The annual and hourly salary statistics of financial managers in Morristown, Tennessee are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Morristown 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||$41,640|
|25th Percentile Wage||$49,330|
|50th Percentile Wage||$72,540|
|75th Percentile Wage||$100,330|
|90th Percentile Wage||$146,380|
Table 1 shows the average annual salary for financial managers in Morristown, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $146,380. The median (50th percentile) annual salary is $72,540. The average annual salary for the bottom 10 percent earners is $41,640.
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 the median annual salary of $72,540 in Morristown is in the middle of salary range for financial managers in state of Tennessee. In comparison, the annual salary of financial managers in Morristown is 26.9 percent (26.9%) lower than that in the highest paying Memphis and 18.6 percent (18.6%) higher than that in the lowest paying North Central Tennessee nonmetropolitan area.
|Cities/Areas||Median Annual Salary|
|Johnson City|| |
|South Central Tennessee nonmetropolitan area|| |
|Western Tennessee nonmetropolitan area|| |
|Eastern Tennessee nonmetropolitan area|| |
|North Central Tennessee nonmetropolitan area|| |