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Financial Manager Salary Information in Southeast Minnesota nonmetropolitan area, Minnesota

The annual and hourly salary statistics of financial managers in Southeast Minnesota nonmetropolitan area, Minnesota are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Southeast Minnesota nonmetropolitan area 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 Southeast Minnesota nonmetropolitan area, Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$60,880
25th Percentile Wage
$79,360
50th Percentile Wage
$103,420
75th Percentile Wage
$127,720
90th Percentile Wage
$158,870

Table 1 shows the average annual salary for financial managers in Southeast Minnesota nonmetropolitan area, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $158,870. The median (50th percentile) annual salary is $103,420. The average annual salary for the bottom 10 percent earners is $60,880.

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
$103,420
0.19% 14.43%
2016
$103,220
8.41% -
2015
$94,540
6.95% -
2014
$87,970
-0.07% -
2013
$88,030
-0.53% -
2012
$88,500
- -

Table 3. Compare Financial Manager Salary in Southeast Minnesota nonmetropolitan area with Other Minnesota Cities

From Table 3 we note that with a median annual salary of $103,420, Southeast Minnesota nonmetropolitan area is the second highest paying city for financial managers in state of Minnesota, following the highest paying city Rochester (median annual salary of $105,490). Compared with Rochester, the median annual salary of financial managers in Southeast Minnesota nonmetropolitan area is 2.0 percent (2.0%) lower.

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 Southeast Minnesota nonmetropolitan area, Minnesota.