Financial Manager Salary in Alabama
Based on 7K+ workers in Alabama
Median Annual Salary (AL)
$140,500
$67.55/hr
vs National Average
$150,742
-6.8% vs national median
Salary Range (10th–90th)
$86K – $257K
7K employed in Alabama
Financial Manager salary in Alabama averages $138,040 per year, which is approximately 4% below the national average. With roughly 6,390 financial managers employed throughout the state, Alabama offers a moderate job market for professionals in this field. While competitive, the median compensation reflects the regional cost of living and industry demand.
Several factors influence financial manager salaries in Alabama, including years of experience, industry sector, company size, and educational credentials. Professionals working in larger metropolitan areas or specialized sectors like healthcare and finance typically earn more than those in smaller markets. Additionally, advanced certifications such as CPA or CFA designations often correlate with higher compensation packages for financial managers in the state.
Salary Distribution — Financial Manager in Alabama
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $86,340 |
| 25th percentile | $108,390 |
| Median (50th percentile) | $140,500 |
| 75th percentile | $191,080 |
| 90th percentile | $256,750 |
Top-Paying Industries for Financial Manager (U.S.)
Which industries pay Financial Managers the most — nationwide figures (industry-level data is not available by state). Financial Managers in Alabama tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Information | $205,070 | 24K |
| Mining, Quarrying, and Oil and Gas Extraction | $193,560 | 4K |
| Utilities | $175,360 | 5K |
| Professional, Scientific, and Technical Services | $174,170 | 123K |
| Management of Companies and Enterprises | $172,340 | 94K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Financial Manager in Alabama vs National
| Year | Median Salary (Alabama) |
|---|---|
| 2022 | $127,210 |
| 2023 | $134,080 |
| 2024 | $138,040 |
| 2025 | $140,500 |
| 2026 (projected) | $143,004 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Alabama Median | National Median |
|---|---|---|
| 2022 | $127,210 | $131,705 |
| 2023 | $134,080 | $138,788 |
| 2024 | $138,040 | $144,016 |
| 2025 | $140,500 | $150,742 |
| 2026 (projected) | $143,004 | $153,428 |
Financial Manager Salary by Experience Level in Alabama
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $108,390 |
| Mid-level | 3-5 yrs | $140,500 |
| Senior | 6-9 yrs | $191,080 |
| Staff / Lead | 10+ yrs | $256,750 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in Alabama
How other high-demand occupations in Alabama compare to Financial Manager ($140,500 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Actuary in AL | $136,950 | -2.5% | $65.84/hr |
| Economist in AL | $129,960 | -7.5% | $62.48/hr |
| Budget Analyst in AL | $99,490 | -29.2% | $47.83/hr |
| Financial Analyst in AL | $91,290 | -35.0% | $43.89/hr |
| Tax Examiner in AL | $87,110 | -38.0% | $41.88/hr |
| Credit Analyst in AL | $79,970 | -43.1% | $38.45/hr |
| Personal Financial Advisor in AL | $77,990 | -44.5% | $37.50/hr |
| Accountant in AL | $74,880 | -46.7% | $36.00/hr |
| Compliance Officer in AL | $72,990 | -48.0% | $35.09/hr |
| Loan Officer in AL | $66,710 | -52.5% | $32.07/hr |
| Insurance Sales Agent in AL | $65,510 | -53.4% | $31.50/hr |
| Securities Sales Agent in AL | $49,230 | -65.0% | $23.67/hr |
Frequently Asked Questions
How much do financial managers make in Alabama?
- The median salary for financial managers in Alabama is $138,040 per year, or approximately $66 per hour. This is 4.1% lower than the national average for this position.
What is the salary range for financial managers in Alabama?
- Financial managers in Alabama earn between $84,440 at the lower end and higher amounts at the top of the range. The median salary of $138,040 represents the middle point for the 6,390 financial managers employed in the state.
Is a financial manager salary in Alabama competitive compared to the US average?
- Alabama's financial manager median salary of $138,040 is slightly below the national average, falling 4.1% lower. However, with 6,390 financial managers employed in the state, there is a substantial job market for this profession.
What hourly rate do financial managers earn in Alabama?
- Financial managers in Alabama earn a median hourly rate of $66, which equates to an annual salary of $138,040. This hourly figure can help you understand compensation if you're considering contract or part-time financial management work.