The annual salary statistics of financial managers in Birmingham-Hoover, Alabama is shown in Table 1. The wage data of financial managers in Birmingham-Hoover is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $71,130 |
| 25th Percentile Wage | $93,540 |
| 50th Percentile Wage | $127,920 |
| 75th Percentile Wage | $169,770 |
| 90th Percentile Wage | $207,520 |
Table 1 shows the average annual salary for financial managers in Birmingham-Hoover, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,520. The median (50th percentile) annual salary is $127,920. The average annual salary for the bottom 10 percent earners is $71,130.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $127,920 | 0.43% | 19.38% |
| 2018 | $127,370 | -2.83% | - |
| 2017 | $130,980 | 7.67% | - |
| 2016 | $120,940 | 0.74% | - |
| 2015 | $120,040 | 7.51% | - |
| 2014 | $111,030 | -0.98% | - |
| 2013 | $112,120 | 8.02% | - |
| 2012 | $103,130 | - | - |
From Table 3 we note that with a median annual salary of $127,920, Birmingham-Hoover is the highest paying city for financial managers in state of Alabama, followed by Huntsville (median annual salary $122,050). In comparison, the median annual salary of financial managers in Birmingham-Hoover is 4.6 percent (4.6%) higher than that in Huntsville.