Pay by state · 54 areas
Financial Manager Salary by State (2026)
Financial Managers earn the most in New York at $219,880 a year and the least in Mississippi at $111,390 (BLS OEWS, May 2025). The national median is $166,570. The table below covers all 50 states, DC, U.S. Virgin Islands, Puerto Rico and Guam, with a cost-of-living adjusted column.
- Highest median
- $219,880New York
- National median
- $166,570BLS OEWS, May 2025
- Lowest median
- $111,390Mississippi
- Areas reporting
- 54of 54 OEWS areas
Top and bottom
Highest- and lowest-paying states for financial managers
Ranked on the state median among the 50 states and DC. Territories are in the full table but not ranked here.
Highest median pay
- 1New York$219,880
- 2Massachusetts$206,760
- 3New Jersey$199,110
- 4District of Columbia$188,880
- 5Virginia$185,220
Lowest median pay
- 1Mississippi$111,390
- 2West Virginia$113,140
- 3Arkansas$116,570
- 4Wyoming$124,910
- 5Louisiana$126,800
All states
Financial Manager salary in every state
Sort by any column. Employment is the number of financial managers OEWS estimates in that state; blank cells are estimates BLS suppressed because the sample was too small.
| # | ||||||
|---|---|---|---|---|---|---|
| 1 | NYNew York | $219,880 | $166,410 | $328,210 | 80,810 | $203,742 |
| 2 | MAMassachusetts | $206,760 | $161,870 | $287,520 | 26,150 | $195,505 |
| 3 | NJNew Jersey | $199,110 | $162,800 | $279,330 | 32,510 | $182,997 |
| 4 | DCDistrict of Columbia | $188,880 | $161,470 | $231,000 | 8,930 | $171,864 |
| 5 | VAVirginia | $185,220 | $146,320 | $224,130 | 20,850 | $183,197 |
| 6 | COColorado | $182,690 | $149,120 | $238,380 | 10,640 | $177,279 |
| 7 | DEDelaware | $181,580 | $156,330 | $226,040 | 2,810 | $181,929 |
| 8 | CACalifornia | $180,770 | $136,030 | $269,990 | 93,310 | $163,268 |
| 9 | WAWashington | $174,840 | $138,450 | $222,240 | 12,930 | $163,382 |
| 10 | CTConnecticut | $174,830 | $135,540 | $233,210 | 20,040 | $168,739 |
| 11 | RIRhode Island | $166,940 | $131,000 | $218,390 | 2,570 | $163,219 |
| 12 | GAGeorgia | $166,790 | $126,560 | $215,910 | 21,390 | $173,211 |
| 13 | NCNorth Carolina | $166,780 | $129,780 | $223,540 | 22,460 | $176,812 |
| 14 | ILIllinois | $165,880 | $128,370 | $216,800 | 52,720 | $165,950 |
| 15 | TXTexas | $164,860 | $127,480 | $214,070 | 71,870 | $169,859 |
| 16 | MNMinnesota | $163,410 | $126,580 | $212,250 | 16,680 | $165,695 |
| 17 | SDSouth Dakota | $159,700 | $134,980 | $192,530 | 1,000 | $180,277 |
| 18 | KSKansas | $159,380 | $122,290 | $200,970 | 5,190 | $176,955 |
| 19 | MDMaryland | $158,750 | $117,640 | $209,550 | 19,770 | $151,250 |
| 20 | OROregon | $156,460 | $124,190 | $202,730 | 7,610 | $151,372 |
| 21 | FLFlorida | $153,280 | $105,440 | $207,150 | 48,910 | $148,220 |
| 22 | UTUtah | $150,450 | $116,940 | $190,780 | 8,860 | $152,179 |
| 23 | PAPennsylvania | $145,610 | $109,470 | $200,530 | 32,180 | $149,233 |
| 24 | NHNew Hampshire | $144,730 | $115,390 | $187,240 | 4,330 | $138,943 |
| 25 | MOMissouri | $143,460 | $112,650 | $198,110 | 13,330 | $157,966 |
| 26 | TNTennessee | $141,010 | $107,450 | $194,620 | 17,630 | $153,489 |
| 27 | OHOhio | $140,870 | $107,000 | $192,560 | 27,360 | $151,842 |
| 28 | ALAlabama | $140,500 | $108,390 | $191,080 | 7,200 | $158,180 |
| 29 | NENebraska | $140,360 | $108,040 | $177,000 | 5,630 | $155,777 |
| 30 | AZArizona | $139,830 | $104,250 | $183,860 | 14,900 | $138,890 |
