Occupational Employment and Wages, May 2013

11-3031 Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
499,320 0.5 % $60.89 $126,660 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $29.48 $39.32 $54.18 $74.02 (5)
Annual Wage (2) $61,320 $81,780 $112,700 $153,970 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Depository Credit Intermediation 74,430 4.34 $50.71 $105,470
Management of Companies and Enterprises 58,920 2.77 $68.77 $143,040
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 21,860 2.48 $76.43 $158,970
Insurance Carriers 19,660 1.67 $66.69 $138,710
Local Government (OES Designation) 19,230 0.35 $44.69 $92,950

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Depository Credit Intermediation 74,430 4.34 $50.71 $105,470
Other Financial Investment Activities 12,800 3.18 $84.36 $175,460
Securities and Commodity Contracts Intermediation and Brokerage 13,580 3.07 $84.11 $174,940
Management of Companies and Enterprises 58,920 2.77 $68.77 $143,040
Securities and Commodity Exchanges 160 2.51 $85.32 $177,460

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Exchanges 160 2.51 $85.32 $177,460
Other Financial Investment Activities 12,800 3.18 $84.36 $175,460
Securities and Commodity Contracts Intermediation and Brokerage 13,580 3.07 $84.11 $174,940
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 80 0.37 $79.80 $165,990
Insurance and Employee Benefit Funds 200 2.28 $78.12 $162,490


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 69,550 4.73 1.26 $67.22 $139,810
New York 36,370 4.21 1.12 $82.52 $171,650
Texas 28,840 2.64 0.70 $62.41 $129,800
Illinois 27,650 4.85 1.29 $60.52 $125,870
New Jersey 21,600 5.65 1.50 $71.84 $149,430




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 6,550 9.84 2.61 $65.76 $136,790
Connecticut 13,120 8.02 2.13 $66.26 $137,820
Rhode Island 3,070 6.73 1.79 $65.23 $135,680
Massachusetts 21,330 6.55 1.74 $60.73 $126,320
New Jersey 21,600 5.65 1.50 $71.84 $149,430




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 36,370 4.21 1.12 $82.52 $171,650
New Jersey 21,600 5.65 1.50 $71.84 $149,430
Delaware 2,170 5.27 1.40 $71.48 $148,680
Colorado 5,320 2.32 0.62 $67.39 $140,170
California 69,550 4.73 1.26 $67.22 $139,810





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 31,310 5.97 1.59 $87.96 $182,960
Chicago-Joliet-Naperville, IL Metropolitan Division 21,350 5.77 1.53 $63.80 $132,710
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 19,860 5.00 1.33 $70.50 $146,650
Boston-Cambridge-Quincy, MA NECTA Division 14,620 8.36 2.22 $64.39 $133,930
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 14,610 6.17 1.64 $69.14 $143,820
Minneapolis-St. Paul-Bloomington, MN-WI 11,290 6.30 1.67 $60.96 $126,800
Atlanta-Sandy Springs-Marietta, GA 10,240 4.44 1.18 $61.89 $128,730
Houston-Sugar Land-Baytown, TX 8,690 3.15 0.84 $68.99 $143,500
Dallas-Plano-Irving, TX Metropolitan Division 7,890 3.67 0.98 $65.14 $135,490
Santa Ana-Anaheim-Irvine, CA Metropolitan Division 7,770 5.35 1.42 $70.19 $145,990