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Average Financial Managers Salary in St. George, UT

Financial Managers in St. George, UT, earn an average annual salary of $154,760. This figure is notably below the national average of $184,480, suggesting a localized market dynamic influencing compensation. Factors such as the regional economic landscape and the specific demand within St. George contribute to this pay differential.

Executive Summary

  • Average Salary: $154,760 per year.
  • Growth Trend: Salaries have shifted 103.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $232,140.
  • Outlook: The St. George job market for Financial Managers, while not as concentrated as the national average with a Location Quotient of 0.43, supports a dedicated workforce of approximately 200 professionals. The presence of 2.273 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these critical financial roles within the local economy.
2024 Market Data

Salary Overview

$154,760

The average Financial Managers in St. George, UT earns-16.1%below the national average.

BreakdownBased on 40h/week
Hourly

$74.4

Weekly

$2,976

Monthly

$12,897

Financial Managers Salary Distribution in St. George, UT

Career progression for Financial Managers in St. George typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise and take on more responsibility, their earnings can ascend towards the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$74,680$35.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$116,070$55.8
ManagerOversees team, compliance, and project delivery.50% (Median)$125,980$60.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$193,450$93
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$232,140$111.6

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$154,760

Gross Pay

Real Wage (Purchasing Power)

$154,760

Adjusted for COL (100)

The nominal salary of $154,760 for Financial Managers in St. George, UT, is directly aligned with the national average cost of living, indicated by an index of 100. This means that the purchasing power of this salary in St. George is equivalent to the national average, making the reported income quite stable in terms of real value within the local economic context.

Job Market Context

200

Total Jobs

2.273

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, St. George, UT has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.43, the St. George market for Financial Managers is less concentrated than the national average. This suggests that while there is a presence of these professionals, the job market is not saturated, potentially offering opportunities for skilled individuals. However, it also implies that the demand might be more specialized or less robust compared to larger metropolitan areas.

Nearby Job Markets

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in St. George, UT?

The median annual salary for a Financial Managers in St. George, UT is $154,760. This typically ranges from $74,680 for entry-level positions to $232,140 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. George, UT is 16.1% lower than the national median of $184,480.

Is St. George, UT a lucrative place for Financial Managers?

No, not compared to the national average.While Financial Managers in St. George earn a substantial $154,760, this is below the national average of $184,480. The cost of living being at the national average means the salary's purchasing power is standard, but the absolute earning potential is lower locally.

Is St. George, UT a good place to live for Financial Managers?

The Cost of Living Index in St. George, UT is 100. While higher than average, this often correlates with higher wages.

How does the St. George Financial Manager salary compare to the national average?

Financial Managers in St. George earn an average of $154,760 annually, which is approximately $29,720 less than the national average of $184,480.

What is the cost of living in St. George, UT for Financial Managers?

The cost of living in St. George, UT, is at the national average, with an index of 100. This means that the purchasing power of a Financial Manager's salary in St. George is comparable to the national average.

How concentrated is the Financial Manager job market in St. George?

The Financial Manager job market in St. George has a Location Quotient of 0.43, indicating it is less concentrated than the national average, suggesting a smaller but potentially accessible market.

How many Financial Manager jobs are there per 1,000 workers in St. George?

There are approximately 2.273 Financial Manager jobs per 1,000 workers in St. George, UT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the St. George, UT area with a job density of 2.273 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in St. George, UT