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Salary comparison

Industrial Production Managers vs. Financial Managers: Who Earns More?

Financial Managers out-earn Industrial Production Managers by $41K a year at the national median, per BLS OEWS May 2025. Industrial Production Managers land at $126,060 and Financial Managers at $166,570. The education gap is real: industrial production manager programs typically require bachelor's degree, while financial manager programs require bachelor's degree. Top-paying state for Industrial Production Managers is Delaware ($153,000); for Financial Managers it's New York ($219,880).

Industrial Production Managers
Financial Managers
Median salary
$126,060
$166,570
Hourly rate
$60.61/hr
$80.08/hr
Entry level (10th %)
$78,000
$94,310
Senior level (90th %)
$205,520
$323,270
Education required
Bachelor's degree
Bachelor's degree
U.S. employment
246,250
841,710
Job growth (10-year)
1.9%
14.8%
Category
Management
Management
Top-paying state
Delaware
New York

Pay by state

States where both occupations have BLS data, sorted by Industrial Production Managers median pay.

State
Industrial Production Managers
Financial Managers
Delaware
$153,000
$181,580
Massachusetts
$148,050
$206,760
New Jersey
$147,260
$199,110
Washington
$145,210
$174,840
Colorado
$141,020
$182,690
Connecticut
$134,780
$174,830
California
$132,620
$180,770
Texas
$130,890
$164,860
New York
$130,470
$219,880
Virginia
$128,230
$185,220
Georgia
$127,820
$166,790
Illinois
$127,270
$165,880
North Carolina
$125,940
$166,780
District of Columbia
$124,420
$188,880
Rhode Island
$124,120
$166,940

Source: BLS OEWS May 2025. Highlighted value is higher in each row.

Common questions

Who earns more, Industrial Production Managers or Financial Managers?

Financial Managers earn more nationally. The median is $126,060 for Industrial Production Managers versus $166,570 for Financial Managers, a difference of $41K. Per BLS OEWS May 2025.

Which has better job growth, Industrial Production Managers or Financial Managers?

Financial Managers has the better 10-year outlook at 14.8% projected growth, compared to 1.9% for the other field. Both are from BLS Employment Projections.

Which requires more education, Industrial Production Managers or Financial Managers?

Industrial Production Managers typically requires bachelor's degree. Financial Managers requires bachelor's degree. Education requirements vary by employer and state licensing board.

Where do Industrial Production Managers get paid the most?

Delaware is the top-paying state for Industrial Production Managers at $153,000/year, per BLS OEWS May 2025. Major metro areas within that state typically pay even more than the state average.

How does Industrial Production Managers vs. Financial Managers pay differ by state?

The gap varies significantly by state. In Delaware, Industrial Production Managers earn $153,000 vs. $181,580 for Financial Managers. See the state comparison table on this page for the full picture.

Full Industrial Production Managers salary breakdownView →Full Financial Managers salary breakdownView →Best cities for Industrial Production Managers by take-home payExplore →Best cities for Financial Managers by take-home payExplore →How to become a industrial production managersGuide →How to become a financial managersGuide →