National » Management » Financial Managers » Educational Services

Financial Manager Salary in Sector of Educational Services

The salary statistics of financial managers in the industry sector of educational services are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the educational services sector.

Average Annual Salary of Financial Managers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$63,590
25th Percentile Wage
$81,480
50th Percentile Wage
$105,970
75th Percentile Wage
$139,310
90th Percentile Wage
$186,000

Table 1 shows the average annual salary for financial managers in the industry sector of educational services. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) financial managers is $186,000. The median annual salary (50th percentile) is $105,970. The average annual salary for the bottom 10 percent paid financial managers is $63,590.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers in the industry sector of educational services from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016105,9701.63%7.71%
2015104,2402.38%-
2014101,7602.09%-
201399,6301.84%-
201297,800--

Compare Financial Manager Salary in Different Industries within the Educational Services Sector

The average salaries of financial managers in 27 industries in the educational services sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for financial manager occupations is the colleges, universities, and professional schools - privately owned industry with an annual salary $118,660. The lowest paying industry is the technical and trade schools - state government owned industry (annual salary $66,870). For detailed financial manager salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Colleges, universities, and professional schools - Privately owned
$118,660
Educational Services - Privately owned
$113,660
Colleges, Universities, and Professional Schools
$113,310
Colleges, universities, and professional schools - Local government owned
$109,800
Elementary and Secondary Schools - Privately owned
$109,050
Business schools and computer and management training - Privately owned
$108,540
Educational Support Services - Local government owned
$107,850
Educational Support Services
$107,640
Educational Support Services - Privately owned
$107,580
Business Schools and Computer and Management Training
$107,280
Educational Services
$105,970
Colleges, universities, and professional schools - State government owned
$105,840
Junior colleges - Local government owned
$105,430
Other Schools and Instruction
$104,050
Other schools and instruction - Privately owned
$103,730
Educational Services - State government owned
$102,210
Elementary and Secondary Schools
$100,960
Educational Services - Local government owned
$100,140
Elementary and Secondary Schools - Local government owned
$99,000
Junior Colleges (including private, state, and local government schools)
$96,770
Junior colleges - Privately owned
$92,270
Technical and trade schools - Privately owned
$90,030
Elementary and Secondary Schools - State government owned
$88,850
Technical and Trade Schools
$86,860
Technical and trade schools - Local government owned
$85,240
Junior colleges - State government owned
$84,820
Technical and trade schools - State government owned
$66,870

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



Related:

Highest paying cities for financial managers

Highest paying industries for financial managers.