Massachusetts Median
$206,760
per year
Hourly Rate
$99.40
based on 2,080 hrs/yr
vs National
+24% vs US median
US median $166,570
State Rank
#2 of 51
26,150 employed here
How much does a Financial Manager make in Massachusetts?
A Financial Manager working in Massachusetts earns a median salary of $206,760 per year, or about $99.40 per hour. That is 24% above the national median of $166,570 for this occupation.
Within Massachusetts, entry-level pay starts around $120,850 while the top 10% make $332,490 or more. The middle 50% of earners fall between $161,870 and $287,520 a year.
Financial Manager salary range in Massachusetts
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $120,850 | $58.10 |
|
| 25th percentile (early career) | $161,870 | $77.82 |
|
| 50th percentile (median) | $206,760 | $99.40 |
|
| 75th percentile (experienced) | $287,520 | $138.23 |
|
| 90th percentile (top earners) | $332,490 | $159.85 |
|
How Massachusetts compares
Massachusetts ranks 2nd out of 51 states and territories for Financial Manager pay. The top 5 best-paying states:
Financial Manager salary in other states
New York $219,880New Jersey $199,110District of Columbia $188,880Virginia $185,220Colorado $182,690Delaware $181,580California $180,770Washington $174,840Connecticut $174,830Rhode Island $166,940Georgia $166,790North Carolina $166,780Illinois $165,880Texas $164,860Minnesota $163,410South Dakota $159,700Kansas $159,380Maryland $158,750Oregon $156,460Florida $153,280Utah $150,450Pennsylvania $145,610New Hampshire $144,730Missouri $143,460Tennessee $141,010Ohio $140,870Alabama $140,500Nebraska $140,360Arizona $139,830Wisconsin $139,720Michigan $139,370South Carolina $136,160North Dakota $135,890Indiana $135,840Hawaii $134,210New Mexico $133,700Maine $133,610Iowa $133,320Nevada $132,490Oklahoma $132,460Montana $131,060Kentucky $130,650Vermont $128,690Idaho $127,210Alaska $127,030Louisiana $126,800Wyoming $124,910Arkansas $116,570West Virginia $113,140Mississippi $111,390
Working as a Financial Manager in Massachusetts
Nationally, about 842,000 people work as Financial Managers in the United States. A master's degree (usually 5 to 6 years of college) is typically required.
Considering a move? Compare Massachusetts pay ($206,760) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Financial Manager make in Massachusetts?
The median Financial Manager salary in Massachusetts is $206,760 per year, or about $99.40 per hour, per official BLS state wage estimates. Salaries typically range from $120,850 at the entry level to $332,490 for the top 10% of earners.
How does Massachusetts pay compare to the national average?
Massachusetts pays Financial Managers about 24% more than the national median of $166,570. Massachusetts ranks 2nd out of 51 states and territories reporting this occupation.
Is Massachusetts a good state for Financial Managers?
Yes on pay — Massachusetts pays above the national median for this occupation, at $206,760 a year. About 26,150 Financial Managers are employed in Massachusetts. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in Massachusetts?
The highest-paying occupations in Massachusetts include Radiologist ($426,560), Orthopedic Surgeon, Except Pediatric ($392,300), Surgeon, All Other ($387,150), based on median annual pay in official BLS state estimates.
← See the national Financial Manager salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.