Financial Managers Salary in Tennessee
In Tennessee, financial managers earn a median $141,010 a year, well below the national median of $166,570 (−15%); the state ranks 26th of 51 states by median. Financial Managers earn 3.0 times the median across all occupations in Tennessee ($47,380). Among neighbouring states, Virginia, Georgia, North Carolina and Missouri pay more (up to $185,220 in Virginia) and Alabama, Kentucky, Arkansas and Mississippi pay less (down to $111,390 in Mississippi). Tennessee employs 17,630 financial managers, 5.38 per 1,000 jobs, the 16th largest count of any state. A location quotient of 0.99 is close to the national share.
Tennessee vs the United States, May 2025
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Tennessee | Hourly | $39.94 | $51.66 | $67.79 | $93.57 | $138.82 | $79.08 | 17,630 | 5.38 | 0.99 |
| Annual | $83,080 | $107,450 | $141,010 | $194,620 | $288,750 | $164,480 | ||||
| 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
- 26th of 51 states
- Rank by employment
- 16th of 51 states
- Location quotient
- 0.99
- Jobs per 1,000
- 5.38
Ranks count the 50 states and DC with a published value. The location quotient is the occupation's share of Tennessee'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 Tennessee
10 metropolitan areas and 4 nonmetropolitan areas touching Tennessee 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 |
|---|---|---|---|---|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $75.42 | $156,860 | $97,860 | $330,000 | 7,400 | 6.73 | 1.24 |
| Chattanooga, TN-GA | $72.85 | $151,530 | $84,480 | $293,890 | 1,280 | 4.75 | 0.88 |
| Memphis, TN-MS-AR | $69.17 | $143,880 | $80,110 | $273,740 | 2,750 | 4.49 | 0.83 |
| Clarksville, TN-KY | $64.24 | $133,620 | $80,910 | $256,530 | 270 | 2.64 | 0.49 |
| Knoxville, TN | $64.21 | $133,570 | $63,900 | $262,970 | 2,090 | 4.93 | 0.91 |
| Johnson City, TN | $64.02 | $133,170 | $75,860 | $264,830 | 300 | 3.68 | 0.68 |
| Kingsport-Bristol, TN-VA | $63.60 | $132,280 | $77,060 | $278,320 | 500 | 4.17 | 0.77 |
| Cleveland, TN | $63.40 | $131,860 | $74,580 | $243,120 | 130 | 3.04 | 0.56 |
| Jackson, TN | $63.03 | $131,090 | $77,330 | $265,450 | 250 | 2.99 | 0.55 |
| Morristown, TN | $59.06 | $122,850 | $76,890 | $209,030 | 130 | 2.79 | 0.52 |
| North Central Tennessee nonmetropolitan area | $59.75 | $124,290 | $70,140 | $237,540 | 310 | 2.71 | 0.50 |
| West Tennessee nonmetropolitan area | $57.42 | $119,430 | $72,500 | $237,740 | 350 | 3.01 | 0.56 |
| East Tennessee nonmetropolitan area | $56.41 | $117,320 | $72,500 | $214,420 | 400 | 2.87 | 0.53 |
| South Central Tennessee nonmetropolitan area | $50.86 | $105,790 | $65,000 | $225,010 | 360 | 3.24 | 0.60 |
Neighbouring states
| State | Median hourly | Median annual | Employment | Location quotient |
|---|---|---|---|---|
| Tennessee | $67.79 | $141,010 | 17,630 | 0.99 |
| Alabama | $67.55 | $140,500 | 7,200 | 0.63 |
| Arkansas | $56.05 | $116,570 | 7,120 | 1.01 |
| Georgia | $80.19 | $166,790 | 21,390 | 0.81 |
| Kentucky | $62.81 | $130,650 | 6,630 | 0.61 |
| Missouri | $68.97 | $143,460 | 13,330 | 0.84 |
| Mississippi | $53.55 | $111,390 | 3,470 | 0.55 |
| North Carolina | $80.18 | $166,780 | 22,460 | 0.84 |
| Virginia | $89.05 | $185,220 | 20,850 | 0.94 |
See the national page for Financial Managers (every state ranked) and the Tennessee 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 Tennessee 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.