The annual salary statistics of financial managers in Providence-Fall River-Warwick, Rhode Island is shown in Table 1. The wage data of financial managers in Providence-Fall River-Warwick 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 | $88,170 |
| 25th Percentile Wage | $112,760 |
| 50th Percentile Wage | $143,160 |
| 75th Percentile Wage | $183,500 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for financial managers in Providence-Fall River-Warwick, Rhode Island in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $183,500. The median (50th percentile) annual salary is $143,160. The average annual salary for the bottom 10 percent earners is $88,170.
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 | $143,160 | 10.56% | 20.45% |
| 2018 | $128,040 | -0.33% | - |
| 2017 | $128,460 | 4.30% | - |
| 2016 | $122,940 | 0.97% | - |
| 2015 | $121,750 | 2.36% | - |
| 2014 | $118,880 | 1.63% | - |
| 2013 | $116,940 | 2.62% | - |
| 2012 | $113,880 | - | - |
From Table 3 we note that with a median annual salary of $143,160, Providence-Fall River-Warwick is the highest paying city for financial managers in state of Rhode Island, followed by Norwich-New London (median annual salary $124,930). In comparison, the median annual salary of financial managers in Providence-Fall River-Warwick is 12.7 percent (12.7%) higher than that in Norwich-New London.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |