The annual and hourly salary statistics of financial managers in Rochester, Minnesota are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Rochester 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||$59,100|
|25th Percentile Wage||$77,720|
|50th Percentile Wage||$105,490|
|75th Percentile Wage||$127,930|
|90th Percentile Wage||$155,250|
Table 1 shows the average annual salary for financial managers in Rochester, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $155,250. The median (50th percentile) annual salary is $105,490. The average annual salary for the bottom 10 percent earners is $59,100.
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 with a median annual salary of $105,490, Rochester is the highest paying city for financial managers in state of Minnesota, followed by Southeast Minnesota nonmetropolitan area (median annual salary $103,420). In comparison, the median annual salary of financial managers in Rochester is 2.0 percent (2.0%) higher than that in Southeast 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|| |