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Financial Manager Salary Information in Mankato-North Mankato, Minnesota

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 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Mankato-North Mankato, Minnesota

Percentile BracketAverage 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.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$98,910
-1.89% 14.19%
2016
$100,780
1.93% -
2015
$98,830
4.95% -
2014
$93,940
5.49% -
2013
$88,780
4.40% -
2012
$84,870
- -

Table 3. Compare Financial Manager Salary in Mankato-North Mankato with Other Minnesota Cities

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
Rochester
$105,490
Southeast Minnesota nonmetropolitan area
$103,420
Southwest Minnesota nonmetropolitan area
$101,240
Mankato-North Mankato
$98,910
St Cloud
$94,400
Northwest Minnesota nonmetropolitan area
$85,040
Northeast Minnesota nonmetropolitan area
$82,920



See also: Top paying jobs in Mankato-North Mankato, Minnesota.