The annual salary statistics of financial managers in Leominster-Fitchburg-Gardner, Massachusetts is shown in Table 1. The wage statistics of financial managers in Leominster-Fitchburg-Gardner 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 | $47,730 |
| 25th Percentile Wage | $62,030 |
| 50th Percentile Wage | $85,360 |
| 75th Percentile Wage | $115,990 |
| 90th Percentile Wage | $166,840 |
Table 1 shows the average annual salary for financial managers in Leominster-Fitchburg-Gardner, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,840. The median (50th percentile) annual salary is $85,360. The average annual salary for the bottom 10 percent earners is $47,730.
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 | $85,360 | -6.81% | 14.48% |
| 2018 | $91,170 | 15.65% | - |
| 2017 | $76,900 | -10.83% | - |
| 2016 | $85,230 | 10.88% | - |
| 2015 | $75,960 | -5.36% | - |
| 2014 | $80,030 | 1.24% | - |
| 2013 | $79,040 | 7.64% | - |
| 2012 | $73,000 | - | - |
From Table 3 we note that the median annual salary of $85,360 in Leominster-Fitchburg-Gardner is in the middle of salary range for financial managers in state of Massachusetts. In comparison, the annual salary of financial managers in Leominster-Fitchburg-Gardner is 40.0 percent (40.0%) lower than that in the highest paying Boston-Cambridge-Quincy and 17.8 percent (17.8%) higher than that in the lowest paying Southwest Massachusetts nonmetropolitan area.