SOC 11-3031 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Financial Managers in Boston-Cambridge is $202,124 per year ($97.18/hr). This is 25% higher than the national median of $161,699. The middle 50% earn between $147,966 and $267,748 annually. Top earners at the 90th percentile reach $323,398.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $51.97 | $108,108 | +25.0% |
| P25 | $71.14 | $147,966 | +25.0% |
| P50MEDIAN | $97.18 | $202,124 | +25.0% |
| P75 | $128.73 | $267,748 | +25.0% |
| P90 | $155.48 | $323,398 | +25.0% |
The overall labor market contracted slightly in February: 5.0M separations vs 4.8M hires. Hiring rate hit 3.1%, the lowest since April 2020. The "Great Stay" persists with quits at 1.9% for 8 consecutive months.
The median (P50) annual salary for Financial Managers in Boston-Cambridge is approximately $202,124, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $161,699.
Entry-level Financial Managers (10th percentile) in Boston-Cambridge earn approximately $108,108 per year. The 25th percentile is $147,966. Top earners (90th percentile) reach $323,398.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $161,699 vs $202,124 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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