Finance manager demographics and statistics in the US
Finance manager demographics research summary. Zippia estimates finance manager demographics and statistics in the United States by using a database of 30 million profiles. Our finance manager estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about finance managers after extensive research and analysis:
- There are over 303,148 finance managers currently employed in the United States.
- 40.0% of all finance managers are women, while 60.0% are men.
- The average finance manager age is 45 years old.
- The most common ethnicity of finance managers is White (63.2%), followed by Hispanic or Latino (14.6%), Asian (10.2%) and Black or African American (7.6%).
- In 2022, women earned 92% of what men earned.
- 11% of all finance managers are LGBT.
- Finance managers are 56% more likely to work at public companies in comparison to private companies.
On this page
Finance manager demographics by:
Finance manager gender statistics
40.0% of finance managers are women and 60.0% of finance managers are men.
- Male, 60.0%
- Female, 40.0%
Finance manager gender ratio
| Gender | Percentages |
|---|---|
| Male | 60.0% |
| Female | 40.0% |
Finance manager gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$105,256
Female income
$96,628
Finance manager gender ratio over time
This data breaks down the percentage of men and women in finance manager positions over time. Currently, 40.0% of finance managers are female.
Finance manager gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 62.26% | 37.74% |
| 2011 | 62.25% | 37.75% |
| 2012 | 63.54% | 36.46% |
| 2013 | 61.66% | 38.34% |
| 2014 | 62.33% | 37.67% |
| 2015 | 62.59% | 37.41% |
| 2016 | 62.39% | 37.61% |
| 2017 | 63.82% | 36.18% |
| 2018 | 61.28% | 38.72% |
| 2019 | 59.76% | 40.24% |
| 2020 | 60.34% | 39.66% |
| 2021 | 60.00% | 40.00% |
Finance manager related jobs gender ratio
We compared finance managers with similar job titles to see how gender ratios vary. As you can see, general road foreman and plant superintendent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Executive Assistant/Human Resources | 7% | 93% |
| Office Manager Of Human Resources | 10% | 90% |
| Business Office Manager | 15% | 85% |
| Finance Manager | 60% | 40% |
| Maintenance Director | 97% | 3% |
| Plant Superintendent | 97% | 3% |
| General Road Foreman | 97% | 3% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Finance manager demographics by race
The most common ethnicity among finance managers is White, which makes up 63.2% of all finance managers. Comparatively, 14.6% of finance managers are Hispanic or Latino and 10.2% of finance managers are Asian.
- White, 63.2%
- Hispanic or Latino, 14.6%
- Asian, 10.2%
- Black or African American, 7.6%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Finance manager race
| Finance manager race | Percentages |
|---|---|
| White | 63.2% |
| Hispanic or Latino | 14.6% |
| Asian | 10.2% |
| Black or African American | 7.6% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Finance manager race and ethnicity over time
See how finance manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Finance manager race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.74% | 8.09% | 8.10% | 12.43% |
| 2011 | 69.34% | 8.20% | 8.29% | 12.28% |
| 2012 | 68.68% | 8.32% | 8.62% | 12.50% |
| 2013 | 67.47% | 8.37% | 9.34% | 12.81% |
| 2014 | 67.58% | 8.00% | 9.07% | 13.65% |
| 2015 | 67.43% | 8.07% | 9.16% | 13.43% |
| 2016 | 67.36% | 7.80% | 9.49% | 13.36% |
| 2017 | 66.64% | 7.83% | 9.62% | 13.74% |
| 2018 | 66.89% | 7.40% | 9.75% | 13.96% |
| 2019 | 67.08% | 7.25% | 9.77% | 13.98% |
| 2020 | 65.00% | 7.11% | 9.92% | 14.13% |
| 2021 | 63.16% | 7.61% | 10.20% | 14.59% |
Finance manager wage gap by race
According to our data, asian finance managers have the highest average salary compared to other ethnicities. Black or african american finance managers have the lowest average salary at $99,819.
| Ethnicity | Salary |
|---|---|
| Unknown | $106,195 |
| White | $106,143 |
| Black or African American | $99,819 |
| Asian | $110,953 |
| Hispanic or Latino | $103,488 |
Average finance manager age
See how the average age of finance managers varies based on ethnicity and gender.
Male
Female
Finance manager age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 45 | 47 |
| Unknown | 41 | 45.5 |
| Asian | 42 | 44 |
| Hispanic or Latino | 40 | 42 |
| White | 45 | 49 |
| American Indian and Alaska Native | 44.5 |
Finance manager age breakdown
The average age of finance managers is 40+ years years old, representing 68% of the finance manager population.
