Financial Managers Average Salary in United States
$185,663 average · $188,160 median · BLS OEWS 2025
SOC Code: 11-3031What is this?
Professional in financial managers
How much do Financial Managers make in United States?
The average financial managers salary in United States is $185,663 per year, with a median of $188,160. That works out to about $89.26 per hour on average. BLS counts roughly 4,466,320 financial managers jobs in United States.
Mean pay sits below the median here, which is uncommon and often reflects a concentration of wages around the middle of the distribution. Entry-level roles (10th percentile) report about $151,840; experienced workers at the 90th percentile report about $202,070 — a 33% spread from bottom to top. Figures are employer-reported wages from the Bureau of Labor Statistics Occupational Employment and Wage Statistics program — not self-reported survey averages — so they are the right baseline for offers, raises, and relocation decisions in this market.
How Management Careers Are Structured
Management occupations sit at the top of most organizational pay scales because compensation reflects the scope of what is managed: budget, headcount, and risk. Two managers with the same title can have radically different jobs — running a three-person retail team versus a three-hundred-person division — and the wage distribution for management roles is correspondingly one of the widest in the labor data.
The wage tables and percentile chart on this page show how financial managers pay is distributed in United States specifically — and because state-level wages for the same occupation routinely differ by 30% or more, the local figures here are the ones that matter for offers, raises, and relocation decisions in this market.
What Moves Pay in This Field
Pay in management tracks organizational size and industry economics more than personal tenure. Moving from a low-margin industry to a high-margin one, or from a small employer to a large one, typically moves a manager further up the percentile range than years of additional experience in place. Bonus and incentive pay, which the survey data only partially captures, also makes up a larger share of total compensation here than in most fields.
Almost nobody is hired into management from outside the workforce; these roles are reached by promotion from the occupations being managed. That makes the relevant comparison for an aspiring manager the gap between this page and the salary page for their current occupation — that gap is the financial value of the step up, and it varies a great deal by field.
New to reading wage distributions? Our guide to salary percentiles explains how to place yourself on the chart above, and the negotiation playbook shows how to use these numbers in an actual conversation.
Critical Worker ShortageBright Outlook
Financial Managers is experiencing a critical labor shortage. Employers are actively competing for qualified candidates.
What Do Financial Managers Do?
Professional in financial managers
Standard Occupational Classification (SOC) Code: 11-3031
Financial Managers pay in United States
In United States, financial managers report a median of $188,160 and an average of $185,663 (about $89.26/hour) across roughly 4,466,320 jobs. The local pay band runs from about $151,840 at the 10th percentile to $202,070 at the 90th.
National figures average across high-cost coastal metros and lower-cost inland markets, so individual state pages on Wage Atlas are usually the better reference for a specific offer.
Income reality check
The median salary for Financial Managers in United States of $188,160 falls in the Wealthy band of this framework - roughly ~18% of the U.S. population and ~2.5% of the global population sit in this band.
Illustrative relative standing for education only - this ladder is a simplified framework, not an official Census, BLS, or World Bank statistical series. Salary figures on Wage Atlas come from official BLS OEWS data.
Salary Overview
Salary Distribution & Your Position
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AI Replacement Risk Analysis
Forward-looking analysis of automation and AI impact
- Knowledge-based work - moderate automation risk
Includes risk scoring, timeline estimates, adaptation strategies, and more
Occupation Report Card
Job Outlook 2023-2033
Official BLS Employment Projections for Financial Managers
Skills & What You Do
Most occupations require a bachelor's degree plus experience
- Direct an organization's financial goals and budgets
- Prepare financial statements and forecasts
- Supervise finance staff
- Ensure regulatory compliance
Recent Layoffs Activity
Recent workforce reductions in related fields - context for a tight job market
- TechCorp - San Francisco, CA1,200 affectedMay 2026
- RetailCo - Columbus, OH800 affectedMay 2026
- FinServ Inc - Charlotte, NC450 affectedApr 2026
- LogiMove - Dallas, TX600 affectedApr 2026
- MediGroup - Phoenix, AZ300 affectedMar 2026
Top Industries for Financial Managers
| $203,157 | $175,310 | $98 | 544,720 | |
| $202,070 | $172,340 | $97 | 282,510 | |
| $199,740 | $174,170 | $96 | 245,740 | |
| $142,810 | $136,970 | $69 | 72,590 |
Related Occupations
SOC: 11-3020 • 89% match | $190,511 | $196,220 | $92 | 3,559,230 |
SOC: 11-3030 • 96% match | $185,663 | $188,160 | $89 | 4,466,320 |
| $184,127 | $191,320 | $89 | 3,976,160 | |
SOC: 23-1010 • 90% match | $181,941 | $191,320 | $87 | 4,055,890 |
| Find Lawyers and Judicial Law Clerks Jobs | ||||
SOC: 23-1000 • 90% match | $178,371 | $190,600 | $86 | 4,348,770 |
SOC: 11-2022 • 90% match | $164,400 | $164,350 | $79 | 3,252,530 |
Related Occupations
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Financial Managers in Other States
Compare salaries for this occupation across different states:
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Viewing: Financial Managers (SOC: 11-3031)
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