Financial Managers: Entry-Level vs Senior Salary (2024)

How does Financial Managers salary grow from entry-level to senior? National salary progression based on 27 states with BLS data.

194% career growth potential

Data: BLS OEWS 2024 • National averages across 27 states • Updated 2026-04-06

Entry-Level (P10)
$73,639
$6,137/mo
Mid-Career (Median)
$122,581
$10,215/mo
Senior (P90)
$216,491
$18,041/mo

Salary Progression: Entry-Level to Senior

The salary range for Financial Managers spans from $73,639 at entry-level to $216,491 at senior level — a difference of $142,852 per year.

P10
$73K
P25
$93K
Median
$122K
P75
$162K
P90
$216K

Career Growth Premium: +194%

Senior Financial Managerss earn $142,852 more per year than entry-level professionals.

Annual Difference
+$142,852
Monthly Difference
+$11,904
Hourly Difference
+$68.68
Growth Multiple
2.9x

Detailed Salary Breakdown by Experience Level

Complete percentile breakdown showing how Financial Managers salary increases with experience, from entry-level (10th percentile) to senior (90th percentile).

Experience Level Percentile Annual Salary Monthly Hourly
Entry-Level P10 $73,639 $6,137 $35.40
Early Career P25 $93,275 $7,773 $44.84
Mid-Career Median $122,581 $10,215 $58.93
Experienced P75 $162,143 $13,512 $77.95
Senior / Expert P90 $216,491 $18,041 $104.08
Key Insight

Financial Managers shows strong salary progression over a career. Entry-level professionals start around $73,639, while senior-level professionals earn $216,491 — a 194% increase. The biggest salary jump typically occurs between mid-career ($122,581) and experienced level ($162,143), suggesting that specialization and leadership responsibilities are the key drivers of higher pay.

Top States for Senior Financial Managers Pay

Which states pay the highest senior-level salaries for Financial Managers? Top 10 states ranked by 90th percentile (senior) pay.

1
$237,840
Entry: $75K
+216%
2
$237,000
Entry: $62K
+278%
3
$236,810
Entry: $80K
+194%
4
$236,040
Entry: $84K
+180%
5
$235,410
Entry: $76K
+207%
6
$230,320
Entry: $75K
+205%
7
$226,190
Entry: $81K
+176%
8
$226,060
Entry: $84K
+166%
9
$224,620
Entry: $75K
+196%
10
$224,170
Entry: $106K
+111%

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Frequently Asked Questions

What is the entry-level salary for a Financial Managers?

Entry-level Financial Managerss (10th percentile) earn approximately $73,639 per year, or $6,136 per month. Early-career professionals (25th percentile) earn around $93,275. Based on 2024 BLS OEWS data across all U.S. states.

How much does a senior Financial Managers make?

Senior Financial Managerss (90th percentile) earn approximately $216,491 per year. Experienced professionals (75th percentile) earn around $162,143. This represents a career premium of 194% over entry-level pay.

What is the salary growth potential for a Financial Managers?

The career salary growth potential for Financial Managerss is 194%. Entry-level professionals start at $73,639, while senior-level can earn up to $216,491 — a difference of $142,852 per year.

Which state pays the highest salary for senior Financial Managerss?

The highest-paying state for senior Financial Managerss is Tennessee, where 90th-percentile salaries reach $237,840 per year. See the full state-by-state comparison above.

How are entry-level and senior Financial Managers salaries determined?

We use BLS Occupational Employment and Wage Statistics (OEWS) 2024 data. The 10th percentile (P10) approximates entry-level pay — the salary that 90% of workers earn more than. The 90th percentile (P90) approximates senior/expert-level pay — only 10% of workers earn above this threshold. National averages are computed across all reporting U.S. states.

Related Salary Pages

About This Data

Salary percentile data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS), May 2024. National averages are computed across 27 states and the District of Columbia. P10 approximates entry-level compensation; P90 approximates senior/expert-level compensation. Actual salaries vary based on location, employer, experience, education, and certifications.

Our Methodology · Data Sources · Source: BLS OEWS

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