Average Financial Managers Salary in Watertown-Fort Drum, NY
The average salary for Financial Managerss in Watertown-Fort Drum, NY is $150,760. While this is lower than the national average, the cost of living in Watertown-Fort Drum, NY may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $150,760 per year.
- Growth Trend: Salaries have shifted 27.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $226,140.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Watertown-Fort Drum, NY economy.
Salary Overview
The average Financial Managers in Watertown-Fort Drum, NY earns-18.3%below the national average.
$72.5
$2,899
$12,563
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Watertown-Fort Drum, NY have experienced a rapid surge, growing by 27.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Watertown-Fort Drum, NY
The earning potential for Financial Managerss in Watertown-Fort Drum, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $82,100, while highly experienced professionals can command wages upwards of $226,140.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $82,100 | $39.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $113,070 | $54.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $135,620 | $65.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $188,450 | $90.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $226,140 | $108.7 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$150,760
Gross Pay
Real Wage (Purchasing Power)
$150,760
Adjusted for COL (100)
In Watertown-Fort Drum, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $150,760 to $150,760.
Job Market Context
80
Total Jobs
2.118
Per 1K Jobs
0.4
Location Quotient
At 0.40x, Watertown-Fort Drum, NY has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
80 people work as Financial Managers in Watertown-Fort Drum, NY.
Moderate density — roughly 2.118 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Syracuse, NY Financial Managers Salary | $166,630↑ 11% | 66 mi |
| Utica-Rome, NY Financial Managers Salary | $162,270↑ 8% | 70 mi |
Comparing salaries near Watertown-Fort Drum, NY
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Watertown-Fort Drum, NY?
The median annual salary for a Financial Managers in Watertown-Fort Drum, NY is $150,760. This typically ranges from $82,100 for entry-level positions to $226,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Watertown-Fort Drum, NY is 18.3% lower than the national median of $184,480.
Is Watertown-Fort Drum, NY a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Watertown-Fort Drum, NY is $150,760 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Watertown-Fort Drum, NY. See distinct detailed breakdown below.
Is Watertown-Fort Drum, NY a good place to live for Financial Managers?
The Cost of Living Index in Watertown-Fort Drum, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Watertown-Fort Drum, NY?
Some top paying nearby cities include Syracuse, NY ($166,630) and Utica-Rome, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Watertown-Fort Drum, NY area with a job density of 2.118 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 Watertown-Fort Drum, NY