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Financial Manager Salary by State (2026): Complete Table + FAQs
Financial managers run budgeting and reporting for organizations, with pay that varies widely by state and industry. This state-by-state table from the latest official U.S. BLS OEWS release shows hourly, monthly and yearly wages.
Source: U.S. BLS OEWS (latest release) · Last verified: 2026-10-08 · Methodology
Financial Manager pay by state at a glance
| State | Hourly | Monthly | Yearly |
|---|---|---|---|
| New York | $118.54 | $20,547 | $246,560 |
| Massachusetts | $104.92 | $18,186 | $218,230 |
| New Jersey | $104.20 | $18,062 | $216,740 |
| California | $101.20 | $17,541 | $210,490 |
| District of Columbia | $101.17 | $17,535 | $210,420 |
| Colorado | $100.66 | $17,447 | $209,360 |
| Delaware | $98.03 | $16,991 | $203,890 |
| Connecticut | $96.76 | $16,772 | $201,260 |
| Virginia | $95.83 | $16,610 | $199,320 |
| North Carolina | $94.34 | $16,353 | $196,240 |
| Washington | $93.96 | $16,286 | $195,430 |
| Illinois | $88.42 | $15,327 | $183,920 |
| Georgia | $87.94 | $15,243 | $182,920 |
| Rhode Island | $87.21 | $15,117 | $181,400 |
| Texas | $86.62 | $15,014 | $180,170 |
| Minnesota | $84.89 | $14,713 | $176,560 |
| Oregon | $83.55 | $14,483 | $173,790 |
| South Dakota | $82.90 | $14,369 | $172,430 |
| Kansas | $82.46 | $14,293 | $171,510 |
| Maryland | $81.90 | $14,196 | $170,350 |
| Florida | $81.72 | $14,166 | $169,990 |
| Utah | $80.79 | $14,004 | $168,050 |
| Pennsylvania | $79.16 | $13,721 | $164,650 |
| Tennessee | $79.08 | $13,707 | $164,480 |
| Missouri | $78.76 | $13,652 | $163,820 |
| Ohio | $78.26 | $13,565 | $162,780 |
| New Hampshire | $77.37 | $13,410 | $160,920 |
| South Carolina | $77.31 | $13,400 | $160,800 |
| Alabama | $76.98 | $13,343 | $160,120 |
| Arizona | $76.22 | $13,213 | $158,550 |
| Michigan | $76.01 | $13,176 | $158,110 |
| Wisconsin | $74.90 | $12,983 | $155,800 |
| Nebraska | $74.72 | $12,951 | $155,410 |
| Nevada | $74.31 | $12,881 | $154,570 |
| Indiana | $73.69 | $12,772 | $153,260 |
| North Dakota | $73.62 | $12,761 | $153,130 |
| Oklahoma | $73.01 | $12,654 | $151,850 |
| Maine | $72.81 | $12,621 | $151,450 |
| Montana | $72.53 | $12,571 | $150,850 |
| Iowa | $71.99 | $12,478 | $149,730 |
| New Mexico | $71.07 | $12,318 | $147,820 |
| Hawaii | $70.60 | $12,238 | $146,850 |
| Vermont | $70.25 | $12,177 | $146,120 |
| Kentucky | $70.09 | $12,148 | $145,780 |
| Louisiana | $68.59 | $11,889 | $142,670 |
| Idaho | $68.47 | $11,868 | $142,420 |
| Alaska | $67.19 | $11,645 | $139,740 |
| Arkansas | $65.71 | $11,390 | $136,680 |
| Wyoming | $64.76 | $11,226 | $134,710 |
| Mississippi | $61.72 | $10,698 | $128,380 |
| West Virginia | $61.49 | $10,659 | $127,910 |
The states that pay the most
Based on the data above, the top-paying states for this occupation are New York, Massachusetts, New Jersey, California, District of Columbia. Always compare pay against cost of living — a lower dollar wage in a cheaper state can win.
- New York — $246,560 a year
- Massachusetts — $218,230 a year
- New Jersey — $216,740 a year
- California — $210,490 a year
- District of Columbia — $210,420 a year
Frequently asked questions
Which state pays financial managers the most?
The table above ranks every published state and New York currently leads. Banking and corporate hubs pull the top rows.
What is the average financial manager salary?
The U.S. mean financial manager wage is about $186,910 a year (about $89.86 per hour) in the latest BLS OEWS release, with a median near $166,570.
Banks vs startups — which pays better?
Industry matters more than state for finance leadership. Use the table for location, then adjust for sector using current listings.
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