Financial Manager Salary by State
Median annual wages for financial managers in all 50 states, based on BLS OEWS data released in May 2026.
Median annual wage
Hover over or select a state to explore.The median is the midpoint of earnings: half of workers earn more and half earn less. Unlike an average, it is less affected by exceptionally high salaries.
At a glance
- US median annual pay
- $166,570 (2025)
- Projected employment growth
- 10% (2025–2035)Much faster than average.
- Highest median
- New York, $219,880
- Lowest median
- Mississippi, $111,390
About the occupation
What financial managers do
Financial managers oversee an organisation's financial operations, prepare reports, manage investment activities, and develop long-term financial plans. They analyse financial performance and advise senior management on financial decisions.
Where financial managers work
Financial managers work across various industries, including banking, insurance and investment services. Most work full time in office environments, with some working more than 40 hours per week.
Compare all 50 states
Download data ↓| New YorkNY | $219,880 | $105.71 | 80,810 |
|---|---|---|---|
| MassachusettsMA | $206,760 | $99.40 | 26,150 |
| New JerseyNJ | $199,110 | $95.73 | 32,510 |
| VirginiaVA | $185,220 | $89.05 | 20,850 |
| ColoradoCO | $182,690 | $87.83 | 10,640 |
| DelawareDE | $181,580 | $87.30 | 2,810 |
| CaliforniaCA | $180,770 | $86.91 | 93,310 |
| WashingtonWA | $174,840 | $84.06 | 12,930 |
| ConnecticutCT | $174,830 | $84.05 | 20,040 |
| Rhode IslandRI | $166,940 | $80.26 | 2,570 |
| GeorgiaGA | $166,790 | $80.19 | 21,390 |
| North CarolinaNC | $166,780 | $80.18 | 22,460 |
| IllinoisIL | $165,880 | $79.75 | 52,720 |
| TexasTX | $164,860 | $79.26 | 71,870 |
| MinnesotaMN | $163,410 | $78.56 | 16,680 |
| South DakotaSD | $159,700 | $76.78 | 1,000 |
| KansasKS | $159,380 | $76.62 | 5,190 |
| MarylandMD | $158,750 | $76.32 | 19,770 |
| OregonOR | $156,460 | $75.22 | 7,610 |
| FloridaFL | $153,280 | $73.69 | 48,910 |
| UtahUT | $150,450 | $72.33 | 8,860 |
| PennsylvaniaPA | $145,610 | $70.01 | 32,180 |
| New HampshireNH | $144,730 | $69.58 | 4,330 |
| MissouriMO | $143,460 | $68.97 | 13,330 |
| TennesseeTN | $141,010 | $67.79 | 17,630 |
| OhioOH | $140,870 | $67.73 | 27,360 |
| AlabamaAL | $140,500 | $67.55 | 7,200 |
| NebraskaNE | $140,360 | $67.48 | 5,630 |
| ArizonaAZ | $139,830 | $67.23 | 14,900 |
| WisconsinWI | $139,720 | $67.17 | 15,530 |
| MichiganMI | $139,370 | $67.01 | 22,490 |
| South CarolinaSC | $136,160 | $65.46 | 9,020 |
| North DakotaND | $135,890 | $65.33 | 2,140 |
| IndianaIN | $135,840 | $65.31 | 12,560 |
| HawaiiHI | $134,210 | $64.52 | 3,790 |
| New MexicoNM | $133,700 | $64.28 | 2,530 |
| MaineME | $133,610 | $64.24 | 3,120 |
| IowaIA | $133,320 | $64.10 | 9,130 |
| NevadaNV | $132,490 | $63.70 | 8,090 |
| OklahomaOK | $132,460 | $63.68 | 6,670 |
| MontanaMT | $131,060 | $63.01 | 1,510 |
| KentuckyKY | $130,650 | $62.81 | 6,630 |
| VermontVT | $128,690 | $61.87 | 1,790 |
| IdahoID | $127,210 | $61.16 | 3,120 |
| AlaskaAK | $127,030 | $61.07 | 2,020 |
| LouisianaLA | $126,800 | $60.96 | 7,070 |
| WyomingWY | $124,910 | $60.06 | 730 |
| ArkansasAR | $116,570 | $56.05 | 7,120 |
| West VirginiaWV | $113,140 | $54.40 | 2,610 |
| MississippiMS | $111,390 | $53.55 | 3,470 |
A dash (–) indicates that a salary estimate is not available.
Sources and methodology
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025.
Data covers financial managers across all 50 states, excluding Washington, D.C. and U.S. territories. Figures represent estimated median annual wages.
Map colors group states into five wage ranges. Alaska and Hawaii are shown as insets and are not to scale.
Additional source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook: Financial Managers. Used for national pay, employment projections and occupational information.
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United States Demographics. (2026). Financial Manager Salary by State. https://unitedstatesdemographics.com/financial-manager-salary-by-state/