The annual salary statistics of financial managers in Daphne-Fairhope-Foley, Alabama is shown in Table 1. The wage data of financial managers in Daphne-Fairhope-Foley 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 | $59,480 |
| 25th Percentile Wage | $74,730 |
| 50th Percentile Wage | $95,650 |
| 75th Percentile Wage | $116,560 |
| 90th Percentile Wage | $148,470 |
Table 1 shows the average annual salary for financial managers in Daphne-Fairhope-Foley, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $148,470. The median (50th percentile) annual salary is $95,650. The average annual salary for the bottom 10 percent earners is $59,480.
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 | $95,650 | -9.58% | 8.10% |
| 2018 | $104,810 | 6.72% | - |
| 2017 | $97,770 | 10.10% | - |
| 2016 | $87,900 | 1.24% | - |
| 2015 | $86,810 | -1.26% | - |
| 2012 | $87,900 | - | - |
From Table 3 we note that the median annual salary of $95,650 in Daphne-Fairhope-Foley is in the middle of salary range for financial managers in state of Alabama. In comparison, the annual salary of financial managers in Daphne-Fairhope-Foley is 25.2 percent (25.2%) lower than that in the highest paying Birmingham-Hoover and 12.7 percent (12.7%) higher than that in the lowest paying Southwest Alabama nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Birmingham-Hoover | |
| Huntsville | |
| Auburn-Opelika | |
| Montgomery | |
| Dothan | |
| Anniston-Oxford | |
| Mobile | |
| Northwest Alabama nonmetropolitan area | |
| Tuscaloosa | |
| Gadsden | |
| Southeast Alabama nonmetropolitan area | |
| Daphne-Fairhope-Foley | |
| Florence-Muscle Shoals | |
| Decatur | |
| Northeast Alabama nonmetropolitan area | |
| Southwest Alabama nonmetropolitan area |