The annual salary statistics of financial managers in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage data of financial managers in Lafayette-West Lafayette 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 | $54,890 |
| 25th Percentile Wage | $66,450 |
| 50th Percentile Wage | $91,850 |
| 75th Percentile Wage | $127,810 |
| 90th Percentile Wage | $180,420 |
Table 1 shows the average annual salary for financial managers in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $180,420. The median (50th percentile) annual salary is $91,850. The average annual salary for the bottom 10 percent earners is $54,890.
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 | $91,850 | -2.46% | -6.73% |
| 2018 | $94,110 | 5.10% | - |
| 2017 | $89,310 | -9.76% | - |
| 2016 | $98,030 | 14.21% | - |
| 2015 | $84,100 | -16.56% | - |
| 2012 | $98,030 | - | - |
From Table 3 we note that the median annual salary of $91,850 in Lafayette-West Lafayette is in the middle of salary range for financial managers in state of Indiana. In comparison, the annual salary of financial managers in Lafayette-West Lafayette is 27.4 percent (27.4%) lower than that in the highest paying Columbus and 31.8 percent (31.8%) higher than that in the lowest paying Terre Haute.
| Cities/Areas | Median Annual Salary |
|---|---|
| Columbus | |
| Indianapolis-Carmel | |
| Fort Wayne | |
| Elkhart-Goshen | |
| Northern Indiana nonmetropolitan area | |
| Muncie | |
| Gary | |
| Lafayette-West Lafayette | |
| Lafayette | |
| Bloomington | |
| Southern Indiana nonmetropolitan area | |
| Michigan City-La Porte | |
| Central Indiana nonmetropolitan area | |
| Kokomo | |
| Anderson | |
| Terre Haute |