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Financial Manager Salary Information in Framingham, Massachusetts

The annual and hourly salary statistics of financial managers in Framingham, Massachusetts are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Framingham is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Framingham, Massachusetts

Percentile BracketAverage Annual Salary
10th Percentile Wage
$62,440
25th Percentile Wage
$87,230
50th Percentile Wage
$120,150
75th Percentile Wage
$162,420
90th Percentile Wage
$186,650

Table 1 shows the average annual salary for financial managers in Framingham, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $186,650. The median (50th percentile) annual salary is $120,150. The average annual salary for the bottom 10 percent earners is $62,440.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$120,150
-0.26% -3.57%
2016
$120,460
0.72% -
2015
$119,590
-8.19% -
2014
$129,390
-0.77% -
2013
$130,380
4.56% -
2012
$124,440
- -

Table 3. Compare Financial Manager Salary in Framingham with Other Massachusetts Cities

From Table 3 we note that the median annual salary of $120,150 in Framingham is in the middle of salary range for financial managers in state of Massachusetts. In comparison, the annual salary of financial managers in Framingham is 9.5 percent (9.5%) lower than that in the highest paying Boston-Cambridge-Quincy and 41.6 percent (41.6%) higher than that in the lowest paying Southwest Massachusetts nonmetropolitan area.

Cities/Areas Median Annual Salary
Boston-Cambridge-Quincy
$132,750
Boston-Cambridge-Quincy
$129,000
Framingham
$120,150
Peabody
$113,160
Brockton-Bridgewater-Easton
$108,750
Worcester
$107,630
Northwest Massachusetts nonmetropolitan area
$96,880
New Bedford
$96,260
Barnstable Town
$94,840
Taunton-Norton-Raynham
$92,430
Springfield
$92,270
Pittsfield
$91,660
Nantucket Island and Marthas Vineyard nonmetropolitan area
$78,600
Leominster-Fitchburg-Gardner
$76,900
North Central Massachusetts nonmetropolitan area
$76,180
Southwest Massachusetts nonmetropolitan area
$70,170



See also: Top paying jobs in Framingham, Massachusetts.