Occupational Employment and Wages, May 2012

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)
484,910 0.5 % $59.26 $123,260 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median) 		75% 90%
Hourly Wage $28.67 $38.43 $52.76 $71.83 (5)
Annual Wage (2) $59,630 $79,930 $109,740 $149,410 (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 72,240 4.18 $50.29 $104,600
Management of Companies and Enterprises 54,450 2.72 $67.16 $139,690
Insurance Carriers 19,880 1.72 $64.85 $134,890
Local Government (OES Designation) 19,110 0.35 $43.68 $90,860
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 19,000 2.19 $74.65 $155,270

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 72,240 4.18 $50.29 $104,600
Other Financial Investment Activities 10,860 3.05 $81.69 $169,900
Securities and Commodity Contracts Intermediation and Brokerage 13,110 2.89 $79.72 $165,830
Management of Companies and Enterprises 54,450 2.72 $67.16 $139,690
Other Investment Pools and Funds 1,080 2.68 $76.14 $158,370

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Exchanges (8) (8) $82.40 $171,380
Other Financial Investment Activities 10,860 3.05 $81.69 $169,900
Securities and Commodity Contracts Intermediation and Brokerage 13,110 2.89 $79.72 $165,830
Other Investment Pools and Funds 1,080 2.68 $76.14 $158,370
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 90 0.46 $75.86 $157,780

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 66,450 4.65 1.25 $65.94 $137,150
New York 34,540 4.04 1.09 $81.91 $170,370
Texas 29,790 2.82 0.76 $58.78 $122,260
Illinois 25,660 4.55 1.22 $58.16 $120,980
New Jersey 21,180 5.58 1.50 $69.96 $145,530




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 6,410 9.80 2.63 $65.27 $135,760
Connecticut 12,180 7.52 2.02 $61.02 $126,930
Massachusetts 20,810 6.50 1.75 $62.05 $129,070
Rhode Island 2,930 6.47 1.74 $63.68 $132,440
New Jersey 21,180 5.58 1.50 $69.96 $145,530




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 34,540 4.04 1.09 $81.91 $170,370
New Jersey 21,180 5.58 1.50 $69.96 $145,530
Delaware 2,160 5.32 1.43 $69.78 $145,130
California 66,450 4.65 1.25 $65.94 $137,150
District of Columbia 6,410 9.80 2.63 $65.27 $135,760





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 29,660 5.75 1.55 $86.68 $180,300
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 19,450 5.02 1.35 $68.78 $143,050
Chicago-Joliet-Naperville, IL Metropolitan Division 19,430 5.34 1.43 $61.59 $128,100
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 14,720 6.28 1.69 $67.24 $139,850
Boston-Cambridge-Quincy, MA NECTA Division 14,170 8.28 2.23 $65.87 $137,020
Minneapolis-St. Paul-Bloomington, MN-WI 10,950 6.26 1.68 $59.03 $122,780
Atlanta-Sandy Springs-Marietta, GA 9,420 4.17 1.12 $61.59 $128,110
Houston-Sugar Land-Baytown, TX 8,980 3.40 0.91 $66.39 $138,080
Dallas-Plano-Irving, TX Metropolitan Division 8,050 3.84 1.03 $59.70 $124,180
Phoenix-Mesa-Glendale, AZ 7,910 4.57 1.23 $52.64 $109,490