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Finance · BLS SOC 11-3031

Financial Managers Salary 2025: $158,935 Median Pay (BLS OEWS)

Reviewed by SalaryTruth Editorial Team · Updated

$158,935 per year is the national median annual wage for financial managers (BLS OEWS, May 2025 reference period). That works out to about $76/hour, with a 10th–90th percentile range of $134,010 to $447,580. The Bureau of Labor Statistics classifies this role under SOC code 11-3031.

Key Facts (BLS OEWS, May 2025)

Median annual wage
$158,935
Median hourly wage
$76/hr
Mean annual wage
$198,070
Total US employment
594,910
Top-paying metro
San Jose, CA, CA ($225,280)
BLS SOC code
11-3031

Source: BLS Occupational Employment and Wage Statistics, May 2025 release.

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The national median wage for financial managers (BLS SOC 11-3031) is $158,935 per year — about $76/hour — across 594,910 workers in 70 U.S. metros in the BLS OEWS May 2025 release. The mean wage of $198,070 sits above the median, which means a minority of high earners pulls the average up — the median is the more honest benchmark for a typical offer.

Experience drives the range as much as anything: the 10th percentile earns $106,051 while the 90th earns $319,175 — a 3.0× gap from entry-level to the top of the field. Most financial managers land in the $134,246–$247,857 band (25th–75th percentile), which is the right anchor when you size up an offer.

Location matters too. San Jose, CA, CA posts the highest median at $225,280, versus $119,360 in Little Rock, AR, AR — a 89% gap. But adjusted for cost of living, Wichita, KS delivers the strongest real purchasing power ($184,595 in national-average dollars), which can flip the nominal ranking for anyone weighing a move.

Finance compensation for financial manager roles skews heavily toward variable pay — bonuses, commissions, and deferred comp that OEWS does not capture — so the base-wage figures here understate total pay, especially in high-cost financial-center metros.

Financial Managers Salary by Experience Level (2025)

BLS OEWS doesn’t publish wages by years of experience, but its national percentile bands map cleanly to career stages. Here’s what financial managers earn from entry-level to the top of the field.

Career stageTypical experienceBLS percentileAnnual wage
Entry-level0–2 years10th$106,051
Junior / early-career2–5 years25th$134,246
Mid-career5–10 years50th (median)$176,540
Senior10–15 years75th$247,857
Top earners15+ years90th$319,175

Experience bands are SalaryTruth’s interpretation of BLS OEWS percentiles, not a separate BLS series. Actual pay varies by employer, specialization, and region.

$158,935
National Median
$198,070
National Mean
594,910
Total Employment
70
Cities Tracked

Salary Range (BLS Percentiles)

Financial Managers salaries range from $119,360 to $225,280 median across cities, depending on location, experience, and industry.

Financial Managers Salary by City (BLS OEWS)

