The annual salary statistics of financial managers in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage information of financial managers in Hickory-Lenoir-Morganton 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 | $59,600 |
| 25th Percentile Wage | $84,520 |
| 50th Percentile Wage | $107,740 |
| 75th Percentile Wage | $146,600 |
| 90th Percentile Wage | $191,330 |
Table 1 shows the average annual salary for financial managers in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $191,330. The median (50th percentile) annual salary is $107,740. The average annual salary for the bottom 10 percent earners is $59,600.
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 | $107,740 | -5.72% | 16.40% |
| 2018 | $113,900 | 11.31% | - |
| 2017 | $101,020 | 3.32% | - |
| 2016 | $97,670 | -1.34% | - |
| 2015 | $98,980 | -2.30% | - |
| 2014 | $101,260 | 8.28% | - |
| 2013 | $92,880 | 3.03% | - |
| 2012 | $90,070 | - | - |
From Table 3 we note that the median annual salary of $107,740 in Hickory-Lenoir-Morganton is in the middle of salary range for financial managers in state of North Carolina. In comparison, the annual salary of financial managers in Hickory-Lenoir-Morganton is 29.9 percent (29.9%) lower than that in the highest paying Greenville and 30.5 percent (30.5%) higher than that in the lowest paying Jacksonville.