Personal or work email, both work. No account needed. Unsubscribe anytime.
The national median salary for Financial Managers is $161,699 per year ($77.74/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2024. The middle 50% of earners make between $118,373 and $214,198 annually. Top earners at the 90th percentile reach $258,719 per year. There are approximately 818,620 financial managers employed in the United States.
About This Role
BLS Standard Occupational Classification 2018
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Career Outlook
BLS Employment Projections · 2024-2034
10-year growth
+14.8%
Much faster than average
Annual openings
75K
per year, on avg
Workforce today
869K
as of 2024
Why those openings exist
17% from new growth83% from people leaving the role
Most openings come from replacement, not growth. Retention matters more than recruiting here.
Typical entry requirements
Education
Bachelor's degree
Experience
5 years or more
On-the-job training
None
Industry Wage Breakdown
Top 5 industries by employment · median annual wage, sector-specific
Industry
Workforce
Median Pay
Credit Intermediation and Related Activities (5221 and 5223 only)
NAICS 5220A1
110K
$127,870
Management of Companies and Enterprises
NAICS 551100
93K
$169,340
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
NAICS 523000
62K
$216,770
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
NAICS 541200
52K
$167,480
Insurance Carriers
NAICS 524100
35K
$171,070
Wage range across top 5 industries: $127,870 to $216,770 (70% spread)
Wage Percentiles
Hourly & annualized (2,080 hours)
Percentile
Hourly Rate
Annual Salary
P10
$41.58
$86,486
P25
$56.91
$118,373
P50MEDIAN
$77.74
$161,699
P75
$102.98
$214,198
P90
$124.38
$258,719
Market Context Signal
JOLTS · other sector
Active
Openings Rate
3.4%
Quits Rate
2.0%
The labor market rebounded in March: hires jumped to 5.6M (+655K) and separations rose to 5.4M (+356K), both more than offsetting February's drop. Job openings held at 6.9M. Quits ticked to 2.0%.
Frequently Asked Questions
What is the average financial managers salary?
The national median salary for Financial Managers is $161,699 per year ($77.74/hr) according to BLS OEWS May 2024 data. The middle 50% earn between $118,373 and $214,198 annually.
How much do top-earning financial managers make?
The 90th percentile salary for Financial Managers is $258,719 per year ($124.38/hr). The 75th percentile is $214,198 per year.
What is the entry-level salary for financial managers?
Entry-level Financial Managers (10th percentile) earn approximately $86,486 per year ($41.58/hr). The 25th percentile is $118,373 per year.
Wage figures on this page come from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment & Wage Statistics (OEWS) survey, May 2024 release. OEWS surveys roughly 1.1 million establishments annually. It is the most comprehensive employer-reported wage dataset in the United States.
P10 through P90 percentiles represent the wage distribution across all surveyed employers (not self-reported by workers). Geographic adjustments use BLS-derived cost multipliers calibrated from regional wage variation.
Wages are estimates. Individual compensation depends on experience, education, employer size, industry, and negotiation. Use this as benchmark context, not absolute ground truth.
CompSignal is a free labor market intelligence tool built for HR, compensation, and talent acquisition teams. We make BLS data, the same primary source Mercer and Radford cross-reference in their paid surveys, searchable and actionable without an enterprise subscription.
Built and maintained by Falcon Incentives, a compensation strategy and incentive design consultancy.