The salary statistics of financial managers in the industry sector of retail trade are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $59,760 |
| 25th Percentile Wage | $83,350 |
| 50th Percentile Wage | $119,000 |
| 75th Percentile Wage | $162,460 |
| 90th Percentile Wage | $186,010 |
Table 1 shows the average annual salary for financial managers in the industry sector of retail trade. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) financial managers is $186,010. The median annual salary (50th percentile) is $119,000. The average annual salary for the bottom 10 percent paid financial managers is $59,760.
The table and chart below show the trend of the median salary of financial managers in the industry sector of retail trade from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $119,000 | 1.68% | 14.61% |
| 2018 | $117,000 | 3.26% | - |
| 2017 | $113,180 | 0.94% | - |
| 2016 | $112,120 | 2.58% | - |
| 2015 | $109,230 | 2.64% | - |
| 2014 | $106,350 | 2.79% | - |
| 2013 | $103,380 | 1.71% | - |
| 2012 | $101,610 | - | - |
The average salaries of financial managers in six industries in the retail trade sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for financial manager occupations is the specialty food stores industry with an annual salary $137,530. The lowest paying industry is the used merchandise stores industry (annual salary $80,060). For detailed financial manager salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Specialty Food Stores | |
| Other General Merchandise Stores | |
| Office Supplies, Stationery, and Gift Stores | |
| Grocery Stores | |
| Shoe Stores | |
| Used Merchandise Stores | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2019 and published in April 2020 [1].