The annual salary statistics of financial managers in Champaign-Urbana, Illinois is shown in Table 1. The wage statistics of financial managers in Champaign-Urbana 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 | $56,580 |
| 25th Percentile Wage | $77,600 |
| 50th Percentile Wage | $99,850 |
| 75th Percentile Wage | $132,120 |
| 90th Percentile Wage | $163,940 |
Table 1 shows the average annual salary for financial managers in Champaign-Urbana, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $163,940. The median (50th percentile) annual salary is $99,850. The average annual salary for the bottom 10 percent earners is $56,580.
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 | $99,850 | -1.69% | 7.93% |
| 2018 | $101,540 | 6.57% | - |
| 2017 | $94,870 | 3.86% | - |
| 2016 | $91,210 | 4.53% | - |
| 2015 | $87,080 | -9.92% | - |
| 2014 | $95,720 | 0.94% | - |
| 2013 | $94,820 | 3.05% | - |
| 2012 | $91,930 | - | - |
From Table 3 we note that the median annual salary of $99,850 in Champaign-Urbana is in the middle of salary range for financial managers in state of Illinois. In comparison, the annual salary of financial managers in Champaign-Urbana is 26.8 percent (26.8%) lower than that in the highest paying Chicago-Joliet-Naperville (IL-IN-WI Area) and 13.1 percent (13.1%) higher than that in the lowest paying West Central Illinois nonmetropolitan area.