City10th25thMedian75th90thCOL-AdjustedJobs
San Jose, CA$134,010$170,518$225,280$336,430$447,580$115,0567,970
New York, NY$133,940$168,768$221,010$296,090$371,170$118,06189,960
San Francisco, CA$123,280$160,428$216,150$286,110$356,070$120,35117,040
Bridgeport, CT$93,650$140,590$211,000$285,580$360,160$153,4557,210
Boston, MA$126,450$159,782$209,780$272,465$335,150$137,92221,650
Denver, CO$127,190$153,674$193,400$268,850$344,300$171,4547,490
Seattle, WA$124,820$149,112$185,550$255,060$324,570$124,1978,500
Washington, DC$122,670$147,710$185,270$256,370$327,470$121,25026,430
Los Angeles, CA$102,360$131,540$175,310$256,495$337,680$105,60834,480
San Diego, CA$100,950$130,254$174,210$250,570$326,930$108,7457,350
Richmond, VA$108,940$134,620$173,140$237,600$302,060$169,5793,480
Charlotte, NC$111,000$135,704$172,760$250,935$329,110$178,6569,290
Colorado Springs, CO$117,930$139,830$172,680$232,015$291,350$165,244710
Atlanta, GA$100,740$128,940$171,240$247,890$324,540$172,62115,660
Hartford, CT$111,290$134,898$170,310$236,935$303,560$151,2527,540
Dallas, TX$103,440$129,744$169,200$241,165$313,130$162,53626,600
Chicago, IL$103,490$129,618$168,810$245,005$321,200$157,32541,590
Rochester, NY$99,990$127,114$167,800$231,845$295,890$180,6242,190
Providence, RI$97,560$125,564$167,570$234,045$300,520$140,3433,280
Austin, TX$100,630$127,250$167,180$242,950$318,720$162,3117,210
Philadelphia, PA$101,930$127,926$166,920$238,410$309,900$140,98018,520
Houston, TX$102,400$128,204$166,910$238,830$310,750$172,96418,570
Minneapolis, MN$102,710$127,874$165,620$229,360$293,100$155,95112,460
Portland, OR$103,590$128,026$164,680$228,495$292,310$126,5805,550
Miami, FL$85,610$117,058$164,230$245,255$326,280$133,41214,540
Buffalo, NY$98,440$124,756$164,230$230,205$296,180$177,5462,680
Raleigh, NC$100,920$125,804$163,130$236,210$309,290$163,4573,690
Sacramento, CA$96,990$123,430$163,090$233,835$304,580$130,7864,840
Kansas City, MO$101,060$125,632$162,490$229,680$296,870$170,3254,970
Detroit, MI$91,520$119,008$160,240$222,870$285,500$168,49611,670
Riverside-San Bernardino, CA$89,080$117,540$160,230$222,085$283,940$130,9074,120
Greensboro, NC$98,600$123,056$159,740$235,030$310,320$174,9621,340
Spokane, WA$102,580$125,360$159,530$226,940$294,350$163,789730
St. Louis, MO$92,720$119,144$158,780$231,520$304,260$176,4227,190
Salt Lake City, UT$93,930$119,846$158,720$236,465$314,210$156,5295,450
Baltimore, MD$86,240$114,940$157,990$225,690$293,390$138,3459,990
Tampa, FL$83,070$112,834$157,480$225,995$294,510$158,1128,500
Nashville, TN$97,860$121,460$156,860$243,430$330,000$156,3917,400
Milwaukee, WI$92,060$117,676$156,100$212,685$269,270$160,2675,160
Wichita, KS$81,590$110,978$155,060$202,855$250,650$184,5951,060
Des Moines, IA$94,230$118,194$154,140$208,965$263,790$165,2093,800
Birmingham, AL$99,530$121,290$153,930$223,210$292,490$170,2772,700
Bakersfield, CA$90,070$115,254$153,030$214,910$276,790$152,117900
Cincinnati, OH$93,210$117,006$152,700$223,010$293,320$167,4346,340
Albany, NY$89,630$114,014$150,590$214,535$278,480$149,5432,680
Madison, WI$83,830$109,886$148,970$201,385$253,800$143,5162,320
Indianapolis, IN$88,490$111,742$146,620$195,015$243,410$162,7305,230
Phoenix, AZ$84,060$108,812$145,940$207,965$269,990$144,92612,030
Columbus, OH$91,210$112,978$145,630$206,340$267,050$156,4235,750
Greenville, SC$80,870$106,766$145,610$221,200$296,790$161,6091,880
San Antonio, TX$96,010$115,490$144,710$214,345$283,980$158,1534,910
Memphis, TN$80,110$105,618$143,880$208,810$273,740$171,2862,750
Tulsa, OK$82,850$106,502$141,980$213,285$284,590$163,5711,950
Orlando, FL$80,140$104,424$140,850$205,530$270,210$136,6156,190
Omaha, NE$97,080$114,404$140,390$188,120$235,850$152,9303,120
Albuquerque, NM$96,780$114,112$140,110$180,790$221,470$149,0531,430
Jacksonville, FL$76,640$101,496$138,780$207,230$275,680$145,9314,570
Fresno, CA$85,970$106,642$137,650$197,025$256,400$130,4741,370
Louisville, KY$88,620$107,960$136,970$183,905$230,840$151,8512,670
Pittsburgh, PA$80,390$102,766$136,330$200,385$264,440$147,7036,460
Lexington, KY$89,400$107,944$135,760$183,510$231,260$148,697940
New Orleans, LA$84,250$104,194$134,110$181,870$229,630$139,8441,970
Knoxville, TN$63,900$91,768$133,570$198,270$262,970$147,9182,090
Reno, NV$78,000$100,188$133,470$203,435$273,400$125,3241,740
Las Vegas, NV$74,740$97,904$132,650$210,165$287,680$121,6975,560
Oklahoma City, OK$70,860$95,132$131,540$187,365$243,190$152,0693,050
Boise, ID$78,820$99,744$131,130$176,690$222,250$128,4331,570
Anchorage, AK$85,780$103,156$129,220$169,405$209,590$101,7481,200
Tucson, AZ$77,680$97,076$126,170$176,780$227,390$132,2541,360
Little Rock, AR$64,300$86,324$119,360$171,990$224,620$135,3292,320

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Financial Manager & H-1B Prevailing Wage

Sponsoring or filing an H-1B, PERM, or E-3 case? See the DOL prevailing-wage levels (1–4) for Financial Manager, including the 2026 proposed increase.

Financial Manager prevailing wage in San Jose, CA

Frequently Asked Questions

The national median salary for Financial Manager is $158,935 as of 2025 (BLS OEWS). The national mean (average) is $198,070. Salaries range from $119,360 to $225,280 median depending on city and cost of living.

Entry-level financial managers (10th percentile) earn about $106,051 per year nationally. Pay rises with experience to a median of $158,935, $247,857 at the 75th percentile, and $319,175 for the top 10% of earners.

The median financial manager earns about $76/hour, based on the $158,935 annual median over a standard 2,080-hour work year (BLS OEWS, May 2025).

San Jose, CA, CA posts the highest median for Financial Manager at $225,280, well above the national median of $158,935. Cost of living matters, though — see the COL-adjusted column in the city table above, which can reorder the rankings.

There are approximately 594,910 Financial Manager positions in the US across 70 metropolitan areas tracked by the Bureau of Labor Statistics OEWS survey.

The 90th percentile financial manager earns $319,175 — about 3.0× the $106,051 entry-level wage. A spread that wide signals real income growth potential with experience, specialization, and location.

No. BLS OEWS reports base wages only — bonuses, commissions, overtime, and equity are excluded. For roles where variable pay is common, total compensation runs above the figures shown here.

Last updated:

Salary data from BLS Occupational Employment and Wage Statistics. COL adjustments use BEA Regional Price Parities.

Source: BLS Occupational Employment and Wage Statistics, May 2025 release.