The salary statistics and trend of financial managers in the industry of state government, including schools and hospitals are shown in the following tables and chart. In Table 3 we compare financial manager salaries in different industries within the federal, state, and local government sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $57,900 |
| 25th Percentile Wage | $72,990 |
| 50th Percentile Wage | $93,680 |
| 75th Percentile Wage | $119,750 |
| 90th Percentile Wage | $154,930 |
Table 1 shows the average annual salaries for financial managers in the industry of state government, including schools and hospitals. 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 $154,930. The median annual salary (50th percentile) is $93,680. The average annual salary for the bottom 10 percent financial managers is $57,900.
The table and chart below show the trend of the median salary of financial managers in the industry of State government, including schools and hospitals from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $93,680 | -3.25% | 3.46% |
| 2016 | $96,720 | 1.48% | - |
| 2015 | $95,290 | 3.62% | - |
| 2014 | $91,840 | -0.62% | - |
| 2013 | $92,410 | 2.13% | - |
| 2012 | $90,440 | - | - |
The average salaries of financial managers in eight industries within the federal, state, and local government sector are shown in Table 3. For salary information of financial managers in a specific industry, use the links in the table.
Back to: Salary of financial managers in the industry sector of federal, state, and local government.