Financial Specialists in Massachusetts
Is Massachusetts a good place for you to work as a Financial Specialist?
You’re in luck! Jobs for Financial Specialists in Massachusetts are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Specialists in Massachusetts is growing faster than average.
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Financial Specialists in Massachusetts earn higher salaries than the typical U.S. wage earner.
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How Many Financial Specialists Work in Massachusetts?
In 2018, there were 2,890 Financial Specialists working in the state.
There were 2,790 Financial Specialists employed in this state in 2017.
That’s growth of 100 jobs between 2017 and 2018.
The typical state has 1,410 Financial Specialists working in it, which means Massachusetts has more Financial Specialists than average.
Job Projections for Massachusetts
Jobs for Financial Specialists in this state are growing at a rate of 6.8% which is slower than the nationwide estimated projection of 9.6%.
Massachusetts Annual Job Openings
The BLS estimates 260 annual job openings, and a total of 2,970 jobs for Massachusetts Financial Specialists in 2026.
Nationwide, the prediction is 13,100 annual jobs and 149,000 total jobs in 2026.
What do Financial Specialists Make in Massachusetts?
In 2018 wages for Financial Specialists ranged from $47,500 to $132,880 with $81,120 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $22.84 to $63.88. The median hourly rate was $39.
In 2017 the median pay for this field was $39.48 an hour.
The hourly rate declined by $0.48.
The median salary in Massachusetts is higher than the nationwide median salary.
Top Massachusetts Metros for Financial Specialists
The table below shows some of the metros in this state with the most Financial Specialists.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Boston-Cambridge-Nashua, MA-NH | 2,630 | $82,700 |
| Providence-Warwick, RI-MA | 570 | $71,490 |
| Springfield, MA-CT | 120 | $54,390 |
| Worcester, MA-CT | 120 | $74,130 |
| Barnstable Town, MA | 60 | $58,620 |
Top States for Financial Specialists Employment
The table below shows the states where most Financial Specialists work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 19,100 | $72,620 |
| Texas | 10,780 | $62,900 |
| Florida | 6,410 | $62,400 |
| New Jersey | 5,360 | $77,080 |
| Ohio | 5,300 | $75,670 |
| Maryland | 5,260 | $71,230 |
| Georgia | 4,740 | $73,370 |
| Virginia | 4,500 | $82,900 |
| Illinois | 4,500 | $82,100 |
| New York | 4,450 | $81,800 |
| Michigan | 4,050 | $59,420 |
| Colorado | 3,650 | $74,680 |
| North Carolina | 3,430 | $67,040 |
| Pennsylvania | 3,370 | $71,240 |
| Minnesota | 3,320 | $65,470 |
| District of Columbia | 3,070 | $103,300 |
| Arizona | 2,980 | $71,620 |
| Washington | 2,920 | $65,840 |
| Massachusetts | 2,890 | $81,120 |
| Tennessee | 2,770 | $57,100 |
Below are the states where Financial Specialists get paid the most:
| State | Annual Median Salary |
|---|---|
| District of Columbia | $103,300 |
| Virginia | $82,900 |
| Illinois | $82,100 |
| New York | $81,800 |
| Massachusetts | $81,120 |
| New Hampshire | $77,300 |
| New Jersey | $77,080 |
| Ohio | $75,670 |
| Colorado | $74,680 |
| Connecticut | $73,560 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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