Average Financial Specialists, All Other Salary in Fresno, CA
In Fresno, CA, Financial Specialists, All Other earn an average annual salary of $87,910. This figure is slightly below the national average of $94,320, reflecting regional economic factors and the specific demand for these specialized financial roles within the Central Valley. The local market dynamics, including industry concentration and the cost of doing business, play a significant role in shaping compensation levels for these professionals.
Executive Summary
- Average Salary: $87,910 per year.
- Growth Trend: Salaries have shifted 26.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,480.
- Outlook: The job market for Financial Specialists, All Other in Fresno, CA, shows a moderate level of concentration, indicated by a Location Quotient of 0.72. While the total local workforce of 280 suggests a niche presence, the number of jobs per 1,000 workers at 0.594 points to a steady, albeit not overwhelmingly high, demand. This suggests a stable environment for existing professionals and potential opportunities for those entering the field.
Salary Overview
The average Financial Specialists, All Other in Fresno, CA earns-6.8%below the national average.
$42.3
$1,691
$7,326
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data for this niche role in Fresno is not provided, it is reasonable to assume a general upward trend in salaries for financial specialists over the past four years, mirroring national economic recovery and inflation. Increased complexity in financial regulations and a growing need for expert financial guidance likely contribute to sustained or increased compensation for these professionals.
Financial Specialists, All Other Salary Distribution in Fresno, CA
Salary progression for Financial Specialists, All Other in Fresno, CA, typically correlates with experience and specialization. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and advanced certifications can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,470 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,933 | $31.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,170 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,888 | $52.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,480 | $61.8 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$87,910
Gross Pay
Real Wage (Purchasing Power)
$87,910
Adjusted for COL (100)
The nominal average annual salary of $87,910 in Fresno, CA, 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 Fresno is equivalent to that of someone earning the national average in a location with a cost of living index of 100. Therefore, the salary offers a standard lifestyle relative to national benchmarks.
Job Market Context
280
Total Jobs
0.594
Per 1K Jobs
0.72
Location Quotient
Fresno, CA has 0.72x 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.
With a Location Quotient of 0.72, Fresno, CA, has a slightly lower concentration of Financial Specialists, All Other compared to the national average. This suggests that while the profession is present, it is not as dominant a sector as it might be in other regions. The market is neither oversaturated nor exceptionally scarce, indicating a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Visalia, CA Financial Specialists, All Other Salary | $75,600↓ 14% | 41 mi |
| North Coast Region of California nonmetropolitan area Financial Specialists, All Other Salary | $63,460↓ 28% | 46 mi |
| North Valley-Northern Mountains Region of California nonmetropolitan area Financial Specialists, All Other Salary | $70,530↓ 20% | 46 mi |
Comparing salaries near Fresno, CA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Fresno, CA?
The median annual salary for a Financial Specialists, All Other in Fresno, CA is $87,910. This typically ranges from $45,470 for entry-level positions to $128,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fresno, CA is 6.8% lower than the national median of $94,320.
Is Fresno, CA a lucrative place for Financial Specialists, All Other?
No, not exceptionally lucrative compared to the national average.While the average salary of $87,910 is substantial, it falls below the national average of $94,320. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Fresno, CA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Fresno, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fresno, CA?
Some top paying nearby cities include Visalia, CA ($75,600) and North Coast Region of California nonmetropolitan area.
How does the number of Financial Specialists in Fresno compare nationally?
Fresno has a total local workforce of 280 Financial Specialists, All Other, and a jobs-per-1,000-workers rate of 0.594, which is below the national average concentration indicated by a Location Quotient of 0.72.
What is the cost of living impact on a Financial Specialist's salary in Fresno?
The cost of living in Fresno is exactly at the national average (100). This means the $87,910 salary provides a standard level of purchasing power, equivalent to the national average salary in a national-average cost-of-living area.
Are there many job opportunities for Financial Specialists in Fresno?
The market shows a steady demand with 0.594 jobs per 1,000 workers and a Location Quotient of 0.72, suggesting a stable but not hyper-competitive job market for these specialists.
Can a Financial Specialist expect salary growth in Fresno?
While specific trends aren't detailed, general economic factors and the increasing complexity of financial roles suggest that experienced professionals can anticipate salary growth and advancement opportunities within Fresno's market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Fresno, CA area with a job density of 0.594 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 Fresno, CA