Financial Manager Salary in 2026
Oversee financial planning, direct investment activities, and develop strategies to meet long-term financial goals.
Median Salary
$166,570
$13,881/mo
Entry Level
$95,300
starting pay
Senior Level
$250,200
experienced
Job Growth
+5%
10-yr outlook
BLS OEWS May 2025 · official national figures
BLS reports Financial Managers (SOC 11-3031) at a national median of $166,570 per year (mean $186,910), or $80.08 per hour, with 841,710 people employed nationwide. The median above is this BLS figure; the entry, senior and top tiers are Salario estimates calibrated to it. Source: BLS Occupational Employment and Wage Statistics, May 2025 release.
Financial Manager Overview
Oversee financial planning, direct investment activities, and develop strategies to meet long-term financial goals.
Education
Bachelor's degree
Experience
2-5 years
Industry
Total Jobs (US)
842K
5-Year Growth
+15%
Category
Business
Hourly Rate
$80.08/hr
Monthly Pay
$13,881
Financial Manager Salary Calculator
Adjust your state and experience level to see the estimated Financial Manager salary in your area.
Mid Career (5-9 yrs)
Estimated Financial Manager Salary
$198,000
$16,500/month · $7,615/biweekly · $95.19/hr
Financial Manager Salary Range
Salary distribution from entry-level to top earners in the Financial Manager field.
Entry-level Financial Managers earn around $95,300, while the top 10% earn $287,750 or more.
Top Paying States for Financial Managers
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $197,000 | +$30,430 |
| New York | $192,000 | +$25,430 |
| Illinois | $173,000 | +$6,430 |
| Texas | $163,000 | $-3,570 |
| Florida | $163,000 | $-3,570 |
Top Paying Cities for Financial Managers
| City | Est. Median Salary | vs National |
|---|---|---|
| New York | $197,000 | +$30,430 |
| Los AngelesBLS metro | $175,310 | +$8,740 |
| Chicago | $175,000 | +$8,430 |
| HoustonBLS metro | $166,910 | +$340 |
| Phoenix | $162,000 | $-4,570 |
Rows marked BLS metro are the BLS OEWS May 2025 median annual wage for Financial Managers in that city's metropolitan statistical area (2 of 5); the remaining rows are Salario estimates that scale the national median by a city cost-of-labor multiplier.
Financial Manager Salary by City
Published city-level wage and take-home pay guides for Financial Manager.
Required Skills & Certifications
Key Skills
Certifications
Financial Manager Career Progression
Typical salary growth path for a Financial Manager from entry level to expert.
$95,300
0-2 years
$173,000
3-7 years
$250,200
8-14 years
$325,300
15+ years
Related Business Jobs
Financial Manager Salary FAQ
How much does a Financial Manager make in 2026?
The median salary for a Financial Manager in the United States is $166,570 per year, the BLS OEWS May 2025 national median for Financial Managers (SOC 11-3031); the mean is $186,910. Salario's calibrated tiers put entry-level positions around $95,300, senior professionals around $250,200, and top earners at $325,300 or more annually.
What education is needed to become a Financial Manager?
A Financial Manager typically requires a Bachelor's degree with 2-5 years of experience. Key skills include Communication, Problem solving, Teamwork. Relevant certifications such as can boost earning potential and career advancement.
What is the job outlook for Financial Managers?
The job market for Financial Managers is projected to grow by 5% over the next decade. There are currently approximately 842K Financial Manager positions in the US. Salary growth over the past 5 years has been approximately 15%, reflecting moderate demand for this role.
Which states pay Financial Managers the most?
The highest-paying states for Financial Managers include California, Texas, New York. In California, the median salary is approximately $197,000. However, cost of living varies significantly, so adjusted purchasing power should be considered when comparing salaries across states.
How can I increase my Financial Manager salary?
To increase your Financial Manager salary, focus on gaining expertise in high-demand skills like Communication and Problem solving. Pursue certifications such as industry-specific credentials. Consider relocating to higher-paying markets like New York. With 2-5 years of experience, you can progress from $95,300 to $250,200 or more.
Methodology & Data Sources: Financial Manager Salary
How we calculate Financial Manager salary data: The national median is the official BLS OEWS May 2025 annual median wage for Financial Managers (SOC 11-3031), retrieved from the BLS Public Data API. The entry, senior and top tiers are a Salario model: the shape of the distribution is Salario's, rescaled so that its median equals the BLS median. State and most city figures are Salario estimates that apply cost-of-labor multipliers to that median.
- National median salary: $166,570, BLS OEWS May 2025 annual median for Financial Managers; BLS mean $186,910; BLS hourly median $80.08.
- Entry-level ($95,300) and senior-level ($250,200) are Salario tiers calibrated to the BLS median; they are not BLS percentiles. BLS publishes P10/P25/P75/P90 wages for this occupation in its OEWS tables.
- Job outlook: +5% projected growth is Salario's outlook figure; compare with the BLS Employment Projections program. BLS OEWS May 2025 counts 841,710 Financial Managers jobs nationwide.
- 5-year salary growth: 15% is a Salario estimate of past 5-year wage growth for the sector, informed by the BLS Employment Cost Index.
- Education requirement: Bachelor's degree, per BLS Occupational Outlook Handbook entry for this occupation.
- State and city estimates apply Salario cost-of-labor multipliers to the national median of $166,570; city rows marked "BLS metro" are real OEWS metropolitan-area medians instead.
Authoritative US data sources for Financial Manager compensation:
- BLS Occupational Employment and Wage Statistics (OEWS), national and metro-area salary data
- BLS Occupational Outlook Handbook, Financial Manager job projections, education, and career outlook
- BLS Employment Projections, 10-year occupation growth and decline data
- BLS Employment Cost Index, quarterly compensation trend data for
- BLS Consumer Price Index (CPI-U), regional inflation for cost-of-living wage adjustments
- IRS Revenue Procedure 2025-32 summary, 2026 federal tax brackets and standard deductions
Disclaimer: Financial Manager salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Communication, Problem solving, Teamwork), certifications, and industry conditions. Always verify with multiple sources including current job listings, recruiter data, and direct employer offers before making career decisions.
Reviewed by Harlan Voss · Last updated May 17, 2026 · BLS figures: OEWS May 2025 release (published May 2026), retrieved from the BLS API on September 17, 2026
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