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Financial Managers in Massachusetts

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Financial Managers in Massachusetts

Considering a career as a Financial Manager in Massachusetts?

17.3% Jobs Projection
$130,180 Median Salary
2,600 Job Openings

You’re in luck! Jobs for Financial Managers in Massachusetts are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Managers in Massachusetts is growing faster than average.

  • Financial Managers in Massachusetts earn higher salaries than the typical U.S. wage earner.

How Many Financial Managers Work in Massachusetts?

In 2018, there were 33,880 Financial Managers working in the state.

There were 30,610 Financial Managers employed in this state in 2017.

That’s growth of 3,270 jobs between 2017 and 2018.

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The typical state has 6,900 Financial Managers working in it, which means Massachusetts has more Financial Managers than average.

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Job Projections for Massachusetts

Jobs for Financial Managers in this state are growing at a rate of 17.3% which is slower than the nationwide estimated projection of 18.7%.

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Massachusetts Annual Job Openings

The BLS estimates there will be 2,600 annual job openings, and 31,800 total jobs in 2026 for Financial Managers in this state.

Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.

What do Financial Managers Make in Massachusetts?

In 2018 wages for Financial Managers ranged from $66,480 to $208,000 with $130,180 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $31.96 to $100. The median hourly rate was $62.59.

Workers in this field were paid a median of $59.59 an hour in 2017.

The hourly rate grew by $3.00.

The median salary in Massachusetts is higher than the nationwide median salary.

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Top Massachusetts Metros for Financial Managers

The table below shows some of the metros in this state with the most Financial Managers.

Metro Number Employed Annual Median Salary
Boston-Cambridge-Nashua, MA-NH 29,480 $135,340
Providence-Warwick, RI-MA 2,890 $128,040
Springfield, MA-CT 1,850 $100,890
Worcester, MA-CT 1,550 $103,040
Barnstable Town, MA 500 $93,710
Pittsfield, MA 280 $94,560
Leominster-Gardner, MA 260 $91,170

Top States for Financial Managers Employment

View the list below to see where most Financial Managers work.

State Number Employed Annual Median Salary
California 81,350 $139,240
New York 42,460 $194,820
Illinois 40,040 $126,020
Texas 39,580 $129,320
Massachusetts 33,880 $130,180
Florida 29,050 $114,190
New Jersey 21,340 $157,490
Ohio 19,980 $118,100
Georgia 17,840 $127,830
Pennsylvania 17,730 $138,980
Tennessee 15,870 $95,970
Connecticut 15,750 $144,500
North Carolina 15,730 $131,610
Minnesota 15,610 $121,210
Virginia 15,180 $147,710
Michigan 14,760 $116,300
Washington 13,010 $123,430
Maryland 12,550 $137,820
Arizona 11,400 $103,910
Iowa 8,630 $100,280

Below are the states where Financial Managers get paid the most:

State Annual Median Salary
New York $194,820
New Jersey $157,490
Delaware $152,180
District of Columbia $150,550
Virginia $147,710
Colorado $146,000
Connecticut $144,500
California $139,240
Pennsylvania $138,980
Maryland $137,820

References

More about our data sources and methodologies.

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