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Updated · 2026 tax rules · Data: IRS, BLS, BEA, HUD · How we calculate

Financial Manager Salary

Financial Managers earn a median $166,570 a year nationally. Management Occupations

U.S. median
$166,570
$80.08 per hour
Range
$94,310 – $239,200+
10th to 90th percentile
Employed
841,710
across the U.S.
▲3.0%
Pay trend: The median for financial managers in the U.S. rose from $161,700 (May 2024) to $166,570 (May 2025). That beat inflation (2.4%), a real raise of about 0.6%.

What financial managers do

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Typical education
Bachelor's degree
Work experience
5 years or more
On-the-job training
None
Job outlook, 2025–35
+9.7% (much faster than average)
Openings per year
65,600
Self-employed
1%

Employment of financial managers is projected to grow 9.7% from 2025 to 2035, faster than the 3.5% average for all occupations. About 65,600 openings are expected each year, on average, including jobs left by workers who retire or switch careers.

Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.

Financial Manager take-home pay calculator

Starts at the national median. Pick your state to see your real paycheck.

Financial Manager
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$125,117
per year · effective tax rate 24.9%
$10,426Monthly
$5,213Twice a month
$4,812Every 2 weeks
$60.15Hourly
  • Federal income tax$28,711
  • Social Security (6.2%)$10,327
  • Medicare (1.45%)$2,415
  • Texas income tax$0
  • Take-home pay$125,117

Marginal rate: 24% federal + 0.00% state

Pay by experience

PercentileSalaryHourlyTake-home (no state tax)
10th percentile (entry level)$94,310$45.34$75,177
25th percentile$125,490$60.33$97,038
Median (50th)$166,570$80.08$125,117
75th percentile$219,980$105.76$163,474
90th percentile (top earners)$323,270+$155.42$229,755

Best cities for financial managers (after tax & cost of living)

#Metro areaMedianTake-homeReal value*Jobs
1Bridgeport, CT$211,000$146,519$137,1077,210
2New York, NY$221,010$152,151$135,16989,960
3Boston, MA$209,780$145,861$134,72521,650
4San Jose, CA$225,280$147,303$133,3997,970
5Denver, CO$193,400$136,206$128,7617,490
6Austin, TX$167,180$125,534$128,0097,210
7Houston, TX$166,910$125,349$127,09118,570
8Charlotte, NC$172,760$122,963$126,3139,290
9Kansas City, MO$162,490$115,628$124,9454,970
10Seattle, WA$185,550$138,155$124,3158,500
11Trenton, NJ$184,800$128,014$124,0682,460
12Cleveland, OH$157,900$115,631$123,1126,300
13Dallas, TX$169,200$126,914$123,11026,600
14Richmond, VA$173,140$120,466$123,1033,480
15Nashville, TN$156,860$118,480$122,9837,400
16San Francisco, CA$216,150$142,139$122,94417,040
17Des Moines, IA$154,140$111,415$121,4983,800
18Atlanta, GA$171,240$120,044$119,97415,660
19Buffalo, NY$164,230$114,868$119,8492,680
20St. Louis, MO$158,780$113,267$119,1187,190
21Birmingham, AL$153,930$109,046$118,9882,700
22Raleigh, NC$163,130$116,765$118,9583,690
23Memphis, TN$143,880$109,608$118,9082,750
24Tampa, FL$157,480$118,904$117,8558,500
25Cincinnati, OH$152,700$112,220$117,6686,340

*Take-home pay in U.S.-average dollars (BEA Regional Price Parities).

