Average Financial Specialists, All Other Salary in Charleston-North Charleston, SC
In Charleston-North Charleston, SC, Financial Specialists, All Other earn an average annual salary of $88,170. This figure is slightly below the national average of $94,320, indicating a localized compensation structure influenced by regional economic factors and industry demand within the Charleston metropolitan area.
Executive Summary
- Average Salary: $88,170 per year.
- Growth Trend: Salaries have shifted 0.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,650.
- Outlook: The local job market for Financial Specialists, All Other in Charleston-North Charleston, SC, comprises a workforce of 270 individuals. With a Location Quotient of 0.84, the concentration of these roles is marginally below the national average, suggesting a stable but not exceptionally concentrated demand for these professionals within the region.
Salary Overview
The average Financial Specialists, All Other in Charleston-North Charleston, SC earns-6.5%below the national average.
$42.4
$1,696
$7,348
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data for this niche role in Charleston-North Charleston is not provided, it is generally assumed that salaries for Financial Specialists, All Other have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for specialized financial expertise across various industries.
Financial Specialists, All Other Salary Distribution in Charleston-North Charleston, SC
Salary progression for Financial Specialists, All Other typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries well into the upper percentiles, reflecting a clear career growth trajectory and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,440 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,128 | $31.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $89,460 | $43 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,213 | $53 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,650 | $59.9 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$88,170
Gross Pay
Real Wage (Purchasing Power)
$88,170
Adjusted for COL (100)
The average annual salary of $88,170 in Charleston-North Charleston, SC, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Specialist's salary in this area is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
270
Total Jobs
0.691
Per 1K Jobs
0.84
Location Quotient
Charleston-North Charleston, SC has 0.84x the national average concentration of Financial Specialists, All Other 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 0.84 for Financial Specialists, All Other in Charleston-North Charleston, SC, indicates that the presence of these roles is slightly less concentrated than the national average. This suggests a moderately competitive market where opportunities exist, but the field is not oversaturated, offering a reasonable balance for job seekers.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Financial Specialists, All Other Salary | $70,950↓ 20% | 63 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Financial Specialists, All Other Salary | $73,730↓ 16% | 88 mi |
| Savannah, GA Financial Specialists, All Other Salary | $68,910↓ 22% | 89 mi |
Comparing salaries near Charleston-North Charleston, SC
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Charleston-North Charleston, SC?
The median annual salary for a Financial Specialists, All Other in Charleston-North Charleston, SC is $88,170. This typically ranges from $48,440 for entry-level positions to $124,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 6.5% lower than the national median of $94,320.
Is Charleston-North Charleston, SC a lucrative place for Financial Specialists, All Others?
Moderately so, with salary matching the national cost of living.The average salary of $88,170 is slightly below the national average, but with a Cost of Living Index of 100, your earnings will have equivalent purchasing power to the national average.
Is Charleston-North Charleston, SC a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($70,950) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the Charleston-North Charleston salary compare to the national average?
The average salary for Financial Specialists, All Other in Charleston-North Charleston, SC is $88,170, which is approximately 6.5% lower than the national average of $94,320.
What is the significance of the Location Quotient (LQ) of 0.84?
An LQ of 0.84 means that the concentration of Financial Specialists, All Other in Charleston-North Charleston is 16% lower than the national average. This suggests a slightly less specialized market compared to national trends.
How does the Cost of Living affect the salary in Charleston-North Charleston?
With a Cost of Living Index of 100, the same as the national average, the $88,170 salary in Charleston-North Charleston offers purchasing power equivalent to the national average salary.
What is the total local workforce for Financial Specialists, All Other in this area?
The total local workforce for Financial Specialists, All Other in Charleston-North Charleston, SC is approximately 270 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Charleston-North Charleston, SC area with a job density of 0.691 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 Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Charleston-North Charleston, SC