The annual and hourly salary statistics of financial managers in Norwich-New London, Rhode Island are shown in Table 1 and Table 2, respectively. The wage statistics of financial managers in Norwich-New London 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||$81,000|
|25th Percentile Wage||$95,520|
|50th Percentile Wage||$117,190|
|75th Percentile Wage||$146,230|
|90th Percentile Wage||$206,150|
Table 1 shows the average annual salary for financial managers in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $206,150. The median (50th percentile) annual salary is $117,190. The average annual salary for the bottom 10 percent earners is $81,000.
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 with a median annual salary of $117,190, Norwich-New London is the second highest paying city for financial managers in state of Rhode Island, following the highest paying city Providence-Fall River-Warwick (median annual salary of $128,460). Compared with Providence-Fall River-Warwick, the median annual salary of financial managers in Norwich-New London is 8.8 percent (8.8%) lower.
|Cities/Areas||Median Annual Salary|
|Providence-Fall River-Warwick|| |
|Norwich-New London|| |