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Medical and Health Services Managers vs. Financial Managers: Who Earns More?

Financial Managerss out-earn Medical and Health Services Managerss by $43K a year at the national median, per BLS OEWS May 2025. Medical and Health Services Managerss land at $123,860 and Financial Managerss at $166,570. The education gap is real: medical and health services manager programs typically require bachelor's degree, while financial manager programs require bachelor's degree. Top-paying state for Medical and Health Services Managerss is New York ($164,120); for Financial Managerss it's New York ($219,880).

Medical and Health Services Managers
Financial Managers
Median salary
$123,860
$166,570
Hourly rate
$59.55/hr
$80.08/hr
Entry level (10th %)
$73,390
$94,310
Senior level (90th %)
$224,340
$323,270
Education required
Bachelor's degree
Bachelor's degree
U.S. employment
597,080
841,710
Job growth (10-year)
23.2%
14.8%
Category
Management
Management
Top-paying state
New York
New York

Pay by state

States where both occupations have BLS data, sorted by Medical and Health Services Managers median pay.

State
Medical and Health Services Managers
Financial Managers
New York
$164,120
$219,880
District of Columbia
$155,140
$188,880
New Jersey
$145,650
$199,110
Washington
$145,290
$174,840
California
$141,480
$180,770
Colorado
$134,910
$182,690
Delaware
$134,820
$181,580
Massachusetts
$134,360
$206,760
Georgia
$131,910
$166,790
Connecticut
$130,790
$174,830
Virginia
$129,270
$185,220
Rhode Island
$119,260
$166,940
Illinois
$117,850
$165,880
North Carolina
$114,410
$166,780
Texas
$114,150
$164,860

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

Common questions

Who earns more, Medical and Health Services Managerss or Financial Managerss?

Financial Managerss earn more nationally. The median is $123,860 for Medical and Health Services Managerss versus $166,570 for Financial Managerss, a difference of $43K. Per BLS OEWS May 2025.

Which has better job growth, Medical and Health Services Managers or Financial Managers?

Medical and Health Services Managers has the better 10-year outlook at 23.2% projected growth, compared to 14.8% for the other field. Both are from BLS Employment Projections.

Which requires more education, Medical and Health Services Managers or Financial Managers?

Medical and Health Services Managers typically requires bachelor's degree. Financial Managers requires bachelor's degree. Education requirements vary by employer and state licensing board.

Where do Medical and Health Services Managerss get paid the most?

New York is the top-paying state for Medical and Health Services Managerss at $164,120/year, per BLS OEWS May 2025. Major metro areas within that state typically pay even more than the state average.

How does Medical and Health Services Managers vs. Financial Managers pay differ by state?

The gap varies significantly by state. In New York, Medical and Health Services Managerss earn $164,120 vs. $219,880 for Financial Managerss. See the state comparison table on this page for the full picture.

Full Medical and Health Services Managers salary breakdownView →Full Financial Managers salary breakdownView →Best cities for Medical and Health Services Managerss by take-home payExplore →Best cities for Financial Managerss by take-home payExplore →How to become a medical and health services managersGuide →How to become a financial managersGuide →