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The average salary for a Relationship Manager in the United States is approximately $83,761 per year. This figure can fluctuate based on factors such as geographic location, years of experience, and the specific industry. For instance, states like California and New York often report higher salaries due to the cost of living and demand for skilled professionals.
In addition to base salaries, many Relationship Managers receive bonuses and commissions based on performance, which can significantly enhance annual earnings. It's essential for candidates to consider both base pay and potential performance incentives when evaluating job offers.
According to current data, the highest paying states for Relationship Managers include:
Understanding these salary trends can help job seekers make informed decisions and negotiate better offers. As the demand for Relationship Managers continues to grow across various sectors, staying updated on salary expectations is crucial.
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The highest-paying states for relationship managers are New York, Washington, and New Jersey. The lowest average relationship manager salary states are Kentucky, Mississippi, and Kansas.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $103,697 | $49.85 |
| 2 | Oregon | $97,347 | $46.80 |
| 3 | Washington | $102,431 | $49.25 |
| 4 | Vermont | $94,224 | $45.30 |
| 5 | California | $99,929 | $48.04 |
| 6 | Wyoming | $90,548 | $43.53 |
| 7 | New Jersey | $100,383 | $48.26 |
| 8 | Massachusetts | $93,675 | $45.04 |
| 9 | Connecticut | $90,437 | $43.48 |
| 10 | Utah | $88,344 | $42.47 |
| 11 | Maine | $98,326 | $47.27 |
| 12 | Tennessee | $85,988 | $41.34 |
| 13 | Delaware | $85,127 | $40.93 |
| 14 | Pennsylvania | $83,241 | $40.02 |
| 15 | West Virginia | $87,311 | $41.98 |
| 16 | Nevada | $83,551 | $40.17 |
| 17 | District of Columbia | $86,726 | $41.70 |
| 18 | Idaho | $85,895 | $41.30 |
| 19 | Ohio | $80,526 | $38.71 |
| 20 | Montana | $84,617 | $40.68 |
| 21 | New Hampshire | $85,458 | $41.09 |
| 22 | Michigan | $82,634 | $39.73 |
| 23 | Rhode Island | $81,825 | $39.34 |
| 24 | Arizona | $78,746 | $37.86 |
| 25 | Maryland | $84,236 | $40.50 |
| 26 | Illinois | $79,424 | $38.18 |
| 27 | North Carolina | $78,801 | $37.89 |
| 28 | Colorado | $81,022 | $38.95 |
| 29 | Minnesota | $80,521 | $38.71 |
| 30 | Wisconsin | $75,443 | $36.27 |
| 31 | Hawaii | $88,485 | $42.54 |
| 32 | Virginia | $78,443 | $37.71 |
| 33 | North Dakota | $75,050 | $36.08 |
| 34 | Missouri | $79,270 | $38.11 |
| 35 | Texas | $74,170 | $35.66 |
| 36 | Alaska | $82,093 | $39.47 |
| 37 | Indiana | $74,052 | $35.60 |
| 38 | Nebraska | $75,869 | $36.48 |
| 39 | Louisiana | $74,266 | $35.70 |
| 40 | South Dakota | $73,756 | $35.46 |
| 41 | Oklahoma | $74,182 | $35.66 |
| 42 | Georgia | $74,876 | $36.00 |
| 43 | Iowa | $74,301 | $35.72 |
| 44 | Kentucky | $72,669 | $34.94 |
| 45 | South Carolina | $73,559 | $35.36 |
| 46 | Florida | $68,253 | $32.81 |
| 47 | New Mexico | $73,998 | $35.58 |
| 48 | Arkansas | $69,510 | $33.42 |
| 49 | Mississippi | $71,194 | $34.23 |
| 50 | Kansas | $70,174 | $33.74 |
| 51 | Alabama | $69,668 | $33.49 |
The highest-paying cities for relationship managers are San Francisco, CA, Albany, NY, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $111,581 | $53.64 |
| 2 | Albany, NY | $104,029 | $50.01 |
| 3 | Seattle, WA | $103,258 | $49.64 |
| 4 | Portland, ME | $98,941 | $47.57 |
| 5 | Portland, OR | $96,584 | $46.43 |
| 6 | Boston, MA | $93,816 | $45.10 |
| 7 | Hartford, CT | $90,568 | $43.54 |
| 8 | Salt Lake City, UT | $87,878 | $42.25 |
| 9 | Washington, DC | $86,824 | $41.74 |
| 10 | Cleveland, TN | $86,220 | $41.45 |
| 11 | Columbia, MD | $84,351 | $40.55 |
| 12 | Philadelphia, PA | $83,731 | $40.26 |
| 13 | Detroit, MI | $82,927 | $39.87 |
| 14 | Las Vegas, NV | $82,391 | $39.61 |
| 15 | Cleveland, OH | $82,322 | $39.58 |
