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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. Excludes “Financial Risk Specialists” (13-2054).
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 |
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