Financial Managers Salary in Massachusetts
Financial Managers in Massachusetts earn a median $206,760 a year, +24% against the national median of $166,570; they and rank 2nd of 51 states by median. Financial Managers earn 3.3 times the median across all occupations in Massachusetts ($63,590). Among neighbouring states, New York pays more (up to $219,880 in New York) and Connecticut, Rhode Island, New Hampshire and Vermont pay less (down to $128,690 in Vermont). Massachusetts employs 26,150 financial managers, 7.19 per 1,000 jobs, the 9th largest count of any state. A location quotient of 1.33 means the occupation is more concentrated in Massachusetts than nationally.
Massachusetts vs the United States, May 2025
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Massachusetts | Hourly | $58.10 | $77.82 | $99.40 | $138.23 | $159.85 | $104.92 | 26,150 | 7.19 | 1.33 |
| Annual | $120,850 | $161,870 | $206,760 | $287,520 | $332,490 | $218,230 | ||||
| United States | Hourly | $45.34 | $60.33 | $80.08 | $105.76 | $155.42 | $89.86 | 841,710 | – | – |
| Annual | $94,310 | $125,490 | $166,570 | $219,980 | $323,270 | $186,910 | ||||
- Rank by median
- 2nd of 51 states
- Rank by employment
- 9th of 51 states
- Location quotient
- 1.33
- Jobs per 1,000
- 7.19
Ranks count the 50 states and DC with a published value. The location quotient is the occupation's share of Massachusetts's employment divided by its national share; 1.00 means the same share as the nation. Take-home pay at these wages: FastCalc's take-home pay calculator.
Metropolitan areas in Massachusetts
7 metropolitan areas and 1 nonmetropolitan area touching Massachusetts publish a row for financial managers, sorted by median. Areas crossing a state line are listed under every state they touch; a linked metro has its own profile.
| Area | Median hourly | Median annual | 10th pct (annual) | 90th pct (annual) | Employment | Jobs per 1,000 | Location quotient |
|---|---|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $100.85 | $209,780 | $126,450 | $335,150 | 21,650 | 8.01 | 1.48 |
| Springfield, MA | $84.59 | $175,950 | $94,300 | $282,950 | 920 | 4.59 | 0.85 |
| Worcester, MA | $82.18 | $170,940 | $98,860 | $316,350 | 1,560 | 4.46 | 0.82 |
| Providence-Warwick, RI-MA | $80.56 | $167,570 | $97,560 | $300,520 | 3,280 | 4.59 | 0.85 |
| Pittsfield, MA | $77.88 | $161,980 | $87,000 | $290,230 | 270 | 4.72 | 0.87 |
| Barnstable Town, MA | $75.01 | $156,010 | $96,200 | $277,600 | 320 | 3.43 | 0.63 |
| Amherst Town-Northampton, MA | $69.69 | $144,950 | $87,210 | $277,790 | 270 | 4.08 | 0.75 |
| Massachusetts nonmetropolitan area | $76.92 | $159,990 | $85,710 | $258,430 | 140 | 3.28 | 0.61 |
Neighbouring states
| State | Median hourly | Median annual | Employment | Location quotient |
|---|---|---|---|---|
| Massachusetts | $99.40 | $206,760 | 26,150 | 1.33 |
| Connecticut | $84.05 | $174,830 | 20,040 | 2.18 |
| New Hampshire | $69.58 | $144,730 | 4,330 | 1.17 |
| New York | $105.71 | $219,880 | 80,810 | 1.54 |
| Rhode Island | $80.26 | $166,940 | 2,570 | 0.95 |
| Vermont | $61.87 | $128,690 | 1,790 | 1.09 |
See the national page for Financial Managers (every state ranked) and the Massachusetts wage profile (every occupation in the state).
Source and notes
Data: BLS OEWS May 2025, released 2026-05-15. Cross-industry estimates, all ownerships. BLS page: OEWS Massachusetts estimates.
- Annual wages assume 2,080 hours a year at the hourly rate; occupations BLS publishes on one basis only show an en dash (–) on the other.
- Employment is rounded to the nearest 10 by BLS. Where BLS withholds a cell, nothing is estimated in its place.