The annual salary statistics of financial managers in Lexington-Fayette, Kentucky is shown in Table 1. The wage data of financial managers in Lexington-Fayette 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 | $57,800 |
| 25th Percentile Wage | $75,580 |
| 50th Percentile Wage | $104,240 |
| 75th Percentile Wage | $137,530 |
| 90th Percentile Wage | $172,550 |
Table 1 shows the average annual salary for financial managers in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $172,550. The median (50th percentile) annual salary is $104,240. The average annual salary for the bottom 10 percent earners is $57,800.
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 | $104,240 | 2.35% | 18.71% |
| 2018 | $101,790 | -1.71% | - |
| 2017 | $103,530 | 0.73% | - |
| 2016 | $102,770 | 10.50% | - |
| 2015 | $91,980 | 7.19% | - |
| 2014 | $85,370 | -2.01% | - |
| 2013 | $87,090 | 2.70% | - |
| 2012 | $84,740 | - | - |
From Table 3 we note that the median annual salary of $104,240 in Lexington-Fayette is in the middle of salary range for financial managers in state of Kentucky. In comparison, the annual salary of financial managers in Lexington-Fayette is 2.5 percent (2.5%) lower than that in the highest paying Bowling Green and 34.4 percent (34.4%) higher than that in the lowest paying East Kentucky nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bowling Green | |
| Louisville-Jefferson County | |
| Lexington-Fayette | |
| Evansville | |
| Elizabethtown | |
| Owensboro | |
| West Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area |