Occupational Employment and Wages, May 2015

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)
531,120 0.6 % $64.58 $134,330 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $30.30 $40.67 $56.73 $78.69 (5)
Annual Wage (2) $63,020 $84,600 $117,990 $163,680 (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 79,020 4.81 $51.19 $106,480
Management of Companies and Enterprises 68,460 3.03 $74.34 $154,640
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 25,350 2.74 $78.36 $163,000
Insurance Carriers 20,780 1.79 $72.00 $149,760
Local Government (OES Designation) 18,540 0.35 $46.59 $96,910

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 79,020 4.81 $51.19 $106,480
Other Financial Investment Activities 16,470 3.73 $88.68 $184,450
Securities and Commodity Contracts Intermediation and Brokerage 15,280 3.42 $91.91 $191,180
Management of Companies and Enterprises 68,460 3.03 $74.34 $154,640
Other Investment Pools and Funds 210 2.85 $86.57 $180,060

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 15,280 3.42 $91.91 $191,180
Beer, Wine, and Liquor Stores 40 0.03 $91.43 $190,170
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 80 0.33 $89.69 $186,550
Other Financial Investment Activities 16,470 3.73 $88.68 $184,450
Other Investment Pools and Funds 210 2.85 $86.57 $180,060


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 72,060 4.65 1.21 $70.50 $146,630
New York 40,040 4.46 1.16 $86.93 $180,820
Illinois 33,000 5.64 1.46 $60.20 $125,220
Texas 26,400 2.28 0.59 $69.81 $145,200
Massachusetts 24,970 7.35 1.91 $63.51 $132,100



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 6,900 10.21 2.65 $72.78 $151,390
Connecticut 13,700 8.25 2.14 $69.41 $144,380
Massachusetts 24,970 7.35 1.91 $63.51 $132,100
Rhode Island 2,840 6.04 1.57 $66.98 $139,320
New Hampshire 3,610 5.68 1.48 $56.45 $117,410



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 40,040 4.46 1.16 $86.93 $180,820
Delaware 2,150 4.95 1.29 $76.80 $159,740
New Jersey 20,780 5.32 1.38 $76.59 $159,310
Colorado 5,520 2.25 0.58 $73.54 $152,970
District of Columbia 6,900 10.21 2.65 $72.78 $151,390




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-Jersey City-White Plains, NY-NJ Metropolitan Division 37,280 5.75 1.49 $90.86 $188,990
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 22,980 6.43 1.67 $63.54 $132,170
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 18,600 4.53 1.18 $72.17 $150,110
Boston-Cambridge-Newton, MA NECTA Division 17,030 9.67 2.51 $68.75 $143,000
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 14,310 5.92 1.54 $74.37 $154,680
Atlanta-Sandy Springs-Roswell, GA 12,420 5.01 1.30 $68.91 $143,340
Minneapolis-St. Paul-Bloomington, MN-WI 11,910 6.33 1.64 $68.00 $141,440
Houston-The Woodlands-Sugar Land, TX 8,590 2.93 0.76 $75.80 $157,660
Anaheim-Santa Ana-Irvine, CA Metropolitan Division 8,460 5.55 1.44 $68.25 $141,950
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 7,710 7.56 1.96 $89.78 $186,740