Average Financial Managers Salary in Wausau, WI
Financial Managers in Wausau, WI, earn an average annual salary of $146,850. This figure is notably below the national average of $184,480, reflecting regional economic factors and the specific demand within the Wausau metropolitan area. Local market dynamics, industry concentration, and the overall economic landscape of Wisconsin play a significant role in shaping compensation for these critical finance professionals.
Executive Summary
- Average Salary: $146,850 per year.
- Growth Trend: Salaries have shifted 10.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $212,540.
- Outlook: The Wausau market for Financial Managers, while not as concentrated as the national average with a Location Quotient of 0.79, still supports a dedicated workforce of 300 professionals. The presence of 4.216 Financial Managers per 1,000 workers indicates a stable, albeit not exceptionally high, demand for these roles within the local economy. This suggests a consistent need for financial expertise, providing a solid foundation for career stability.
Salary Overview
The average Financial Managers in Wausau, WI earns-20.4%below the national average.
$70.6
$2,824
$12,238
Financial Managers Salary Trends (2020-2024)
While specific historical data for Wausau's Financial Manager salaries over the past four years is not provided, it is generally assumed that compensation for such roles has seen incremental growth, mirroring broader economic trends and inflation. The increasing complexity of financial regulations and the ongoing need for strategic financial planning likely contribute to a steady upward pressure on salaries, even in localized markets.
Financial Managers Salary Distribution in Wausau, WI
Salary progression for Financial Managers in Wausau, as elsewhere, is strongly tied to experience and demonstrated expertise. Entry-level positions typically command lower salaries, while senior roles, requiring extensive experience in strategic financial planning, risk management, and team leadership, can significantly exceed the average. The percentile distribution of salaries within Wausau would illustrate these earning potentials, with higher percentiles representing seasoned professionals who have climbed the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,190 | $37.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,138 | $53 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $134,660 | $64.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $183,563 | $88.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $212,540 | $102.2 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$146,850
Gross Pay
Real Wage (Purchasing Power)
$146,850
Adjusted for COL (100)
The average annual salary of $146,850 in Wausau, WI, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Financial Manager's salary in Wausau is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the real value of the income is maintained, offering a stable financial standing relative to national benchmarks.
Job Market Context
300
Total Jobs
4.216
Per 1K Jobs
0.79
Location Quotient
Wausau, WI has 0.79x 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.
With a Location Quotient of 0.79, Wausau, WI, has a slightly lower concentration of Financial Managers compared to the national average. This suggests that the job market is less saturated than in major metropolitan hubs, potentially offering a more accessible entry point for qualified professionals. However, it also implies that the demand might be more specialized, and opportunities may arise from specific industry needs rather than broad market expansion.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| South Central Wisconsin nonmetropolitan area Financial Managers Salary | $135,780↓ 8% | 48 mi |
| Northeastern Wisconsin nonmetropolitan area Financial Managers Salary | $131,560↓ 10% | 48 mi |
| Western Wisconsin nonmetropolitan area Financial Managers Salary | $138,080↓ 6% | 48 mi |
| Northwestern Wisconsin nonmetropolitan area Financial Managers Salary | $123,450↓ 16% | 48 mi |
| Appleton, WI Financial Managers Salary | $145,550↓ 1% | 78 mi |
Comparing salaries near Wausau, WI
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Wausau, WI?
The median annual salary for a Financial Managers in Wausau, WI is $146,850. This typically ranges from $78,190 for entry-level positions to $212,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wausau, WI is 20.4% lower than the national median of $184,480.
Is Wausau, WI a lucrative place for Financial Managers?
No, not exceptionally lucrative compared to national averages.While the average salary of $146,850 is substantial, it falls below the national average of $184,480. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Wausau, WI a good place to live for Financial Managers?
The Cost of Living Index in Wausau, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wausau, WI?
Some top paying nearby cities include South Central Wisconsin nonmetropolitan area ($135,780) and Northeastern Wisconsin nonmetropolitan area.
How does Wausau's Financial Manager salary compare to the national average?
The average salary for Financial Managers in Wausau, WI, is $146,850, which is lower than the national average of $184,480.
What is the cost of living in Wausau, WI for Financial Managers?
The cost of living in Wausau, WI, is exactly at the national average, with an index of 100, meaning your salary has equivalent purchasing power to the national average.
How concentrated is the Financial Manager job market in Wausau?
The Financial Manager job market in Wausau has a Location Quotient of 0.79, indicating it is slightly less concentrated than the national average.
How many Financial Managers are there in Wausau?
There are approximately 300 Financial Managers in Wausau, WI, representing 4.216 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Wausau, WI area with a job density of 4.216 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 Wausau, WI
- All Occupations Salary in Wausau, WI
- Production Occupations Salary in Wausau, WI
- Office and Administrative Support Occupations Salary in Wausau, WI
- Transportation and Material Moving Occupations Salary in Wausau, WI
- Sales and Related Occupations Salary in Wausau, WI
- Food Preparation and Serving Related Occupations Salary in Wausau, WI
- Healthcare Practitioners and Technical Occupations Salary in Wausau, WI
- Business and Financial Operations Occupations Salary in Wausau, WI
- Installation, Maintenance, and Repair Occupations Salary in Wausau, WI
- Management Occupations Salary in Wausau, WI
- Browse All Jobs in Wausau, WI →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Wausau, WI