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Financial Managers Salary by State

The national median pay for financial managers is $166,570 a year. By state, it ranges from $111,390 in Mississippi to $219,880 in New York.

Updated October 2026 · Data: BLS OEWS May 2025 · How we match careers

U.S. pay range

Lowest 10%
$94,310
25th percentile
$125,490
Median
$166,570
75th percentile
$219,980
Top 10%
$323,270

Annual pay, all U.S. workers in this job. About 841,710 jobs.

Median pay in 50 states and DC

Financial Managers pay by state, highest median first
#StateMedianvs. U.S.Lowest 10%Top 10%Jobs
1New York$219,880+32%$124,670$370,78080,810
2Massachusetts$206,760+24%$120,850$332,49026,150
3New Jersey$199,110+20%$130,630$337,13032,510
4District of Columbia$188,880+13%$130,880$349,4208,930
5Virginia$185,220+11%$108,760$323,30020,850
6Colorado$182,690+10%$123,900$339,29010,640
7Delaware$181,580+9%$129,930$321,6202,810
8California$180,770+9%$101,820$341,67093,310
9Washington$174,840+5%$115,250$318,45012,930
10Connecticut$174,830+5%$98,540$333,37020,040
11Rhode Island$166,9400%$97,180$304,3102,570
12Georgia$166,7900%$94,040$315,89021,390
13North Carolina$166,7800%$100,950$322,09022,460
14Illinois$165,8800%$100,070$313,11052,720
15Texas$164,860−1%$98,250$309,29071,870
16Minnesota$163,410−2%$99,250$277,68016,680
17South Dakota$159,700−4%$113,930$232,2401,000
18Kansas$159,380−4%$97,510$273,6405,190
19Maryland$158,750−5%$84,030$290,19019,770
20Oregon$156,460−6%$100,890$277,8207,610
21Florida$153,280−8%$79,450$303,79048,910
22Utah$150,450−10%$87,550$282,9808,860
23Pennsylvania$145,610−13%$83,180$286,24032,180
24New Hampshire$144,730−13%$87,270$243,3504,330
25Missouri$143,460−14%$86,950$273,42013,330
26Tennessee$141,010−15%$83,080$288,75017,630
27Ohio$140,870−15%$82,190$273,76027,360
28Alabama$140,500−16%$86,340$256,7507,200
29Nebraska$140,360−16%$89,990$227,6405,630
30Arizona$139,830−16%$80,690$254,84014,900
31Wisconsin$139,720−16%$83,100$236,62015,530
32Michigan$139,370−16%$80,280$258,48022,490
33South Carolina$136,160−18%$78,930$277,8509,020
34North Dakota$135,890−18%$87,610$229,1502,140
35Indiana$135,840−18%$80,610$234,71012,560
36Hawaii$134,210−19%$79,060$220,1903,790
37New Mexico$133,700−20%$90,750$216,3602,530
38Maine$133,610−20%$81,700$231,6203,120
39Iowa$133,320−20%$80,020$225,9209,130
40Nevada$132,490−20%$75,240$282,4608,090
41Oklahoma$132,460−20%$69,910$238,2506,670
42Montana$131,060−21%$81,430$234,3701,510
43Kentucky$130,650−22%$82,110$223,2906,630
44Vermont$128,690−23%$81,230$220,7501,790
45Idaho$127,210−24%$76,890$213,2303,120
46Alaska$127,030−24%$85,440$205,0802,020
47Louisiana$126,800−24%$78,040$220,8707,070
48Wyoming$124,910−25%$64,140$203,230730
49Arkansas$116,570−30%$62,780$225,0107,120
50West Virginia$113,140−32%$73,260$199,9202,610
51Mississippi$111,390−33%$58,250$210,5203,470

BLS OEWS May 2025 state estimates. States without published data are not listed. “Not published”: BLS withheld the value or it is above the highest amount BLS publishes. Pay is not adjusted for living costs.

Financial Managers salary questions

Which state pays financial managers the most?

New York, with a median of $219,880 a year (+32% vs. the national median of $166,570). BLS May 2025.

Which state pays financial managers the least?

Mississippi, with a median of $111,390 a year (−33% vs. national).

Where do most financial managers work?

California has the most jobs, about 93,310, with a median of $180,770.

Does a higher salary mean more money left over?

Not always. These are pay figures only. Living costs, taxes and housing differ a lot between states, and this page does not adjust for them.

Keep exploring

Sources. Pay and employment: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (national and state files). Data Sources & Licenses