Average Financial Specialists, All Other Salary in Florida
Financial Specialists, All Other in Florida earn an average annual salary of $73,310, which is notably below the national average of $94,320. This disparity can be attributed to a combination of factors including the state's specific economic drivers, industry concentration, and the overall demand for specialized financial expertise within Florida's unique market landscape.
Executive Summary
- Average Salary: $73,310 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,030.
- Outlook: With a local workforce of 7,030 Financial Specialists, All Other, Florida presents a substantial, though not overwhelmingly concentrated, segment of this profession. The location quotient of 0.87 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a stable but not rapidly expanding demand within the state.
Salary Overview
The average Financial Specialists, All Other in Florida earns-22.3%below the national average.
$35.3
$1,410
$6,109
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial Specialists, All Other in Florida have experienced growth over the past four years, mirroring general economic trends and the increasing complexity of financial markets. This upward trajectory is often driven by inflation, evolving industry demands, and the continuous need for skilled financial professionals.
Financial Specialists, All Other Salary Distribution in Florida
Career progression for Financial Specialists, All Other in Florida typically leads to significant salary increases. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average, with higher percentiles reflecting advanced expertise and leadership roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,510 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,983 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,060 | $30.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,638 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,030 | $54.3 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$73,310
Gross Pay
Real Wage (Purchasing Power)
$71,662
Adjusted for COL (102.3)
The average annual salary of $73,310 in Florida needs to be considered alongside its Cost of Living Index of 102.3. This index indicates that living expenses in Florida are slightly higher than the national average (100). Therefore, the nominal salary offers a purchasing power that is marginally reduced due to these elevated living costs, suggesting a need for careful financial planning for those relocating.
Job Market Context
7,030
Total Jobs
0.716
Per 1K Jobs
0.87
Location Quotient
Florida has 0.87x 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 0.87 for Financial Specialists, All Other in Florida signifies that the profession is present in the state at a level slightly below the national average concentration. This suggests a moderately competitive market where opportunities exist, but the sheer volume of specialists per capita is not as high as in more concentrated national hubs, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Lakeland-Winter Haven, FL Financial Specialists, All Other Salary | $65,470↓ 11% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Financial Specialists, All Other Salary | $76,320↑ 4% | 49 mi |
| Orlando-Kissimmee-Sanford, FL Financial Specialists, All Other Salary | $70,060↓ 4% | 57 mi |
| North Port-Bradenton-Sarasota, FL Financial Specialists, All Other Salary | $77,470↑ 6% | 58 mi |
Comparing salaries near Florida
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Florida?
The median annual salary for a Financial Specialists, All Other in Florida is $73,310. This typically ranges from $44,510 for entry-level positions to $113,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 22.3% lower than the national median of $94,320.
Is Florida a lucrative place for Financial Specialists, All Others?
No, not exceptionally lucrative compared to the national average.The average salary of $73,310 is significantly lower than the national average of $94,320. Furthermore, the cost of living is slightly above the national average, diminishing the real value of this salary.
Is Florida a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Lakeland-Winter Haven, FL ($65,470) and Tampa-St. Petersburg-Clearwater, FL.
How does Florida's job market compare nationally for Financial Specialists?
Florida's job market for Financial Specialists, All Other is slightly less concentrated than the national average, with a location quotient of 0.87. This indicates a stable presence but not a dominant hub for this profession.
What is the average salary for a Financial Specialist in Florida?
The average annual salary for a Financial Specialist, All Other in Florida is $73,310.
How does the cost of living in Florida affect a Financial Specialist's salary?
With a Cost of Living Index of 102.3, Florida is slightly more expensive than the national average. This means the $73,310 salary has a bit less purchasing power than it would in a location with a lower cost of living.
Are there many Financial Specialists in Florida?
Florida employs 7,030 Financial Specialists, All Other, representing 0.716 jobs per 1,000 workers, which is close to the national average but indicates a substantial workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,030 employees in the Florida area with a job density of 0.716 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 Florida