The annual salary statistics of financial managers in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage data of financial managers in New York-Northern New Jersey-Long Island 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 | $105,320 |
| 25th Percentile Wage | $142,800 |
| 50th Percentile Wage | $194,330 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for financial managers in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The median (50th percentile) annual salary is $194,330. The average annual salary of the 25th percentile is $142,800. The average annual salary for the bottom 10 percent earners is $105,320.
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 | $194,330 | 1.44% | 19.79% |
| 2018 | $191,540 | 1.96% | - |
| 2017 | $187,780 | 6.39% | - |
| 2016 | $175,790 | 4.23% | - |
| 2015 | $168,360 | 2.14% | - |
| 2014 | $164,760 | 3.31% | - |
| 2013 | $159,310 | 2.16% | - |
| 2012 | $155,870 | - | - |
From Table 3 we note that with a median annual salary of $194,330, New York-Northern New Jersey-Long Island is the highest paying city for financial managers in state of New York, followed by New York-White Plains-Wayne (median annual salary $177,030). In comparison, the median annual salary of financial managers in New York-Northern New Jersey-Long Island is 8.9 percent (8.9%) higher than that in New York-White Plains-Wayne.