Occupational Employment and Wages, May 2017

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)
569,380 0.6 % $69.01 $143,530 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $31.96 $43.11 $60.14 $83.62 (5)
Annual Wage (2) $66,480 $89,670 $125,080 $173,920 (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) 83,830 4.21 $57.05 $118,660
Management of Companies and Enterprises 66,960 2.88 $76.89 $159,930
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 33,760 3.68 $97.82 $203,460
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 31,820 3.40 $83.19 $173,040
Insurance Carriers 26,010 2.23 $74.12 $154,180

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 370 5.15 $83.79 $174,280
Credit Intermediation and Related Activities (5221 And 5223 only) 83,830 4.21 $57.05 $118,660
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 33,760 3.68 $97.82 $203,460
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 31,820 3.40 $83.19 $173,040
Monetary Authorities-Central Bank 580 3.24 $92.93 $193,290

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Pipeline Transportation 40 0.47 $98.77 $205,440
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 33,760 3.68 $97.82 $203,460
Cable and Other Subscription Programming 300 0.57 $93.33 $194,130
Motion Picture and Video Industries (8) (8) $93.12 $193,700
Monetary Authorities-Central Bank 580 3.24 $92.93 $193,290


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 72,100 4.32 1.08 $74.19 $154,310
New York 40,570 4.41 1.10 $98.80 $205,500
Illinois 37,310 6.29 1.58 $64.60 $134,370
Texas 32,480 2.73 0.68 $72.68 $151,170
Massachusetts 30,610 8.68 2.17 $68.45 $142,370




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 7,470 10.55 2.64 $77.19 $160,550
Connecticut 15,280 9.24 2.31 $76.91 $159,970
Massachusetts 30,610 8.68 2.17 $68.45 $142,370
Illinois 37,310 6.29 1.58 $64.60 $134,370
Iowa 8,780 5.71 1.43 $54.34 $113,030




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 40,570 4.41 1.10 $98.80 $205,500
New Jersey 20,590 5.14 1.29 $84.27 $175,290
Delaware 1,900 4.29 1.07 $79.47 $165,310
District of Columbia 7,470 10.55 2.64 $77.19 $160,550
Connecticut 15,280 9.24 2.31 $76.91 $159,970



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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 39,500 5.90 1.48 $102.01 $212,170
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 25,550 6.98 1.75 $69.07 $143,660
Boston-Cambridge-Newton, MA NECTA Division 21,390 11.63 2.91 $73.25 $152,360
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 19,260 4.35 1.09 $78.39 $163,060
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 16,290 6.47 1.62 $79.63 $165,640
Atlanta-Sandy Springs-Roswell, GA 13,510 5.16 1.29 $71.92 $149,600
Minneapolis-St. Paul-Bloomington, MN-WI 11,720 6.06 1.52 $68.09 $141,620
Houston-The Woodlands-Sugar Land, TX 9,390 3.20 0.80 $79.13 $164,600
Phoenix-Mesa-Scottsdale, AZ 9,140 4.62 1.16 $56.09 $116,660
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 8,710 7.80 1.95 $93.01 $193,450