The annual salary statistics of financial managers in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage statistics of financial managers in Des Moines-West Des Moines 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 | $67,260 |
| 25th Percentile Wage | $90,130 |
| 50th Percentile Wage | $120,310 |
| 75th Percentile Wage | $160,630 |
| 90th Percentile Wage | $207,770 |
Table 1 shows the average annual salary for financial managers in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,770. The median (50th percentile) annual salary is $120,310. The average annual salary for the bottom 10 percent earners is $67,260.
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 | $120,310 | 4.47% | 12.94% |
| 2018 | $114,930 | 2.63% | - |
| 2017 | $111,910 | 4.02% | - |
| 2016 | $107,410 | -0.75% | - |
| 2015 | $108,220 | -1.89% | - |
| 2014 | $110,260 | 4.26% | - |
| 2013 | $105,560 | 0.78% | - |
| 2012 | $104,740 | - | - |
From Table 3 we note that with a median annual salary of $120,310, Des Moines-West Des Moines is the highest paying city for financial managers in state of Iowa, followed by Cedar Rapids (median annual salary $110,150). In comparison, the median annual salary of financial managers in Des Moines-West Des Moines is 8.4 percent (8.4%) higher than that in Cedar Rapids.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Ames | |
| Dubuque | |
| Waterloo-Cedar Falls | |
| Southeast Iowa nonmetropolitan area | |
| Iowa City | |
| Northwest Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area |