Average Financial Managers Salary in Texarkana, TX-AR
Financial Managers in Texarkana, TX-AR earn an average annual salary of $137,240, which is notably below the national average of $184,480. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for specialized financial expertise within the Texarkana metropolitan area.
Executive Summary
- Average Salary: $137,240 per year.
- Growth Trend: Salaries have shifted 33.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $219,330.
- Outlook: The Texarkana, TX-AR market for Financial Managers shows a moderate level of concentration, with a Location Quotient of 0.65, indicating a presence that is less than the national average. With a local workforce of 200 Financial Managers, the job market is relatively stable but suggests that opportunities may be less abundant compared to more heavily concentrated national hubs.
Salary Overview
The average Financial Managers in Texarkana, TX-AR earns-25.6%below the national average.
$66
$2,639
$11,437
Financial Managers Salary Trends (2020-2024)
While specific historical data for Texarkana is not provided, it is generally assumed that salaries for Financial Managers across the United States have experienced steady growth over the past four years, driven by increasing complexity in financial regulations, evolving business needs, and a persistent demand for skilled professionals.
Financial Managers Salary Distribution in Texarkana, TX-AR
Salary progression for Financial Managers in Texarkana, TX-AR, like elsewhere, is significantly tied to experience. Entry-level positions typically command lower salaries, while senior roles requiring extensive expertise, strategic oversight, and leadership command substantially higher compensation. The gap between the 25th and 75th percentiles in salary data often signifies the career growth and earning potential available as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,940 | $28.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,930 | $49.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $115,510 | $55.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $171,550 | $82.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $219,330 | $105.4 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$137,240
Gross Pay
Real Wage (Purchasing Power)
$137,240
Adjusted for COL (100)
The average annual salary of $137,240 in Texarkana, TX-AR aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in Texarkana is equivalent to the national average, suggesting that while the nominal salary is lower than the national average, the cost of living does not further diminish its real value.
Job Market Context
200
Total Jobs
3.45
Per 1K Jobs
0.65
Location Quotient
Texarkana, TX-AR has 0.65x 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 0.65 for Financial Managers in Texarkana, TX-AR suggests that the profession is less concentrated than the national average. This indicates that while there is a consistent need for these roles, the market may not be saturated, potentially offering a competitive environment for skilled professionals seeking positions.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Shreveport-Bossier City, LA Financial Managers Salary | $126,340↓ 8% | 70 mi |
| Longview, TX Financial Managers Salary | $146,050↑ 6% | 75 mi |
| Hot Springs, AR Financial Managers Salary | $105,020↓ 23% | 93 mi |
Comparing salaries near Texarkana, TX-AR
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Texarkana, TX-AR?
The median annual salary for a Financial Managers in Texarkana, TX-AR is $137,240. This typically ranges from $58,940 for entry-level positions to $219,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texarkana, TX-AR is 25.6% lower than the national median of $184,480.
Is Texarkana, TX-AR a lucrative place for Financial Managers?
No, not when compared to the national average.While the average salary of $137,240 is substantial, it falls significantly short of the national average of $184,480, indicating less lucrative earning potential locally.
Is Texarkana, TX-AR a good place to live for Financial Managers?
The Cost of Living Index in Texarkana, TX-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Texarkana, TX-AR?
Some top paying nearby cities include Shreveport-Bossier City, LA ($126,340) and Longview, TX.
How does the Texarkana Financial Manager salary compare to the national average?
The average annual salary for Financial Managers in Texarkana, TX-AR is $137,240, which is considerably lower than the national average of $184,480.
What is the Cost of Living in Texarkana, TX-AR for Financial Managers?
The Cost of Living Index in Texarkana, TX-AR is 100, which is exactly the national average, meaning your salary's purchasing power is on par with the rest of the country.
How concentrated is the Financial Manager job market in Texarkana, TX-AR?
The job market for Financial Managers in Texarkana is less concentrated than the national average, with a Location Quotient of 0.65, suggesting fewer specialized roles relative to the national landscape.
What is the total number of Financial Managers in Texarkana, TX-AR?
There are approximately 200 Financial Managers employed within the Texarkana, TX-AR metropolitan area.
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 Texarkana, TX-AR area with a job density of 3.45 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 Texarkana, TX-AR