Financial Managers
SOC 11-3031 • View wages by state
The median annual wage for Financial Managers is $112,034, based on BLS OEWS 2023 data. The mean annual wage is $128,735, and an estimated 400,605 workers are employed in this occupation nationally. Between 2020 and 2023, pay rose +16.3% while consumer prices rose 17.7% — a real change of -1.2% (pay did not keep up with inflation). BLS projects employment will grow 14.8% between 2024 and 2034.
Wage Trend & Inflation Adjustment
How the national median wage for Financial Managers has moved across BLS OEWS release years, and what each year's wage is worth in 2023 dollars after adjusting for CPI inflation. "Real" change strips out inflation — the truest measure of whether pay is actually rising.
| Year | Median (nominal) | In 2023 $ (real) | Employment |
|---|---|---|---|
| 2023 | $156,100 | $156,100 | 787,340 |
| 2022 | $139,790 | $145,544 | 740,780 |
| 2021 | $131,710 | $148,106 | 681,070 |
| 2020 | $134,180 | $157,972 | 653,080 |
Nominal change
+16.3%
Inflation (CPI)
+17.7%
Real change
-1.2%
Job Outlook (2024–2034 BLS projection)
The BLS Employment Projections program estimates how each occupation's employment will change over the coming decade, and how many job openings to expect each year (from both growth and the need to replace workers who leave).
Projected Growth
+14.8%
Much faster than average
Employment 2024
868,600
Projected 2034
997,400
Annual Openings
74,600
Typical entry-level education: Bachelor's degree.
Highest-Paying Areas (2023)
Where Financial Managers earn the most, and how each area's median compares to the national median of $112,034. A positive premium means the area pays above the national rate.
| Area | Median Annual | vs National | Employment |
|---|---|---|---|
| New York | $215,430 | +92.3% | 62,800 |
| New Jersey | $185,430 | +65.5% | 34,530 |
| Delaware | $174,880 | +56.1% | 2,670 |
| District of Columbia | $172,060 | +53.6% | 7,570 |
| Massachusetts | $169,870 | +51.6% | 31,370 |
| California | $169,780 | +51.5% | 97,400 |
| Colorado | $168,410 | +50.3% | 10,700 |
| Washington | $168,120 | +50.1% | 12,640 |
| Virginia | $166,680 | +48.8% | 18,170 |
| Connecticut | $162,260 | +44.8% | 19,440 |
Wage Distribution (National, 2023)
10th, 25th, 50th (median), 75th, and 90th percentile annual wages from BLS OEWS — the full spread, not just an average.
10th Pct
$61,618
25th Pct
$84,025
Median
$112,034
75th Pct
$145,644
90th Pct
$184,856
H-1B Employer Filings
Employer-certified wages from DOL H-1B LCA filings — competitive market benchmark, not approved visas.
| Employer | State | Filings | Median Wage |
|---|---|---|---|
| Druva, Inc. | CA | 5 | $267,675 |
| Deloitte & Touche LLP | NJ | 4 | $160,507 |
| American Express Travel Related Services Company, Inc. | NY | 4 | $177,000 |
| FIS Management Services, LLC | FL | 3 | $180,000 |
| MAZARS USA LLP | NY | 3 | $138,174 |
| Deloitte Tax LLP | NY | 3 | $183,815 |
| Lucid USA, Inc. | CA | 3 | $150,886 |
| RBC Capital Markets LLC | NY | 3 | $277,410 |
| Deloitte & Touche LLP | NE | 3 | $140,713 |
| Amazon.com Services LLC | WA | 3 | $182,582 |
| PayPal, Inc. | CA | 2 | $176,185 |
| Uniqus Consultech Inc. | CA | 2 | $180,000 |
| Branat Construction LLC | NC | 2 | $95,600 |
| JPMorgan Chase & Co. | NY | 2 | $325,000 |
| Bay Harbour Investment, Inc | FL | 2 | $101,000 |
| Nucleus Group Holdings, Inc. | PA | 2 | $191,963 |
| Databricks, Inc. | CA | 2 | $160,000 |
| Pacific Life Insurance Company | CA | 2 | $241,852 |
| Mattel HQ Inc. | CA | 2 | $157,000 |
| Deloitte Services LP | MA | 2 | $147,469 |
Source: DOL Office of Foreign Labor Certification, H-1B LCA data.
Related Occupations in Management
Other occupations in the same SOC major group, ranked by national median wage.
All Management occupations →