $83,000 | $39.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $106,875 | $51.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $132,920 | $63.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $178,125 | $85.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $217,340 | $104.5 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$142,500
Gross Pay
Real Wage (Purchasing Power)
$142,500
Adjusted for COL (100)
The average annual salary of $142,500 in Southwestern New Hampshire 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 a Financial Manager in this region is equivalent to that of their national counterparts, offering a stable financial standing.
Job Market Context
230
Total Jobs
4.396
Per 1K Jobs
0.83
Location Quotient
Southwestern New Hampshire nonmetropolitan area has 0.83x 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 0.83 suggests that Financial Managers are slightly less concentrated in Southwestern New Hampshire compared to the national average. This indicates a moderately competitive market where specialized skills may be in demand, but the overall pool of available talent is not as deep as in larger, more urbanized areas.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Financial Managers Salary | $159,450↑ 12% | 33 mi |
| Portland-South Portland, ME Financial Managers Salary | $182,730↑ 28% | 67 mi |
| Northern Vermont nonmetropolitan area Financial Managers Salary | $144,750↑ 2% | 70 mi |
| Southern Vermont nonmetropolitan area Financial Managers Salary | $130,870↓ 8% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Financial Managers Salary | $209,520↑ 47% | 82 mi |
Comparing salaries near Southwestern New Hampshire nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Southwestern New Hampshire nonmetropolitan area?
The median annual salary for a Financial Managers in Southwestern New Hampshire nonmetropolitan area is $142,500. This typically ranges from $83,000 for entry-level positions to $217,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwestern New Hampshire nonmetropolitan area is 22.8% lower than the national median of $184,480.
Is Southwestern New Hampshire nonmetropolitan area a lucrative place for Financial Managers?
Yes, with caveats.The average salary of $142,500 is substantial, and with a Cost of Living Index of 100, the purchasing power is equivalent to the national average. However, it is below the national average salary for the role.
Is Southwestern New Hampshire nonmetropolitan area a good place to live for Financial Managers?
The Cost of Living Index in Southwestern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwestern New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($159,450) and Portland-South Portland, ME.
How does the local workforce size affect Financial Manager opportunities?
A local workforce of 230 suggests a relatively small but established presence of Financial Managers, indicating a stable market with potentially fewer but dedicated opportunities.
What does a Location Quotient of 0.83 mean for Financial Managers?
A Location Quotient below 1.0 signifies that Financial Managers are less concentrated in this region than the national average, implying a potentially less saturated job market.
How does the cost of living impact the Financial Manager salary in this area?
With a Cost of Living Index of 100, the $142,500 salary offers purchasing power equivalent to the national average, making it a financially stable choice despite being below the national salary benchmark.
Are there many jobs for Financial Managers in Southwestern New Hampshire?
The data suggests a moderate presence of jobs, with 4.396 Financial Managers per 1,000 workers, indicating consistent, though not abundant, employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Southwestern New Hampshire nonmetropolitan area area with a job density of 4.396 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 Southwestern New Hampshire nonmetropolitan area