Occupational Employment and Wages, May 2014

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)
518,030 0.6 % $62.61 $130,230 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $30.04 $40.02 $55.44 $76.55 (5)
Annual Wage (2) $62,480 $83,230 $115,320 $159,230 (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 79,020 4.69 $50.83 $105,720
Management of Companies and Enterprises 65,830 2.98 $71.82 $149,380
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 23,000 2.58 $77.73 $161,690
Insurance Carriers 18,870 1.62 $67.64 $140,700
Local Government (OES Designation) 18,850 0.35 $45.57 $94,780

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Depository Credit Intermediation 79,020 4.69 $50.83 $105,720
Securities and Commodity Contracts Intermediation and Brokerage 15,190 3.43 $87.16 $181,280
Other Financial Investment Activities 14,480 3.40 $85.87 $178,600
Management of Companies and Enterprises 65,830 2.98 $71.82 $149,380
Other Investment Pools and Funds 210 2.90 $80.43 $167,290

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Independent Artists, Writers, and Performers 210 0.40 $99.80 $207,580
Beer, Wine, and Liquor Stores (8) (8) $93.62 $194,740
Securities and Commodity Contracts Intermediation and Brokerage 15,190 3.43 $87.16 $181,280
Other Financial Investment Activities 14,480 3.40 $85.87 $178,600
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 70 0.34 $85.00 $176,800


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 73,700 4.87 1.27 $69.55 $144,670
New York 37,940 4.31 1.12 $84.15 $175,020
Illinois 30,360 5.27 1.37 $60.33 $125,480
Texas 27,690 2.47 0.64 $64.71 $134,590
Massachusetts 23,310 7.02 1.83 $61.71 $128,360



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 6,450 9.57 2.50 $68.57 $142,630
Connecticut 13,130 7.97 2.08 $67.78 $140,980
Massachusetts 23,310 7.02 1.83 $61.71 $128,360
Rhode Island 2,910 6.27 1.64 $65.76 $136,770
New Hampshire 3,540 5.64 1.47 $53.99 $112,290



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 37,940 4.31 1.12 $84.15 $175,020
Delaware 2,210 5.20 1.36 $75.31 $156,640
New Jersey 21,670 5.60 1.46 $74.10 $154,130
Colorado 5,430 2.29 0.60 $70.35 $146,320
California 73,700 4.87 1.27 $69.55 $144,670




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 32,390 6.01 1.57 $90.14 $187,490
Chicago-Joliet-Naperville, IL Metropolitan Division 23,060 6.15 1.60 $62.95 $130,930
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 20,240 4.99 1.30 $73.35 $152,570
Boston-Cambridge-Quincy, MA NECTA Division 16,230 9.04 2.36 $65.97 $137,220
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 13,910 5.85 1.53 $71.05 $147,780
Minneapolis-St. Paul-Bloomington, MN-WI 11,960 6.56 1.71 $64.61 $134,390
Atlanta-Sandy Springs-Marietta, GA 11,160 4.67 1.22 $64.95 $135,090
Houston-Sugar Land-Baytown, TX 8,730 3.07 0.80 $71.19 $148,080
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 8,630 7.94 2.07 $85.60 $178,050
Santa Ana-Anaheim-Irvine, CA Metropolitan Division 8,220 5.54 1.45 $68.10 $141,650