SOC 11-3031 · Massachusetts · BLS OEWS May 2024
The median salary for Financial Managers in Massachusetts is $192,422 per year ($92.51/hr). This is 19% higher than the national median of $161,699. The middle 50% earn between $140,864 and $254,896 annually. Top earners at the 90th percentile reach $307,875.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $49.48 | $102,919 | +19.0% |
| P25 | $67.72 | $140,864 | +19.0% |
| P50MEDIAN | $92.51 | $192,422 | +19.0% |
| P75 | $122.55 | $254,896 | +19.0% |
| P90 | $148.02 | $307,875 | +19.0% |
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 Massachusetts is approximately $192,422, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 19% higher than the national median of $161,699.
Entry-level Financial Managers (10th percentile) in Massachusetts earn approximately $102,919 per year. The 25th percentile is $140,864. Top earners (90th percentile) reach $307,875.
Massachusetts pays 19% higher than the national average. The national P50 is $161,699 vs $192,422 in Massachusetts. Based on BLS national data adjusted for regional cost factors.
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