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Occupational Employment Statistics
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Occupational Employment and Wages, May 2019

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)
654,790 0.6 % $70.93 $147,530 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $32.87 $44.38 $62.45 $87.49 (5)
Annual Wage (2) $68,370 $92,310 $129,890 $181,980 (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)
Credit Intermediation and Related Activities (5221 And 5223 only) 98,900 4.84 $57.99 $120,620
Management of Companies and Enterprises 74,980 3.04 $77.58 $161,360
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 41,910 4.28 $84.97 $176,730
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 40,700 4.33 $97.01 $201,790
Insurance Carriers 26,910 2.25 $78.65 $163,600

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Investment Pools and Funds 650 6.77 $87.37 $181,740
Credit Intermediation and Related Activities (5221 And 5223 only) 98,900 4.84 $57.99 $120,620
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 40,700 4.33 $97.01 $201,790
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 41,910 4.28 $84.97 $176,730
Monetary Authorities-Central Bank 670 3.53 $93.91 $195,340

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 40,700 4.33 $97.01 $201,790
Motion Picture and Video Industries 1,630 0.38 $95.40 $198,430
Cable and Other Subscription Programming 310 0.58 $93.96 $195,440
Monetary Authorities-Central Bank 670 3.53 $93.91 $195,340
Other Information Services 2,770 0.85 $92.89 $193,220


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 92,060 5.30 1.19 $75.24 $156,500
Texas 46,710 3.76 0.84 $70.05 $145,700
New York 46,100 4.84 1.09 $101.08 $210,240
Illinois 41,900 6.95 1.56 $70.36 $146,350
Massachusetts 33,520 9.26 2.08 $73.87 $153,650




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)
Connecticut 17,790 10.69 2.40 $80.29 $167,000
District of Columbia 7,200 9.94 2.23 $83.02 $172,680
Massachusetts 33,520 9.26 2.08 $73.87 $153,650
Illinois 41,900 6.95 1.56 $70.36 $146,350
New Hampshire 3,890 5.89 1.32 $62.23 $129,440




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 46,100 4.84 1.09 $101.08 $210,240
New Jersey 22,000 5.38 1.21 $85.29 $177,410
District of Columbia 7,200 9.94 2.23 $83.02 $172,680
Delaware 2,290 5.07 1.14 $81.30 $169,100
Connecticut 17,790 10.69 2.40 $80.29 $167,000





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-Newark-Jersey City, NY-NJ-PA 56,290 5.83 1.31 $100.37 $208,770
Los Angeles-Long Beach-Anaheim, CA 36,120 5.79 1.30 $74.75 $155,470
Chicago-Naperville-Elgin, IL-IN-WI 34,540 7.39 1.66 $73.96 $153,840
Boston-Cambridge-Nashua, MA-NH 29,150 10.42 2.34 $76.41 $158,940
Washington-Arlington-Alexandria, DC-VA-MD-WV 21,290 6.70 1.50 $83.74 $174,180
San Francisco-Oakland-Hayward, CA 18,640 7.54 1.69 $87.59 $182,190
Atlanta-Sandy Springs-Roswell, GA 14,410 5.25 1.18 $73.82 $153,540
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 13,410 4.66 1.05 $80.70 $167,850
Minneapolis-St. Paul-Bloomington, MN-WI 12,820 6.50 1.46 $69.26 $144,060
Houston-The Woodlands-Sugar Land, TX 12,700 4.16 0.93 $72.10 $149,970