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Financial Manager Salary in Southeast Minnesota nonmetropolitan area, Minnesota

The annual salary statistics of financial managers in Southeast Minnesota nonmetropolitan area, Minnesota is shown in Table 1. The wage data of financial managers in Southeast Minnesota 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].

Table 1. Annual Salary of Financial Managers in Southeast Minnesota nonmetropolitan area, Minnesota

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$63,660
25th Percentile Wage	$81,450
50th Percentile Wage	$108,140
75th Percentile Wage	$129,420
90th Percentile Wage	$165,570

Table 1 shows the average annual salary for financial managers in Southeast Minnesota nonmetropolitan area, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,570. The median (50th percentile) annual salary is $108,140. The average annual salary for the bottom 10 percent earners is $63,660.

Median salary trend (2012 to 2019)

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	$108,140	4.52%	18.16%
2018	$103,250	-0.16%	-
2017	$103,420	0.19%	-
2016	$103,220	8.41%	-
2015	$94,540	6.95%	-
2014	$87,970	-0.07%	-
2013	$88,030	-0.53%	-
2012	$88,500	-	-

Table 2. Compare Financial Manager Salary in Southeast Minnesota nonmetropolitan area with Other Minnesota Cities

From Table 3 we note that with a median annual salary of $108,140, Southeast Minnesota nonmetropolitan area is the highest paying city for financial managers in state of Minnesota, followed by St Cloud (median annual salary $103,550). In comparison, the median annual salary of financial managers in Southeast Minnesota nonmetropolitan area is 4.2 percent (4.2%) higher than that in St Cloud.

Cities/Areas	Median Annual Salary
Southeast Minnesota nonmetropolitan area	$108,140
St Cloud	$103,550
Mankato-North Mankato	$101,900
Rochester	$101,240
Southwest Minnesota nonmetropolitan area	$98,460
Northwest Minnesota nonmetropolitan area	$92,240
Northeast Minnesota nonmetropolitan area	$91,980