The annual salary statistics of financial managers in Houma-Bayou Cane-Thibodaux, Louisiana is shown in Table 1. The wage statistics of financial managers in Houma-Bayou Cane-Thibodaux 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 | $57,350 |
| 25th Percentile Wage | $67,990 |
| 50th Percentile Wage | $88,220 |
| 75th Percentile Wage | $119,110 |
| 90th Percentile Wage | $168,910 |
Table 1 shows the average annual salary for financial managers in Houma-Bayou Cane-Thibodaux, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $168,910. The median (50th percentile) annual salary is $88,220. The average annual salary for the bottom 10 percent earners is $57,350.
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 | $88,220 | 9.07% | 19.35% |
| 2018 | $80,220 | -5.39% | - |
| 2017 | $84,540 | -7.07% | - |
| 2016 | $90,520 | 3.55% | - |
| 2015 | $87,310 | 6.00% | - |
| 2014 | $82,070 | 8.54% | - |
| 2013 | $75,060 | 5.21% | - |
| 2012 | $71,150 | - | - |
From Table 3 we note that the median annual salary of $88,220 in Houma-Bayou Cane-Thibodaux is in the middle of salary range for financial managers in state of Louisiana. In comparison, the annual salary of financial managers in Houma-Bayou Cane-Thibodaux is 16.6 percent (16.6%) lower than that in the highest paying Winnsboro nonmetropolitan area and 25.3 percent (25.3%) higher than that in the lowest paying Hammond 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 |