Average Financial Managers Salary in Visalia, CA
Financial Managers in Visalia, CA, earn an average annual salary of $149,530. This figure is notably below the national average of $184,480, suggesting that local market dynamics and potentially industry-specific demands in Visalia influence compensation levels. Factors such as the size of local businesses and the overall economic landscape of the region play a significant role in shaping these salary outcomes.
Executive Summary
- Average Salary: $149,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $232,940.
- Outlook: Visalia's financial management sector, while not as concentrated as the national average with a Location Quotient of 0.44, supports a local workforce of 400 professionals. The presence of 2.347 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for financial expertise within the area. This suggests a stable job market for Financial Managers, characterized by consistent opportunities rather than rapid expansion.
Salary Overview
The average Financial Managers in Visalia, CA earns-18.9%below the national average.
$71.9
$2,876
$12,461
Financial Managers Salary Trends (2020-2024)
While specific historical data for Visalia's Financial Manager salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and increasing demand for sophisticated financial planning and analysis typically drive salary increases for experienced professionals in this field. Therefore, it's probable that Financial Managers in Visalia have seen their compensation grow over the last four years, aligning with broader economic recovery and industry evolution.
Financial Managers Salary Distribution in Visalia, CA
The salary range for Financial Managers in Visalia, CA, likely shows significant variation based on experience and responsibility. Entry-level positions would command lower salaries, while senior roles, such as Chief Financial Officers or Directors of Finance, would be at the higher end of the spectrum. The percentile gaps between these levels signify clear career progression pathways, rewarding increased expertise, strategic oversight, and proven leadership within the financial domain.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,690 | $37.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $112,148 | $53.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $131,560 | $63.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $186,913 | $89.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $232,940 | $112 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$149,530
Gross Pay
Real Wage (Purchasing Power)
$149,530
Adjusted for COL (100)
With an average annual salary of $149,530 and a Cost of Living Index of 100 (exactly matching the national average), Financial Managers in Visalia experience a salary that is directly commensurate with the national cost of living. This means that while the nominal salary is lower than the national average, the purchasing power of that salary in Visalia is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
400
Total Jobs
2.347
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Visalia, CA has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.44 for Financial Managers in Visalia indicates that this profession is less concentrated in the local job market compared to the national average. This suggests that while there is a demand for these roles, the market is not saturated, and opportunities may be more specialized or tied to specific industries prevalent in the Visalia area. It implies a moderate level of competition, with employers potentially seeking candidates with specific regional experience or skills.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Hanford-Corcoran, CA Financial Managers Salary | $141,420↓ 5% | 18 mi |
| North Coast Region of California nonmetropolitan area Financial Managers Salary | $146,510↓ 2% | 25 mi |
| North Valley-Northern Mountains Region of California nonmetropolitan area Financial Managers Salary | $143,320↓ 4% | 25 mi |
| Eastern Sierra-Mother Lode Region of California nonmetropolitan area Financial Managers Salary | $132,570↓ 11% | 25 mi |
| Fresno, CA Financial Managers Salary | $158,180↑ 6% | 41 mi |
Comparing salaries near Visalia, CA
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Frequently Asked Questions
How much does a Financial Managers make in Visalia, CA?
The median annual salary for a Financial Managers in Visalia, CA is $149,530. This typically ranges from $77,690 for entry-level positions to $232,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Visalia, CA is 18.9% lower than the national median of $184,480.
Is Visalia, CA a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to the national average.While Financial Managers in Visalia earn a solid $149,530, this is below the national average of $184,480. However, the local Cost of Living is at the national average, meaning the salary's purchasing power is equivalent nationally.
Is Visalia, CA a good place to live for Financial Managers?
The Cost of Living Index in Visalia, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Visalia, CA?
Some top paying nearby cities include Hanford-Corcoran, CA ($141,420) and North Coast Region of California nonmetropolitan area.
What is the average salary for a Financial Manager in Visalia, CA?
The average annual salary for a Financial Manager in Visalia, CA is $149,530.
How does Visalia's Cost of Living compare to the national average?
Visalia's Cost of Living Index is 100, which is exactly the same as the national average.
Is the job market for Financial Managers strong in Visalia?
The job market is stable with 400 professionals and 2.347 jobs per 1,000 workers, but the Location Quotient of 0.44 suggests it's less concentrated than the national average.
How does experience affect a Financial Manager's salary in Visalia?
Experience significantly impacts salary, with entry-level roles earning less and senior positions commanding higher compensation, reflecting career progression and increased responsibility.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Visalia, CA area with a job density of 2.347 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 Visalia, CA