Financial Managers salary
Business & finance · OCC code 11-3031 · gross annual wage · BLS OEWS May 2024
Financial Managers in the US earn a median of $161,700 per year (mean $180,470) as of the BLS OEWS May 2024 survey — that is +226.7% versus the $49,500 median for all US jobs, more than 2.5x the US median wage for all jobs. The middle half earn between $118,360 and $214,210; the top 10% earn $239,200+ or more. The median hourly wage is $77.74. About 818,620 are employed nationally. The highest-paying state is New York ($215,740). Wages are gross (pre-tax) and vary by employer, experience and location.
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
Financial Managers pay range (national percentiles)
What financial managers earn across the pay distribution, nationally (BLS OEWS, May 2024):
| Pay level | Annual wage |
|---|---|
| 10th percentile (lowest-paid 10%) | $86,490 |
| 25th percentile | $118,360 |
| Median (50th percentile) | $161,700 |
| Mean (average) | $180,470 |
| 75th percentile | $214,210 |
| 90th percentile (highest-paid 10%) | $239,200+ |
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
A dash (—) means BLS did not release that figure; a plus (+) means the wage is at or above the BLS top code of $239,200/yr. See what wage percentiles mean or check where your salary ranks.
Financial Managers salary by state
Median and mean wage for financial managers in each of the 51 states with published data, highest median first. The national median is $161,700.
| # | State | Median | Mean | Employment |
|---|---|---|---|---|
| 1 | New York | $215,740 | $244,250 | 67,510 |
| 2 | New Jersey | $188,750 | $211,620 | 32,370 |
| 3 | District of Columbia | $181,210 | $196,900 | 7,950 |
| 4 | Massachusetts | $181,170 | $204,840 | 27,690 |
| 5 | Delaware | $180,050 | $196,990 | 2,800 |
| 6 | California | $174,920 | $210,640 | 96,860 |
| 7 | Colorado | $174,840 | $198,380 | 11,460 |
| 8 | Washington | $171,300 | $190,600 | 13,890 |
| 9 | Virginia | $170,290 | $187,160 | 20,590 |
| 10 | Connecticut | $169,730 | $195,700 | 20,200 |
| 11 | Georgia | $163,450 | $181,800 | 22,720 |
| 12 | Rhode Island | $160,490 | $173,800 | 2,310 |
| 13 | Texas | $160,350 | $172,530 | 67,580 |
| 14 | North Carolina | $160,340 | $176,900 | 21,170 |
| 15 | Illinois | $159,990 | $177,310 | 53,400 |
| 16 | Minnesota | $158,040 | $170,550 | 16,520 |
| 17 | Maryland | $157,350 | $167,280 | 19,920 |
| 18 | South Dakota | $152,020 | $168,970 | 870 |
| 19 | Oregon | $147,240 | $169,430 | 7,230 |
| 20 | Florida | $143,100 | $167,830 | 47,710 |
| 21 | New Hampshire | $141,520 | $161,010 | 4,090 |
| 22 | Kansas | $138,980 | $154,730 | 4,820 |
| 23 | Alabama | $138,040 | $153,650 | 6,390 |
| 24 | Pennsylvania | $137,960 | $157,710 | 31,750 |
| 25 | Utah | $137,760 | $158,110 | 8,670 |
| 26 | Wisconsin | $137,530 | $154,510 | 13,750 |
| 27 | Michigan | $135,290 | $153,860 | 19,690 |
| 28 | Maine | $134,410 | $168,440 | 3,040 |
| 29 | Nebraska | $134,410 | $151,460 | 5,480 |
| 30 | Vermont | $133,720 | $146,110 | 1,960 |
| 31 | Missouri | $133,560 | $152,020 | 12,710 |
| 32 | Ohio | $133,450 | $151,520 | 27,920 |
| 33 | Tennessee | $133,010 | $154,180 | 18,650 |
| 34 | Indiana | $132,320 | $146,180 | 11,440 |
| 35 | Arizona | $132,290 | $152,100 | 14,570 |
| 36 | Iowa | $130,600 | $142,600 | 9,400 |
| 37 | North Dakota | $130,070 | $151,000 | 1,960 |
| 38 | South Carolina | $127,610 | $145,180 | 9,380 |
| 39 | Hawaii | $127,370 | $137,840 | 3,420 |
| 40 | Oklahoma | $126,890 | $145,650 | 6,000 |
| 41 | Montana | $126,190 | $143,990 | 1,400 |
| 42 | Kentucky | $125,490 | $137,650 | 6,120 |
| 43 | Nevada | $124,560 | $141,580 | 7,240 |
| 44 | Idaho | $123,570 | $136,070 | 2,720 |
| 45 | Alaska | $122,770 | $134,970 | 2,090 |
| 46 | New Mexico | $122,180 | $134,210 | 2,430 |
| 47 | Louisiana | $119,360 | $131,920 | 7,320 |
| 48 | Wyoming | $118,390 | $131,050 | 660 |
| 49 | Mississippi | $105,970 | $123,590 | 3,730 |
| 50 | West Virginia | $105,760 | $121,900 | 2,430 |
| 51 | Arkansas | $103,410 | $128,690 | 6,500 |
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
Highest median: New York ($215,740). Lowest: Arkansas ($103,410).
Similar-paying jobs
| Occupation | Median wage | Mean wage | vs US median |
|---|---|---|---|
| Financial Managers (this job) | $161,700 | $180,470 | +226.7% |
| Marketing Managers | $161,030 | $171,520 | +225.3% |
| Judges, Magistrate Judges, and Magistrates | $156,210 | $143,110 | +215.6% |
| Architectural and Engineering Managers | $167,740 | $175,710 | +238.9% |
| Computer and Information Systems Managers | $171,200 | $187,990 | +245.9% |
| Lawyers | $151,160 | $182,760 | +205.4% |
Marketing Managers · Judges, Magistrate Judges, and Magistrates · Architectural and Engineering Managers · Computer and Information Systems Managers · Lawyers
Frequently asked questions
How much do financial managers make?
Financial Managers earn a national median of $161,700 per year (mean $180,470) as of the BLS OEWS May 2024 survey. The middle half earn between $118,360 (25th percentile) and $214,210 (75th percentile); the top 10% earn $239,200+ or more and the bottom 10% earn under $86,490. These are gross, pre-tax wages.
What is the hourly wage for financial managers?
The median hourly wage is $77.74 and the mean is $86.76 (BLS OEWS, May 2024). BLS reports some occupations only as annual wages, in which case hourly figures are shown as a dash.
Which state pays financial managers the most?
New York has the highest median wage for financial managers at $215,740, versus a national median of $161,700. State pay reflects local cost of living, demand and industry mix. See the full state table on this page.
How many financial managers are there in the US?
BLS estimates about 818,620 financial managers are employed in the US (OEWS, May 2024). Among the 124 occupations tracked here, this job ranks #7 of 124 by median pay.
Keep exploring
Sources & accuracy
Wages: BLS Occupational Employment and Wage Statistics (OEWS), May 2024 (OCC 11-3031), gross annual wages, U.S. public domain, retrieved June 2026. OEWS figures are survey estimates and reflect pay before tax. Your actual pay depends on employer, experience, certifications, industry and location. This is information, not financial or career advice — see our methodology and disclaimer.
Last updated: 2026-06-20