The annual salary statistics of financial managers in West Colorado nonmetropolitan area, Colorado is shown in Table 1. The wage data of financial managers in West Colorado nonmetropolitan area 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 | $55,350 |
| 25th Percentile Wage | $64,200 |
| 50th Percentile Wage | $88,270 |
| 75th Percentile Wage | $114,180 |
| 90th Percentile Wage | $133,550 |
Table 1 shows the average annual salary for financial managers in West Colorado nonmetropolitan area, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $133,550. The median (50th percentile) annual salary is $88,270. The average annual salary for the bottom 10 percent earners is $55,350.
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 | $88,270 | -13.23% | -40.08% |
| 2018 | $99,950 | -6.53% | - |
| 2017 | $106,480 | -5.99% | - |
| 2016 | $112,860 | 8.44% | - |
| 2015 | $103,330 | 0.18% | - |
| 2014 | $103,140 | 5.34% | - |
| 2013 | $97,630 | -26.65% | - |
| 2012 | $123,650 | - | - |
From Table 3 we note that with a median annual salary of $88,270, West Colorado nonmetropolitan area is the lowest paying city for financial managers in state of Colorado, following city of Denver-Aurora-Broomfield (median annual salary of $157,570). Also we note that in comparison, the annual salary of financial managers in West Colorado nonmetropolitan area is about 44.0 percent (44.0%) lower than that of the highest paying city Denver-Aurora-Broomfield.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Boulder | |
| Greeley | |
| Colorado Springs | |
| Fort Collins-Loveland | |
| Grand Junction | |
| East and South Colorado nonmetropolitan area | |
| Northcentral Colorado nonmetropolitan area | |
| Pueblo | |
| West Colorado nonmetropolitan area |