Highest-paying cities

Financial Manager salary by state

StateMedian1-yr changeTake-homeRangeJobs
New York $219,880+1.9%$151,476 $124,670 – $239,200+80,810
Massachusetts $206,760+14.1%$143,788 $120,850 – $239,200+26,150
New Jersey $199,110+5.5%$137,770 $130,630 – $239,200+32,510
District of Columbia $188,880+4.2%$127,551 $130,880 – $239,200+8,930
Virginia $185,220+8.8%$128,072 $108,760 – $239,200+20,850
Colorado $182,690+4.5%$128,805 $123,900 – $239,200+10,640
Delaware $181,580+0.8%$124,733 $129,930 – $239,200+2,810
California $180,770+3.3%$119,890 $101,820 – $239,200+93,310
Washington $174,840+2.1%$130,769 $115,250 – $239,200+12,930
Connecticut $174,830+3.0%$122,423 $98,540 – $239,200+20,040
Rhode Island $166,940+4.0%$119,042 $97,180 – $239,200+2,570
Georgia $166,790+2.0%$117,233 $94,040 – $239,200+21,390
North Carolina $166,780+4.0%$119,114 $100,950 – $239,200+22,460
Illinois $165,880+3.7%$116,579 $100,070 – $239,200+52,720
Texas $164,860+2.8%$123,948 $98,250 – $239,200+71,870
Minnesota $163,410+3.4%$112,962 $99,250 – $239,200+16,680
South Dakota $159,700+5.1%$120,421 $113,930 – $232,2401,000
Kansas $159,380+14.7%$112,109 $97,510 – $239,200+5,190
Maryland $158,750+0.9%$112,391 $84,030 – $239,200+19,770
Oregon $156,460+6.3%$105,017 $100,890 – $239,200+7,610
Florida $153,280+7.1%$116,033 $79,450 – $239,200+48,910
Utah $150,450+9.2%$108,294 $87,550 – $239,200+8,860
Pennsylvania $145,610+5.5%$106,320 $83,180 – $239,200+32,180
New Hampshire $144,730+2.3%$110,189 $87,270 – $239,200+4,330
Missouri $143,460+7.4%$103,516 $86,950 – $239,200+13,330
Tennessee $141,010+6.0%$107,646 $83,080 – $239,200+17,630
Ohio $140,870+5.6%$104,459 $82,190 – $239,200+27,360
Alabama $140,500+1.8%$100,538 $86,340 – $239,200+7,200
Nebraska $140,360+4.4%$101,695 $89,990 – $227,6405,630
Arizona $139,830+5.7%$103,553 $80,690 – $239,200+14,900
Wisconsin $139,720+1.6%$100,740 $83,100 – $236,62015,530
Michigan $139,370+3.0%$100,853 $80,280 – $239,200+22,490
South Carolina $136,160+6.7%$97,319 $78,930 – $239,200+9,020
North Dakota $135,890+4.5%$102,756 $87,610 – $229,1502,140
Indiana $135,840+2.7%$100,135 $80,610 – $234,71012,560
Hawaii $134,210+5.4%$94,318 $79,060 – $220,1903,790
New Mexico $133,700+9.4%$97,430 $90,750 – $216,3602,530
Maine $133,610−0.6%$94,531 $81,700 – $231,6203,120
Iowa $133,320+2.1%$97,976 $80,020 – $225,9209,130
Nevada $132,490+6.4%$101,823 $75,240 – $239,200+8,090
Oklahoma $132,460+4.4%$96,387 $69,910 – $238,2506,670
Montana $131,060+3.9%$94,802 $81,430 – $234,3701,510
Kentucky $130,650+4.1%$96,110 $82,110 – $223,2906,630
Vermont $128,690−3.8%$93,192 $81,230 – $220,7501,790
Idaho $127,210+2.9%$92,580 $76,890 – $213,2303,120
Alaska $127,030+3.5%$98,091 $85,440 – $205,0802,020
Louisiana $126,800+6.2%$94,516 $78,040 – $220,8707,070
Wyoming $124,910+5.5%$96,642 $64,140 – $203,230730
Arkansas $116,570+12.7%$86,503 $62,780 – $225,0107,120
West Virginia $113,140+7.0%$83,906 $73,260 – $199,9202,610
Mississippi $111,390+5.1%$83,469 $58,250 – $210,5203,470

Related jobs

JobMedian salaryEducationGrowth 2025–35
Computer and Information Systems Manager$175,140Bachelor's degree+15.8%
Human Resources Manager$149,280Bachelor's degree+5.5%
Compensation and Benefits Manager$149,230Bachelor's degree+1.1%
Purchasing Manager$148,080Bachelor's degree+4.0%
Training and Development Manager$133,000Bachelor's degree+6.4%
Industrial Production Manager$126,060Bachelor's degree+2.6%
Administrative Services Manager$114,130Bachelor's degree+5.2%
Transportation, Storage, and Distribution Managers$107,230High school diploma or equivalent+6.1%
Facilities Manager$106,660Bachelor's degree+4.6%
Marketing Manager$166,790Bachelor's degree+6.9%

Frequently asked questions

How much does a financial manager make?

The national median salary for financial managers is $166,570 a year ($80.08 an hour). The lowest-paid 10% earn under $94,310 and the top 10% earn over $239,200+. Source: BLS, May 2025.

Which state pays financial managers the most?

New York has the highest median pay at $219,880. After taxes and local prices, Bridgeport, CT offers the best real take-home pay of any metro area.

How many financial managers are there in the U.S.?

About 841,710 people work as financial managers nationwide.

All 55 cities