Financial Manager Salary by State (2026)

Financial Managers earn the most in New York at $219,880 a year and the least in Guam at $80,390 (BLS OEWS, May 2025). The national median is $166,570. All 54 states and territories with reported data are ranked below, with a cost-of-living adjusted column.

Highest median
$219,880

New York

National median
$166,570

BLS OEWS, May 2025

Lowest median
$80,390

Guam

States reporting
54

of 54 OEWS areas

Top 5 states for Financial Managers

  1. 1. New York$219,880 median · $203,742 adjusted · 80,810 employed
  2. 2. Massachusetts$206,760 median · $195,505 adjusted · 26,150 employed
  3. 3. New Jersey$199,110 median · $182,997 adjusted · 32,510 employed
  4. 4. District of Columbia$188,880 median · $171,864 adjusted · 8,930 employed
  5. 5. Virginia$185,220 median · $183,197 adjusted · 20,850 employed

Lowest-paying states for Financial Managers

  1. 54. Guam$80,390 median · no price parity · 380 employed
  2. 53. Puerto Rico$90,660 median · no price parity · 3,800 employed
  3. 52. U.S. Virgin Islands$94,990 median · no price parity · 170 employed
  4. 51. Mississippi$111,390 median · $128,104 adjusted · 3,470 employed
  5. 50. West Virginia$113,140 median · $126,418 adjusted · 2,610 employed

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.

Annual wages by state, sortable by median, quartiles, employment and cost-of-living adjusted median
#
1New York$219,880$166,410$328,21080,810$203,742
2Massachusetts$206,760$161,870$287,52026,150$195,505
3New Jersey$199,110$162,800$279,33032,510$182,997
4District of Columbia$188,880$161,470$231,0008,930$171,864
5Virginia$185,220$146,320$224,13020,850$183,197
6Colorado$182,690$149,120$238,38010,640$177,279
7Delaware$181,580$156,330$226,0402,810$181,929
8California$180,770$136,030$269,99093,310$163,268
9Washington$174,840$138,450$222,24012,930$163,382
10Connecticut$174,830$135,540$233,21020,040$168,739
11Rhode Island$166,940$131,000$218,3902,570$163,219
12Georgia$166,790$126,560$215,91021,390$173,211
13North Carolina$166,780$129,780$223,54022,460$176,812
14Illinois$165,880$128,370$216,80052,720$165,950
15Texas$164,860$127,480$214,07071,870$169,859
16Minnesota$163,410$126,580$212,25016,680$165,695
17South Dakota$159,700$134,980$192,5301,000$180,277
18Kansas$159,380$122,290$200,9705,190$176,955
19Maryland$158,750$117,640$209,55019,770$151,250
20Oregon$156,460$124,190$202,7307,610$151,372
21Florida$153,280$105,440$207,15048,910$148,220
22Utah$150,450$116,940$190,7808,860$152,179
23Pennsylvania$145,610$109,470$200,53032,180$149,233
24New Hampshire$144,730$115,390$187,2404,330$138,943
25Missouri$143,460$112,650$198,11013,330$157,966
26Tennessee$141,010$107,450$194,62017,630$153,489
27Ohio$140,870$107,000$192,56027,360$151,842
28Alabama$140,500$108,390$191,0807,200$158,180
29Nebraska$140,360$108,040$177,0005,630$155,777
30Arizona$139,830$104,250$183,86014,900$138,890
31Wisconsin$139,720$106,820$178,16015,530$148,488
32Michigan$139,370$105,490$182,12022,490$144,850
33South Carolina$136,160$102,610$193,0909,020$145,239
34North Dakota$135,890$106,490$176,4402,140$152,756
35Indiana$135,840$101,970$183,13012,560$145,550
36Hawaii$134,210$103,090$167,9103,790$122,063
37New Mexico$133,700$107,920$176,6202,530$144,992
38Maine$133,610$104,150$172,1103,120$137,671
39Iowa$133,320$102,130$173,6609,130$151,911
40Nevada$132,490$95,990$174,5508,090$132,518
41Oklahoma$132,460$96,610$179,7506,670$150,792
42Montana$131,060$100,770$181,2601,510$138,475
43Kentucky$130,650$100,190$169,6806,630$144,911
44Vermont$128,690$100,480$172,5301,790$131,373
45Idaho$127,210$96,210$165,7803,120$133,213
46Alaska$127,030$102,560$163,5602,020$124,102
47Louisiana$126,800$99,200$168,3407,070$143,753
48Wyoming$124,910$90,270$161,590730$134,760
49Arkansas$116,570$82,140$168,0607,120$134,086
50West Virginia$113,140$82,280$153,3702,610$126,418
51Mississippi$111,390$79,640$155,5803,470$128,104
52U.S. Virgin Islands$94,990$77,720$116,800170N/A
53Puerto Rico$90,660$71,410$127,1803,800N/A
54Guam$80,390$63,760$105,010380N/A

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, that changes the ranking: New York leads on raw pay at $219,880, while New York leads 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.

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?

Guam reports the lowest median for Financial Managers at $80,390 a year, $139,490 below the highest-paying state (BLS OEWS, May 2025).

Where do Financial Managers earn the most after cost of living?

Dividing each state median by that state's BEA Regional Price Parity puts New York first at $203,742 in national-average dollars, from a raw median of $219,880. BEA Regional Price Parities, 2024.

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