Financial Managers in Alabama
Considering a career as a Financial Manager in Alabama?
You’re in luck! Jobs for Financial Managers in Alabama are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in Alabama is growing faster than average.
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Financial Managers in Alabama earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in Alabama?
In Alabama, there were 4,910 people working as Financial Managers in the year 2018.
There were 5,200 Financial Managers employed in this state in 2017.
That’s a decline of 290 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means Alabama has fewer Financial Managers than average.
Job Projections for Alabama
Jobs for Financial Managers in this state are growing at a rate of 17.9% which is slower than the nationwide estimated projection of 18.7%.
Alabama Annual Job Openings
The BLS estimates there will be 520 annual job openings, and 6,270 total jobs in 2026 for Financial Managers in this state.
Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.
What do Financial Managers Make in Alabama?
In 2018 wages for Financial Managers ranged from $66,830 to $207,580 with $114,980 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $32.13 to $99.8. The median hourly rate was $55.28.
In 2017 the median pay for this field was $56.88 an hour.
The hourly rate declined by $1.60.
The median salary in Alabama is higher than the nationwide median salary.
Top Alabama Metros for Financial Managers
The table below shows some of the metros in this state with the most Financial Managers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Birmingham-Hoover, AL | 2,240 | $127,370 |
| Huntsville, AL | 490 | $120,340 |
| Montgomery, AL | 460 | $113,530 |
| Columbus, GA-AL | 450 | $123,650 |
| Mobile, AL | 320 | $103,720 |
| Tuscaloosa, AL | 190 | $104,570 |
| Dothan, AL | 120 | $111,050 |
| Decatur, AL | 100 | $81,000 |
| Auburn-Opelika, AL | 100 | $122,150 |
| Florence-Muscle Shoals, AL | 90 | $107,830 |
| Anniston-Oxford-Jacksonville, AL | 80 | $104,830 |
| Daphne-Fairhope-Foley, AL | 50 | $104,810 |
| Gadsden, AL | 30 | $99,550 |
Top States for Financial Managers Employment
View the list below to see where most Financial Managers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 81,350 | $139,240 |
| New York | 42,460 | $194,820 |
| Illinois | 40,040 | $126,020 |
| Texas | 39,580 | $129,320 |
| Massachusetts | 33,880 | $130,180 |
| Florida | 29,050 | $114,190 |
| New Jersey | 21,340 | $157,490 |
| Ohio | 19,980 | $118,100 |
| Georgia | 17,840 | $127,830 |
| Pennsylvania | 17,730 | $138,980 |
| Tennessee | 15,870 | $95,970 |
| Connecticut | 15,750 | $144,500 |
| North Carolina | 15,730 | $131,610 |
| Minnesota | 15,610 | $121,210 |
| Virginia | 15,180 | $147,710 |
| Michigan | 14,760 | $116,300 |
| Washington | 13,010 | $123,430 |
| Maryland | 12,550 | $137,820 |
| Arizona | 11,400 | $103,910 |
| Iowa | 8,630 | $100,280 |
Below are the states where Financial Managers get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $194,820 |
| New Jersey | $157,490 |
| Delaware | $152,180 |
| District of Columbia | $150,550 |
| Virginia | $147,710 |
| Colorado | $146,000 |
| Connecticut | $144,500 |
| California | $139,240 |
| Pennsylvania | $138,980 |
| Maryland | $137,820 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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