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Financial Manager Salary Information in New York

The average annual and hourly salaries for financial managers in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers amongst New York metropolitan areas is shown in Table 3. The salary statistics are 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 & 2. Annual & Hourly Salary of Financial Managers in New York

Percentile BracketAverage Annual Salary
10th Percentile Wage
$87,020
25th Percentile Wage
$119,700
50th Percentile Wage
$175,680
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in New York in 5 percentile scales. The median (50th percentile) annual salary is $175,680. The average annual salary of the 25th percentile is $119,700. The average annual salary for the bottom 10 percent is $87,020.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$41.84
25th Percentile Wage
$57.55
50th Percentile Wage
$84.46
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for financial managers in New York in 5 percentile scales. The median hourly salary is $84.46. The average hourly salary of the 25th percentile is $57.55. The average hourly salary for the bottom 10 percent is $41.84.

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
2016175,6805.72%9.96%
2015165,6302.06%-
2014162,2102.03%-
2013158,9200.47%-
2012158,180--

Table 3. Median Annual Salary of Financial Managers in New York Cities

Table 3 shows the median annual salary of financial managers in some New York cities and metropolitan areas. We note that the median annual salary of financial managers in state of New York ranges from $83,200 to $177,030. The highest paying area for financial managers in New York is New York-White Plains-Wayne with a median annual salary of $177,030. The second highest paying city/area in New York State is New York-Northern New Jersey-Long Island (mean annual salary $175,790). The lowest paying area is Kingston with a median annual salary of $83,200.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$177,030
New York-Northern New Jersey-Long Island
$175,790
Nassau-Suffolk
$144,100
Ithaca
$130,040
Rochester
$127,680
Syracuse
$120,790
Southwest New York nonmetropolitan area
$120,530
Buffalo-Niagara Falls
$116,880
Albany-Schenectady-Troy
$115,240
Poughkeepsie-Newburgh-Middletown
$110,890
Elmira
$102,330
East Central New York nonmetropolitan area
$102,260
Binghamton
$101,180
Glens Falls
$100,690
Utica-Rome
$93,200
Capital-Northern New York nonmetropolitan area
$90,610
Central New York nonmetropolitan area
$88,900
Kingston
$83,200


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