Research Summary. After extensive research by the Zippia data science team, we identified these details of finance manager salary by state for the United States:
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New York has the highest finance manager salary of $118,975
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Alaska has the lowest finance manager salary of $69,867
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The national average salary for finance managers is $101,374
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The national hourly pay for finance managers is $48.74
You can read more on the specific methodology.
Background
Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do finance managers get paid where I live?
And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for finance manager by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.
The state with the best salary for finance managers after this adjustment? That would be New York.
Here’s a quick snapshot of the top ten states for finance manager salaries:
Let’s take a look at how we got here and a full ranking of all the states.
Highest-Paid Finance Managers By State
| Rank | State | Average Finance Manager Salary | 10th Percentile | 90th Percentile |
|---|---|---|---|---|
| 1 | New York | $118,975 | $81,000 | $172,000 |
| 2 | New Jersey | $108,398 | $74,000 | $157,000 |
| 3 | Massachusetts | $107,869 | $74,000 | $156,000 |
| 4 | Connecticut | $107,676 | $74,000 | $156,000 |
| 5 | California | $106,538 | $75,000 | $150,000 |
| 6 | Washington | $105,483 | $75,000 | $146,000 |
| 7 | Delaware | $105,112 | $72,000 | $151,000 |
| 8 | Rhode Island | $100,368 | $69,000 | $145,000 |
| 9 | Virginia | $98,790 | $69,000 | $140,000 |
| 10 | Pennsylvania | $98,619 | $68,000 | $142,000 |
| 11 | Maryland | $97,995 | $68,000 | $140,000 |
| 12 | New Hampshire | $96,726 | $66,000 | $140,000 |
| 13 | Wisconsin | $94,740 | $67,000 | $132,000 |
| 14 | Oregon | $94,317 | $67,000 | $131,000 |
| 15 | Michigan | $93,104 | $65,000 | $132,000 |
| 16 | Illinois | $92,715 | $66,000 | $129,000 |
| 17 | Minnesota | $92,293 | $67,000 | $126,000 |
| 18 | West Virginia | $92,137 | $64,000 | $130,000 |
| 19 | Ohio | $90,765 | $63,000 | $128,000 |
| 20 | Arizona | $90,057 | $64,000 | $125,000 |
| 21 | North Carolina | $89,912 | $63,000 | $126,000 |
| 22 | Nevada | $89,622 | $64,000 | $124,000 |
| 23 | North Dakota | $89,292 | $65,000 | $120,000 |
| 24 | Indiana | $88,731 | $63,000 | $123,000 |
| 25 | Montana | $88,133 | $65,000 | $118,000 |
| 26 | Maine | $86,531 | $59,000 | $125,000 |
| 27 | South Dakota | $84,642 | $62,000 | $114,000 |
| 28 | Georgia | $83,893 | $60,000 | $116,000 |
| 29 | New Mexico | $83,606 | $60,000 | $115,000 |
| 30 | Texas | $83,273 | $59,000 | $116,000 |
| 31 | Iowa | $82,797 | $60,000 | $113,000 |
| 32 | Vermont | $82,610 | $56,000 | $120,000 |
| 33 | Kentucky | $82,300 | $59,000 | $114,000 |
| 34 | Arkansas | $81,708 | $59,000 | $111,000 |
| 35 | Wyoming | $81,174 | $60,000 | $109,000 |
| 36 | Missouri | $80,975 | $59,000 | $110,000 |
| 37 | South Carolina | $80,754 | $57,000 | $113,000 |
| 38 | Utah | $79,094 | $58,000 | $107,000 |
| 39 | Kansas | $78,706 | $57,000 | $106,000 |
| 40 | Hawaii | $78,459 | $60,000 | $102,000 |
| 41 | Colorado | $77,564 | $57,000 | $105,000 |
| 42 | Tennessee | $76,736 | $55,000 | $105,000 |
| 43 | Idaho | $76,542 | $55,000 | $105,000 |
| 44 | Alabama | $75,596 | $54,000 | $105,000 |
| 45 | Florida | $75,164 | $51,000 | $108,000 |
| 46 | Louisiana | $75,016 | $53,000 | $105,000 |
| 47 | Nebraska | $74,663 | $54,000 | $101,000 |
| 48 | Mississippi | $74,390 | $53,000 | $102,000 |
| 49 | Oklahoma | $72,546 | $53,000 | $98,000 |
| 50 | Alaska | $69,867 | $54,000 | $88,000 |
Methodology: Finance Manager Salary By State
To better understand finance manager pay by state, Zippia has aggregated data across a multitude of channels including the BLS, FLC, and OPM. We then supplement that data with actual listed salaries from job posts. Finally, the data science team calculates a weighted average of these inputs to create an average pay for finance managers by state.
We took the average annual salary data for finance managers from these estimates and ranked every state on this criteria with the state with the highest salary ranking as highest average salary for finance managers.
Finance Manager Salary By State FAQs
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What is the highest-paid state for finance managers?
The highest-paid state for finance managers is New York with an average salary of $118,975 per year.
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What city pays finance managers the most?
New York, NY pays finance managers the most with an average salary of $119,136 per year.
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What is the worst state for finance managers?
The worst state for finance managers is Alaska with an average salary of $69,867 per year.
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
