The annual salary statistics of financial managers in Charleston-North Charleston-Summerville, South Carolina is shown in Table 1. The wage data of financial managers in Charleston-North Charleston-Summerville 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 | $64,840 |
| 25th Percentile Wage | $84,160 |
| 50th Percentile Wage | $111,990 |
| 75th Percentile Wage | $157,470 |
| 90th Percentile Wage | $191,060 |
Table 1 shows the average annual salary for financial managers in Charleston-North Charleston-Summerville, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $191,060. The median (50th percentile) annual salary is $111,990. The average annual salary for the bottom 10 percent earners is $64,840.
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 | $111,990 | 10.40% | 10.28% |
| 2018 | $100,340 | -4.56% | - |
| 2017 | $104,920 | 4.76% | - |
| 2016 | $99,930 | -3.15% | - |
| 2015 | $103,080 | 2.11% | - |
| 2014 | $100,910 | 3.44% | - |
| 2013 | $97,440 | -3.12% | - |
| 2012 | $100,480 | - | - |
From Table 3 we note that the median annual salary of $111,990 in Charleston-North Charleston-Summerville is in the middle of salary range for financial managers in state of South Carolina. In comparison, the annual salary of financial managers in Charleston-North Charleston-Summerville is 24.7 percent (24.7%) lower than that in the highest paying Charlotte-Gastonia-Rock Hill and 30.5 percent (30.5%) higher than that in the lowest paying Pee Dee South Carolina nonmetropolitan area.