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The average salary for a finance representative is approximately $41,765 annually, translating to about $20 per hour. This figure varies based on factors such as experience, education, and location.
Finance representatives in states like New York, California, and Texas often see higher salaries due to the cost of living and demand for financial services. In these markets, salaries can exceed $50,000 annually.
Finance representatives find employment in sectors such as banking, insurance, and investment services. Each of these industries offers competitive salaries and growth opportunities. Understanding industry dynamics can help candidates tailor their job search effectively.
Various salary data sources provide insights into finance representative salaries, showcasing trends and averages by state and industry. Utilizing this information can help job seekers gauge their earning potential and make informed decisions.
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The highest-paying states for finance representatives are New York, Maryland, and North Carolina. The lowest average finance representative salary states are Oregon, Alaska, and Alabama.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $81,276 | $39.08 |
| 2 | Pennsylvania | $50,396 | $24.23 |
| 3 | Rhode Island | $49,199 | $23.65 |
| 4 | Maryland | $52,015 | $25.01 |
| 5 | Delaware | $48,369 | $23.25 |
| 6 | North Carolina | $51,690 | $24.85 |
| 7 | Kansas | $43,010 | $20.68 |
| 8 | Virginia | $49,127 | $23.62 |
| 9 | Illinois | $45,975 | $22.10 |
| 10 | Indiana | $48,319 | $23.23 |
| 11 | Ohio | $44,497 | $21.39 |
| 12 | New Hampshire | $49,685 | $23.89 |
| 13 | Connecticut | $43,515 | $20.92 |
| 14 | West Virginia | $48,604 | $23.37 |
| 15 | Minnesota | $46,392 | $22.30 |
| 16 | Maine | $45,081 | $21.67 |
| 17 | Wisconsin | $41,036 | $19.73 |
| 18 | New Jersey | $42,215 | $20.30 |
| 19 | Michigan | $44,013 | $21.16 |
| 20 | Georgia | $40,907 | $19.67 |
| 21 | Massachusetts | $41,714 | $20.05 |
| 22 | Florida | $38,903 | $18.70 |
| 23 | Kentucky | $42,081 | $20.23 |
| 24 | Texas | $41,263 | $19.84 |
| 25 | Tennessee | $40,100 | $19.28 |
| 26 | Arkansas | $35,616 | $17.12 |
| 27 | Nebraska | $37,548 | $18.05 |
| 28 | Hawaii | $38,411 | $18.47 |
| 29 | District of Columbia | $46,530 | $22.37 |
| 30 | California | $35,458 | $17.05 |
| 31 | Missouri | $37,814 | $18.18 |
| 32 | North Dakota | $36,144 | $17.38 |
| 33 | South Carolina | $38,067 | $18.30 |
| 34 | Louisiana | $37,069 | $17.82 |
| 35 | Washington | $32,656 | $15.70 |
| 36 | Utah | $29,947 | $14.40 |
| 37 | Vermont | $33,969 | $16.33 |
| 38 | Wyoming | $30,367 | $14.60 |
| 39 | Mississippi | $35,612 | $17.12 |
| 40 | Arizona | $30,978 | $14.89 |
| 41 | Oklahoma | $27,227 | $13.09 |
| 42 | Colorado | $32,467 | $15.61 |
| 43 | Iowa | $31,217 | $15.01 |
| 44 | South Dakota | $34,071 | $16.38 |
| 45 | Alabama | $28,466 | $13.69 |
| 46 | New Mexico | $32,592 | $15.67 |
| 47 | Nevada | $31,310 | $15.05 |
| 48 | Oregon | $29,489 | $14.18 |
| 49 | Idaho | $27,883 | $13.41 |
| 50 | Alaska | $28,634 | $13.77 |
| 51 | Montana | $26,212 | $12.60 |
The highest-paying cities for finance representatives are New York, NY, Durham, NC, and Richmond, IN.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $82,124 | $39.48 |
| 2 | Durham, NC | $53,518 | $25.73 |
| 3 | Richmond, IN | $49,785 | $23.94 |
| 4 | Richmond, VA | $48,947 | $23.53 |
| 5 | Providence, RI | $48,919 | $23.52 |
| 6 | Pittsburgh, PA | $48,217 | $23.18 |
| 7 | Chicago, IL | $46,489 | $22.35 |
| 8 | Minneapolis, MN | $46,363 | $22.29 |
| 9 | Springfield, OH | $43,476 | $20.90 |
| 10 | Springfield, MA | $43,226 | $20.78 |
| 11 | Houston, TX | $42,731 | $20.54 |
| 12 | Wichita, KS | $42,156 | $20.27 |
| 13 | Paterson, NJ | $41,585 | $19.99 |
| 14 | Atlanta, GA | $40,555 | $19.50 |
| 15 | Saint Louis, MO | $39,375 | $18.93 |
| 16 | Miami, FL | $39,285 | $18.89 |
| 17 | Baton Rouge, LA | $37,311 | $17.94 |
| 18 | San Diego, CA | $36,090 | $17.35 |
| 19 | Jacksonville, AR | $35,895 | $17.26 |
| 20 | Colorado Springs, CO | $32,798 | $15.77 |
Finance Representatives are the most in-demand in these five cities:
A finance representative's salary ranges from $22,000 a year at the 10th percentile to $77,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $77,000 | $6,417 | $37 |
| 75th Percentile | $57,000 | $4,750 | $27 |
| Average | $41,765 | $3,480 | $20 |
| 25th Percentile | $30,000 | $2,500 | $14 |
| 10th Percentile | $22,000 | $1,833 | $11 |
The highest paying types of finance representatives are trader, finance associate, and finance consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Trader | $90,179 | $7,515 | $43.36 | 17,351 |
| Personal Banker | $37,639 | $3,137 | $18.10 | 36,603 |
| Banker | $44,463 | $3,705 | $21.38 | 29,725 |
| Relationship Banker | $37,091 | $3,091 | $17.83 | 34,587 |
| Phone Banker | $34,532 | $2,878 | $16.60 | 22,843 |
| Finance Advisor | $64,993 | $5,416 | $31.25 | 106,311 |
How would you rate the starting salaries for finance representatives, as well as the prospects for salary advancement?
