Average Financial Specialists, All Other Salary in Los Angeles-Long Beach-Anaheim, CA
Financial Specialists, All Other in the Los Angeles-Long Beach-Anaheim, CA area earn an impressive average annual salary of $100,240. This figure notably surpasses the national average of $94,320, indicating a premium for these roles within this dynamic metropolitan region. The higher compensation is likely driven by the concentration of financial services, corporate headquarters, and the overall economic activity characteristic of Southern California.
Executive Summary
- Average Salary: $100,240 per year.
- Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,330.
- Outlook: The job market for Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA, appears stable with a local workforce of 4,870 individuals. A Location Quotient of 0.95 suggests that the concentration of these specialists is nearly on par with the national average, implying a consistent demand that aligns with broader industry trends. The presence of nearly 5,000 professionals in this field underscores its significance within the local economy.
Salary Overview
The average Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA earns+6.3%above the national average.
$48.2
$1,928
$8,353
Financial Specialists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for specialized financial expertise typically contribute to upward salary adjustments in robust metropolitan areas like Los Angeles.
Financial Specialists, All Other Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA, significantly impacts earning potential. Entry-level positions typically start at lower percentiles of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial opportunities for salary growth as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,090 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,180 | $36.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,820 | $38.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,300 | $60.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $172,330 | $82.9 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$100,240
Gross Pay
Real Wage (Purchasing Power)
$100,240
Adjusted for COL (100)
The nominal average annual salary of $100,240 for Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that while the gross income is higher than the national average, the purchasing power of that salary locally is equivalent to the national standard, offering no significant advantage or disadvantage in terms of cost of living.
Job Market Context
4,870
Total Jobs
0.785
Per 1K Jobs
0.95
Location Quotient
Los Angeles-Long Beach-Anaheim, CA has 0.95x 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 0.95, the Los Angeles-Long Beach-Anaheim, CA market for Financial Specialists, All Other is very close to the national average in terms of concentration. This indicates a competitive yet accessible job market; the demand for these professionals is robust and aligns with national patterns, suggesting ample opportunities without being overly saturated compared to the rest of the country.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Financial Specialists, All Other Salary | $78,680↓ 22% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Financial Specialists, All Other Salary | $97,510↓ 3% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA is $100,240. This typically ranges from $51,090 for entry-level positions to $172,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 6.3% higher than the national median of $94,320.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Financial Specialists, All Others?
Yes, it is a lucrative place for Financial Specialists, All Others.The average salary of $100,240 significantly exceeds the national average, and while the cost of living is at the national average, the higher nominal wage provides a strong earning potential.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($78,680) and Oxnard-Thousand Oaks-Ventura, CA.
How does the salary compare to the national average?
Financial Specialists, All Other in Los Angeles-Long Beach-Anaheim, CA earn an average of $100,240 annually, which is $5,920 more than the national average of $94,320.
What is the concentration of Financial Specialists, All Other in this area?
The Location Quotient is 0.95, meaning the concentration of these specialists in Los Angeles-Long Beach-Anaheim, CA is very close to the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. Therefore, the higher nominal salary in Los Angeles does not translate to greater purchasing power compared to the national average.
What is the total number of Financial Specialists, All Other in the area?
There are approximately 4,870 Financial Specialists, All Other employed in the Los Angeles-Long Beach-Anaheim, CA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,870 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 0.785 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 Los Angeles-Long Beach-Anaheim, CA