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Financial Managers in Tennessee

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Financial Managers in Tennessee

Want to work in Tennessee as a Financial Manager? Read this first!

27.5% Jobs Projection
$95,970 Median Salary
1,590 Job Openings

You’re in luck! Jobs for Financial Managers in Tennessee are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Managers in Tennessee is growing faster than average.

  • Financial Managers in Tennessee earn higher salaries than the typical U.S. wage earner.

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.

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The typical state has 6,900 Financial Managers working in it, which means Tennessee has more Financial Managers than average.

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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%.

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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.

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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

What Major Will Prepare You For a Financial Manager Career?

References

More about our data sources and methodologies.

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