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Financial Manager Salary Information in Southwest Minnesota nonmetropolitan area, Minnesota

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$63,990
25th Percentile Wage
$80,560
50th Percentile Wage
$101,240
75th Percentile Wage
$128,390
90th Percentile Wage
$165,910

Table 1 shows the average annual salary for financial managers in Southwest 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 $165,910. The median (50th percentile) annual salary is $101,240. The average annual salary for the bottom 10 percent earners is $63,990.

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
$101,240
6.52% 16.39%
2016
$94,640
6.04% -
2015
$88,920
7.82% -
2014
$81,970
-4.44% -
2013
$85,610
1.12% -
2012
$84,650
- -

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

From Table 3 we note that the median annual salary of $101,240 in Southwest Minnesota nonmetropolitan area is in the middle of salary range for financial managers in state of Minnesota. In comparison, the annual salary of financial managers in Southwest Minnesota nonmetropolitan area is 4.0 percent (4.0%) lower than that in the highest paying Rochester and 18.1 percent (18.1%) 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 Southwest Minnesota nonmetropolitan area, Minnesota.