Average Financial Managers Salary in Sumter, SC
The average salary for Financial Managerss in Sumter, SC is $148,330. While this is lower than the national average, the cost of living in Sumter, SC may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $148,330 per year.
- Growth Trend: Salaries have shifted 44.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $213,710.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Sumter, SC economy.
Salary Overview
The average Financial Managers in Sumter, SC earns-19.6%below the national average.
$71.3
$2,853
$12,361
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Sumter, SC have experienced a rapid surge, growing by 44.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Sumter, SC
The earning potential for Financial Managerss in Sumter, SC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $78,530, while highly experienced professionals can command wages upwards of $213,710.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,530 | $37.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,248 | $53.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $135,820 | $65.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $185,413 | $89.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $213,710 | $102.7 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$148,330
Gross Pay
Real Wage (Purchasing Power)
$148,330
Adjusted for COL (100)
In Sumter, SC, the Cost of Living Index is 100. This increases your effective purchasing power from $148,330 to $148,330.
Job Market Context
90
Total Jobs
2.527
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Sumter, SC has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
90 people work as Financial Managers in Sumter, SC.
Moderate density — roughly 2.527 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Financial Managers Salary | $134,420↓ 9% | 30 mi |
| Northwestern South Carolina nonmetropolitan area Financial Managers Salary | $134,860↓ 9% | 32 mi |
| Northeastern South Carolina nonmetropolitan area Financial Managers Salary | $130,190↓ 12% | 32 mi |
| Southern South Carolina nonmetropolitan area Financial Managers Salary | $146,800↓ 1% | 32 mi |
| Florence, SC Financial Managers Salary | $150,700↑ 2% | 38 mi |
Comparing salaries near Sumter, SC
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Sumter, SC?
The median annual salary for a Financial Managers in Sumter, SC is $148,330. This typically ranges from $78,530 for entry-level positions to $213,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sumter, SC is 19.6% lower than the national median of $184,480.
Is Sumter, SC a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Sumter, SC is $148,330 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Sumter, SC. See distinct detailed breakdown below.
Is Sumter, SC a good place to live for Financial Managers?
The Cost of Living Index in Sumter, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sumter, SC?
Some top paying nearby cities include Columbia, SC ($134,420) and Northwestern South Carolina 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 90 employees in the Sumter, SC area with a job density of 2.527 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Managers Salaries by State
Top Jobs in Sumter, SC
- All Occupations Salary in Sumter, SC
- Office and Administrative Support Occupations Salary in Sumter, SC
- Production Occupations Salary in Sumter, SC
- Sales and Related Occupations Salary in Sumter, SC
- Food Preparation and Serving Related Occupations Salary in Sumter, SC
- Transportation and Material Moving Occupations Salary in Sumter, SC
- Healthcare Practitioners and Technical Occupations Salary in Sumter, SC
- Installation, Maintenance, and Repair Occupations Salary in Sumter, SC
- Educational Instruction and Library Occupations Salary in Sumter, SC
- Healthcare Support Occupations Salary in Sumter, SC
- Browse All Jobs in Sumter, SC →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Sumter, SC