Massachusetts ranks 4th of 51 states and D.C. for financial managers pay, trailing top-paying New York ($215,740) by $34,570 — a 19% gap.
Financial Managers are more concentrated in Massachusetts than the U.S. average — a location quotient of 1.43 means the occupation's share of local jobs is 1.43× the national share.
Massachusetts employs roughly 3.4% of all financial managers in the country (27,690 workers).
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $104,790 | $50.38 |
| 25th percentile | $138,740 | $66.70 |
| 50th percentile (median) | $181,170 | $87.10 |
| 75th percentile | $234,870 | $112.92 |
| 90th percentile (top earners) | N/A | N/A |
| Mean (average) | $204,840 | $98.48 |
How Massachusetts Compares
| State | Median Annual | vs. Massachusetts |
|---|---|---|
| Massachusetts (current) | $181,170 | n/a |
| New York | $215,740 | +19% |
| New Jersey | $188,750 | +4% |
| District of Columbia | $181,210 | +0% |
| Delaware | $180,050 | -1% |
| California | $174,920 | -3% |
| Colorado | $174,840 | -3% |
| Washington | $171,300 | -5% |
| Virginia | $170,290 | -6% |
Showing top-paying states with available data. View all states →
Related Occupations in Massachusetts
| Occupation | Median Annual | Employment |
|---|---|---|
| Lawyers | $179,050 | 22,020 |
| Architectural and Engineering Managers | $178,800 | 8,210 |
| Human Resources Managers | $176,510 | 6,730 |
| Managers, All Other | $172,380 | 10,670 |
| Sales Managers | $170,610 | 13,950 |
| Computer Hardware Engineers | $170,570 | 3,350 |
Frequently Asked Questions
What is the average Financial Managers salary in Massachusetts?
The mean financial managers salary in Massachusetts is $204,840 per year. The median (middle) salary is $181,170 per year.
What is the starting salary for a Financial Managers in Massachusetts?
Entry-level financial managerss (10th percentile) in Massachusetts typically earn around $104,790 per year. Workers at the 25th percentile earn approximately $138,740 per year.
What is the highest Financial Managers salary in Massachusetts?
Top earners (90th percentile) in this occupation in Massachusetts make approximately N/A per year. Those in the 75th percentile earn around $234,870 per year.
How does the Massachusetts Financial Managers salary compare to the national average?
The median financial managers salary in Massachusetts is $181,170, which is +12% above national average of $161,700.