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Average Financial Specialists, All Other Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Financial Specialists, All Other in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area command an impressive average annual salary of $100,040. This figure notably surpasses the national average of $94,320, indicating a localized premium for these critical financial roles. The robust economic landscape and demand within this metropolitan region likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $100,040 per year.
  • Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $142,450.
  • Outlook: The Philadelphia-Camden-Wilmington area demonstrates a strong concentration of Financial Specialists, All Other, with a local workforce of 4,100 individuals. The Location Quotient of 1.73 signifies that this profession is significantly more prevalent here than the national average, suggesting a healthy and active job market with sustained demand for these professionals.
2024 Market Data

Salary Overview

$100,040

The average Financial Specialists, All Other in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+6.1%above the national average.

BreakdownBased on 40h/week
Hourly

$48.1

Weekly

$1,924

Monthly

$8,337

Financial Specialists, All Other Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Financial Specialists, All Other typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles highlights the substantial earning potential and career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,390$27.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$75,030$36.1
ManagerOversees team, compliance, and project delivery.50% (Median)$80,190$38.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$125,050$60.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$142,450$68.5

Detailed Financial Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$100,040

Gross Pay

Real Wage (Purchasing Power)

$100,040

Adjusted for COL (100)

The nominal average annual salary of $100,040 in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Specialist's salary in this region is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

4,100

Total Jobs

1.429

Per 1K Jobs

1.73

Location Quotient

Major Hub

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 1.7x 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.

With a Location Quotient of 1.73, the Philadelphia-Camden-Wilmington metropolitan area exhibits a significantly higher concentration of Financial Specialists, All Other compared to the national average. This suggests a robust and specialized market, indicating that employers actively seek out and value this talent pool, potentially leading to competitive compensation and ample career opportunities.

Nearby Job Markets

Nearby Cities for Financial Specialists, All Other

CitySalaryDist.
Trenton-Princeton, NJ Financial Specialists, All Other Salary$90,250↓ 10%28 mi
Vineland, NJ Financial Specialists, All Other Salary$90,560↓ 9%35 mi
Allentown-Bethlehem-Easton, PA-NJ Financial Specialists, All Other Salary$85,790↓ 14%47 mi
Reading, PA Financial Specialists, All Other Salary$84,230↓ 16%48 mi

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Financial Specialists, All Others?

Frequently Asked Questions

How much does a Financial Specialists, All Other make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Financial Specialists, All Other in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $100,040. This typically ranges from $56,390 for entry-level positions to $142,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 6.1% higher than the national median of $94,320.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Financial Specialists, All Others?

Yes, it is a lucrative area for Financial Specialists, All Others.The average salary of $100,040 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing the real value of earnings.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Financial Specialists, All Others?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($90,250) and Vineland, NJ.

How does the local job market compare to the national average for Financial Specialists, All Other?

The local job market in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is more concentrated for Financial Specialists, All Other, as indicated by a Location Quotient of 1.73, meaning the profession is 73% more common than the national average.

What is the average salary for Financial Specialists, All Other in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The average annual salary for Financial Specialists, All Other in this region is $100,040.

How does the cost of living in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD affect the salary?

The cost of living in this region is exactly at the national average (100), meaning the $100,040 salary offers purchasing power equivalent to the national average.

How many Financial Specialists, All Other are employed in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area?

There are approximately 4,100 Financial Specialists, All Other employed within the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 4,100 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 1.429 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Semantic Salary Analysis for Financial Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD