The annual salary statistics of financial managers in Hammond nonmetropolitan area, Louisiana is shown in Table 1. The wage information of financial managers in Hammond nonmetropolitan area 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 | $48,080 |
| 25th Percentile Wage | $55,660 |
| 50th Percentile Wage | $65,870 |
| 75th Percentile Wage | $77,670 |
| 90th Percentile Wage | $110,620 |
Table 1 shows the average annual salary for financial managers in Hammond nonmetropolitan area, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $110,620. The median (50th percentile) annual salary is $65,870. The average annual salary for the bottom 10 percent earners is $48,080.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2019.
| Year | Median Salary | Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $65,870 | -13.88% | -35.66% |
| 2014 | $75,010 | -3.07% | - |
| 2013 | $77,310 | -15.59% | - |
| 2012 | $89,360 | - | - |
From Table 3 we note that with a median annual salary of $65,870, Hammond nonmetropolitan area is the lowest paying city for financial managers in state of Louisiana, following city of Winnsboro nonmetropolitan area (median annual salary of $105,800). In comparison, the median annual salary of financial managers in Hammond nonmetropolitan area is 37.7 percent (37.7%) lower than that in the highest paying city Winnsboro nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Winnsboro nonmetropolitan area | |
| Alexandria | |
| Shreveport-Bossier City | |
| Hammond | |
| Lake Charles | |
| Southwest Louisiana nonmetropolitan area | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| New Iberia nonmetropolitan area | |
| Lafayette | |
| Natchitoches nonmetropolitan area | |
| Monroe | |
| Houma-Bayou Cane-Thibodaux | |
| Hammond nonmetropolitan area |