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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 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 [1].

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

Percentile BracketAverage 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.

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
$120,920
4.70% 12.30%
2016
$115,240
1.61% -
2015
$113,380
7.07% -
2014
$105,360
-2.60% -
2013
$108,100
1.90% -
2012
$106,050
- -

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 $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
$187,780
New York-White Plains-Wayne
$177,030
Nassau-Suffolk
$148,780
Rochester
$139,920
Buffalo-Niagara Falls
$135,400
Ithaca
$134,220
Syracuse
$129,970
Utica-Rome
$129,320
Southwest New York nonmetropolitan area
$124,220
Albany-Schenectady-Troy
$120,920
Elmira
$117,680
East Central New York nonmetropolitan area
$111,690
Central New York nonmetropolitan area
$111,360
Poughkeepsie-Newburgh-Middletown
$110,890
Binghamton
$106,750
Capital-Northern New York nonmetropolitan area
$99,260
Glens Falls
$97,620
Kingston
$84,720



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