The annual and hourly salary statistics of financial managers in Provo-Orem, Utah are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Provo-Orem is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $53,010 |
| 25th Percentile Wage | $64,420 |
| 50th Percentile Wage | $93,870 |
| 75th Percentile Wage | $128,070 |
| 90th Percentile Wage | $164,500 |
Table 1 shows the average annual salary for financial managers in Provo-Orem, Utah in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $164,500. The median (50th percentile) annual salary is $93,870. The average annual salary for the bottom 10 percent earners is $53,010.
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 |
|---|---|---|---|
| 2017 | $93,870 | -1.67% | -3.77% |
| 2016 | $95,440 | -3.77% | - |
| 2015 | $99,040 | -3.47% | - |
| 2014 | $102,480 | -3.88% | - |
| 2013 | $106,460 | 8.50% | - |
| 2012 | $97,410 | - | - |
From Table 3 we note that the median annual salary of $93,870 in Provo-Orem is in the middle of salary range for financial managers in state of Utah. In comparison, the annual salary of financial managers in Provo-Orem is 13.6 percent (13.6%) lower than that in the highest paying Salt Lake City and 23.9 percent (23.9%) higher than that in the lowest paying South Western Utah nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Salt Lake City | |
| Eastern Utah nonmetropolitan area | |
| Provo-Orem | |
| Logan | |
| Ogden-Clearfield | |
| West Central Utah nonmetropolitan area | |
| St George | |
| Northern Utah nonmetropolitan area | |
| South Western Utah nonmetropolitan area |
