The annual salary statistics of financial managers in McAllen-Edinburg-Mission, Texas is shown in Table 1. The wage data of financial managers in McAllen-Edinburg-Mission 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 | $59,130 |
| 25th Percentile Wage | $69,800 |
| 50th Percentile Wage | $86,910 |
| 75th Percentile Wage | $116,900 |
| 90th Percentile Wage | $133,970 |
Table 1 shows the average annual salary for financial managers in McAllen-Edinburg-Mission, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $133,970. The median (50th percentile) annual salary is $86,910. The average annual salary for the bottom 10 percent earners is $59,130.
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 | $86,910 | -2.69% | 6.10% |
| 2018 | $89,250 | -12.69% | - |
| 2017 | $100,580 | 1.13% | - |
| 2016 | $99,440 | 7.90% | - |
| 2015 | $91,580 | 15.66% | - |
| 2014 | $77,240 | -0.39% | - |
| 2013 | $77,540 | -5.25% | - |
| 2012 | $81,610 | - | - |
From Table 3 we note that the median annual salary of $86,910 in McAllen-Edinburg-Mission is in the middle of salary range for financial managers in state of Texas. In comparison, the annual salary of financial managers in McAllen-Edinburg-Mission is 38.4 percent (38.4%) lower than that in the highest paying Dallas-Fort Worth-Arlington and 20.5 percent (20.5%) higher than that in the lowest paying Brownsville-Harlingen.