:
Go
North Dakota Earnings
North Dakota Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Bismarck MSA
|
$136,890 or $65.81/hr
|
$82,640 or $39.73/hr
|
$205,700 or $98.89/hr
|
Fargo ND-MN MSA
|
$142,260 or $68.39/hr
|
$81,160 or $39.02/hr
|
$213,130 or $102.47/hr
|
Grand Forks ND-MN MSA
|
$142,480 or $68.50/hr
|
$76,940 or $36.99/hr
|
$218,240 or $104.93/hr
|
North Dakota Geographical Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
East North Dakota nonmetropolitan area
|
$118,710 or $57.07/hr
|
$64,270 or $30.90/hr
|
$196,870 or $94.65/hr
|
West North Dakota nonmetropolitan area
|
$132,390 or $63.65/hr
|
$72,070 or $34.65/hr
|
$200,530 or $96.41/hr
|
North Dakota's Employment and Outlook (State-wide)
Outlook
|
Increasing Growth rate is estimated to be 24%
|
Job Openings
|
160 estimated annual job openings
|
Employment
|
1,484 were employed in this occupation
|
Industries
|
Large concentrations of this occupation are found in these industries
-
Elementary and Secondary Schools (NAICS611100) (7.12%)
-
Nondepository credit intermediation (NAICS522200) (3.42%)
-
Insurance carriers (NAICS524100) (2.59%)
-
General Medical and Surgical Hospitals (NAICS622100) (2.59%)
-
Colleges, Universities, and Professional Schools (NAICS611300) (2.22%)
|
Regions with increasing outlook (over 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 1
|
79
|
32%
|
2
|
7
|
9
|
Region 2
|
132
|
23%
|
3
|
11
|
14
|
Region 5
|
533
|
29%
|
16
|
45
|
61
|
Region 8
|
72
|
26%
|
2
|
6
|
8
|
Regions with stable outlook (0 to 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 3
|
50
|
10%
|
|
4
|
4
|
Region 4
|
143
|
15%
|
2
|
12
|
14
|
Region 6
|
101
|
9%
|
1
|
8
|
9
|
Region 7
|
347
|
20%
|
7
|
28
|
35
|
National Earnings
The earnings information below is for the occupational group Financial Managers. The occupation Treasurer/Controller is part of this group.
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
Outlook
|
stable
|
|
The employment change from 2021 to 2031 is estimated to be +17%.
(The National average for all occupations is +5%)
|
Job Openings
|
very small number
|
|
A total of 7130 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
|
Employment
|
large occupation
|
|
This was a large occupation in the United States, employing 730,800 workers in 2021.
(The National average for all occupations is 142,207 workers)
|
Growth
|
Much faster than average growth
|
|
In recent years, companies have accumulated more cash on their balance sheets, particularly among those with operations in foreign countries. As globalization continues, this trend is likely to persist. This should lead to demand for financial managers as companies will be in need of cash management expertise.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (29.7%)
- Credit intermediation and related activities (NAICS522000) (16.4%)
- Professional, scientific, and technical services (NAICS540000) (14.8%)
- Management of companies and enterprises (NAICS550000) (10.1%)
- Management of companies and enterprises (NAICS551000) (10.1%)
- Insurance carriers and related activities (NAICS524000) (7.1%)
- Accounting, tax preparation, bookkeeping, and payroll services (NAICS541200) (6.9%)
|