Financial Manager Salary in Boston, MA
Financial Managers in the Boston-Cambridge-Newton, MA-NH metro area earn a median $209,780 a year — 26% more than the national median. After 2026 taxes, that is $145,861 take-home, or $12,155 a month.
Take-home pay calculator
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- Federal income tax$39,081
- Social Security (6.2%)$11,439
- Medicare (1.45%)$3,130
- Massachusetts income tax$10,269
- Take-home pay$145,861
Marginal rate: 24% federal + 5.00% state
The Boston-Cambridge-Newton, MA-NH metro spans Massachusetts, New Hampshire. Pick the state you live in — state income tax follows your residence.
Financial Manager pay by experience in Boston, MA
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $126,450 | $60.79 | $91,592 | $7,633 |
| 25th percentile | $164,560 | $79.12 | $115,735 | $9,645 |
| Median (50th) | $209,780 | $100.86 | $145,861 | $12,155 |
| 75th percentile | $292,030+ | $140.40 | $195,802 | $16,317 |
| 90th percentile (top earners) | $335,150+ | $161.13 | $220,661 | $18,388 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Massachusetts resident, 2026 tax rules.
What $209,780 buys in Boston, MA
Prices in Boston, MA are 8.3% higher than the U.S. average (housing costs are 1.48× the national average). Adjusted for local prices, a median financial manager's $145,861 take-home pay has the buying power of $134,725 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Boston, MA has 1.5× the national concentration of financial manager jobs — a strong local market for this occupation.
Best-paying cities for financial managers, adjusted for cost of living
Boston, MA ranks #5 of 177 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | Sioux Falls, SD | $163,580 | $123,073 | $135,796 |
| 3 | New York, NY | $221,010 | $152,151 | $135,169 |
| 4 | Midland, TX | $172,520 | $129,183 | $134,871 |
| 5 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 6 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 7 | Boulder, CO | $192,970 | $135,904 | $129,184 |
| 8 | Denver, CO | $193,400 | $136,206 | $128,761 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 177 metros →
Financial Manager salaries elsewhere in Massachusetts
- Springfield, MA — $175,950
- Worcester, MA — $170,940
Frequently asked questions
How much does a financial manager make in Boston, MA?
The median financial manager salary in the Boston-Cambridge-Newton, MA-NH metro area is $209,780 a year, or about $100.86 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $164,560 and $239,200+.
What is a financial manager’s take-home pay in Boston, MA?
On the median $209,780 salary, a single filer living in Massachusetts takes home about $145,861 a year ($12,155 a month) after federal tax, Social Security, Medicare and $10,269 in Massachusetts taxes in 2026.
Is Boston, MA a good place to work as a financial manager?
Pay here is 26% above the national median of $166,570. Local prices are 8.3% above the U.S. average, so the take-home pay buys what $134,725 would in a typical U.S. city. Boston, MA ranks #5 of 177 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Boston, MA?
HUD’s fair market rent for a one-bedroom in Boston, MA is $2,276 a month ($2,762 for two bedrooms) — 19% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Boston, MA
- Natural Sciences Manager — $239,200+
- Computer and Information Systems Manager — $214,960
- Marketing Manager — $213,910
- Sales Manager — $206,610
- Architectural and Engineering Manager — $205,130
- Compensation and Benefits Manager — $185,590
- Human Resources Manager — $184,990
- Managers, All Other — $184,250
- Public Relations Manager — $176,390
- Purchasing Manager — $174,640
- Fundraising Manager — $161,500
- Construction Manager — $156,470