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Financial Manager Salary Information in Elkhart-Goshen, Indiana

The annual and hourly salary statistics of financial managers in Elkhart-Goshen, Indiana are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Elkhart-Goshen is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Elkhart-Goshen, Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$58,810
25th Percentile Wage
$70,030
50th Percentile Wage
$93,600
75th Percentile Wage
$129,830
90th Percentile Wage
$165,110

Table 1 shows the average annual salary for financial managers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,110. The median (50th percentile) annual salary is $93,600. The average annual salary for the bottom 10 percent earners is $58,810.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$28.27
25th Percentile Wage
$33.67
50th Percentile Wage
$45.00
75th Percentile Wage
$62.42
90th Percentile Wage
$79.38

Table 2 shows the average hourly salary for financial managers in Elkhart-Goshen, Indiana. The average hourly salary for the 90th percentile is $79.38. The median hourly salary is $45.00. The average hourly salary for the bottom 10 percent is $28.27.

Salary Trend (2012 to 2016)

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

YearMedian SalaryYearly Growth4-Year Growth
201693,6008.33%3.38%
201585,8001.20%-
201484,770-2.04%-
201386,500-4.55%-
201290,440--

Table 3. Compare Financial Manager Salary in Elkhart-Goshen with Other Indiana Cities

From Table 3 we note that the median annual salary of $93,600 in Elkhart-Goshen is in the middle of salary range for financial managers in state of Indiana. In comparison, the annual salary of financial managers in Elkhart-Goshen is 27.1 percent (27.1%) lower than that in the highest paying Columbus and 37.6 percent (37.6%) higher than that in the lowest paying Kokomo.

Cities/Areas Median Annual Salary
Columbus
$128,420
Indianapolis-Carmel
$111,250
Bloomington
$98,450
Fort Wayne
$97,330
Elkhart-Goshen
$93,600
Lafayette
$89,810
Southern Indiana nonmetropolitan area
$86,680
Michigan City-La Porte
$82,550
Muncie
$79,870
Central Indiana nonmetropolitan area
$78,780
Gary
$76,130
Northern Indiana nonmetropolitan area
$73,820
Terre Haute
$69,930
Anderson
$64,390
Kokomo
$58,420

See also: Top paying jobs in Elkhart-Goshen, Indiana.