Financial Managers pay in Massachusetts

$218,230avg. a year
$104.92 an hour · 26,150 employed

Financial Managers in Massachusetts earn an average of $218,230 a year. That is $31,320 (17%) more than the U.S. average of $186,910. The best-paying metro area is Boston-Cambridge-Newton, MA-NH at $221,800.

$206,760Median pay
$104.92Average hourly
+37%Avg. pay since 2020
#2Of 50 states + D.C.

Top-paying Massachusetts metro areas

Average pay for financial managers by metro area. Swipe to see all 7.

121,650 jobs
Boston-Cambridge-Newton, MA-NH
$221,800
$106.64 an hour
21,560 jobs
Worcester, MA
$190,260
$91.47 an hour
3920 jobs
Springfield, MA
$189,190
$90.96 an hour
43,280 jobs
Providence-Warwick, RI-MA
$181,550
$87.28 an hour
5270 jobs
Pittsfield, MA
$177,850
$85.50 an hour
6320 jobs
Barnstable Town, MA
$165,530
$79.58 an hour
7270 jobs
Amherst Town-Northampton, MA
$165,290
$79.47 an hour

Why people trust JobPayFacts

Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
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Financial Managers pay in Massachusetts, charted

Pay over time

Massachusetts, annual wage, May of each year
AverageMedian

Where Massachusetts financial managers work

Employment by metro area, May 2025

Average pay by state

May 2025 · Massachusetts highlighted · tap a state
Under $151k$151k–$163k$163k–$183k$183k+Massachusetts

Massachusetts vs. neighbors

Average pay, May 2025
AreaAvg. payHourly
United States$186,910$89.86
Massachusetts$218,230$104.92
New York$246,560$118.54
Connecticut$201,260$96.76
Rhode Island$181,400$87.21
New Hampshire$160,920$77.37
Vermont$146,120$70.25

Questions and answers

How much do financial managers make in Massachusetts?

The average is $218,230 a year, and the median is $206,760. That is $31,320 (17%) more than the U.S. average of $186,910.

What is the hourly wage in Massachusetts?

$104.92 an hour on average; the median is $99.40.

Where in Massachusetts do they earn the most?

Boston-Cambridge-Newton, MA-NH ($221,800), followed by Worcester, MA ($190,260). The lowest average among 7 metro areas with data is Amherst Town-Northampton, MA ($165,290).

How does Massachusetts rank?

Massachusetts ranks #2 of 51 states (including D.C.) with published data for this job, by average pay.

Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 11-3031. State rank compares average pay across states with published data. Metro figures cover metropolitan statistical areas; a metro area can cross state lines. See also the national financial managers page. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.