Average Financial Specialists, All Other Salary in Kansas City, MO-KS
Financial Specialists, All Other in Kansas City, MO-KS earn an average annual salary of $76,710. This figure is notably below the national average of $94,320, suggesting that local market dynamics and potentially a different industry focus in the region influence compensation for this role. While the nominal salary is lower, the cost of living in Kansas City aligns perfectly with the national average, which is a crucial factor in understanding the actual purchasing power.
Executive Summary
- Average Salary: $76,710 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,520.
- Outlook: The local workforce for Financial Specialists, All Other in Kansas City, MO-KS comprises 1,090 individuals, indicating a substantial presence. With a Location Quotient of 1.21, this role is more concentrated in Kansas City than the national average, suggesting a healthy demand and a potentially robust job market for these professionals within the region.
Salary Overview
The average Financial Specialists, All Other in Kansas City, MO-KS earns-18.7%below the national average.
$36.9
$1,475
$6,393
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Financial Specialists, All Other in Kansas City have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for specialized financial expertise typically drive upward salary adjustments in most metropolitan areas.
Financial Specialists, All Other Salary Distribution in Kansas City, MO-KS
Salary progression for Financial Specialists, All Other typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn considerably more. The percentile gaps in salary distribution reflect this career trajectory, with senior roles occupying the higher salary brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,610 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,533 | $27.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,670 | $35.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,888 | $46.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,520 | $55.5 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$76,710
Gross Pay
Real Wage (Purchasing Power)
$76,710
Adjusted for COL (100)
The average annual salary of $76,710 in Kansas City, MO-KS is directly comparable to the national average cost of living, which is indexed at 100. This means that the purchasing power of a Financial Specialist's salary in Kansas City is effectively on par with the national average, making it neither significantly more nor less affordable in terms of day-to-day expenses.
Job Market Context
1,090
Total Jobs
0.998
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Kansas City, MO-KS has a slightly higher-than-average concentration of Financial Specialists, All Other roles compared to the national norm.
A Location Quotient of 1.21 signifies that Financial Specialists, All Other are 21% more concentrated in Kansas City, MO-KS than the national average. This suggests a higher relative demand or a more established industry presence for this profession within the metropolitan area compared to other regions across the country, potentially offering more specialized opportunities.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Lawrence, KS Financial Specialists, All Other Salary | $55,630↓ 27% | 38 mi |
| Topeka, KS Financial Specialists, All Other Salary | $58,890↓ 23% | 60 mi |
Comparing salaries near Kansas City, MO-KS
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Kansas City, MO-KS?
The median annual salary for a Financial Specialists, All Other in Kansas City, MO-KS is $76,710. This typically ranges from $45,610 for entry-level positions to $115,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kansas City, MO-KS is 18.7% lower than the national median of $94,320.
Is Kansas City, MO-KS a lucrative place for Financial Specialists, All Others?
No, not compared to the national average.While the cost of living is average, the nominal salary of $76,710 is significantly lower than the national average of $94,320 for Financial Specialists, All Other.
Is Kansas City, MO-KS a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Kansas City, MO-KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kansas City, MO-KS?
Some top paying nearby cities include Lawrence, KS ($55,630) and Topeka, KS.
How does the number of Financial Specialists in Kansas City compare nationally?
With 0.998 jobs per 1,000 workers, the density of Financial Specialists in Kansas City is slightly below the national average, indicating a balanced but not oversaturated market.
What does a Location Quotient of 1.21 mean for job seekers?
A Location Quotient above 1.0, like 1.21, suggests that Kansas City has a higher concentration of Financial Specialists than the national average, potentially indicating stronger local demand or a specialized industry cluster.
How does the cost of living impact the salary of a Financial Specialist in Kansas City?
With a Cost of Living Index of 100, the $76,710 salary in Kansas City offers purchasing power equivalent to the national average, meaning expenses are neither exceptionally high nor low.
What is the overall job market outlook for Financial Specialists in Kansas City?
The market appears stable with a good concentration of professionals (LQ 1.21) and a workforce size of 1,090, suggesting ongoing opportunities for skilled Financial Specialists.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,090 employees in the Kansas City, MO-KS area with a job density of 0.998 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 Kansas City, MO-KS