The annual salary statistics of financial managers in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of financial managers in Waterloo-Cedar Falls 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 | $61,150 |
| 25th Percentile Wage | $74,040 |
| 50th Percentile Wage | $96,160 |
| 75th Percentile Wage | $123,390 |
| 90th Percentile Wage | $157,970 |
Table 1 shows the average annual salary for financial managers in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,970. The median (50th percentile) annual salary is $96,160. The average annual salary for the bottom 10 percent earners is $61,150.
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 | $96,160 | 3.03% | 3.79% |
| 2018 | $93,250 | -4.90% | - |
| 2017 | $97,820 | 2.35% | - |
| 2016 | $95,520 | 3.44% | - |
| 2015 | $92,230 | 0.48% | - |
| 2014 | $91,790 | 5.15% | - |
| 2013 | $87,060 | -6.27% | - |
| 2012 | $92,520 | - | - |
From Table 3 we note that the median annual salary of $96,160 in Waterloo-Cedar Falls is in the middle of salary range for financial managers in state of Iowa. In comparison, the annual salary of financial managers in Waterloo-Cedar Falls is 20.1 percent (20.1%) lower than that in the highest paying Des Moines-West Des Moines and 14.1 percent (14.1%) 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 |