Average Financial Specialists, All Other Salary in Monroe, LA
The average salary for Financial Specialists, All Others in Monroe, LA is $50,950. While this is lower than the national average, the cost of living in Monroe, LA may offset the difference, preserving real purchasing power. Notably, Monroe, LA is a key hub for this profession, with a job concentration 2.21x higher than average.
Executive Summary
- Average Salary: $50,950 per year.
- Growth Trend: Salaries have shifted 7.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,530.
- Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Monroe, LA economy.
Salary Overview
The average Financial Specialists, All Other in Monroe, LA earns-46.0%below the national average.
$24.5
$980
$4,246
Financial Specialists, All Other Salary Trends (2020-2024)
Over the past 3 years, Financial Specialists, All Other salaries in Monroe, LA have seen a slight adjustment of -7.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Specialists, All Other Salary Distribution in Monroe, LA
The earning potential for Financial Specialists, All Others in Monroe, LA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $33,250, while highly experienced professionals can command wages upwards of $72,530.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,250 | $16 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,213 | $18.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,850 | $22.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,688 | $30.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $72,530 | $34.9 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$50,950
Gross Pay
Real Wage (Purchasing Power)
$50,950
Adjusted for COL (100)
In Monroe, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $50,950 to $50,950.
Job Market Context
160
Total Jobs
1.829
Per 1K Jobs
2.21
Location Quotient
Monroe, LA has 2.2x 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.
160 people work as Financial Specialists, All Other in Monroe, LA.
1.829 out of every 1,000 local jobs are Financial Specialists, All Other positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Financial Specialists, All Other Salary | $60,760↑ 19% | 88 mi |
| Southwest Louisiana nonmetropolitan area Financial Specialists, All Other Salary | $49,110↓ 4% | 94 mi |
| Central Louisiana nonmetropolitan area Financial Specialists, All Other Salary | $53,060↑ 4% | 94 mi |
| Northeast Louisiana nonmetropolitan area Financial Specialists, All Other Salary | $50,620↓ 1% | 94 mi |
Comparing salaries near Monroe, LA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Monroe, LA?
The median annual salary for a Financial Specialists, All Other in Monroe, LA is $50,950. This typically ranges from $33,250 for entry-level positions to $72,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 46.0% lower than the national median of $94,320.
Is Monroe, LA a good place for Financial Specialists, All Others?
Yes, Monroe, LA is highly recommended due to strong job demand. While salaries are competitive ($50,950), the area is particularly notable for its high job density for Financial Specialists, All Others. See distinct detailed breakdown below.
Is Monroe, LA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($60,760) and Southwest Louisiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Monroe, LA area with a job density of 1.829 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 Monroe, LA