Financial Manager salary in Tennessee
Financial Managers in Tennessee earn a median of $141,010 a year ($67.79 an hour), based on BLS data for 17,630 workers.
Pay ranges from $83,080 for the lowest-paid 10% to $288,750 for the top 10%. That is 15% lower than the national median of $166,570. Tennessee ranks 26th of 51 states for financial managers pay. There are 5.4 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $164,480, above the median because a few high earners pull it up.
Pay range for financial managers in Tennessee
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $83,080 | $39.94 |
| 25th percentile | $107,450 | $51.66 |
| Median | $141,010 | $67.79 |
| 75th percentile | $194,620 | $93.57 |
| 90th percentile (top earners) | $288,750 | $138.82 |
| Average (mean) | $164,480 | $79.08 |
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 | $11,750.83 |
| Semi-monthly (24 a year) | $5,875.42 |
| Biweekly (26 a year) | $5,423.46 |
| Weekly | $2,711.73 |
| Hourly | $67.79 |
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 Tennessee
| Metro area | Median salary | Workers |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $156,860 | 7,400 |
| Chattanooga, TN-GA | $151,530 | 1,280 |
| Memphis, TN-MS-AR | $143,880 | 2,750 |
| Clarksville, TN-KY | $133,620 | 270 |
| Knoxville, TN | $133,570 | 2,090 |
| Johnson City, TN | $133,170 | 300 |
| Kingsport-Bristol, TN-VA | $132,280 | 500 |
| Cleveland, TN | $131,860 | 130 |
| Jackson, TN | $131,090 | 250 |
| Morristown, TN | $122,850 | 130 |
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 Tennessee
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $158,700 | $76.30 |
| Administrative Services Manager | $127,410 | $61.25 |
| Industrial Production Manager | $119,430 | $57.42 |
| Transportation, Storage, and Distribution Managers | $100,740 | $48.43 |
| Human Resources Manager | $131,760 | $63.35 |
| Facilities Manager | $106,730 | $51.31 |
| Purchasing Manager | $137,060 | $65.89 |
| Training and Development Managers | $121,030 | $58.19 |
| Compensation and Benefits Managers | $132,780 | $63.84 |
| General and Operations Managers | $106,970 | $51.43 |
| Managers, All Other | $99,430 | $47.80 |
| Medical and Health Services Managers | $107,120 | $51.50 |
| Sales Manager | $128,040 | $61.56 |
| Marketing Manager | $131,990 | $63.46 |
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 Tennessee?
The median salary for financial managers in Tennessee is $141,010 a year, or $67.79 an hour. Pay ranges from $83,080 for the lowest-paid 10% to $288,750 for the top 10%.
How much do the highest-paid financial managers make in Tennessee?
The top 10% of financial managers in Tennessee earn at least $288,750 a year. The top 25% earn $194,620 or more.
What is the starting pay for financial managers in Tennessee?
Entry-level pay (the 10th percentile) is about $83,080 a year, and a quarter of financial managers earn $107,450 or less.
How many financial managers work in Tennessee?
About 17,630 financial managers are employed in Tennessee, not counting the self-employed.