The annual salary statistics of financial managers in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage information of financial managers in Boston-Cambridge-Quincy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $68,120 |
| 25th Percentile Wage | $94,860 |
| 50th Percentile Wage | $132,750 |
| 75th Percentile Wage | $188,900 |
| 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 $188,900. The median (50th percentile) annual salary is $132,750. The average annual salary for the bottom 10 percent earners is $68,120.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $132,750 | 1.28% | 9.39% |
| 2016 | $131,050 | 4.01% | - |
| 2015 | $125,790 | 2.76% | - |
| 2014 | $122,320 | 3.76% | - |
| 2013 | $117,720 | -2.18% | - |
| 2012 | $120,290 | - | - |
From Table 3 we note that with a median annual salary of $132,750, 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 $142,240). Compared with Boston-Cambridge-Quincy, the median annual salary of financial managers in Boston-Cambridge-Quincy is 6.7 percent (6.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boston-Cambridge-Quincy | |
| Boston-Cambridge-Quincy | |
| Framingham | |
| Peabody | |
| Springfield | |
| New Bedford | |
| Brockton-Bridgewater-Easton | |
| Worcester | |
| Northwest Massachusetts nonmetropolitan area | |
| Pittsfield | |
| Taunton-Norton-Raynham | |
| Barnstable Town | |
| Leominster-Fitchburg-Gardner | |
| Massachusetts nonmetropolitan area | |
| Nantucket Island and Marthas Vineyard nonmetropolitan area | |
| North Central Massachusetts nonmetropolitan area | |
| Southwest Massachusetts nonmetropolitan area |