Financial Manager salary in Massachusetts
Financial Managers in Massachusetts earn a median of $206,760 a year ($99.40 an hour), based on BLS data for 26,150 workers.
Pay ranges from $120,850 for the lowest-paid 10% to $332,490 for the top 10%. That is 24% higher than the national median of $166,570. Massachusetts ranks 2nd of 51 states for financial managers pay, one of the best-paying states for this job. There are 7.2 financial managers per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $218,230, above the median because a few high earners pull it up.
Pay range for financial managers in Massachusetts
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $120,850 | $58.10 |
| 25th percentile | $161,870 | $77.82 |
| Median | $206,760 | $99.40 |
| 75th percentile | $287,520 | $138.23 |
| 90th percentile (top earners) | $332,490 | $159.85 |
| Average (mean) | $218,230 | $104.92 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $17,230 |
| Semi-monthly (24 a year) | $8,615 |
| Biweekly (26 a year) | $7,952.31 |
| Weekly | $3,976.15 |
| Hourly | $99.40 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in cities in Massachusetts
| Metro area | Median salary | Workers |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $209,780 | 21,650 |
| Springfield, MA | $175,950 | 920 |
| Worcester, MA | $170,940 | 1,560 |
| Providence-Warwick, RI-MA | $167,570 | 3,280 |
| Pittsfield, MA | $161,980 | 270 |
| Barnstable Town, MA | $156,010 | 320 |
| Amherst Town-Northampton, MA | $144,950 | 270 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
Related jobs in Massachusetts
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $214,960 | $103.35 |
| Administrative Services Manager | $116,710 | $56.11 |
| Human Resources Manager | $181,780 | $87.39 |
| Facilities Manager | $124,100 | $59.66 |
| Industrial Production Manager | $148,050 | $71.18 |
| Transportation, Storage, and Distribution Managers | $123,830 | $59.53 |
| Purchasing Manager | $170,750 | $82.09 |
| Compensation and Benefits Managers | $184,070 | $88.50 |
| General and Operations Managers | $127,220 | $61.16 |
| Medical and Health Services Managers | $134,360 | $64.59 |
| Sales Manager | $191,200 | $91.92 |
| Marketing Manager | $212,020 | $101.93 |
| Managers, All Other | $182,950 | $87.96 |
| Natural Sciences Manager | $267,290 | $128.51 |
More: Management Occupations · all salaries in Massachusetts
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Massachusetts?
The median salary for financial managers in Massachusetts is $206,760 a year, or $99.40 an hour. Pay ranges from $120,850 for the lowest-paid 10% to $332,490 for the top 10%.
How much do the highest-paid financial managers make in Massachusetts?
The top 10% of financial managers in Massachusetts earn at least $332,490 a year. The top 25% earn $287,520 or more.
What is the starting pay for financial managers in Massachusetts?
Entry-level pay (the 10th percentile) is about $120,850 a year, and a quarter of financial managers earn $161,870 or less.
How many financial managers work in Massachusetts?
About 26,150 financial managers are employed in Massachusetts, not counting the self-employed.