The annual and hourly salary statistics of financial managers in Rockford, Illinois are shown in Table 1 and Table 2, respectively. The wage statistics of financial managers in Rockford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage||$56,760|
|25th Percentile Wage||$73,130|
|50th Percentile Wage||$96,560|
|75th Percentile Wage||$131,840|
|90th Percentile Wage||$165,450|
Table 1 shows the average annual salary for financial managers in Rockford, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,450. The median (50th percentile) annual salary is $96,560. The average annual salary for the bottom 10 percent earners is $56,760.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
From Table 3 we note that the median annual salary of $96,560 in Rockford is in the middle of salary range for financial managers in state of Illinois. In comparison, the annual salary of financial managers in Rockford is 23.1 percent (23.1%) lower than that in the highest paying Chicago-Joliet-Naperville (IL Metropolitan Division) and 18.7 percent (18.7%) higher than that in the lowest paying East Central Illinois nonmetropolitan area.
|Cities/Areas||Median Annual Salary|
|Chicago-Joliet-Naperville (IL Metropolitan Division)|| |
|Chicago-Joliet-Naperville (IL-IN-WI Area)|| |
|Northwest Illinois nonmetropolitan area|| |
|West Central Illinois nonmetropolitan area|| |
|South Illinois nonmetropolitan area|| |
|East Central Illinois nonmetropolitan area|| |