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Best States for Financial Managers: Highest-paid Financial Managers by State

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    Carter A
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Financial managers oversee the financial health of organizations, making strategic decisions to maximize profits and manage risks effectively.

This article will explore the best states for financial managers, based on the average annual salary for the occupation.

Key Takeaways

  • The highest-paid financial managers are in New York, where they earn an average of $228,160 per year.
  • The lowest-paid financial managers are in Guam, where they earn an average of $79,460 per year.
  • The U.S. average salary for financial managers is $146,333 per year.

1. New York ($228,160)

New York Financial Managers in New York earn the highest average salary in the U.S. The median annual salary for financial managers in New York is $228,160, which is +56% from the national average.
TypeAnnual Salary
Median Wage$228,160
10th Percentile$103,170
25th Percentile$152,700
75th Percentile$-3
90th Percentile$-3

2. New Jersey ($204,150)

New Jersey Financial Managers in New Jersey earn the 2nd highest average salary in the U.S. The median annual salary for financial managers in New Jersey is $204,150, which is +40% from the national average.
TypeAnnual Salary
Median Wage$204,150
10th Percentile$121,670
25th Percentile$139,400
75th Percentile$230,990
90th Percentile$-3

3. Delaware ($191,750)

Delaware Financial Managers in Delaware earn the 3rd highest average salary in the U.S. The median annual salary for financial managers in Delaware is $191,750, which is +31% from the national average.
TypeAnnual Salary
Median Wage$191,750
10th Percentile$116,510
25th Percentile$131,220
75th Percentile$219,180
90th Percentile$-3

4. Colorado ($190,570)

Colorado Financial Managers in Colorado earn the 4th highest average salary in the U.S. The median annual salary for financial managers in Colorado is $190,570, which is +30% from the national average.
TypeAnnual Salary
Median Wage$190,570
10th Percentile$107,140
25th Percentile$132,140
75th Percentile$219,950
90th Percentile$-3

5. California ($187,410)

California Financial Managers in California earn the 5th highest average salary in the U.S. The median annual salary for financial managers in California is $187,410, which is +28% from the national average.
TypeAnnual Salary
Median Wage$187,410
10th Percentile$90,990
25th Percentile$120,660
75th Percentile$217,410
90th Percentile$-3

6. District of Columbia ($178,140)

District of Columbia Financial Managers in District of Columbia earn the 6th highest average salary in the U.S. The median annual salary for financial managers in District of Columbia is $178,140, which is +22% from the national average.
TypeAnnual Salary
Median Wage$178,140
10th Percentile$121,810
25th Percentile$140,700
75th Percentile$199,520
90th Percentile$-3

7. Massachusetts ($177,990)

Massachusetts Financial Managers in Massachusetts earn the 7th highest average salary in the U.S. The median annual salary for financial managers in Massachusetts is $177,990, which is +22% from the national average.
TypeAnnual Salary
Median Wage$177,990
10th Percentile$81,050
25th Percentile$105,110
75th Percentile$211,170
90th Percentile$-3

8. Rhode Island ($177,350)

Rhode Island Financial Managers in Rhode Island earn the 8th highest average salary in the U.S. The median annual salary for financial managers in Rhode Island is $177,350, which is +21% from the national average.
TypeAnnual Salary
Median Wage$177,350
10th Percentile$104,870
25th Percentile$132,650
75th Percentile$213,090
90th Percentile$-3

9. Virginia ($176,830)

Virginia Financial Managers in Virginia earn the 9th highest average salary in the U.S. The median annual salary for financial managers in Virginia is $176,830, which is +21% from the national average.
TypeAnnual Salary
Median Wage$176,830
10th Percentile$96,210
25th Percentile$126,200
75th Percentile$207,790
90th Percentile$-3

10. Washington ($171,390)

Washington Financial Managers in Washington earn the 10th highest average salary in the U.S. The median annual salary for financial managers in Washington is $171,390, which is +17% from the national average.
TypeAnnual Salary
Median Wage$171,390
10th Percentile$99,250
25th Percentile$124,790
75th Percentile$202,930
90th Percentile$-3

Conclusion

The highest-paid financial managers are in New York, where they earn an average of $228,160 per year. The lowest-paid financial managers are in Guam, where they earn an average of $79,460 per year. The U.S. average salary for financial managers is $146,333 per year and there are 745,180 jobs in the field.