Financial Managers salary

SOC 11-3031 · BLS OEWS May 2025

Median

$166,570

per year, nationally

Middle half

$125,490–$219,980

25th to 75th percentile

Employed

841,710

in the U.S.

Growth 2024–34

+14.8%

74,600 openings/yr

What the range looks like

A single median hides most of what a job pays. The bar below is the full national range: the wash spans the 10th to 90th percentile, the solid bar is the middle half, and the tick is the median.

$94,310$323,270

10th: $94,310
25th: $125,490
Median: $166,570
75th: $219,980
90th: $323,270

Getting in

Typical education to enter: Bachelor's degree
Related work experience: 5 years or more
On-the-job training: None

Entry requirements describe what is typical, not mandatory. Source: BLS Employment Projections, 2024–34.

Where financial managers earn the most

Nominal pay and pay adjusted for local prices rank states differently — a high-wage state with high costs can be worse off in real terms than a middling one. Switch between the two below.

The median wage as published, before local prices are taken into account.

#	State	Median	Cost of living	Employed	Concentrationvs. national
1	New York	$219,880	107.9	80,810	1.54×
2	Massachusetts	$206,760	105.8	26,150	1.33×
3	New Jersey	$199,110	108.8	32,510	1.40×
4	District of Columbia	$188,880	109.9	8,930	2.35×
5	Virginia	$185,220	101.1	20,850	0.94×
6	Colorado	$182,690	103.1	10,640	0.68×
7	Delaware	$181,580	99.8	2,810	1.07×
8	California	$180,770	110.7	93,310	0.95×
9	Washington	$174,840	107.0	12,930	0.67×
10	Connecticut	$174,830	103.6	20,040	2.18×
11	Rhode Island	$166,940	102.3	2,570	0.95×
12	Georgia	$166,790	96.3	21,390	0.81×
13	North Carolina	$166,780	94.3	22,460	0.84×
14	Illinois	$165,880	100.0	52,720	1.60×
15	Texas	$164,860	97.1	71,870	0.94×
16	Minnesota	$163,410	98.6	16,680	1.04×
17	South Dakota	$159,700	88.6	1,000	0.40×
18	Kansas	$159,380	90.1	5,190	0.67×
19	Maryland	$158,750	105.0	19,770	1.32×
20	Oregon	$156,460	103.4	7,610	0.71×
21	Florida	$153,280	103.4	48,910	0.91×
22	Utah	$150,450	98.9	8,860	0.94×
23	Pennsylvania	$145,610	97.6	32,180	0.98×
24	New Hampshire	$144,730	104.2	4,330	1.17×
25	Missouri	$143,460	90.8	13,330	0.84×
26	Tennessee	$141,010	91.9	17,630	0.99×
27	Ohio	$140,870	92.8	27,360	0.91×
28	Alabama	$140,500	88.8	7,200	0.63×
29	Nebraska	$140,360	90.1	5,630	1.02×
30	Arizona	$139,830	100.7	14,900	0.85×
31	Wisconsin	$139,720	94.1	15,530	0.98×
32	Michigan	$139,370	96.2	22,490	0.94×
33	South Carolina	$136,160	93.7	9,020	0.72×
34	North Dakota	$135,890	89.0	2,140	0.92×
35	Indiana	$135,840	93.3	12,560	0.73×
36	Hawaii	$134,210	110.0	3,790	1.12×
37	New Mexico	$133,700	92.2	2,530	0.54×
38	Maine	$133,610	97.0	3,120	0.90×
39	Iowa	$133,320	87.8	9,130	1.08×
40	Nevada	$132,490	100.0	8,090	0.96×
41	Oklahoma	$132,460	87.8	6,670	0.72×
42	Montana	$131,060	94.6	1,510	0.55×
43	Kentucky	$130,650	90.2	6,630	0.61×
44	Vermont	$128,690	98.0	1,790	1.09×
45	Idaho	$127,210	95.5	3,120	0.67×
46	Alaska	$127,030	102.4	2,020	1.14×
47	Louisiana	$126,800	88.2	7,070	0.68×
48	Wyoming	$124,910	92.7	730	0.48×
49	Arkansas	$116,570	86.9	7,120	1.01×
50	West Virginia	$113,140	89.5	2,610	0.69×
51	Mississippi	$111,390	87.0	3,470	0.55×

Cost of living is the BEA regional price parity for all items, where 100 is the national average. Concentration is the BLS location quotient: how much more of the local workforce does this job than the national average, so 2.00× means twice the national share. It is often the reason wages differ — a place that concentrates an occupation has the employers and the competition for it. States where financial managers wages are suppressed by BLS for confidentiality are omitted.

