Financial Manager Salary in Sector of Utilities

The salary statistics of financial managers in the industry sector of utilities are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the utilities sector.

Average Annual Salary of Financial Managers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$78,370
25th Percentile Wage
$101,650
50th Percentile Wage
$131,010
75th Percentile Wage
$170,140
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in the industry sector of utilities. The salaries are shown in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) financial managers is $170,140. The median annual salary (50th percentile) is $131,010. The average annual salary for the bottom 10 percent paid financial managers is $78,370.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers in the industry sector of utilities from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016131,0102.81%11.42%
2015127,3302.89%-
2014123,6501.93%-
2013121,2604.30%-
2012116,050--

Compare Financial Manager Salary in Different Industries within the Utilities Sector

The average salaries of financial managers in four industries in the utilities sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for financial manager occupations is the natural gas distribution industry with an annual salary $145,170. The lowest paying industry is the water, sewage and other systems industry (annual salary $102,990). For detailed financial manager salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Natural Gas Distribution
$145,170
Utilities
$131,010
Electric Power Generation, Transmission and Distribution
$127,070
Water, Sewage and Other Systems
$102,990

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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