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Average Financial Specialists, All Other Salary in Kansas nonmetropolitan area

In Kansas's nonmetropolitan areas, Financial Specialists, All Other earn an average annual salary of $45,900. This figure significantly trails the national average of $94,320, reflecting the economic landscape and potentially lower demand for specialized financial roles outside major urban centers. The compensation is largely dictated by the regional economic drivers and the cost of doing business within these specific locales.

Executive Summary

  • Average Salary: $45,900 per year.
  • Growth Trend: Salaries have shifted 4.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,520.
  • Outlook: The job market for Financial Specialists, All Other in Kansas's nonmetropolitan areas appears stable, with a total local workforce of 280 individuals. A Location Quotient of 0.9 suggests that the concentration of these specialists is slightly below the national average, indicating a moderate but not exceptionally high demand relative to other occupations in the region. The presence of 0.741 jobs per 1,000 workers points to a consistent, albeit not rapidly expanding, need for these professionals.
2024 Market Data

Salary Overview

$45,900

The average Financial Specialists, All Other in Kansas nonmetropolitan area earns-51.3%below the national average.

BreakdownBased on 40h/week
Hourly

$22.1

Weekly

$883

Monthly

$3,825

Financial Specialists, All Other Salary Distribution in Kansas nonmetropolitan area

Career progression for Financial Specialists, All Other typically involves a noticeable salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized skills can command significantly higher salaries, potentially reaching into the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,380$16
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,425$16.6
ManagerOversees team, compliance, and project delivery.50% (Median)$43,560$20.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,375$27.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,520$29.1

Detailed Financial Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$45,900

Gross Pay

Real Wage (Purchasing Power)

$45,900

Adjusted for COL (100)

The nominal average annual salary of $45,900 in Kansas's nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is considerably lower than the national average for this profession, the purchasing power of that salary locally is equivalent to the national average. Therefore, the lower salary is effectively offset by the comparable cost of living, suggesting that the standard of living may not be as drastically impacted as the raw salary figures might initially imply.

Job Market Context

280

Total Jobs

0.741

Per 1K Jobs

0.9

Location Quotient

Below Average

Kansas nonmetropolitan area has 0.90x 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 0.9, the market for Financial Specialists, All Other in Kansas's nonmetropolitan areas is slightly less concentrated than the national average. This indicates that while the profession is present and necessary, it is not a dominant sector compared to other industries or occupations within these regions. The job market is neither oversaturated nor exceptionally scarce, suggesting a balanced environment for professionals seeking employment in this field.

Nearby Job Markets

Nearby Cities for Financial Specialists, All Other

Comparing salaries near Kansas nonmetropolitan area

Hiring Financial Specialists, All Others?

Frequently Asked Questions

How much does a Financial Specialists, All Other make in Kansas nonmetropolitan area?

The median annual salary for a Financial Specialists, All Other in Kansas nonmetropolitan area is $45,900. This typically ranges from $33,380 for entry-level positions to $60,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kansas nonmetropolitan area is 51.3% lower than the national median of $94,320.

Is Kansas nonmetropolitan area a lucrative place for Financial Specialists, All Others?

No, it is not considered a lucrative place compared to national averages.The average salary of $45,900 is substantially lower than the national average of $94,320. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

Is Kansas nonmetropolitan area a good place to live for Financial Specialists, All Others?

The Cost of Living Index in Kansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kansas nonmetropolitan area?

Some top paying nearby cities include Manhattan, KS ($66,530) and Topeka, KS.

How does the total workforce size affect job opportunities?

A local workforce of 280 suggests a smaller, more niche market for Financial Specialists, All Other, potentially leading to fewer openings but also less competition for those roles.

What does a Location Quotient of 0.9 signify?

A Location Quotient of 0.9 indicates that the concentration of Financial Specialists, All Other in Kansas nonmetropolitan areas is slightly below the national average, suggesting a stable but not booming demand for these roles.

How does the cost of living impact the perceived salary?

With a Cost of Living Index of 100, the $45,900 salary has the same purchasing power as the national average, meaning the lower nominal wage is balanced by lower local expenses.

What are the career progression prospects for this role in this region?

While specific data isn't available, general trends suggest that experience significantly increases earning potential, with senior roles commanding higher salaries than entry-level positions, indicating a standard career ladder.

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 Kansas nonmetropolitan area area with a job density of 0.741 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.