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Financial Manager Salary in Sector of Health Care and Social Assistance

The salary statistics of financial managers in the industry sector of health care and social assistance are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the health care and social assistance sector.

Average Annual Salary of Financial Managers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$65,710
25th Percentile Wage
$84,180
50th Percentile Wage
$112,690
75th Percentile Wage
$151,950
90th Percentile Wage
$203,360

Table 1 shows the average annual salary for financial managers in the industry sector of health care and social assistance. 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 $203,360. The median annual salary (50th percentile) is $112,690. The average annual salary for the bottom 10 percent paid financial managers is $65,710.

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 health care and social assistance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$112,690
3.43% 15.69%
2016
$108,820
1.84% -
2015
$106,820
2.22% -
2014
$104,450
4.12% -
2013
$100,150
5.13% -
2012
$95,010
- -

Compare Financial Manager Salary in Different Industries within the Health Care and Social Assistance Sector

The average salaries of financial managers in 43 industries in the health care and social assistance 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 offices of mental health practitioners (except physicians) industry with an annual salary $155,790. The lowest paying industry is the psychiatric and substance abuse hospitals - state government owned industry (annual salary $79,550). For detailed financial manager salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Offices of Mental Health Practitioners (except Physicians)
$155,790
Offices of Chiropractors
$136,480
Specialty hospitals - State government owned
$132,810
Medical and Diagnostic Laboratories
$130,380
Specialty (except Psychiatric and Substance Abuse) Hospitals
$129,520
Specialty hospitals - Privately owned
$129,100
General Medical and Surgical Hospitals - Privately owned
$128,220
Hospitals - Privately owned
$127,970
General Medical and Surgical Hospitals
$126,320
Hospitals (including private, state, and local government hospitals)
$126,030
General Medical and Surgical Hospitals - State government owned
$124,120
All Other Ambulatory Health Care Services
$124,000
Hospitals - State government owned
$120,290
Psychiatric and Substance Abuse Hospitals - Privately owned
$119,500
Other Ambulatory Health Care Services
$118,650
Hospitals - Local government owned
$117,040
General Medical and Surgical Hospitals - Local government owned
$116,970
Home Health Care Services
$115,420
Ambulatory Health Care Services
$114,540
Offices of Physicians
$114,440
Psychiatric and Substance Abuse Hospitals
$111,440
Outpatient Care Centers
$111,320
Offices of Other Health Practitioners
$108,940
Offices of Physical, Occupational and Speech Therapists, and Audiologists
$108,140
Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly
$103,460
Offices of All Other Health Practitioners
$100,740
Nursing Care Facilities (Skilled Nursing Facilities)
$100,190
Ambulance Services
$98,160
Nursing and Residential Care Facilities
$97,710
Outpatient Mental Health and Substance Abuse Centers
$96,510
Vocational Rehabilitation Services
$95,900
Residential Mental Health and Substance Abuse Facilities
$94,800
Community Food and Housing, and Emergency and Other Relief Services
$94,720
Social Assistance
$94,130
Individual and Family Services
$93,730
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities
$93,480
Offices of Dentists
$93,360
Residential Intellectual and Developmental Disability Facilities
$91,660
Services for the Elderly and Persons with Disabilities
$91,210
Child Day Care Services
$90,770
Other Residential Care Facilities
$90,020
Offices of Optometrists
$87,920
Psychiatric and Substance Abuse Hospitals - State government owned
$79,550

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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