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Salaries · BLS, May 2025

Financial manager salary in 2026

The median financial manager in the United States earns $166,570 a year, or $80.08 an hour, according to the Bureau of Labor Statistics’ May 2025 survey, published this year. The middle half of financial managers earn between $125,490 and $219,980.

Where you work matters more than anything else: New York pays a median of $219,880, Massachusetts $206,760, and the highest paying metro area, San Jose-Sunnyvale-Santa Clara, CA, $225,280. There are 841,710 financial managers in the country.

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Financial manager salary by state

Median annual and hourly wage, the range the middle half earn, and how many financial managers work in each state. Click a state for its cities.

StateMedian annualMedian hourlyMiddle half earnsEmployed
New York$219,880$105.71$166,410 to $328,21080,810
Massachusetts$206,760$99.40$161,870 to $287,52026,150
New Jersey$199,110$95.73$162,800 to $279,33032,510
District of Columbia$188,880$90.81$161,470 to $231,0008,930
Virginia$185,220$89.05$146,320 to $224,13020,850
Colorado$182,690$87.83$149,120 to $238,38010,640
Delaware$181,580$87.30$156,330 to $226,0402,810
California$180,770$86.91$136,030 to $269,99093,310
Washington$174,840$84.06$138,450 to $222,24012,930
Connecticut$174,830$84.05$135,540 to $233,21020,040
Rhode Island$166,940$80.26$131,000 to $218,3902,570
Georgia$166,790$80.19$126,560 to $215,91021,390
North Carolina$166,780$80.18$129,780 to $223,54022,460
Illinois$165,880$79.75$128,370 to $216,80052,720
Texas$164,860$79.26$127,480 to $214,07071,870
Minnesota$163,410$78.56$126,580 to $212,25016,680
South Dakota$159,700$76.78$134,980 to $192,5301,000
Kansas$159,380$76.62$122,290 to $200,9705,190
Maryland$158,750$76.32$117,640 to $209,55019,770
Oregon$156,460$75.22$124,190 to $202,7307,610
Florida$153,280$73.69$105,440 to $207,15048,910
Utah$150,450$72.33$116,940 to $190,7808,860
Pennsylvania$145,610$70.01$109,470 to $200,53032,180
New Hampshire$144,730$69.58$115,390 to $187,2404,330
Missouri$143,460$68.97$112,650 to $198,11013,330
Tennessee$141,010$67.79$107,450 to $194,62017,630
Ohio$140,870$67.73$107,000 to $192,56027,360
Alabama$140,500$67.55$108,390 to $191,0807,200
Nebraska$140,360$67.48$108,040 to $177,0005,630
Arizona$139,830$67.23$104,250 to $183,86014,900
Wisconsin$139,720$67.17$106,820 to $178,16015,530
Michigan$139,370$67.01$105,490 to $182,12022,490
South Carolina$136,160$65.46$102,610 to $193,0909,020
North Dakota$135,890$65.33$106,490 to $176,4402,140
Indiana$135,840$65.31$101,970 to $183,13012,560
Hawaii$134,210$64.52$103,090 to $167,9103,790
New Mexico$133,700$64.28$107,920 to $176,6202,530
Maine$133,610$64.24$104,150 to $172,1103,120
Iowa$133,320$64.10$102,130 to $173,6609,130
Nevada$132,490$63.70$95,990 to $174,5508,090
Oklahoma$132,460$63.68$96,610 to $179,7506,670
Montana$131,060$63.01$100,770 to $181,2601,510
Kentucky$130,650$62.81$100,190 to $169,6806,630
Vermont$128,690$61.87$100,480 to $172,5301,790
Idaho$127,210$61.16$96,210 to $165,7803,120
Alaska$127,030$61.07$102,560 to $163,5602,020
Louisiana$126,800$60.96$99,200 to $168,3407,070
Wyoming$124,910$60.06$90,270 to $161,590730
Arkansas$116,570$56.05$82,140 to $168,0607,120
West Virginia$113,140$54.40$82,280 to $153,3702,610
Mississippi$111,390$53.55$79,640 to $155,5803,470
Virgin Islands$94,990$45.67$77,720 to $116,800170
Puerto Rico$90,660$43.59$71,410 to $127,1803,800
Guam$80,390$38.65$63,760 to $105,010380

Highest paying cities for financial managers

The ten metro areas with the highest median, out of the 390 where BLS publishes one.

