The annual salary statistics of financial managers in Capital-Northern New York nonmetropolitan area, New York is shown in Table 1. The wage information of financial managers in Capital-Northern New York 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 | $70,270 |
| 25th Percentile Wage | $85,150 |
| 50th Percentile Wage | $119,360 |
| 75th Percentile Wage | $161,280 |
| 90th Percentile Wage | $207,850 |
Table 1 shows the average annual salary for financial managers in Capital-Northern New York nonmetropolitan area, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,850. The median (50th percentile) annual salary is $119,360. The average annual salary for the bottom 10 percent earners is $70,270.
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 | $119,360 | 4.65% | 27.24% |
| 2018 | $113,810 | 12.78% | - |
| 2017 | $99,260 | 8.71% | - |
| 2016 | $90,610 | 5.32% | - |
| 2015 | $85,790 | 2.89% | - |
| 2014 | $83,310 | -2.70% | - |
| 2013 | $85,560 | -1.51% | - |
| 2012 | $86,850 | - | - |
From Table 3 we note that the median annual salary of $119,360 in Capital-Northern New York nonmetropolitan area is in the middle of salary range for financial managers in state of New York. In comparison, the annual salary of financial managers in Capital-Northern New York nonmetropolitan area is 38.6 percent (38.6%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 13.1 percent (13.1%) higher than that in the lowest paying Kingston.