Occupational Employment and Wages, May 2010

11-3031 Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
478,940 0.5 % $56.24 $116,970 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $26.98 $36.50 $49.96 $68.37 (5)
Annual Wage (2) $56,120 $75,920 $103,910 $142,210 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Depository Credit Intermediation 69,740 4.06 $46.19 $96,070
Management of Companies and Enterprises 49,860 2.62 $64.47 $134,100
Insurance Carriers 19,920 1.68 $61.32 $127,540
Local Government (OES Designation) 18,910 0.34 $41.00 $85,290
Nondepository Credit Intermediation 16,480 2.92 $56.08 $116,650

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Exchanges 800 10.90 $70.98 $147,640
Depository Credit Intermediation 69,740 4.06 $46.19 $96,070
Other Financial Investment Activities 12,950 3.89 $81.08 $168,640
Securities and Commodity Contracts Intermediation and Brokerage 16,430 3.59 $76.84 $159,830
Other Investment Pools and Funds 1,150 3.01 $71.60 $148,920

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 12,950 3.89 $81.08 $168,640
Securities and Commodity Contracts Intermediation and Brokerage 16,430 3.59 $76.84 $159,830
Other Information Services 1,130 0.82 $74.98 $155,960
Cable and Other Subscription Programming 250 0.32 $72.41 $150,600
Other Investment Pools and Funds 1,150 3.01 $71.60 $148,920


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.

States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 65,780 4.70 1.25 $62.52 $130,040
New York 45,160 5.41 1.44 $74.81 $155,600
Texas 27,760 2.75 0.73 $54.30 $112,940
Illinois 22,520 4.07 1.08 $54.05 $112,410
New Jersey 21,700 5.76 1.53 $65.85 $136,960




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 6,760 10.58 2.81 $61.02 $126,920
Connecticut 12,540 7.84 2.08 $53.78 $111,860
Massachusetts 18,610 5.97 1.58 $62.14 $129,240
New Jersey 21,700 5.76 1.53 $65.85 $136,960
Rhode Island 2,570 5.72 1.52 $56.94 $118,440




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 45,160 5.41 1.44 $74.81 $155,600
New Jersey 21,700 5.76 1.53 $65.85 $136,960
Delaware 2,260 5.69 1.51 $64.80 $134,790
California 65,780 4.70 1.25 $62.52 $130,040
Massachusetts 18,610 5.97 1.58 $62.14 $129,240

Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 36,800 7.39 1.96 $80.97 $168,420
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 17,920 4.69 1.25 $64.27 $133,680
Chicago-Naperville-Joliet, IL Metropolitan Division 16,450 4.65 1.23 $57.95 $120,540
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 14,520 6.34 1.68 $62.57 $130,150
Boston-Cambridge-Quincy, MA NECTA Division 12,220 7.37 1.96 $67.72 $140,850
Atlanta-Sandy Springs-Marietta, GA 10,670 4.85 1.29 $58.20 $121,050
Minneapolis-St. Paul-Bloomington, MN-WI 9,370 5.58 1.48 $59.21 $123,150
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 7,910 8.33 2.21 $74.77 $155,520
Houston-Sugar Land-Baytown, TX 7,830 3.14 0.83 $59.27 $123,280
Dallas-Plano-Irving, TX Metropolitan Division 7,690 3.84 1.02 $57.22 $119,010




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 4,560 11.26 2.99 $61.90 $128,760
Hartford-West Hartford-East Hartford, CT 4,710 8.62 2.29 $49.05 $102,020
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 7,910 8.33 2.21 $74.77 $155,520
Charlotte-Gastonia-Concord, NC-SC 6,660 8.23 2.18 $62.02 $129,000
New York-White Plains-Wayne, NY-NJ Metropolitan Division 36,800 7.39 1.96 $80.97 $168,420
Boston-Cambridge-Quincy, MA NECTA Division 12,220 7.37 1.96 $67.72 $140,850
Trenton-Ewing, NJ 1,520 7.09 1.88 $62.80 $130,620
Wilmington, DE-MD-NJ Metropolitan Division 2,170 6.89 1.83 $65.34 $135,920
Rochester-Dover, NH-ME 370 6.89 1.83 $48.06 $99,970
San Jose-Sunnyvale-Santa Clara, CA 5,800 6.77 1.80 $71.31 $148,330