National Salary Info » Highest Paying States for Financial Managers

Highest Paying States for Financial Managers

The highest paying states for financial managers (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of financial managers in those states are also shown in the table. As shown in the table, with an annual salary of $190,260, New York is the highest paying state for financial managers. It is followed by New Jersey (average annual salary $156,590). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2018 [1]. For more salary information of financial managers in a specific state, use the links in the table.

Table 1. Highest Paying States for Financial Managers

Rank State Average Salary i Entry Level
Salary i
# of
Empl. i
1 New York
$190,260
$94,450 40,570
2 New Jersey
$156,590
$91,350 20,590
3 Delaware
$150,150
$99,470 1,900
4 District of Columbia
$145,630
$104,960 7,470
5 Colorado
$142,780
$84,320 6,410
6 Virginia
$141,880
$83,950 13,540
7 Connecticut
$137,410
$77,490 15,280
8 Pennsylvania
$136,790
$76,380 17,250
9 California
$135,460
$72,870 72,100
10 Maryland
$134,300
$77,060 12,230
11 Rhode Island
$132,760
$72,870 2,320
12 Texas
$131,440
$69,630 32,480
13 North Carolina
$130,100
$80,490 15,780
14 Georgia
$126,510
$66,000 17,130
15 Massachusetts
$123,950
$64,040 30,610
16 Missouri
$121,810
$66,870 8,500
17 South Dakota
$121,700
$85,050 650
18 Washington
$119,820
$68,810 12,920
19 Minnesota
$119,740
$70,460 14,680
20 Florida
$118,730
$60,900 25,040
21 Alabama
$118,310
$69,460 5,200
22 Illinois
$117,830
$62,650 37,310
23 Wisconsin
$116,760
$71,980 8,080
24 Ohio
$116,080
$63,980 19,890
25 Michigan
$111,060
$65,260 14,790
26 Kansas
$110,000
$59,610 3,900
27 Vermont
$109,780
$68,690 860
28 New Hampshire
$109,720
$60,670 3,420
29 Oregon
$107,280
$59,620 7,330
30 South Carolina
$106,810
$61,210 5,010
31 North Dakota
$105,840
$65,740 1,350
32 Nevada
$103,760
$60,630 5,470
33 Indiana
$102,890
$53,880 7,370
34 Hawaii
$102,860
$59,050 2,420
35 Nebraska
$100,930
$59,930 2,810
36 Utah
$100,560
$51,130 5,800
37 Iowa
$100,040
$57,180 8,780
38 Kentucky
$99,980
$53,990 6,100
39 Alaska
$99,800
$60,750 970
40 Maine
$99,490
$59,430 2,640
41 Arizona
$98,620
$54,880 11,370
42 Tennessee
$96,050
$49,500 14,500
43 Wyoming
$95,720
$61,560 620
44 Montana
$95,250
$55,320 670
45 Oklahoma
$92,450
$49,170 6,650
46 New Mexico
$91,430
$54,110 2,310
47 Mississippi
$89,760
$49,930 3,470
48 West Virginia
$88,800
$50,300 1,600
49 Louisiana
$87,870
$54,880 5,060
50 Arkansas
$86,870
$36,750 3,840
51 Idaho
$83,620
$46,750 2,370
52 Virgin Islands
$76,340
$46,400 150
53 Puerto Rico
$69,830
$36,850 3,710
54 Guam
$63,500
$39,700 370
See also: Highest paying industries for financial managers, Top Paying Jobs in America.