Financial Managers in Tennessee
Want to work in Tennessee as a Financial Manager? Read this first!
You’re in luck! Jobs for Financial Managers in Tennessee are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in Tennessee is growing faster than average.
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Financial Managers in Tennessee earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in Tennessee?
In Tennessee, there were 15,870 people working as Financial Managers in the year 2018.
There were 14,500 Financial Managers employed in this state in 2017.
That’s growth of 1,370 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means Tennessee has more Financial Managers than average.
Job Projections for Tennessee
Jobs for Financial Managers in this state are growing at a rate of 27.5% which is faster than the nationwide estimated projection of 18.7%.
Tennessee Annual Job Openings
The BLS is projecting 1,590 annual Financial Managers job openings in Tennessee, and 18,470 total jobs in the year 2026.
Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.
What do Financial Managers Make in Tennessee?
In 2018 wages for Financial Managers ranged from $50,040 to $193,980 with $95,970 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $24.06 to $93.26. The median hourly rate was $46.14.
In 2017 the median pay for this field was $46.18 an hour.
The hourly rate declined by $0.04.
The median salary in Tennessee is higher than the nationwide median salary.
Top Tennessee 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 |
|---|---|---|
| Memphis, TN-MS-AR | 2,540 | $102,960 |
| Knoxville, TN | 2,240 | $83,550 |
| Chattanooga, TN-GA | 1,070 | $96,420 |
| Kingsport-Bristol-Bristol, TN-VA | 460 | $91,660 |
| Johnson City, TN | 320 | $90,760 |
| Clarksville, TN-KY | 250 | $88,340 |
| Jackson, TN | 230 | $91,300 |
| Cleveland, TN | 180 | $69,930 |
| Morristown, TN | 180 | $63,270 |
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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