Financial Managers Salary in U.S. (2024)
Financial Managers in U.S. make a median of $161,700 a year, or about $77.74 an hour. Entry-level workers start around $86K. (BLS did not publish a top-end figure for this area.)
Updated
AffordMap analysis of BLS Occupational Employment and Wage Statistics, May 2024
So what does $162K get you in U.S.?
About financial managers
Compensation breakdown
Annual earnings by percentile, U.S.
Entry-level financial managers (10th percentile) start around $86K. Mid-career wages sit at $162K.BLS did not publish 90th percentile data for this occupation in this area (sample size too small).
Financial Managers pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $216K | +33% | 67,510 |
| New Jersey | $189K | +17% | 32,370 |
| District of Columbia | $181K | +12% | 7,950 |
| Massachusetts | $181K | +12% | 27,690 |
| Delaware | $180K | +11% | 2,800 |
| California | $175K | +8% | 96,860 |
| Washington | $171K | +6% | 13,890 |
| Virginia | $170K | +5% | 20,590 |
| Connecticut | $170K | +5% | 20,200 |
| Georgia | $163K | +1% | 22,720 |
| Rhode Island | $160K | -1% | 2,310 |
| Texas | $160K | -1% | 67,580 |
| North Carolina | $160K | -1% | 21,170 |
| Illinois | $160K | -1% | 53,400 |
| Minnesota | $158K | -2% | 16,520 |
Track financial managers salary changes
BLS updates this data quarterly. We'll email you when U.S. numbers change.
Related careers in Management
Frequently asked questions
How much do financial managers make in U.S.?
The median is $161,700 a year - that works out to about $77.74 an hour. The range is wide: entry-level workers start around $86,490. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $162K enough to live in U.S.?
On that salary, you'd take home roughly $10,106/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 14% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial managers salary go in U.S.?
U.S. has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median financial managers salary is worth about $161,700 in national-average purchasing power.
Where do financial managers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.