Financial Managers Salary in Massachusetts
Financial Managers in Massachusetts earn a median annual wage of $206,760 —24.1% above the national median of $166,570. That ranks MA #2 of 51 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is 1.33× as concentrated as the national average, making Massachusetts a strong market for this occupation.
Highest-paying states for financial managers
All 51 states ranked by median annual wage. Massachusetts is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New York | $219,880 | $105.71 | 80,810 | 1.54 |
| 2 | Massachusetts | $206,760 | $99.40 | 26,150 | 1.33 |
| 3 | New Jersey | $199,110 | $95.73 | 32,510 | 1.40 |
| 4 | District of Columbia | $188,880 | $90.81 | 8,930 | 2.35 |
| 5 | Virginia | $185,220 | $89.05 | 20,850 | 0.94 |
| 6 | Colorado | $182,690 | $87.83 | 10,640 | 0.68 |
| 7 | Delaware | $181,580 | $87.30 | 2,810 | 1.07 |
| 8 | California | $180,770 | $86.91 | 93,310 | 0.95 |
| 9 | Washington | $174,840 | $84.06 | 12,930 | 0.67 |
| 10 | Connecticut | $174,830 | $84.05 | 20,040 | 2.18 |
Related occupations in Massachusetts
Occupations in the same job family, compared within Massachusetts.
| Occupation | Massachusetts median | U.S. median |
|---|---|---|
| General and Operations Managers | $127,220 | $105,770 |
| Computer and Information Systems Managers | $214,960 | $175,140 |
| Sales Managers | $191,200 | $148,270 |
| Managers, All Other | $182,950 | $141,900 |
| Medical and Health Services Managers | $134,360 | $123,860 |
| Marketing Managers | $212,020 | $166,790 |
Frequently asked questions
How much do financial managers make in Massachusetts?
The median annual wage for financial managers in Massachusetts is $206,760, or $99.40 per hour. That is 24.1% above the national median of $166,570.
What is the entry-level financial managers salary in Massachusetts?
Workers at the 10th percentile earn $120,850 per year ($58.10/hour). The 25th percentile is $161,870.
How many people work as financial managers in Massachusetts?
About 26,150 people work in this occupation in Massachusetts, or 7.2 per 1,000 jobs statewide.
Is Massachusetts a good state for financial managers?
Massachusetts ranks #2 of 51 states by median wage for this occupation. Employment is 1.33x as concentrated as the national average, making Massachusetts a strong market for this occupation.
Which state pays financial managers the most?
New York has the highest median wage at $219,880 per year, followed by Massachusetts ($206,760) and New Jersey ($199,110).