Financial Manager Salary in Connecticut
Based on 20K+ workers in Connecticut
Median Annual Salary (CT)
$174,830
$84.05/hr
vs National Average
$150,742
+16.0% vs national median
Salary Range (10th–90th)
$99K – $333K
20K employed in Connecticut
Financial Manager salary in Connecticut averages $174,830 annually, positioning the state as a competitive market for finance professionals. This median reflects compensation across approximately 20,040 employed financial managers throughout Connecticut. The state's robust financial services sector and proximity to major business hubs contribute to these robust earning potential figures.
Several factors influence Financial Manager salary in Connecticut, including years of experience, educational credentials, and industry specialization. Company size and profitability significantly impact compensation levels, with larger corporations and financial institutions typically offering higher salaries. Geographic location within the state, professional certifications like CPA or CFA, and career advancement into senior leadership roles also play crucial roles in determining individual earning potential.
Salary Distribution — Financial Manager in Connecticut
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $98,540 |
| 25th percentile | $135,540 |
| Median (50th percentile) | $174,830 |
| 75th percentile | $233,210 |
| 90th percentile | $333,370 |
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 Connecticut 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 Connecticut vs National
| Year | Median Salary (Connecticut) |
|---|---|
| 2022 | $157,820 |
| 2023 | $162,260 |
| 2024 | $169,730 |
| 2025 | $174,830 |
| 2026 (projected) | $180,083 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Connecticut Median | National Median |
|---|---|---|
| 2022 | $157,820 | $131,705 |
| 2023 | $162,260 | $138,788 |
| 2024 | $169,730 | $144,016 |
| 2025 | $174,830 | $150,742 |
| 2026 (projected) | $180,083 | $155,271 |
Financial Manager Salary by Experience Level in Connecticut
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $135,540 |
| Mid-level | 3-5 yrs | $174,830 |
| Senior | 6-9 yrs | $233,210 |
| Staff / Lead | 10+ yrs | $333,370 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in Connecticut
How other high-demand occupations in Connecticut compare to Financial Manager ($174,830 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Actuary in CT | $166,800 | -4.6% | $80.19/hr |
| Personal Financial Advisor in CT | $129,720 | -25.8% | $62.37/hr |
| Financial Examiner in CT | $120,530 | -31.1% | $57.95/hr |
| Financial Analyst in CT | $109,500 | -37.4% | $52.64/hr |
| Economist in CT | $101,400 | -42.0% | $48.75/hr |
| Securities Sales Agent in CT | $98,560 | -43.6% | $47.38/hr |
| Credit Analyst in CT | $98,230 | -43.8% | $47.23/hr |
| Accountant in CT | $97,550 | -44.2% | $46.90/hr |
| Loan Officer in CT | $95,730 | -45.2% | $46.02/hr |
| Budget Analyst in CT | $95,440 | -45.4% | $45.88/hr |
| Compliance Officer in CT | $91,810 | -47.5% | $44.14/hr |
| Insurance Sales Agent in CT | $74,840 | -57.2% | $35.98/hr |
Frequently Asked Questions
How much do financial managers make in Connecticut?
- Financial managers in Connecticut earn a median salary of $174,830 per year, or $84 per hour. This is 16% higher than the national average, making Connecticut one of the better-paying states for this profession.
What is the salary range for financial managers in Connecticut?
- Financial manager salaries in Connecticut range from $98,540 at the lower end to $333,370 at the upper end, depending on experience, employer, and specialization.
How many financial managers are employed in Connecticut?
- There are approximately 20,040 financial managers currently employed in Connecticut, indicating a substantial job market for this profession in the state.
Is the financial manager salary in Connecticut above the national average?
- Yes, Connecticut's financial manager median salary of $174,830 is significantly above the national average, representing a 16% premium compared to the rest of the United States.