Financial Managers in New York
Get the information you need to know about working as a Financial Manager.
You’re in luck! Jobs for Financial Managers in New York are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in New York is growing faster than average.
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Financial Managers in New York earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in New York?
42,460 people worked as Financial Managers in 2018 in this state.
There were 40,570 Financial Managers employed in this state in 2017.
That’s growth of 1,890 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means New York has more Financial Managers than average.
Job Projections for New York
Jobs for Financial Managers in this state are growing at a rate of 20.8% which is faster than the nationwide estimated projection of 18.7%.
New York Annual Job Openings
The BLS estimates there will be 4,330 annual job openings, and 51,840 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 New York?
In 2018 wages for Financial Managers ranged from $98,860 to $208,000 with $194,820 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $47.53 to $100. The median hourly rate was $93.66.
Workers in this field were paid a median of $91.47 an hour in 2017.
The hourly rate grew by $2.19.
The median salary in New York is higher than the nationwide median salary.
Top New York 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 |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 52,350 | $191,540 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 1,630 | $131,140 |
| Albany-Schenectady-Troy, NY | 1,570 | $125,430 |
| Rochester, NY | 1,120 | $135,070 |
| Syracuse, NY | 700 | $126,340 |
| Utica-Rome, NY | 280 | $135,360 |
| Kingston, NY | 160 | $94,910 |
| Glens Falls, NY | 140 | $118,450 |
| Binghamton, NY | 120 | $130,350 |
| Ithaca, NY | 110 | $128,570 |
| Elmira, NY | 50 | $120,470 |
| Watertown-Fort Drum, NY | 40 | $102,140 |
Top States for Financial Managers Employment
The table below shows the states 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 |
What Major Will Prepare You For a Financial Manager Career?
- Accounting
- Finance & Financial Management
- Finance
- Accounting and Finance
- Other Finance and Financial Management Services
- Accounting and Business/Management
- Public Finance
- International Finance
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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