Financial Manager Salary Information in Texas

The average annual and hourly salaries for financial managers in the state of Texas are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers amongst Texas 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 Texas

Percentile BracketAverage Annual Salary
10th Percentile Wage
$74,740
25th Percentile Wage
$99,270
50th Percentile Wage
$130,670
75th Percentile Wage
$178,850
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in Texas in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $178,850. The median (50th percentile) annual salary is $130,670. The average annual salary for the bottom 10 percent is $74,740.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$35.93
25th Percentile Wage
$47.73
50th Percentile Wage
$62.82
75th Percentile Wage
$85.99
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for financial managers in Texas in 5 percentile scales. The average hourly salary for the 75th percentile wage is $85.99. The median hourly salary is $62.82. The average hourly salary for the bottom 10 percent is $35.93.

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
2016130,6701.38%16.06%
2015128,8706.46%-
2014120,5403.47%-
2013116,3605.73%-
2012109,690--

Table 3. Median Annual Salary of Financial Managers in Texas Cities

Table 3 shows the median annual salary of financial managers in some Texas cities and metropolitan areas. We note that the median annual salary of financial managers in state of Texas ranges from $78,720 to $142,910. The highest paying area for financial managers in Texas is Houston-Sugar Land-Baytown with a median annual salary of $142,910. The second highest paying city/area in Texas State is Dallas-Plano-Irving (mean annual salary $136,180). The lowest paying area is Eastern Texas nonmetropolitan area with a median annual salary of $78,720.

Cities/Areas Median Annual Salary
Houston-Sugar Land-Baytown
$142,910
Dallas-Plano-Irving
$136,180
Midland
$135,850
San Antonio-New Braunfels
$133,400
Dallas-Fort Worth-Arlington
$131,520
Austin-Round Rock-San Marcos
$126,580
Sherman-Denison
$123,890
Tyler
$121,690
San Angelo
$118,770
College Station-Bryan
$118,500
Abilene
$116,440
Waco
$116,070
Fort Worth-Arlington
$114,280
Lubbock
$112,080
Victoria
$110,590
Amarillo
$110,060
Longview
$108,670
Odessa
$106,560
Corpus Christi
$106,440
Wichita Falls
$105,820
Beaumont-Port Arthur
$104,660
Central Texas nonmetropolitan area
$102,430
El Paso
$102,360
Brownsville-Harlingen
$99,510
McAllen-Edinburg-Mission
$99,440
Killeen-Temple-Fort Hood
$99,380
Northwestern Texas nonmetropolitan area
$93,560
Southern Texas nonmetropolitan area
$93,200
Texarkana-Texarkana
$92,900
North Central Texas nonmetropolitan area
$85,830
Gulf Coast Texas nonmetropolitan area
$85,620
Laredo
$84,690
Eastern Texas nonmetropolitan area
$78,720


Related:

Highest paying cities for financial managers

Highest paying industries for financial managers.