Financial Managers Pay Range in Massachusetts
Pay distribution across experience levels
- 10th Percentile — Entry Level$120,850
- 25th Percentile — Junior$161,870
- 50th Percentile — Median$206,760
- 75th Percentile — Senior$287,520
- 90th Percentile — Top Earners$332,490
Half of Financial Managers in Massachusetts earn more than $206,760. The top 10% make $332,490 or more, while entry-level workers start around $120,850.
Financial Managers in Massachusetts: Key Facts
Source: BLS OEWS May 2025
- Massachusetts ranks 2nd of 51 states for Financial Managers pay, at $218,230 per year (16.8% above the U.S. average of $186,910).
- 26,150 people work as Financial Managers in Massachusetts — 3.1% of all U.S. Financial Managers jobs.
- Location quotient 1.33: Financial Managers jobs are more concentrated in Massachusetts than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $120,850; the top 10% earn over $332,490.
- Hourly equivalent: $104.92 per hour (2,080 hours/year).
- The highest-paying state is New York at $246,560.
- Among management jobs in Massachusetts, Natural Sciences Managers pays the most ($257,010).
Financial Managers Job Market in Massachusetts
Key factors affecting compensation
Massachusetts's key industries are Healthcare, Education, Technology, and its job market is rated very strong. Financial Managers here earn $218,230 on average, placing the state 2nd nationally.
With a cost-of-living index of 1.3 (U.S. = 1.00), a Massachusetts salary of $218,230 is roughly equivalent to $167,869 at the national average cost of living.
Compared with nearby states in the pay ranking, New York ($246,560), New Jersey ($216,740), California ($210,490) are the closest alternatives for Financial Managers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Management Jobs in Massachusetts
Related career salary benchmarks
- Natural Sciences Managers $257,010/yr Massachusetts +17.8% vs this role
- Computer and Information Systems Managers $218,740/yr Massachusetts +0.2% vs this role
- Marketing Managers $213,230/yr Massachusetts 2.3% vs this role
- Architectural and Engineering Managers $203,040/yr Massachusetts 7.0% vs this role
- Sales Managers $201,180/yr Massachusetts 7.8% vs this role
- Public Relations Managers $181,950/yr Massachusetts 16.6% vs this role
- Purchasing Managers $179,070/yr Massachusetts 17.9% vs this role
- Fundraising Managers $165,860/yr Massachusetts 24.0% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Financial Managers salary in Massachusetts?
The average Financial Managers salary in Massachusetts is $218,230 per year (median $206,760), which is 16.8% above the national average of $186,910.
How does Massachusetts rank for Financial Managers pay?
Massachusetts ranks 2nd out of 51 states. The highest-paying state is New York ($246,560/yr).
How much do entry-level Financial Managers make in Massachusetts?
The lowest-paid 10% of Financial Managers in Massachusetts earn about $120,850 per year and the 25th percentile is $161,870.
How much do Financial Managers make per hour in Massachusetts?
About $104.92 per hour, based on the $218,230 annual average and 2,080 working hours per year.
How many Financial Managers work in Massachusetts?
BLS counts 26,150 Financial Managers jobs in Massachusetts (OEWS May 2025).
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