Average Financial Specialists, All Other Salary in Lake Charles, LA
The average salary for Financial Specialists, All Others in Lake Charles, LA is $63,700. While this is lower than the national average, the cost of living in Lake Charles, LA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $63,700 per year.
- Growth Trend: Salaries have shifted 22.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,750.
- Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Lake Charles, LA economy.
Salary Overview
The average Financial Specialists, All Other in Lake Charles, LA earns-32.5%below the national average.
$30.6
$1,225
$5,308
Financial Specialists, All Other Salary Trends (2020-2024)
Over the past 3 years, Financial Specialists, All Other salaries in Lake Charles, LA have experienced a rapid surge, growing by 22.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Specialists, All Other Salary Distribution in Lake Charles, LA
The earning potential for Financial Specialists, All Others in Lake Charles, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $29,120, while highly experienced professionals can command wages upwards of $106,750.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,120 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,775 | $23 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,140 | $23.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,625 | $38.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,750 | $51.3 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$63,700
Gross Pay
Real Wage (Purchasing Power)
$63,700
Adjusted for COL (100)
In Lake Charles, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $63,700 to $63,700.
Job Market Context
70
Total Jobs
0.689
Per 1K Jobs
0.83
Location Quotient
Lake Charles, LA has 0.83x 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.
70 people work as Financial Specialists, All Other in Lake Charles, LA.
Only 0.689 out of every 1,000 local jobs are Financial Specialists, All Other roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Beaumont-Port Arthur, TX Financial Specialists, All Other Salary | $90,650↑ 42% | 56 mi |
| Lafayette, LA Financial Specialists, All Other Salary | $55,200↓ 13% | 70 mi |
| Alexandria, LA Financial Specialists, All Other Salary | $60,760↓ 5% | 87 mi |
Comparing salaries near Lake Charles, LA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Lake Charles, LA?
The median annual salary for a Financial Specialists, All Other in Lake Charles, LA is $63,700. This typically ranges from $29,120 for entry-level positions to $106,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lake Charles, LA is 32.5% lower than the national median of $94,320.
Is Lake Charles, LA a good place for Financial Specialists, All Others?
It depends on your priorities. While the average Financial Specialists, All Other salary in Lake Charles, LA is $63,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lake Charles, LA. See distinct detailed breakdown below.
Is Lake Charles, LA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Lake Charles, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lake Charles, LA?
Some top paying nearby cities include Beaumont-Port Arthur, TX ($90,650) and Lafayette, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Lake Charles, LA area with a job density of 0.689 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 Lake Charles, LA