Average Financial Specialists, All Other Salary in Springfield, MA
The average salary for Financial Specialists, All Others in Springfield, MA is $71,800. While this is lower than the national average, the cost of living in Springfield, MA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $71,800 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,410.
- Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Springfield, MA economy.
Salary Overview
The average Financial Specialists, All Other in Springfield, MA earns-23.9%below the national average.
$34.5
$1,381
$5,983
Financial Specialists, All Other Salary Trends (2020-2024)
Historical trend data for Financial Specialists, All Other in Springfield, MA is limited, but current market signals indicate a stable demand environment.
Financial Specialists, All Other Salary Distribution in Springfield, MA
The earning potential for Financial Specialists, All Others in Springfield, MA 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 $50,110, while highly experienced professionals can command wages upwards of $105,410.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,110 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,850 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,550 | $27.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,750 | $43.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,410 | $50.7 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$71,800
Gross Pay
Real Wage (Purchasing Power)
$71,800
Adjusted for COL (100)
In Springfield, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $71,800 to $71,800.
Job Market Context
100
Total Jobs
0.52
Per 1K Jobs
0.63
Location Quotient
Springfield, MA has 0.63x 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.
100 people work as Financial Specialists, All Other in Springfield, MA.
Only 0.52 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. |
|---|---|---|
| Amherst Town-Northampton, MA Financial Specialists, All Other Salary | $86,710↑ 21% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Financial Specialists, All Other Salary | $88,500↑ 23% | 25 mi |
| Worcester, MA Financial Specialists, All Other Salary | $76,730↑ 7% | 39 mi |
Comparing salaries near Springfield, MA
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Springfield, MA?
The median annual salary for a Financial Specialists, All Other in Springfield, MA is $71,800. This typically ranges from $50,110 for entry-level positions to $105,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 23.9% lower than the national median of $94,320.
Is Springfield, MA a good place for Financial Specialists, All Others?
It depends on your priorities. While the average Financial Specialists, All Other salary in Springfield, MA is $71,800 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Springfield, MA. See distinct detailed breakdown below.
Is Springfield, MA a good place to live for Financial Specialists, All Others?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($86,710) and Hartford-West Hartford-East Hartford, CT.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Springfield, MA area with a job density of 0.52 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 Springfield, MA