The annual salary statistics of financial managers in Davenport-Moline-Rock Island, Iowa is shown in Table 1. The wage statistics of financial managers in Davenport-Moline-Rock Island 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 | $56,400 |
| 25th Percentile Wage | $73,060 |
| 50th Percentile Wage | $102,760 |
| 75th Percentile Wage | $141,130 |
| 90th Percentile Wage | $181,880 |
Table 1 shows the average annual salary for financial managers in Davenport-Moline-Rock Island, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $181,880. The median (50th percentile) annual salary is $102,760. The average annual salary for the bottom 10 percent earners is $56,400.
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 | $102,760 | 4.25% | 8.41% |
| 2018 | $98,390 | -0.58% | - |
| 2017 | $98,960 | 6.65% | - |
| 2016 | $92,380 | 3.47% | - |
| 2015 | $89,170 | 2.34% | - |
| 2014 | $87,080 | 0.20% | - |
| 2013 | $86,910 | -8.30% | - |
| 2012 | $94,120 | - | - |
From Table 3 we note that the median annual salary of $102,760 in Davenport-Moline-Rock Island is in the middle of salary range for financial managers in state of Iowa. In comparison, the annual salary of financial managers in Davenport-Moline-Rock Island is 14.6 percent (14.6%) lower than that in the highest paying Des Moines-West Des Moines and 19.6 percent (19.6%) higher than that in the lowest paying Southwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Ames | |
| Dubuque | |
| Waterloo-Cedar Falls | |
| Southeast Iowa nonmetropolitan area | |
| Iowa City | |
| Northwest Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area |