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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
$65,170
25th Percentile Wage
$83,430
50th Percentile Wage
$108,870
75th Percentile Wage
$144,510
90th Percentile Wage
$193,510

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 $193,510. The median annual salary (50th percentile) is $108,870. The average annual salary for the bottom 10 percent paid financial managers is $65,170.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers in the industry sector of educational services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$108,870
2.66% 10.17%
2016
$105,970
1.63% -
2015
$104,240
2.38% -
2014
$101,760
2.09% -
2013
$99,630
1.84% -
2012
$97,800
- -

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 $119,850. 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
$119,850
Educational Services - Privately owned
$116,810
Business schools and computer and management training - Privately owned
$114,700
Educational Support Services - Privately owned
$114,690
Elementary and Secondary Schools - Privately owned
$114,160
Business Schools and Computer and Management Training
$113,610
Other Schools and Instruction
$113,290
Colleges, Universities, and Professional Schools
$113,140
Educational Support Services
$112,660
Other schools and instruction - Privately owned
$112,030
Junior colleges - Local government owned
$110,650
Educational Services
$108,870
Elementary and Secondary Schools
$105,450
Colleges, universities, and professional schools - State government owned
$104,830
Educational Services - Local government owned
$103,810
Elementary and Secondary Schools - Local government owned
$102,900
Educational Services - State government owned
$102,350
Junior Colleges (including private, state, and local government schools)
$101,370
Educational Support Services - Local government owned
$100,840
Colleges, universities, and professional schools - Local government owned
$100,450
Junior colleges - Privately owned
$98,040
Elementary and Secondary Schools - State government owned
$95,860
Technical and trade schools - Privately owned
$95,010
Technical and Trade Schools
$92,850
Junior colleges - State government owned
$87,860
Technical and trade schools - Local government owned
$81,310
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 2017 and published in April 2018 [1].




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