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Finance specialist salary
Average finance specialist salary
$61,666
Average Finance Specialist Salary
The average salary for a Finance Specialist is estimated at $61,666 per year, equating to around $30 per hour. Salaries can vary significantly based on factors such as experience, education, and location. Finance specialists with advanced degrees or certifications often command higher salaries, particularly in large metropolitan areas.
Where Can a Finance Specialist Earn More?
In states like California and New York, finance specialists typically earn the highest salaries due to the cost of living and demand for financial expertise. Industries such as investment banking and financial consulting also offer lucrative opportunities. For example, finance specialists working in the investment sector may see salaries exceeding $80,000 per year.
Career Advancement
To maximize earning potential, finance specialists can pursue further education, such as a Master of Business Administration (MBA) or specialized certifications like the Chartered Financial Analyst (CFA). These qualifications not only enhance professional skills but also improve job prospects and salary potential.
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Where can a Finance Specialist earn more?
Finance specialist salary estimates from across the web
Average finance specialist salary by state
The highest-paying states for finance specialists are Connecticut, New York, and Massachusetts. The lowest average finance specialist salary states are South Dakota, Idaho, and Utah.
- State view
- County view
Highest paying states for finance specialists
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $77,328 | $37.18 |
| 2 | New York | $76,436 | $36.75 |
| 3 | Virginia | $75,024 | $36.07 |
| 4 | Delaware | $72,787 | $34.99 |
| 5 | Massachusetts | $75,045 | $36.08 |
| 6 | Rhode Island | $72,510 | $34.86 |
| 7 | Maryland | $72,694 | $34.95 |
| 8 | Pennsylvania | $73,480 | $35.33 |
| 9 | Vermont | $68,804 | $33.08 |
| 10 | New Jersey | $74,227 | $35.69 |
| 11 | New Hampshire | $73,995 | $35.57 |
| 12 | District of Columbia | $79,533 | $38.24 |
| 13 | Michigan | $63,481 | $30.52 |
| 14 | Ohio | $67,778 | $32.59 |
| 15 | Hawaii | $58,699 | $28.22 |
| 16 | North Carolina | $56,980 | $27.39 |
| 17 | Illinois | $55,840 | $26.85 |
| 18 | Nevada | $57,157 | $27.48 |
| 19 | Florida | $49,718 | $23.90 |
| 20 | Wisconsin | $48,768 | $23.45 |
| 21 | West Virginia | $60,883 | $29.27 |
| 22 | California | $54,236 | $26.07 |
| 23 | Arizona | $49,626 | $23.86 |
| 24 | Maine | $54,546 | $26.22 |
| 25 | Oklahoma | $41,814 | $20.10 |
| 26 | Indiana | $52,798 | $25.38 |
| 27 | Minnesota | $46,411 | $22.31 |
| 28 | Arkansas | $40,494 | $19.47 |
| 29 | New Mexico | $51,059 | $24.55 |
| 30 | Georgia | $48,253 | $23.20 |
| 31 | Texas | $45,953 | $22.09 |
| 32 | North Dakota | $40,262 | $19.36 |
| 33 | Kentucky | $49,223 | $23.66 |
| 34 | Alabama | $44,733 | $21.51 |
| 35 | Wyoming | $36,890 | $17.74 |
| 36 | Tennessee | $42,788 | $20.57 |
| 37 | Kansas | $36,851 | $17.72 |
| 38 | South Carolina | $45,656 | $21.95 |
| 39 | Oregon | $40,373 | $19.41 |
| 40 | Louisiana | $42,148 | $20.26 |
| 41 | Nebraska | $39,335 | $18.91 |
| 42 | Montana | $30,796 | $14.81 |
| 43 | Utah | $33,954 | $16.32 |
| 44 | Colorado | $38,096 | $18.32 |
| 45 | Iowa | $38,968 | $18.73 |
| 46 | Mississippi | $39,941 | $19.20 |
| 47 | Washington | $33,408 | $16.06 |
| 48 | Alaska | $30,530 | $14.68 |
| 49 | Missouri | $38,066 | $18.30 |
| 50 | South Dakota | $35,258 | $16.95 |
| 51 | Idaho | $33,993 | $16.34 |
Highest paying cities for finance specialists
The highest-paying cities for finance specialists are Washington, DC, Hartford, CT, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $79,570 | $38.25 |
| 2 | Hartford, CT | $77,010 | $37.02 |
| 3 | New York, NY | $76,773 | $36.91 |
| 4 | McLean, VA | $76,153 | $36.61 |
| 5 | Boston, MA | $74,993 | $36.05 |
| 6 | Edison, NJ | $74,291 | $35.72 |
| 7 | Philadelphia, PA | $74,109 | $35.63 |
| 8 | Baltimore, MD | $72,870 | $35.03 |
| 9 | Columbus, OH | $67,503 | $32.45 |
| 10 | Lansing, MI | $62,274 | $29.94 |
| 11 | Raleigh, NC | $59,951 | $28.82 |
| 12 | San Francisco, CA | $57,041 | $27.42 |
| 13 | Chicago, IL | $56,862 | $27.34 |
| 14 | Indianapolis, IN | $52,157 | $25.08 |
| 15 | Miami, FL | $51,398 | $24.71 |
| 16 | Phoenix, AZ | $49,437 | $23.77 |
| 17 | San Antonio, TX | $47,965 | $23.06 |
| 18 | Atlanta, GA | $47,850 | $23.00 |
| 19 | Madison, WI | $46,625 | $22.42 |
| 20 | Saint Paul, MN | $46,584 | $22.40 |
Finance specialist salary details
A finance specialist's salary ranges from $37,000 a year at the 10th percentile to $100,000 at the 90th percentile.
