The annual and hourly salary statistics of financial managers in Mankato-North Mankato, Minnesota are shown in Table 1 and Table 2, respectively. The wage statistics of financial managers in Mankato-North Mankato 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||$58,180|
|25th Percentile Wage||$76,040|
|50th Percentile Wage||$98,910|
|75th Percentile Wage||$131,980|
|90th Percentile Wage||$179,210|
Table 1 shows the average annual salary for financial managers in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $179,210. The median (50th percentile) annual salary is $98,910. The average annual salary for the bottom 10 percent earners is $58,180.
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 $98,910 in Mankato-North Mankato is in the middle of salary range for financial managers in state of Minnesota. In comparison, the annual salary of financial managers in Mankato-North Mankato is 6.2 percent (6.2%) lower than that in the highest paying Rochester and 16.2 percent (16.2%) higher than that in the lowest paying Northeast Minnesota nonmetropolitan area.
|Cities/Areas||Median Annual Salary|
|Southeast Minnesota nonmetropolitan area|| |
|Southwest Minnesota nonmetropolitan area|| |
|Mankato-North Mankato|| |
|St Cloud|| |
|Northwest Minnesota nonmetropolitan area|| |
|Northeast Minnesota nonmetropolitan area|| |