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Financial Manager Salary Information in Sherman-Denison, Texas

The annual and hourly salary statistics of financial managers in Sherman-Denison, Texas are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Sherman-Denison 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 Sherman-Denison, Texas

Percentile BracketAverage Annual Salary
10th Percentile Wage
$62,450
25th Percentile Wage
$81,780
50th Percentile Wage
$123,890
75th Percentile Wage
$162,750
90th Percentile Wage
$178,800

Table 1 shows the average annual salary for financial managers in Sherman-Denison, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $178,800. The median (50th percentile) annual salary is $123,890. The average annual salary for the bottom 10 percent earners is $62,450.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$30.02
25th Percentile Wage
$39.32
50th Percentile Wage
$59.56
75th Percentile Wage
$78.25
90th Percentile Wage
$85.96

Table 2 shows the average hourly salary for financial managers in Sherman-Denison, Texas. The average hourly salary for the 90th percentile is $85.96. The median hourly salary is $59.56. The average hourly salary for the bottom 10 percent is $30.02.

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
2016123,89010.72%35.97%
2015110,61018.47%-
201490,1807.20%-
201383,6905.21%-
201279,330--

Table 3. Compare Financial Manager Salary in Sherman-Denison with Other Texas Cities

From Table 3 we note that the median annual salary of $123,890 in Sherman-Denison is in the middle of salary range for financial managers in state of Texas. In comparison, the annual salary of financial managers in Sherman-Denison is 13.3 percent (13.3%) lower than that in the highest paying Houston-Sugar Land-Baytown and 36.5 percent (36.5%) higher than that in the lowest paying Eastern Texas nonmetropolitan area.

Cities/Areas Median Annual Salary
Houston-Sugar Land-Baytown
$142,910
Dallas-Plano-Irving
$136,180
Midland
$135,850
San Antonio-New Braunfels
$133,400
Dallas-Fort Worth-Arlington
$131,520
Austin-Round Rock-San Marcos
$126,580
Sherman-Denison
$123,890
Tyler
$121,690
San Angelo
$118,770
College Station-Bryan
$118,500
Abilene
$116,440
Waco
$116,070
Fort Worth-Arlington
$114,280
Lubbock
$112,080
Victoria
$110,590
Amarillo
$110,060
Longview
$108,670
Odessa
$106,560
Corpus Christi
$106,440
Wichita Falls
$105,820
Beaumont-Port Arthur
$104,660
Central Texas nonmetropolitan area
$102,430
El Paso
$102,360
Brownsville-Harlingen
$99,510
McAllen-Edinburg-Mission
$99,440
Killeen-Temple-Fort Hood
$99,380
Northwestern Texas nonmetropolitan area
$93,560
Southern Texas nonmetropolitan area
$93,200
Texarkana-Texarkana
$92,900
North Central Texas nonmetropolitan area
$85,830
Gulf Coast Texas nonmetropolitan area
$85,620
Laredo
$84,690
Eastern Texas nonmetropolitan area
$78,720

See also: Top paying jobs in Sherman-Denison, Texas.