| 31 | WIWisconsin | $139,720 | $106,820 | $178,160 | 15,530 | $148,488 |
| 32 | MIMichigan | $139,370 | $105,490 | $182,120 | 22,490 | $144,850 |
| 33 | SCSouth Carolina | $136,160 | $102,610 | $193,090 | 9,020 | $145,239 |
| 34 | NDNorth Dakota | $135,890 | $106,490 | $176,440 | 2,140 | $152,756 |
| 35 | INIndiana | $135,840 | $101,970 | $183,130 | 12,560 | $145,550 |
| 36 | HIHawaii | $134,210 | $103,090 | $167,910 | 3,790 | $122,063 |
| 37 | NMNew Mexico | $133,700 | $107,920 | $176,620 | 2,530 | $144,992 |
| 38 | MEMaine | $133,610 | $104,150 | $172,110 | 3,120 | $137,671 |
| 39 | IAIowa | $133,320 | $102,130 | $173,660 | 9,130 | $151,911 |
| 40 | NVNevada | $132,490 | $95,990 | $174,550 | 8,090 | $132,518 |
| 41 | OKOklahoma | $132,460 | $96,610 | $179,750 | 6,670 | $150,792 |
| 42 | MTMontana | $131,060 | $100,770 | $181,260 | 1,510 | $138,475 |
| 43 | KYKentucky | $130,650 | $100,190 | $169,680 | 6,630 | $144,911 |
| 44 | VTVermont | $128,690 | $100,480 | $172,530 | 1,790 | $131,373 |
| 45 | IDIdaho | $127,210 | $96,210 | $165,780 | 3,120 | $133,213 |
| 46 | AKAlaska | $127,030 | $102,560 | $163,560 | 2,020 | $124,102 |
| 47 | LALouisiana | $126,800 | $99,200 | $168,340 | 7,070 | $143,753 |
| 48 | WYWyoming | $124,910 | $90,270 | $161,590 | 730 | $134,760 |
| 49 | ARArkansas | $116,570 | $82,140 | $168,060 | 7,120 | $134,086 |
| 50 | WVWest Virginia | $113,140 | $82,280 | $153,370 | 2,610 | $126,418 |
| 51 | MSMississippi | $111,390 | $79,640 | $155,580 | 3,470 | $128,104 |
| 52 | VIU.S. Virgin Islands | $94,990 | $77,720 | $116,800 | 170 | N/A |
| 53 | PRPuerto Rico | $90,660 | $71,410 | $127,180 | 3,800 | N/A |
| 54 | GUGuam | $80,390 | $63,760 | $105,010 | 380 | N/A |
Method
How the cost-of-living adjustment works
The adjusted column divides each state median by that state's BEA Regional Price Parity (RPP) and multiplies by 100. RPPs measure how much a fixed basket of goods, services and rents costs in one state relative to the national average, so the result restates local pay in national-average dollars.
For financial managers, the adjustment does not change the leader: New York is first on raw pay and still first once prices are taken into account, at $203,742.
Source: BEA Regional Price Parities by State, 2024 (public domain). The adjustment is NueCareer's calculation, not a BLS or BEA published statistic.
Questions
Financial Manager pay by state: FAQ
Which state pays financial managers the most?
New York reports the highest median wage for financial managers at $219,880 a year (BLS OEWS, May 2025), followed by Massachusetts ($206,760) and New Jersey ($199,110).
Which state pays financial managers the least?
Among the 50 states and DC, Mississippi reports the lowest median for financial managers at $111,390 a year, $108,490 below the highest-paying state (BLS OEWS, May 2025). Among the territories, U.S. Virgin Islands reports $94,990, Puerto Rico reports $90,660 and Guam reports $80,390.
In which states do financial managers earn over $100,000?
All 50 states and DC: even the lowest, Mississippi, has a median of $111,390 (BLS OEWS, May 2025).
Is the highest-paying state the best for financial managers after cost of living?
Yes. New York stays first after dividing each state median by its BEA Regional Price Parity, at $203,742 in national-average dollars from a raw $219,880. BEA Regional Price Parities, 2024; the adjustment is NueCareer's calculation.