What is a finance specialist's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $100,000 | $8,333 | $48 |
| 75th Percentile | $79,000 | $6,583 | $38 |
| Average | $61,666 | $5,139 | $30 |
| 25th Percentile | $47,000 | $3,917 | $23 |
| 10th Percentile | $37,000 | $3,083 | $18 |
Highest paying finance specialist jobs
The highest paying types of finance specialists are finance associate, finance consultant, and finance planner.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Advising Internship | $58,376 | $4,865 | $28.07 | 117,509 |
| Finance Internship | $38,458 | $3,205 | $18.49 | 115,143 |
| Finance Service Representative | $38,361 | $3,197 | $18.44 | 220,519 |
| Finance Officer | $68,822 | $5,735 | $33.09 | 140,730 |
| Finance Planner | $71,607 | $5,967 | $34.43 | 91,557 |
| Finance Representative | $41,765 | $3,480 | $20.08 | 124,645 |
How would you rate the starting salaries for finance specialists, as well as the prospects for salary advancement?
Dr. William Wood Ph.D.
Academic Unit Head, Economics; Director, Center for Economic Education, James Madison University
Top companies hiring finance specialists now:
Which companies pay finance specialists the most?
Finance specialist salaries at Google and Agilent Technologies are the highest-paying according to our most recent salary estimates. In addition, the average finance specialist salary at companies like McKinsey & Company Inc and PayPal are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | $109,307 | $52.55 | |
| 2 | Agilent Technologies | $108,366 | $52.10 |
| 3 | McKinsey & Company Inc | $104,860 | $50.41 |
| 4 | PayPal | $101,715 | $48.90 |
| 5 | Intel | $100,675 | $48.40 |
| 6 | Boston Consulting Group | $100,300 | $48.22 |
| 7 | Keysight Technologies | $98,138 | $47.18 |
| 8 | Citi | $97,871 | $47.05 |
| 9 | Pace University | $95,473 | $45.90 |
| 10 | RapidRatings | $94,520 | $45.44 |
| 11 | Brightstar | $93,955 | $45.17 |
| 12 | ZS | $93,734 | $45.06 |
| 13 | Hess | $92,741 | $44.59 |
| 14 | Morgan Stanley | $92,401 | $44.42 |
| 15 | SAP | $92,068 | $44.26 |
| 16 | Bloomberg | $91,392 | $43.94 |
| 17 | State Street | $90,960 | $43.73 |
| 18 | Signature Healthcare | $90,460 | $43.49 |
| 19 | TVU Networks | $90,447 | $43.48 |
| 20 | Capital Group | $90,041 | $43.29 |
Wage gap by gender, race and education
Finance Specialist salary by industry
The average finance specialist salary varies across industries:
- The average finance specialist salary in the finance industry is $68,798, the highest of any industry.
- The average finance specialist salary in the finance industry is $52,307.
- Finance specialists in the retail industry earn an average salary of $42,985, the lowest of any industry.
Highest paying industries for finance specialists
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $68,798 | $33.08 |
| 2 | Government | $52,307 | $25.15 |
| 3 | Manufacturing | $46,523 | $22.37 |
| 4 | Retail | $42,985 | $20.67 |
High paying finance specialist jobs
Finance specialist salary trends
The average finance specialist salary has risen by $11,369 over the last ten years. In 2014, the average finance specialist earned $50,297 annually, but today, they earn $61,666 a year. That works out to a 6% change in pay for finance specialists over the last decade.
Compare finance specialist salaries for cities or states with the national average over time.
Average finance specialist salary over time
Compare finance specialist salaries for individual cities or states with the national average.
Finance specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $61,700 | $29.65 | +2.6% |
| 2024 | $60,100 | $28.89 | +1.6% |
| 2023 | $59,100 | $28.41 | +1.1% |
| 2022 | $58,500 | $28.11 | +0.1% |
| 2021 | $58,400 | $28.09 | +4.0% |
Recently added finance specialist salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Lane Community College | Financial Specialist II-Accounts Payable | Eugene, OR | 06/30/2025 | $44,658 |
| The University of Oklahoma Human Resources | Financial Aid Specialist, Loans | Norman, OK | 06/29/2025 | $38,000 |
| Healthcare Support Staffing | JR. Accounting/Financial Specialist | Sunrise, FL | 06/29/2025 | $31,305 |
| Cedars Sinai | Financial Specialist III (PER Diem)-Pacific Heart | Santa Monica, CA | 06/28/2025 | $61,295 |
| Western Growers Association | Western Growers Family of Companies Careers-Bilingual Financial Specialist II | Irvine, CA | 06/28/2025 | $51,853 |
| Usc | Financial Clearance Specialist III-Pre-Arrival-Days (Non-Exempt) (NON | Alhambra, CA | 06/28/2025 | $45,914 |
| Tennessee Board of Regents | Financial Aid Specialist | Jackson, TN | 06/28/2025 | $35,771 |
| Caredx, Inc. | Financial Clearance Specialist | Brisbane, CA | 06/27/2025 | $62,610 |
| State of North Carolina | Finance Specialist | Boone, NC | 06/27/2025 | $67,000 |
| State of Ohio | Financial Specialist | Columbus, OH | 06/27/2025 | $58,436 |
Finance specialist salary FAQs
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