The annual and hourly salary statistics of financial managers in Albany-Schenectady-Troy, New York are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Albany-Schenectady-Troy 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||$84,260|
|25th Percentile Wage||$99,020|
|50th Percentile Wage||$120,920|
|75th Percentile Wage||$155,850|
|90th Percentile Wage||$170,390|
Table 1 shows the average annual salary for financial managers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,390. The median (50th percentile) annual salary is $120,920. The average annual salary for the bottom 10 percent earners is $84,260.
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 $120,920 in Albany-Schenectady-Troy is in the middle of salary range for financial managers in state of New York. In comparison, the annual salary of financial managers in Albany-Schenectady-Troy is 35.6 percent (35.6%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 29.9 percent (29.9%) higher than that in the lowest paying Kingston.
|Cities/Areas||Median Annual Salary|
|New York-Northern New Jersey-Long Island|| |
|New York-White Plains-Wayne|| |
|Buffalo-Niagara Falls|| |
|Southwest New York nonmetropolitan area|| |
|East Central New York nonmetropolitan area|| |
|Central New York nonmetropolitan area|| |
|Capital-Northern New York nonmetropolitan area|| |
|Glens Falls|| |