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Financial Specialists in Massachusetts

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Financial Specialists in Massachusetts

Is Massachusetts a good place for you to work as a Financial Specialist?

6.8% Jobs Projection
$81,120 Median Salary
260 Job Openings

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

  • Projected employment for Financial Specialists in Massachusetts is growing faster than average.

  • Financial Specialists in Massachusetts earn higher salaries than the typical U.S. wage earner.

How Many Financial Specialists Work in Massachusetts?

In 2018, there were 2,890 Financial Specialists working in the state.

There were 2,790 Financial Specialists employed in this state in 2017.

That’s growth of 100 jobs between 2017 and 2018.

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The typical state has 1,410 Financial Specialists working in it, which means Massachusetts has more Financial Specialists than average.

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Job Projections for Massachusetts

Jobs for Financial Specialists in this state are growing at a rate of 6.8% which is slower than the nationwide estimated projection of 9.6%.

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Massachusetts Annual Job Openings

The BLS estimates there will be 260 annual job openings, and 2,970 total jobs in 2026 for Financial Specialists in this state.

Nationwide, the prediction is 13,100 annual jobs and 149,000 total jobs in 2026.

What do Financial Specialists Make in Massachusetts?

In 2018 wages for Financial Specialists ranged from $47,500 to $132,880 with $81,120 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $22.84 to $63.88. The median hourly rate was $39.

In 2017 the median pay for this field was $39.48 an hour.

The hourly rate declined by $0.48.

The median salary in Massachusetts is higher than the nationwide median salary.

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Top Massachusetts Metros for Financial Specialists

The table below shows some of the metros in this state with the most Financial Specialists.

Metro Number Employed Annual Median Salary
Boston-Cambridge-Nashua, MA-NH 2,630 $82,700
Providence-Warwick, RI-MA 570 $71,490
Springfield, MA-CT 120 $54,390
Worcester, MA-CT 120 $74,130
Barnstable Town, MA 60 $58,620

Top States for Financial Specialists Employment

The table below shows the states where most Financial Specialists work.

State Number Employed Annual Median Salary
California 19,100 $72,620
Texas 10,780 $62,900
Florida 6,410 $62,400
New Jersey 5,360 $77,080
Ohio 5,300 $75,670
Maryland 5,260 $71,230
Georgia 4,740 $73,370
Virginia 4,500 $82,900
Illinois 4,500 $82,100
New York 4,450 $81,800
Michigan 4,050 $59,420
Colorado 3,650 $74,680
North Carolina 3,430 $67,040
Pennsylvania 3,370 $71,240
Minnesota 3,320 $65,470
District of Columbia 3,070 $103,300
Arizona 2,980 $71,620
Washington 2,920 $65,840
Massachusetts 2,890 $81,120
Tennessee 2,770 $57,100

Below are the states where Financial Specialists get paid the most:

State Annual Median Salary
District of Columbia $103,300
Virginia $82,900
Illinois $82,100
New York $81,800
Massachusetts $81,120
New Hampshire $77,300
New Jersey $77,080
Ohio $75,670
Colorado $74,680
Connecticut $73,560

What Major Will Prepare You For a Financial Specialist Career?

References

More about our data sources and methodologies.

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