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Financial Manager Salary Information in Albany-Schenectady-Troy, New York

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 data of financial managers in Albany-Schenectady-Troy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Albany-Schenectady-Troy, New York

Percentile BracketAverage Annual Salary
10th Percentile Wage
$81,040
25th Percentile Wage
$93,550
50th Percentile Wage
$115,240
75th Percentile Wage
$147,300
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 $115,240. The average annual salary for the bottom 10 percent earners is $81,040.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$38.96
25th Percentile Wage
$44.98
50th Percentile Wage
$55.40
75th Percentile Wage
$70.81
90th Percentile Wage
$81.92

Table 2 shows the average hourly salary for financial managers in Albany-Schenectady-Troy, New York. The average hourly salary for the 90th percentile is $81.92. The median hourly salary is $55.40. The average hourly salary for the bottom 10 percent is $38.96.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016115,2401.61%7.97%
2015113,3807.07%-
2014105,360-2.60%-
2013108,1001.90%-
2012106,050--

Table 3. Compare Financial Manager Salary in Albany-Schenectady-Troy with Other New York Cities

From Table 3 we note that the median annual salary of $115,240 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 34.9 percent (34.9%) lower than that in the highest paying New York-White Plains-Wayne and 27.8 percent (27.8%) higher than that in the lowest paying Kingston.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$177,030
New York-Northern New Jersey-Long Island
$175,790
Nassau-Suffolk
$144,100
Ithaca
$130,040
Rochester
$127,680
Syracuse
$120,790
Southwest New York nonmetropolitan area
$120,530
Buffalo-Niagara Falls
$116,880
Albany-Schenectady-Troy
$115,240
Poughkeepsie-Newburgh-Middletown
$110,890
Elmira
$102,330
East Central New York nonmetropolitan area
$102,260
Binghamton
$101,180
Glens Falls
$100,690
Utica-Rome
$93,200
Capital-Northern New York nonmetropolitan area
$90,610
Central New York nonmetropolitan area
$88,900
Kingston
$83,200

See also: Top paying jobs in Albany-Schenectady-Troy, New York.