Average Financial Specialists, All Other Salary in Jacksonville, FL
Financial Specialists, All Other in Jacksonville, FL, earn an average annual salary of $73,410. This figure is notably below the national average of $94,320, suggesting that local market dynamics and potentially a different industry focus in Jacksonville influence compensation for these roles. While the national trend may indicate higher earning potential, local economic factors are key drivers of this specific salary landscape.
Executive Summary
- Average Salary: $73,410 per year.
- Growth Trend: Salaries have shifted 24.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,300.
- Outlook: With a local workforce of 940 individuals in this specialized field, Jacksonville presents a moderate concentration of Financial Specialists, All Other. The Location Quotient of 1.51 indicates a presence that is 51% higher than the national average, suggesting a stronger local demand or a more established pool of talent compared to other regions. This concentration, coupled with 1.248 jobs per 1,000 workers, points to a stable, albeit not rapidly expanding, job market for these professionals in the area.
Salary Overview
The average Financial Specialists, All Other in Jacksonville, FL earns-22.2%below the national average.
$35.3
$1,412
$6,118
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data for this niche role in Jacksonville is not provided, it is reasonable to assume that salaries for Financial Specialists, All Other have experienced a gradual upward trend over the past four years, mirroring broader economic recovery and inflation. This growth is typically driven by increasing demand for financial expertise, evolving regulatory landscapes, and the general need for skilled professionals to manage complex financial operations.
Financial Specialists, All Other Salary Distribution in Jacksonville, FL
The salary spectrum for Financial Specialists, All Other in Jacksonville, FL, naturally widens with experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries in the upper percentiles. The significant gaps between these percentile ranges highlight the substantial career progression and earning potential available as one advances through the ranks.
| 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) | $55,058 | $26.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,960 | $30.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,763 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,300 | $53 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$73,410
Gross Pay
Real Wage (Purchasing Power)
$73,410
Adjusted for COL (100)
The average annual salary of $73,410 in Jacksonville, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Financial Specialists, All Other in Jacksonville has the same purchasing power as the national average salary would have across the country. Consequently, the take-home pay in Jacksonville offers a standard of living equivalent to the national benchmark.
Job Market Context
940
Total Jobs
1.248
Per 1K Jobs
1.51
Location Quotient
Jacksonville, FL has 1.5x the national concentration of Financial Specialists, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Jacksonville's Location Quotient of 1.51 for Financial Specialists, All Other signifies a notable concentration of these professionals relative to the national average. This suggests that the city may have a robust financial sector or specific industries that heavily rely on this expertise, making the market more competitive for new entrants but potentially offering more opportunities for those already established within the local ecosystem.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Brunswick-St. Simons, GA Financial Specialists, All Other Salary | $55,240↓ 25% | 57 mi |
| Gainesville, FL Financial Specialists, All Other Salary | $68,890↓ 6% | 60 mi |
| Ocala, FL Financial Specialists, All Other Salary | $64,100↓ 13% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Jacksonville, FL?
The median annual salary for a Financial Specialists, All Other in Jacksonville, FL is $73,410. This typically ranges from $44,510 for entry-level positions to $110,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 22.2% lower than the national median of $94,320.
Is Jacksonville, FL a lucrative place for Financial Specialists, All Other?
No, not compared to the national average.While the average salary of $73,410 is substantial, it falls significantly short of 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 Jacksonville, FL a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Brunswick-St. Simons, GA ($55,240) and Gainesville, FL.
How does Jacksonville's salary for Financial Specialists compare to the national average?
The average annual salary for Financial Specialists, All Other in Jacksonville, FL is $73,410, which is considerably lower than the national average of $94,320.
What is the concentration of Financial Specialists, All Other in Jacksonville?
Jacksonville has a higher concentration of Financial Specialists, All Other than the national average, indicated by a Location Quotient of 1.51.
Does the cost of living in Jacksonville affect the perceived value of the salary?
No, the cost of living in Jacksonville is exactly at the national average (100), meaning the $73,410 salary has the same purchasing power as the national average salary would elsewhere.
What does the Location Quotient of 1.51 imply for job seekers?
A Location Quotient of 1.51 suggests a stronger local market presence for this role, potentially indicating more specialized opportunities but also increased competition among professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 940 employees in the Jacksonville, FL area with a job density of 1.248 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 Jacksonville, FL