Administrative Services Managers
Median $114,130
Occupation · SOC 11-3031
Financial Managers: pay and where the jobs are
What financial managers earn in the U.S., how pay varies across workers and states, and tools to plan around it.
National pay, May 2025
$166,570 median annual wage
- Mean (average) annual wage
- $186,910
- Median hourly wage
- $80.08
- Mean hourly wage
- $89.86
- Employment
- 841,710
Source: U.S. Bureau of Labor Statistics, OEWS May 2025 (released 2026-05-15), SOC 11-3031.
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How much do financial managers make?
The median annual wage for financial managers was $166,570 in May 2025, so half of workers earned more and half earned less. The lowest-paid 10% earned less than $94,310 and the highest-paid 10% more than $323,270. As an hourly rate, the median is $80.08. About 841,710 people work in this occupation nationwide. The highest state medians are in New York ($219,880), Massachusetts ($206,760) and New Jersey ($199,110). New York also comes out on top after taxes and local prices.
Pay ladder
What each step of the pay range for financial managers looks like per month. Take-home here includes federal tax, Social Security and Medicare for a single filer; add your state in the paycheck calculator.
| Step | Annual | Hourly | Monthly gross | Monthly after federal tax & FICA |
|---|---|---|---|---|
| 10th percentile | $94,310 | $45.34 | $7,859 | $6,265 |
| 25th percentile | $125,490 | $60.33 | $10,458 | $8,087 |
| Median | $166,570 | $80.08 | $13,881 | $10,426 |
| 75th percentile | $219,980 | $105.76 | $18,332 | $13,454 |
| 90th percentile | $323,270 | $155.42 | $26,939 | $18,522 |
Financial Managers: pay by state
54 states and territories have a published median, sorted from highest to lowest. The last two columns are our estimates: the median after 2026 federal and state taxes, and that take-home restated in national-average prices.
1
$138,080 take-home in national prices
2
$135,937 take-home in national prices
3
$133,911 take-home in national prices
Where a median financial manager paycheck goes furthest after 2026 taxes and BEA price levels.
| State | Employment | Median | 10th pct. | 90th pct. | Median after tax* | In national prices† |
|---|---|---|---|---|---|---|
| New York | 80,810 | $219,880 | $124,670 | $370,780 | $149,018 | $138,080 |
| Massachusetts | 26,150 | $206,760 | $120,850 | $332,490 | $141,620 | $133,911 |
| New Jersey | 32,510 | $199,110 | $130,630 | $337,130 | $135,955 | $124,953 |
| District of Columbia | 8,930 | $188,880 | $130,880 | $349,420 | $127,279 | $115,813 |
| Virginia | 20,850 | $185,220 | $108,760 | $323,300 | $128,028 | $126,630 |
| Colorado | 10,640 | $182,690 | $123,900 | $339,290 | $128,001 | $124,210 |
| Delaware | 2,810 | $181,580 | $129,930 | $321,620 | $124,006 | $124,245 |
| California | 93,310 | $180,770 | $101,820 | $341,670 | $119,906 | $108,296 |
| Washington | 12,930 | $174,840 | $115,250 | $318,450 | $128,344 | $119,933 |
| Connecticut | 20,040 | $174,830 | $98,540 | $333,370 | $120,648 | $116,445 |
| Rhode Island | 2,570 | $166,940 | $97,180 | $304,310 | $117,942 | $115,313 |
| Georgia | 21,390 | $166,790 | $94,040 | $315,890 | $117,693 | $122,223 |
| North Carolina | 22,460 | $166,780 | $100,950 | $322,090 | $119,114 | $126,279 |
| Illinois | 52,720 | $165,880 | $100,070 | $313,110 | $116,579 | $116,628 |
