Financial Manager Salary in Tennessee
Based on 18K+ workers in Tennessee
Median Annual Salary (TN)
$141,010
$67.79/hr
vs National Average
$150,742
-6.5% vs national median
Salary Range (10th–90th)
$83K – $289K
18K employed in Tennessee
The average Financial Manager salary in Tennessee hovers around $141,010 annually, placing it slightly below the national median. This figure represents the midpoint, with most professionals in this role earning between $83,080 and $288,750 per year. Currently, approximately 17,630 individuals are employed as Financial Managers across the state, contributing to a vital sector of the Tennessee economy.
Several factors influence the Financial Manager salary in Tennessee. Experience level, the size and industry of the employing company, and the specific responsibilities of the role all play a significant part in determining an individual's compensation. Furthermore, geographic location within Tennessee can also impact salary, with larger metropolitan areas potentially offering higher pay due to greater demand and cost of living.
Salary Distribution — Financial Manager in Tennessee
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $83,080 |
| 25th percentile | $107,450 |
| Median (50th percentile) | $141,010 |
| 75th percentile | $194,620 |
| 90th percentile | $288,750 |
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 Tennessee 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 Tennessee vs National
| Year | Median Salary (Tennessee) |
|---|---|
| 2022 | $129,970 |
| 2023 | $129,970 |
| 2024 | $133,010 |
| 2025 | $141,010 |
| 2026 (projected) | $149,471 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Tennessee Median | National Median |
|---|---|---|
| 2022 | $129,970 | $131,705 |
| 2023 | $129,970 | $138,788 |
| 2024 | $133,010 | $144,016 |
| 2025 | $141,010 | $150,742 |
| 2026 (projected) | $149,471 | $159,787 |
Financial Manager Salary by Experience Level in Tennessee
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $107,450 |
| Mid-level | 3-5 yrs | $141,010 |
| Senior | 6-9 yrs | $194,620 |
| Staff / Lead | 10+ yrs | $288,750 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in Tennessee
How other high-demand occupations in Tennessee compare to Financial Manager ($141,010 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Economist in TN | $117,650 | -16.6% | $56.56/hr |
| Actuary in TN | $108,930 | -22.8% | $52.37/hr |
| Financial Analyst in TN | $92,990 | -34.1% | $44.71/hr |
| Financial Examiner in TN | $87,110 | -38.2% | $41.88/hr |
| Budget Analyst in TN | $86,570 | -38.6% | $41.62/hr |
| Personal Financial Advisor in TN | $84,160 | -40.3% | $40.46/hr |
| Accountant in TN | $76,840 | -45.5% | $36.94/hr |
| Credit Analyst in TN | $72,550 | -48.5% | $34.88/hr |
| Tax Examiner in TN | $69,240 | -50.9% | $33.29/hr |
| Compliance Officer in TN | $63,960 | -54.6% | $30.75/hr |
| Loan Officer in TN | $62,800 | -55.5% | $30.19/hr |
| Securities Sales Agent in TN | $58,050 | -58.8% | $27.91/hr |
Frequently Asked Questions
What is the average salary for a Financial Manager in Tennessee?
- The median salary for a Financial Manager in Tennessee is $141,010 per year, which equates to approximately $68 per hour. This figure is 6.5% lower than the national average salary for this role.
How much can a Financial Manager earn in Tennessee?
- The salary range for Financial Managers in Tennessee spans from $83,080 to $288,750 annually. The median earning is $141,010 per year.
What is the hourly wage for a Financial Manager in Tennessee?
- Financial Managers in Tennessee typically earn around $68 per hour. This hourly rate is derived from a median annual salary of $141,010.
How many Financial Managers are employed in Tennessee?
- There are approximately 17,630 Financial Managers employed in Tennessee. The median salary for these professionals is $141,010 per year.