Price Fishback Ph.D.
APS Professor of Economics at the University of Arizona, The University of Arizona
Top companies hiring finance representatives now:
Finance representative salaries at Keysight Technologies and Mayo Clinic are the highest-paying according to our most recent salary estimates. In addition, the average finance representative salary at companies like Mount Sinai Health System and Baystate Health are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Keysight Technologies | $97,407 | $46.83 |
| 2 | Mayo Clinic | $77,794 | $37.40 |
| 3 | Mount Sinai Health System | $69,978 | $33.64 |
| 4 | Baystate Health | $69,080 | $33.21 |
| 5 | Fifth Third Bank | $67,829 | $32.61 |
| 6 | St. Joseph Healthcare | $66,195 | $31.82 |
| 7 | Cincinnati Children's Hospital Medical Center | $65,099 | $31.30 |
| 8 | Montefiore Mount Vernon Hospital | $63,730 | $30.64 |
| 9 | National Grid plc | $63,348 | $30.46 |
| 10 | Namsa | $61,391 | $29.51 |
| 11 | Cornell University | $60,279 | $28.98 |
| 12 | M&T Bank | $60,043 | $28.87 |
| 13 | Hamilton Health Care System | $57,808 | $27.79 |
| 14 | TriHealth | $56,810 | $27.31 |
| 15 | Palomar Health | $55,321 | $26.60 |
| 16 | Baptist Health Home Care | $55,021 | $26.45 |
| 17 | Mutual of Omaha | $54,800 | $26.35 |
| 18 | St. Joseph's Health | $54,628 | $26.26 |
| 19 | Philips | $54,370 | $26.14 |
| 20 | Tenet Healthcare | $53,935 | $25.93 |
The average finance representative salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Health Care | $45,004 | $21.64 |
| 2 | Telecommunication | $43,540 | $20.93 |
| 3 | Finance | $43,451 | $20.89 |
| 4 | Insurance | $42,143 | $20.26 |
| 5 | Automotive | $36,771 | $17.68 |
The average finance representative salary has fallen by $-4,701 over the last ten years. In 2014, the average finance representative earned $46,466 annually, but today, they earn $41,765 a year. That works out to a -4% change in pay for finance representatives over the last decade.
Compare finance representative salaries for cities or states with the national average over time.
Compare finance representative salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $41,800 | $20.08 | +3.9% |
| 2024 | $40,200 | $19.30 | -3.0% |
| 2023 | $41,300 | $19.88 | +0.5% |
| 2022 | $41,100 | $19.77 | -5.5% |
| 2021 | $43,400 | $20.87 | -6.3% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Sanford Health | Financial Counseling Representative | Sioux Falls, SD | 06/30/2025 | $37,044 |
| R1 RCM | Financial Counseling Representative I | Salt Lake City, UT | 06/28/2025 | $30,804 |
| Mutual of Omaha | Financial REP-Upcoming Grad | Minneapolis, MN | 06/28/2025 | $36,000 |
| Adtalem Global Education Inc. | Student Finance Representative-(Call Center/Customer Service) | Lisle, IL | 06/27/2025 | $35,479 |
| The Western and Southern Life Insurance Company | Financial Representative | Owings Mills, MD | 06/27/2025 | $50,000 |
| Northwestern Mutual | Financial Representative | Farmingdale, NY | 06/27/2025 | $78,939 |
| Fidelity | Financial Representative | Sunnyvale, CA | 06/25/2025 | $45,000 |
| R1 RCM Holdco | Us-Financial Counseling REP I | Pensacola, FL | 06/25/2025 | $30,804 |
| Northwestern Mutual | Financial Representative | Atlanta, GA | 06/25/2025 | $99,038 |
| R1 RCM | Financial Counseling Representative I | Birmingham, AL | 06/24/2025 | $30,804 |
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