Financial Managers pay in the United States

Goes furthest in New York
·Management·
842k jobs
Biggest filer JPMorgan Chase & Co.20 certified filings on public record
$80.08/hr median
841,710 employed
+10% to 2035
58% AI exposure
Bachelor's degree
54 states reported
and more...

What this work is

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Where the money actually goes furthest

New York pays the most both before and after cost of living — $219,880, worth $203,743 once local prices are counted.

Pay by state

54 states and territories publish a median for this occupation. Switch the ranking to see how much the order changes.

Adjusted for what things cost in that state.

Median pay for Financial Managers by state, ranked by what it is worth locally
StateHourlyAnnualWorth locallyAfter state taxJobs
New York$105.71/hr$219,880$203,743$207,73580,810
Massachusetts$99.40/hr$206,760$195,499$196,42226,150
Virginia$89.05/hr$185,220$183,204$175,31620,850
New Jersey$95.73/hr$199,110$182,988$188,55232,510
Delaware$87.30/hr$181,580$181,925$170,8262,810
South Dakota$76.78/hr$159,700$180,268$159,7001,000
Colorado$87.83/hr$182,690$177,282$175,54610,640
Kansas$76.62/hr$159,380$176,951$150,7755,190
North Carolina$80.18/hr$166,780$176,804$160,23322,460
Georgia$80.19/hr$166,790$173,216$158,75621,390
District of Columbia$90.81/hr$188,880$171,865$175,6668,930
Texas$79.26/hr$164,860$169,853$164,86071,870
Connecticut$84.05/hr$174,830$168,738$165,59020,040
Illinois$79.75/hr$165,880$165,946$157,80652,720
Minnesota$78.56/hr$163,410$165,696$153,32216,680
Washington$84.06/hr$174,840$163,386$174,84012,930
California$86.91/hr$180,770$163,267$167,93193,310
Rhode Island$80.26/hr$166,940$163,218$160,3102,570
Alabama$67.55/hr$140,500$158,185$133,6657,200
Missouri$68.97/hr$143,460$157,960$137,57413,330
Nebraska$67.48/hr$140,360$155,782$133,9705,630
Tennessee$67.79/hr$141,010$153,488$141,01017,630
North Dakota$65.33/hr$135,890$152,754$134,4702,140
Utah$72.33/hr$150,450$152,184$143,6048,860
Iowa$64.10/hr$133,320$151,914$128,8089,130
Ohio$67.73/hr$140,870$151,848$137,71227,360
Oregon$75.22/hr$156,460$151,373$142,9807,610
Maryland$76.32/hr$158,750$151,248$151,15719,770
Oklahoma$63.68/hr$132,460$150,796$126,6586,670
Pennsylvania$70.01/hr$145,610$149,236$141,13932,180
Wisconsin$67.17/hr$139,720$148,480$133,41215,530
Florida$73.69/hr$153,280$148,225$153,28048,910
Indiana$65.31/hr$135,840$145,548$131,79412,560
South Carolina$65.46/hr$136,160$145,237$129,3009,020
New Mexico$64.28/hr$133,700$144,995$127,7352,530
Kentucky$62.81/hr$130,650$144,909$125,5506,630
Michigan$67.01/hr$139,370$144,845$133,68422,490
Louisiana$60.96/hr$126,800$143,747$123,3717,070
New Hampshire$69.58/hr$144,730$138,936$144,7304,330
Arizona$67.23/hr$139,830$138,885$136,69914,900
Montana$63.01/hr$131,060$138,468$124,4421,510
Maine$64.24/hr$133,610$137,671$125,6093,120
Wyoming$60.06/hr$124,910$134,761$124,910730
Arkansas$56.05/hr$116,570$134,080$112,2007,120
Idaho$61.16/hr$127,210$133,218$121,2413,120
Nevada$63.70/hr$132,490$132,516$132,4908,090
Vermont$61.87/hr$128,690$131,369$122,0171,790
Mississippi$53.55/hr$111,390$128,108$106,5903,470
West Virginia$54.40/hr$113,140$126,413$108,5252,610
Alaska$61.07/hr$127,030$124,101$127,0302,020
Hawaii$64.52/hr$134,210$122,064$125,4383,790
Virgin Islands$45.67/hr$94,990Not publishedNot published170
Puerto Rico$43.59/hr$90,660Not publishedNot published3,800
Guam$38.65/hr$80,390Not publishedNot published380

National median for comparison: $166,570. “Worth locally” divides pay by the area’s price level, so a figure above the headline means money goes further there than the US average.

$166,570/year

$80.08/hr an hour, national median

Across the states

$63,760$328,210

25th to 75th percentile, lowest and highest state

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How much of this job could software do?

58%Moderate exposure
Hands, places, peopleLanguage and information

Both methods agree closely.

Method 1 — ability mix61%

Cognitive share of O*NET ability importance (element families 1.A.1–1.A.4), O*NET 31.0

Method 2 — task content56%

Importance-weighted share of O*NET tasks classed as language or information work, O*NET 31.0

What this does and does not mean

Exposure means a model could plausibly do a meaningful share of the tasks in this job. It is not a forecast that the job disappears, and it says nothing about whether any employer will actually automate it.

For what the labour market expects, the Bureau of Labor Statistics projects employment in this occupation to change by +10% between 2025 and 2035, with about 65,600 openings a year.

Which parts are exposed

  • Manage investment funds to maximize return on client investments.
  • Select specific investments or investment mixes for purchase by an investment fund.
  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
  • Select or direct the execution of trades.
  • Develop or implement fund investment policies or strategies.
  • Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.

Amber marks language and information work. Green marks tasks that need a person in a place.

What named employers said they would pay

From certified US Department of Labor visa filings. These are wages employers committed to for sponsored roles — not company-wide averages, and not necessarily what everyone in the job earns. Cells with fewer than three filings are withheld so no individual’s pay is identifiable.

EmployerRole as filedState25thMedian75thFilings
JPMorgan Chase & Co.Executive Director, Innovation Concept ManagerNY$203,750$225,000$277,50020
GOLDMAN SACHS & CO. LLCParticipating Managing DirectorNY$253,125$275,000$400,00016
Amazon.com Services LLCSenior Manager, FinanceWA$165,700$186,900$228,50015
EVERCORE PARTNERS SERVICES EAST LLCVice PresidentNY$205,000$262,500$287,50013
PayPal, Inc.Manager, Financial Planning & AnalysisCA$178,401$209,212$218,3948
NextEra Energy Resources, LLCDirector Project ValuationFL$158,207$201,750$216,0968
Kohlberg Kravis Roberts & Co. L.P.PrincipalNY$185,000$190,000$205,0007
Morgan Stanley & Co., LLCManaging DirectorNY$275,000$300,000$400,0007
Heidi Health Corp.Financial Manager, Sales DivisionNY$300,850$300,850$300,8507
Uber Technologies, Inc.Manager, Strategic InitiativesCA$170,300$182,450$214,7756
eBay Inc.Director, Finance 2CA$191,425$205,958$210,0756
Ecolab USA Inc.Financial Analysis Manager IMN$135,711$142,000$142,0006
American Express CompanyDirector, Risk ManagementNY$175,386$185,875$193,4426
Banco Santander, S.A. New York BranchExecutive Director, Investment BankingNY$230,000$240,000$291,2506
Moelis & Company Group LPExecutive DirectorNY$250,000$250,000$268,7506

Where financial managers move next

Occupations that share most of this one’s skills, with the pay difference and the change in AI exposure.

Location

San Diego, CA, United States of America (SAN-San Diego Intl.)

Photograph by Christina Morillo.