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Financial Manager Salary Information in Boston-Cambridge-Quincy, Massachusetts

The annual and hourly salary statistics of financial managers in Boston-Cambridge-Quincy, Massachusetts are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Boston-Cambridge-Quincy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Boston-Cambridge-Quincy, Massachusetts

Percentile BracketAverage Annual Salary
10th Percentile Wage
$66,090
25th Percentile Wage
$91,350
50th Percentile Wage
$127,080
75th Percentile Wage
$175,010
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $175,010. The median (50th percentile) annual salary is $127,080. The average annual salary for the bottom 10 percent earners is $66,090.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$31.77
25th Percentile Wage
$43.92
50th Percentile Wage
$61.09
75th Percentile Wage
$84.14
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for financial managers in Boston-Cambridge-Quincy, Massachusetts. The average hourly salary for the 75th percentile wage is $84.14. The median hourly salary is $61.09. The average hourly salary for the bottom 10 percent is $31.77.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016127,0804.09%8.40%
2015121,8801.98%-
2014119,4703.57%-
2013115,200-1.05%-
2012116,410--

Table 3. Compare Financial Manager Salary in Boston-Cambridge-Quincy with Other Massachusetts Cities

From Table 3 we note that with a median annual salary of $127,080, Boston-Cambridge-Quincy is the second highest paying city for financial managers in state of Massachusetts, following the highest paying city Boston-Cambridge-Quincy (median annual salary of $131,050). Compared with Boston-Cambridge-Quincy, the median annual salary of financial managers in Boston-Cambridge-Quincy is 3.0 percent (3.0%) lower.

Cities/Areas Median Annual Salary
Boston-Cambridge-Quincy
$131,050
Boston-Cambridge-Quincy
$127,080
Framingham
$120,460
Peabody
$106,090
Worcester
$100,620
Brockton-Bridgewater-Easton
$96,010
New Bedford
$94,520
Barnstable Town
$91,540
Pittsfield
$89,760
Springfield
$89,540
Taunton-Norton-Raynham
$88,820
Leominster-Fitchburg-Gardner
$85,230
Southwest Massachusetts nonmetropolitan area
$72,990
North Central Massachusetts nonmetropolitan area
$71,950
Northwest Massachusetts nonmetropolitan area
$71,760
Nantucket Island and Marthas Vineyard nonmetropolitan area
$64,870

See also: Top paying jobs in Boston-Cambridge-Quincy, Massachusetts.