The annual salary statistics of financial managers in Hagerstown-Martinsburg, West Virginia is shown in Table 1. The wage data of financial managers in Hagerstown-Martinsburg 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 | $61,190 |
| 25th Percentile Wage | $77,060 |
| 50th Percentile Wage | $110,020 |
| 75th Percentile Wage | $153,010 |
| 90th Percentile Wage | $174,460 |
Table 1 shows the average annual salary for financial managers in Hagerstown-Martinsburg, West Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $174,460. The median (50th percentile) annual salary is $110,020. The average annual salary for the bottom 10 percent earners is $61,190.
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 | $110,020 | 1.65% | 25.42% |
| 2018 | $108,210 | -1.52% | - |
| 2017 | $109,850 | 10.31% | - |
| 2016 | $98,520 | -12.19% | - |
| 2015 | $110,530 | 16.14% | - |
| 2014 | $92,690 | 7.56% | - |
| 2013 | $85,680 | 4.24% | - |
| 2012 | $82,050 | - | - |
From Table 3 we note that the median annual salary of $110,020 in Hagerstown-Martinsburg is in the middle of salary range for financial managers in state of West Virginia. In comparison, the annual salary of financial managers in Hagerstown-Martinsburg is 25.5 percent (25.5%) lower than that in the highest paying Washington-Arlington-Alexandria and 42.7 percent (42.7%) higher than that in the lowest paying Southern West Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Washington-Arlington-Alexandria | |
| Winchester | |
| Hagerstown-Martinsburg | |
| Wheeling | |
| Parkersburg-Marietta-Vienna | |
| Morgantown | |
| North Central West Virginia nonmetropolitan area | |
| Charleston | |
| Weirton-Steubenville | |
| Cumberland | |
| Beckley | |
| Huntington-Ashland | |
| Steubenville-Weirton | |
| Southern West Virginia nonmetropolitan area |