Financial Manager Salary in the United States
Based on 818K+ data points from BLS and H-1B filings
Median Annual Salary
$144,016
$69.238/hr
▲ 3.8% vs 2023Salary Range
$116K – $225K
10th – 90th percentile
Total Employed
818K
workers nationwide
Financial Manager salary in the United States averages $144,016 per year, reflecting strong compensation for this critical business role. With approximately 818,480 financial managers employed across the country, the position remains a stable career choice. However, actual earnings vary significantly, ranging from $115,910 to $224,650 annually depending on individual circumstances and market conditions.
Several factors influence Financial Manager salary in the United States, including years of experience, educational background, and professional certifications like CPA or CFA. Geographic location plays a substantial role, as major financial hubs typically offer higher compensation. Industry sector, company size, and specific job responsibilities also meaningfully impact earning potential, with larger corporations and specialized finance roles generally commanding premium salaries.
Salary Distribution — Financial Manager
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $115,910 |
| 25th percentile | $161,080 |
| Median (50th percentile) | $144,016 |
| 75th percentile | $212,990 |
| 90th percentile | $224,650 |
Financial Manager Salary by State
Top 10 Highest-Paying States for Financial Manager
| # | State | Median Salary | vs National | Employed |
|---|---|---|---|---|
| 1 | New York | $215,740 | +49.8% | 68K |
| 2 | New Jersey | $188,750 | +31.1% | 32K |
| 3 | District of Columbia | $181,210 | +25.8% | 8K |
| 4 | Massachusetts | $181,170 | +25.8% | 28K |
| 5 | Delaware | $180,050 | +25.0% | 3K |
| 6 | California | $174,920 | +21.5% | 97K |
| 7 | Colorado | $174,840 | +21.4% | 11K |
| 8 | Washington | $171,300 | +18.9% | 14K |
| 9 | Virginia | $170,290 | +18.2% | 21K |
| 10 | Connecticut | $169,730 | +17.9% | 20K |
Historical Salary Trend — Financial Manager
| Year | Median Salary (United States) |
|---|---|
| 2022 | $131,705 |
| 2023 | $138,788 |
| 2024 | $144,016 |
Financial Manager Salary by Experience Level
Frequently Asked Questions
How much do financial managers make per hour in the United States?
- Financial managers in the United States earn a median hourly rate of $69/hour, which translates to an annual median salary of $144,016. This hourly rate is based on the median compensation across all financial managers employed in the country.
What is the salary range for financial managers in the US?
- The salary range for financial managers in the United States spans from $115,910 at the lower end to $224,650 at the upper end. This wide range reflects differences in experience, location, company size, and individual qualifications.
Which city pays financial managers the most in America?
- New York is the top paying city for financial managers in the United States, with an average salary of $215,740. This significantly exceeds the national median of $144,016, reflecting the higher cost of living and concentration of major financial institutions in the area.
Is there high demand for financial managers in the United States?
- Yes, there is substantial demand for financial managers, with a total of 818,480 financial managers currently employed across the United States. This large employment base indicates consistent job opportunities in the field.