Best paying metro areas for financial managers

The 40 highest-paying metros with a published estimate. BLS suppresses roughly half of all occupation-by-metro cells, so a metro absent here has no local figure rather than a low one.

The median wage as published, before local prices are taken into account.

#	Metro area	Median	Cost of living	Employed	Concentrationvs. national
1	San Jose-Sunnyvale-Santa Clara, CA	$225,280	110.4	7,970	1.30×
2	New York-Newark-Jersey City, NY-NJ	$221,010	112.6	89,960	1.75×
3	San Francisco-Oakland-Fremont, CA	$216,150	115.6	17,040	1.33×
4	Bridgeport-Stamford-Danbury, CT	$211,000	106.9	7,210	3.29×
5	Boston-Cambridge-Newton, MA-NH	$209,780	108.3	21,650	1.48×
6	Denver-Aurora-Centennial, CO	$193,400	105.8	7,490	0.86×
7	Boulder, CO	$192,970	105.2	700	0.67×
8	Seattle-Tacoma-Bellevue, WA	$185,550	111.1	8,500	0.75×
9	Washington-Arlington-Alexandria, DC-VA-MD-WV	$185,270	108.9	26,430	1.56×
10	Trenton-Princeton, NJ	$184,800	103.2	2,460	1.89×
11	Springfield, MA	$175,950	96.1	920	0.85×
12	Fort Collins-Loveland, CO	$175,890	101.1	450	0.49×
13	Los Angeles-Long Beach-Anaheim, CA	$175,310	113.6	34,480	1.02×
14	San Diego-Chula Vista-Carlsbad, CA	$174,210	111.9	7,350	0.88×
15	Richmond, VA	$173,140	97.9	3,480	0.97×
16	Midland, MI	$173,080	91.9	310	1.52×
17	Charlotte-Concord-Gastonia, NC-SC	$172,760	97.3	9,290	1.26×
18	Colorado Springs, CO	$172,680	100.7	710	0.42×
19	Greeley, CO	$172,530	100.2	270	0.42×
20	Midland, TX	$172,520	95.8	800	1.20×
21	Lawrence, KS	$171,290	90.2	170	0.60×
22	Atlanta-Sandy Springs-Roswell, GA	$171,240	100.1	15,660	1.00×
23	Worcester, MA	$170,940	102.5	1,560	0.82×
24	Hartford-West Hartford-East Hartford, CT	$170,310	102.7	7,540	2.32×
25	Charlottesville, VA	$170,250	99.1	450	0.73×
26	Oxnard-Thousand Oaks-Ventura, CA	$169,900	110.5	1,330	0.76×
27	Syracuse, NY	$169,270	95.7	1,220	0.75×
28	Dallas-Fort Worth-Arlington, TX	$169,200	103.1	26,600	1.21×
29	Chicago-Naperville-Elgin, IL-IN	$168,810	103.6	41,590	1.70×
30	Kennewick-Richland, WA	$168,000	100.1	310	0.44×
31	Rochester, NY	$167,800	97.0	2,190	0.82×
32	Providence-Warwick, RI-MA	$167,570	101.8	3,280	0.85×
33	Waterbury-Shelton, CT	$167,320	99.8	1,090	1.25×
34	Austin-Round Rock-San Marcos, TX	$167,180	98.1	7,210	1.03×
35	New Haven, CT	$166,990	104.6	2,030	1.33×
36	Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	$166,920	102.6	18,520	1.18×
37	Houston-Pasadena-The Woodlands, TX	$166,910	98.6	18,570	1.04×
38	Santa Cruz-Watsonville, CA	$165,800	109.9	400	0.75×
39	Minneapolis-St. Paul-Bloomington, MN-WI	$165,620	104.8	12,460	1.18×
40	Durham-Chapel Hill, NC	$165,470	97.6	1,710	0.92×

Cost of living is the BEA regional price parity for all items, where 100 is the national average. Concentration is the BLS location quotient: how much more of the local workforce does this job than the national average, so 2.00× means twice the national share. It is often the reason wages differ — a place that concentrates an occupation has the employers and the competition for it. Metro areas where financial managers wages are suppressed by BLS for confidentiality are omitted.

Similar occupations

Other jobs in the same field, with what each pays nationally.

Computer and Information Systems Managers$175,140
Administrative Services Managers$114,130
Industrial Production Managers$126,060
Transportation, Storage, and Distribution Managers$107,230
Human Resources Managers$149,280
Facilities Managers$106,660
Purchasing Managers$148,080
Training and Development Managers$133,000