Finance manager age breakdown
| Finance Manager Years | Percentages |
|---|---|
| 40+ years | 68% |
| 30-40 years | 26% |
| 20-30 years | 6% |
Finance manager educational attainment
The most common degree for finance managers is bachelor's degree, with 66% of finance managers earning that degree. The second and third most common degree levels are master's degree degree at 17% and master's degree degree at 9%.
- Bachelor's, 66%
- Master's, 17%
- Associate, 9%
- High School Diploma, 4%
- Other Degrees, 4%
Finance managers by degree level
| Finance manager degree | Percentages |
|---|---|
| Bachelor's | 66% |
| Master's | 17% |
| Associate | 9% |
| High School Diploma | 4% |
| Other Degrees | 4% |
Finance manager jobs you might like
Finance manager wage gap by degree level
According to the data, finance managers with a Doctorate degree earn more than those without, at $132,322 annually. With a Master's degree, finance managers earn a median annual income of $126,259 compared to $111,090 for finance managers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $126,259 |
| High School Diploma or Less | $90,684 |
| Bachelor's Degree | $111,090 |
| Doctorate Degree | $132,322 |
| Some College/ Associate Degree | $90,673 |
Finance manager employment statistics
Most finance managers work for a public in the finance industry.
Company size where finance managers work
Below, you can see the size of companies where finance managers work.
Finance manager jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 6% |
| 100 - 500 employees | 7% |
| 500 - 1,000 employees | 4% |
| 1,000 - 10,000 employees | 19% |
| > 10,000 employees | 58% |
Finance manager jobs by company type
Employees with the finance manager job title have their preferences when it comes to working for a company. For instance, most finance managers prefer to work at public companies over private companies.
Finance manager jobs by sector
| Company type | Percentages |
|---|---|
| Education | 4% |
| Public | 56% |
| Private | 38% |
| Government | 3% |
Finance manager jobs by industry
The most common industries for finance managers are finance, technology and retail.
Finance manager industry statistics
| Industry | Percentages |
|---|---|
| Fortune 500 | 27% |
| Finance | 10% |
| Technology | 10% |
| Manufacturing | 8% |
| Retail | 8% |
| Automotive | 6% |
| Professional | 5% |
| Health Care | 4% |
| Media | 3% |
| Telecommunication | 3% |
| Education | 3% |
| Transportation | 2% |
| Government | 2% |
| Insurance | 2% |
| Energy | 2% |
| Pharmaceutical | 1% |
| Internet | 1% |
| Construction | 1% |
| Hospitality | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
Finance manager turnover and employment statistics
Finance manager unemployment rate over time
The unemployment rate for finance managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Finance manager unemployment rate by year
| Year | Finance manager unemployment rate |
|---|---|
| 2010 | 5.13% |
| 2011 | 4.53% |
| 2012 | 4.16% |
| 2013 | 3.12% |
| 2014 | 2.76% |
| 2015 | 2.14% |
| 2016 | 1.85% |
| 2017 | 1.83% |
| 2018 | 1.89% |
| 2019 | 1.68% |
| 2020 | 2.20% |
| 2021 | 2.52% |
Average finance manager tenure
The average finance manager stays at their job for 1-2 years, based on the 38,928 finance managers resumes in Zippia's database.
Finance manager tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 13% |
| 1-2 years | 38% |
| 3-4 years | 19% |
| 5-7 years | 16% |
| 8-10 years | 6% |
| 11+ years | 9% |
Finance manager LGBT ratio compared to similar jobs
Review the percent of finance managers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Facilities Coordinator | 4.78% | 25,621 |
| Transportation Director | 5.19% | 23,622 |
| Finance Manager | 10.51% | - |
| Manager Of Systems And Programming | 11.01% | 176,017 |
| Procurement Officer | 11.39% | 68,935 |
| Regional Training Manager | 17.60% | 131,719 |
| Human Resources Consultant | 17.78% | 52,761 |
Similar finance manager jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Facilities Coordinator | 4.78% | 25,621 |
| Transportation Director | 5.19% | 23,622 |
| Manager Of Systems And Programming | 11.01% | 176,017 |
| Procurement Officer | 11.39% | 68,935 |
| Regional Training Manager | 17.60% | 131,719 |
| Human Resources Consultant | 17.78% | 52,761 |
Foreign languages spoken by finance managers
The most common foreign language among finance managers is Spanish at 45.9%. The second-most popular foreign language spoken is French at 11.2% and Chinese is the third-most popular at 6.1%.
- Spanish, 45.9%
- French, 11.2%
- Chinese, 6.1%
- Portuguese, 6.0%
- German, 5.2%
- Other, 25.6%
Finance manager languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 45.9% |
| French | 11.2% |
| Chinese | 6.1% |
| Portuguese | 6.0% |
| German | 5.2% |
| Other | 25.6% |