Metro areaMedian annualMedian hourlyEmployed
San Jose-Sunnyvale-Santa Clara, CA$225,280$108.317,970
New York-Newark-Jersey City, NY-NJ$221,010$106.2689,960
San Francisco-Oakland-Fremont, CA$216,150$103.9217,040
Bridgeport-Stamford-Danbury, CT$211,000$101.447,210
Boston-Cambridge-Newton, MA-NH$209,780$100.8521,650
Denver-Aurora-Centennial, CO$193,400$92.987,490
Boulder, CO$192,970$92.77700
Seattle-Tacoma-Bellevue, WA$185,550$89.218,500
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270$89.0726,430
Trenton-Princeton, NJ$184,800$88.842,460

The lowest medians in the 50 states and DC: Hot Springs, AR ($95,010), Tallahassee, FL ($98,510), Prescott Valley-Prescott, AZ ($99,740), Sierra Vista-Douglas, AZ ($102,010) and Johnstown, PA ($102,420).

What it pays where you are

Pick your state or metro area. The wage is the median there; the cost line is what an employer pays once benefits are added.

Financial manager, the United States, 40 hours a week

$224,877 a year

$18,740 a month. Wages $166,566 at the median of $80.08 an hour, plus $58,310 in benefits. The middle half of financial managers here earn $125,490 to $219,980 in wages.

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What financial managers do

Financial managers direct a company’s finances: reporting, forecasting, cash, risk and the decisions that follow from them. BLS counts them under occupation 11-3031, which is the definition every figure on this page uses.

For an employer, the wage is the start: benefits at a small employer add 35%, so a financial manager at the median costs about $224,900 a year. The employer’s numbers, by state and metro, are on what a financial manager costs. The routine part of the job, the follow-ups, the reconciling, the scheduling, is the part Liaison does inside the tools a business already runs.

Questions

What is the average financial manager salary?

The median financial manager in the United States earned $166,570 a year, or $80.08 an hour, in the Bureau of Labor Statistics’ May 2025 survey. The middle half earned between $125,490 and $219,980. The median is the wage half of financial managers earn more than and half earn less than, which is a steadier guide than an average.

How much does a financial manager make an hour?

The median financial manager earns $80.08 an hour, according to the Bureau of Labor Statistics’ May 2025 survey. At 2,080 hours a year that is $166,570. The middle half earn between $60.33 and $105.76 an hour.

Which states pay financial managers the most?

New York ($219,880), Massachusetts ($206,760), New Jersey ($199,110), District of Columbia ($188,880) and Virginia ($185,220).

Which cities pay financial managers the most?

San Jose-Sunnyvale-Santa Clara, CA ($225,280), New York-Newark-Jersey City, NY-NJ ($221,010), San Francisco-Oakland-Fremont, CA ($216,150), Bridgeport-Stamford-Danbury, CT ($211,000) and Boston-Cambridge-Newton, MA-NH ($209,780), out of the 390 metro areas where BLS publishes a median for financial managers.

How many financial managers are there?

BLS counted 841,710 financial managers employed in the United States in May 2025.

What does a financial manager cost an employer?

Wages are only part of it. At employers with fewer than 50 workers, benefits add 35% on top of wages (BLS, June 2026), so a financial manager at the median costs about $224,900 a year. The employer’s view, by state and metro, is at useliaison.com/back-office-costs/financial-manager.

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