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Financial Manager Salary Information in Norwich-New London, Rhode Island

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 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Norwich-New London, Rhode Island

Percentile BracketAverage Annual Salary
10th Percentile Wage
$73,900
25th Percentile Wage
$91,270
50th Percentile Wage
$113,780
75th Percentile Wage
$147,270
90th Percentile Wage
$171,060

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 $171,060. The median (50th percentile) annual salary is $113,780. The average annual salary for the bottom 10 percent earners is $73,900.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$35.53
25th Percentile Wage
$43.88
50th Percentile Wage
$54.70
75th Percentile Wage
$70.80
90th Percentile Wage
$82.24

Table 2 shows the average hourly salary for financial managers in Norwich-New London, Rhode Island. The average hourly salary for the 90th percentile is $82.24. The median hourly salary is $54.70. The average hourly salary for the bottom 10 percent is $35.53.

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
2016113,780-4.16%20.53%
2015118,5109.30%-
2014107,4908.73%-
201398,1107.84%-
201290,420--

Table 3. Compare Financial Manager Salary in Norwich-New London with Other Rhode Island Cities

From Table 3 we note that with a median annual salary of $113,780, 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 $122,940). Compared with Providence-Fall River-Warwick, the median annual salary of financial managers in Norwich-New London is 7.5 percent (7.5%) lower.

Cities/Areas Median Annual Salary
Providence-Fall River-Warwick
$122,940
Norwich-New London
$113,780

See also: Top paying jobs in Norwich-New London, Rhode Island.