| Texas | 71,870 | $164,860 | $98,250 | $309,290 | $123,948 | $127,706 |
| Minnesota | 16,680 | $163,410 | $99,250 | $277,680 | $112,243 | $113,813 |
| South Dakota | 1,000 | $159,700 | $113,930 | $232,240 | $120,421 | $135,937 |
| Kansas | 5,190 | $159,380 | $97,510 | $273,640 | $112,109 | $124,471 |
| Maryland | 19,770 | $158,750 | $84,030 | $290,190 | $112,217 | $106,915 |
| Oregon | 7,610 | $156,460 | $100,890 | $277,820 | $103,823 | $100,447 |
| Florida | 48,910 | $153,280 | $79,450 | $303,790 | $116,033 | $112,202 |
| Utah | 8,860 | $150,450 | $87,550 | $282,980 | $107,404 | $108,638 |
| Pennsylvania | 32,180 | $145,610 | $83,180 | $286,240 | $106,218 | $108,861 |
| New Hampshire | 4,330 | $144,730 | $87,270 | $243,350 | $110,189 | $105,783 |
| Missouri | 13,330 | $143,460 | $86,950 | $273,420 | $103,516 | $113,983 |
| Tennessee | 17,630 | $141,010 | $83,080 | $288,750 | $107,646 | $117,172 |
| Ohio | 27,360 | $140,870 | $82,190 | $273,760 | $104,113 | $112,223 |
| Alabama | 7,200 | $140,500 | $86,340 | $256,750 | $101,635 | $114,425 |
| Nebraska | 5,630 | $140,360 | $89,990 | $227,640 | $101,695 | $112,866 |
| Arizona | 14,900 | $139,830 | $80,690 | $254,840 | $103,738 | $103,040 |
| Wisconsin | 15,530 | $139,720 | $83,100 | $236,620 | $100,000 | $106,276 |
| Michigan | 22,490 | $139,370 | $80,280 | $258,480 | $100,853 | $104,818 |
| South Carolina | 9,020 | $136,160 | $78,930 | $277,850 | $98,203 | $104,751 |
| North Dakota | 2,140 | $135,890 | $87,610 | $229,150 | $102,756 | $115,510 |
| Indiana | 12,560 | $135,840 | $80,610 | $234,710 | $100,135 | $107,292 |
| Hawaii | 3,790 | $134,210 | $79,060 | $220,190 | $94,212 | $85,686 |
| New Mexico | 2,530 | $133,700 | $90,750 | $216,360 | $97,430 | $105,658 |
| Maine | 3,120 | $133,610 | $81,700 | $231,620 | $93,919 | $96,774 |
| Iowa | 9,130 | $133,320 | $80,020 | $225,920 | $97,976 | $111,638 |
| Nevada | 8,090 | $132,490 | $75,240 | $282,460 | $101,823 | $101,844 |
| Oklahoma | 6,670 | $132,460 | $69,910 | $238,250 | $96,387 | $109,727 |
| Montana | 1,510 | $131,060 | $81,430 | $234,370 | $94,802 | $100,165 |
| Kentucky | 6,630 | $130,650 | $82,110 | $223,290 | $96,110 | $106,601 |
| Vermont | 1,790 | $128,690 | $81,230 | $220,750 | $93,236 | $95,180 |
| Idaho | 3,120 | $127,210 | $76,890 | $213,230 | $92,580 | $96,949 |
| Alaska | 2,020 | $127,030 | $85,440 | $205,080 | $97,820 | $95,566 |
| Louisiana | 7,070 | $126,800 | $78,040 | $220,870 | $94,516 | $107,153 |
| Wyoming | 730 | $124,910 | $64,140 | $203,230 | $96,642 | $104,263 |
| Arkansas | 7,120 | $116,570 | $62,780 | $225,010 | $86,724 | $99,755 |
| West Virginia | 2,610 | $113,140 | $73,260 | $199,920 | $84,131 | $94,005 |
| Mississippi | 3,470 | $111,390 | $58,250 | $210,520 | $83,469 | $95,994 |
| Virgin Islands | 170 | $94,990 | $64,070 | $172,000 | — | — |
| Puerto Rico | 3,800 | $90,660 | $55,820 | $170,900 | — | — |
| Guam | 380 | $80,390 | $54,890 | $141,460 | — | — |
Source: U.S. Bureau of Labor Statistics, OEWS May 2025 (released 2026-05-15), SOC 11-3031. *Our estimate for a single filer paid biweekly with no pre-tax deductions or local tax, 2026 federal and state rules. †Take-home ÷ BEA Regional Price Parity × 100 (2024 price levels).
Sources
- OEWS May 2025 (oesm25nat.zip) — U.S. Bureau of Labor Statistics. Accessed 2026-10-09.
- OEWS May 2025 (oesm25st.zip) — U.S. Bureau of Labor Statistics. Accessed 2026-10-09.