Occupational Employment Statistics

Occupational Employment and Wages, May 2009

11-3031 Financial Managers

Plan, direct, and coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation


National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
495,180 0.6 % $54.68 $113,730 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $26.33 $35.35 $48.65 $66.35 (5)
Annual Wage (2) $54,760 $73,530 $101,190 $138,010 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage
Depository Credit Intermediation 72,150 $44.28 $92,110
Management of Companies and Enterprises 48,620 $62.84 $130,700
Securities and Commodity Contracts Intermediation and Brokerage 20,610 $74.41 $154,770
Insurance Carriers 19,960 $59.60 $123,970
Local Government (OES Designation) 19,380 $39.57 $82,310

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage
Other Financial Investment Activities 14,960 $79.40 $165,160
Securities and Commodity Contracts Intermediation and Brokerage 20,610 $74.41 $154,770
Other Information Services 1,190 $73.69 $153,280
Securities and Commodity Exchanges 800 $72.63 $151,070
Cable and Other Subscription Programming 270 $69.05 $143,610


State profile for this occupation: Top

States with the highest published employment concentrations and wages for this occupation are provided. For a list of all States with employment in this occupation, see the Create Customized Tables function.

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Employment per thousand workers
District of Columbia 6,220 $58.20 $121,050 9.762
Connecticut 13,710 $52.86 $109,950 8.315
New York 53,990 $71.19 $148,070 6.362
New Jersey 23,230 $62.74 $130,500 6.032
Massachusetts 18,660 $58.83 $122,370 5.889

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Employment per thousand workers
New York 53,990 $71.19 $148,070 6.362
Delaware 2,250 $63.37 $131,810 5.449
New Jersey 23,230 $62.74 $130,500 6.032
California 65,160 $61.59 $128,100 4.484
Massachusetts 18,660 $58.83 $122,370 5.889


Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest published employment concentrations and wages for this occupation are provided. For a list of all Metropolitan areas with employment in this occupation, see the Create Customized Tables function.

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Employment per thousand workers
Bridgeport-Stamford-Norwalk, CT 4,960 $61.86 $128,670 11.850
Hartford-West Hartford-East Hartford, CT 5,470 $48.76 $101,420 9.739
Charlotte-Gastonia-Concord, NC-SC 7,830 $60.26 $125,340 9.343
New York-White Plains-Wayne, NY-NJ Metropolitan Division 44,160 $77.25 $160,680 8.722
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 7,880 $70.98 $147,640 8.018

Top paying metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Employment per thousand workers
New York-White Plains-Wayne, NY-NJ Metropolitan Division 44,160 $77.25 $160,680 8.722
San Jose-Sunnyvale-Santa Clara, CA 5,920 $71.99 $149,730 6.664
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 7,880 $70.98 $147,640 8.018
Newark-Union, NJ-PA Metropolitan Division 6,510 $66.04 $137,360 6.676
Wilmington, DE-MD-NJ Metropolitan Division 2,100 $64.40 $133,950 6.413


About May 2009 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(5) This wage is equal to or greater than $80.00 per hour or $166,400 per year.


Other OES estimates and related information:

May 2009 National Occupational Employment and Wage Estimates

May 2009 State Occupational Employment and Wage Estimates

May 2009 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2009 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2009 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

Last Modified Date: May 14, 2010

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