| 16 | Providence, RI | $81,865 | $39.36 |
| 17 | Denver, CO | $81,038 | $38.96 |
| 18 | Minneapolis, MN | $80,520 | $38.71 |
| 19 | Saint Louis, MO | $79,930 | $38.43 |
| 20 | Raleigh, NC | $79,816 | $38.37 |
Relationship Managers are the most in-demand in these five cities:
A relationship manager's salary ranges from $56,000 a year at the 10th percentile to $123,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $123,000 | $10,250 | $59 |
| 75th Percentile | $102,000 | $8,500 | $49 |
| Average | $83,761 | $6,980 | $40 |
| 25th Percentile | $68,000 | $5,667 | $33 |
| 10th Percentile | $56,000 | $4,667 | $27 |
The highest paying types of relationship managers are national sales manager, regional service manager, and regional manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Account Manager | $68,535 | $5,711 | $32.95 | 152,261 |
| Manager | $58,651 | $4,888 | $28.20 | 1,236,194 |
| Sales/Field Sales Manager | $80,257 | $6,688 | $38.58 | 156,663 |
| Channel Manager | $87,573 | $7,298 | $42.10 | 106,753 |
| Client Manager | $88,768 | $7,397 | $42.68 | 118,707 |
| Sales Manager | $73,952 | $6,163 | $35.55 | 119,066 |
Top companies hiring relationship managers now:
Relationship manager salaries at Google and BitGo are the highest-paying according to our most recent salary estimates. In addition, the average relationship manager salary at companies like Bloomberg and Putnam Investments are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | $137,517 | $66.11 | |
| 2 | BitGo | $136,648 | $65.70 |
| 3 | Bloomberg | $133,733 | $64.29 |
| 4 | Putnam Investments | $132,764 | $63.83 |
| 5 | Neuberger Berman | $132,238 | $63.58 |
| 6 | Credit Suisse | $130,386 | $62.69 |
| 7 | Goldman Sachs | $129,087 | $62.06 |
| 8 | Moody's | $128,334 | $61.70 |
| 9 | Citrix | $127,634 | $61.36 |
| 10 | First Republic Bank | $126,756 | $60.94 |
| 11 | Cedars-Sinai | $126,196 | $60.67 |
| 12 | Microsoft | $125,964 | $60.56 |
| 13 | Virtu Financial | $125,248 | $60.22 |
| 14 | Citi | $123,873 | $59.55 |
| 15 | Neighborly | $123,823 | $59.53 |
| 16 | Cisco | $122,922 | $59.10 |
| 17 | Novartis | $122,292 | $58.79 |
| 18 | Capital Group | $122,254 | $58.78 |
| 19 | MUFG EMEA | $121,452 | $58.39 |
| 20 | LenelS2 | $120,550 | $57.96 |
The average relationship manager salary has risen by $19,407 over the last ten years. In 2014, the average relationship manager earned $64,354 annually, but today, they earn $83,761 a year. That works out to a 12% change in pay for relationship managers over the last decade.
Compare relationship manager salaries for cities or states with the national average over time.
Compare relationship manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $83,800 | $40.27 | +4.3% |
| 2024 | $80,200 | $38.55 | +1.9% |
| 2023 | $78,700 | $37.81 | +2.5% |
| 2022 | $76,700 | $36.85 | +2.6% |
| 2021 | $74,700 | $35.91 | +3.5% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Bok Financial Corp | Relationship Manager II-Corporate Banking | Denver, CO | 06/30/2025 | $110,000 |
| Capital One | Assistant Relationship Manager | Phoenix, AZ | 06/30/2025 | $61,600 |
| Capital One | Relationship Manager | Alpharetta, GA | 06/30/2025 | $72,800 |
| Capital One | Relationship Manager | Melville, NY | 06/30/2025 | $87,400 |
| Homestreet Bank | Relationship Manager IV, Commercial Banking | Tacoma, WA | 06/30/2025 | $124,300 |
| Axos Bank | Relationship Manager, SBB | San Diego, CA | 06/30/2025 | $41,323 |
| River City Bank | Public Sector Banking Relationship Manager | Los Angeles, CA | 06/30/2025 | $110,000 |
| Trustage | Intermediary Retirement Relationship Manager (Remote Within Southeast Territory) | Atlanta, GA | 06/30/2025 | $81,500 |
| AXA Equitable Holdings, Inc. | Relationship Manager, Advisory and Investment Consulting | Charlotte, NC | 06/30/2025 | $75,000 |
| Ntrs | Lead Relationship Manager | San Francisco, CA | 06/30/2025 | $158,010 |
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