The annual salary statistics of financial managers in Kennewick-Pasco-Richland, Washington is shown in Table 1. The wage data of financial managers in Kennewick-Pasco-Richland 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 | $73,730 |
| 25th Percentile Wage | $86,690 |
| 50th Percentile Wage | $115,690 |
| 75th Percentile Wage | $151,070 |
| 90th Percentile Wage | $198,040 |
Table 1 shows the average annual salary for financial managers in Kennewick-Pasco-Richland, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $198,040. The median (50th percentile) annual salary is $115,690. The average annual salary for the bottom 10 percent earners is $73,730.
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 | $115,690 | 1.94% | 11.46% |
| 2018 | $113,440 | 8.17% | - |
| 2017 | $104,170 | 7.00% | - |
| 2016 | $96,880 | -1.98% | - |
| 2015 | $98,800 | 0.16% | - |
| 2014 | $98,640 | -8.09% | - |
| 2013 | $106,620 | 3.93% | - |
| 2012 | $102,430 | - | - |
From Table 3 we note that the median annual salary of $115,690 in Kennewick-Pasco-Richland is in the middle of salary range for financial managers in state of Washington. In comparison, the annual salary of financial managers in Kennewick-Pasco-Richland is 16.9 percent (16.9%) lower than that in the highest paying Seattle-Tacoma-Bellevue and 39.1 percent (39.1%) higher than that in the lowest paying Southwestern Washington nonmetropolitan area.