SalaryNode

Average Financial Managers Salary in Wheeling, WV-OH

Financial Managers in Wheeling, WV-OH earn an average annual salary of $116,850, significantly 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 local market.

Executive Summary

  • Average Salary: $116,850 per year.
  • Growth Trend: Salaries have shifted 3.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $185,030.
  • Outlook: The Wheeling, WV-OH market for Financial Managers is moderately sized, with a total local workforce of 250 professionals. The Location Quotient of 0.79 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not exceptionally robust demand within this specific metropolitan area.
2024 Market Data

Salary Overview

$116,850

The average Financial Managers in Wheeling, WV-OH earns-36.7%below the national average.

BreakdownBased on 40h/week
Hourly

$56.2

Weekly

$2,247

Monthly

$9,738

Financial Managers Salary Distribution in Wheeling, WV-OH

Career progression for Financial Managers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise and strategic decision-making capabilities, command substantially higher compensation, with percentile gaps reflecting these advanced responsibilities and proven track records.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,860$28.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$87,638$42.1
ManagerOversees team, compliance, and project delivery.50% (Median)$102,880$49.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$146,063$70.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$185,030$89

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$116,850

Gross Pay

Real Wage (Purchasing Power)

$116,850

Adjusted for COL (100)

The nominal average salary of $116,850 in Wheeling, WV-OH aligns perfectly with the national average cost of living index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is comparable, suggesting that the cost of essential goods and services is not a significant detractor from the overall financial well-being of a Financial Manager in this region.

Job Market Context

250

Total Jobs

4.172

Per 1K Jobs

0.79

Location Quotient

Below Average

Wheeling, WV-OH 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, the Wheeling, WV-OH market for Financial Managers is less concentrated than the national average. This suggests that while opportunities exist, the job market may be less competitive in terms of the sheer number of available candidates compared to major metropolitan hubs, potentially offering a more accessible entry point for qualified professionals.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Weirton-Steubenville, WV-OH Financial Managers Salary$112,280↓ 4%24 mi
Pittsburgh, PA Financial Managers Salary$153,570↑ 31%45 mi
Morgantown, WV Financial Managers Salary$142,910↑ 22%50 mi
Canton-Massillon, OH Financial Managers Salary$134,820↑ 15%62 mi
Youngstown-Warren, OH Financial Managers Salary$121,470↑ 4%71 mi

Comparing salaries near Wheeling, WV-OH

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Wheeling, WV-OH?

The median annual salary for a Financial Managers in Wheeling, WV-OH is $116,850. This typically ranges from $58,860 for entry-level positions to $185,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wheeling, WV-OH is 36.7% lower than the national median of $184,480.

Is Wheeling, WV-OH a lucrative place for Financial Managers?

No, not compared to the national average.The average salary of $116,850 is considerably lower than the national average of $184,480. However, the cost of living is on par with the national average, mitigating some of the impact of the lower nominal salary.

Is Wheeling, WV-OH a good place to live for Financial Managers?

The Cost of Living Index in Wheeling, WV-OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Wheeling, WV-OH?

Some top paying nearby cities include Weirton-Steubenville, WV-OH ($112,280) and Pittsburgh, PA.

What is the average salary for a Financial Manager in Wheeling, WV-OH?

The average annual salary for a Financial Manager in Wheeling, WV-OH is $116,850.

How does the Wheeling, WV-OH salary compare to the national average?

The average salary in Wheeling, WV-OH ($116,850) is significantly lower than the national average ($184,480).

What is the cost of living in Wheeling, WV-OH?

The cost of living in Wheeling, WV-OH is indexed at 100, which is the same as the national average.

How concentrated are Financial Manager roles in Wheeling, WV-OH?

Financial Manager roles are slightly less concentrated in Wheeling, WV-OH compared to the national average, with a Location Quotient of 0.79.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Wheeling, WV-OH area with a job density of 4.172 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Wheeling, WV-OH