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Financial Manager Salary Information in Cleveland-Elyria-Mentor, Ohio

The annual and hourly salary statistics of financial managers in Cleveland-Elyria-Mentor, Ohio are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Cleveland-Elyria-Mentor 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 Cleveland-Elyria-Mentor, Ohio

Percentile BracketAverage Annual Salary
10th Percentile Wage
$65,380
25th Percentile Wage
$90,770
50th Percentile Wage
$123,700
75th Percentile Wage
$166,330
90th Percentile Wage
$183,610

Table 1 shows the average annual salary for financial managers in Cleveland-Elyria-Mentor, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $183,610. The median (50th percentile) annual salary is $123,700. The average annual salary for the bottom 10 percent earners is $65,380.

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
$123,700
6.13% 20.96%
2016
$116,120
6.23% -
2015
$108,890
8.13% -
2014
$100,040
3.76% -
2013
$96,280
-1.55% -
2012
$97,770
- -

Table 3. Compare Financial Manager Salary in Cleveland-Elyria-Mentor with Other Ohio Cities

From Table 3 we note that with a median annual salary of $123,700, Cleveland-Elyria-Mentor is the highest paying city for financial managers in state of Ohio, followed by Cincinnati-Middletown (median annual salary $121,210). In comparison, the median annual salary of financial managers in Cleveland-Elyria-Mentor is 2.0 percent (2.0%) higher than that in Cincinnati-Middletown.

Cities/Areas Median Annual Salary
Cleveland-Elyria-Mentor
$123,700
Cincinnati-Middletown
$121,210
Columbus
$117,960
Dayton
$114,200
Akron
$108,910
Mansfield
$104,200
Toledo
$99,970
Canton-Massillon
$98,330
Southern Ohio nonmetropolitan area
$95,450
Other Ohio nonmetropolitan area
$95,110
West Northwestern Ohio nonmetropolitan area
$92,360
Eastern Ohio nonmetropolitan area
$88,520
Lima
$85,180
Springfield
$80,940
Sandusky
$77,570



See also: Top paying jobs in Cleveland-Elyria-Mentor, Ohio.