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Financial Managers

Wages & Outlook

 

Typical Wages   This career pays well above the median wage.

Wages listed below are for a variety of experience and education levels. Make sure that you research the typical entry-level education and work experience and training requirements for this occupation.

This career: $63.05
Statewide median: $23.81

 

This is a very high-wage career. It pays well above the statewide median wage.


Wages for Financial Managers *

Area Low Median High
U S
$49.32 $65.21 $94.99
Minnesota
$49.22 $63.05 $80.88
Central Minnesota
$41.48 $56.99 $69.92
Northeast Minnesota
$38.06 $49.27 $62.11
Northwest Minnesota
$38.58 $49.27 $63.70
Southeast Minnesota
$46.70 $59.69 $79.38
Southwest Minnesota
$38.89 $50.54 $64.43
Seven County Mpls-St Paul, MN
$50.61 $64.24 $83.09

* "Low" indicates 25% of workers earn less and 75% earn more.
"Median" indicates 50% of workers earn less and 50% earn more.
"High" indicates 75% of workers earn less and 25% earn more.

See more wage detail.

 

Employment

In Minnesota, there are 14,300 workers employed in this large career.

Where do Financial Managers most often work?

 

Current Demand

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This career is currently in very high demand.

 

Future Demand   This career is projected to grow much faster than average.

This career is seeing very high growth compared to other careers.

There will be a need for about 14,674 new Financial Managers to meet market demand between 2020-2030. This includes the demand due to replacement (workers leaving the occupation or retiring) as well as growth.

 

Employment Outlook for Financial Managers
Area Employment Employment Change
2020 2030 Number Percent
U S 681,700 799,900 118,200 17.3%
Minnesota 16,009 18,487 2,478 15.5%
Central Minnesota 991 1,149 158 15.9%
Northeast Minnesota 434 504 70 16.1%
Northwest Minnesota 742 879 137 18.5%
Southeast Minnesota 788 910 122 15.5%
Southwest Minnesota 580 680 100 17.2%
Seven County Mpls-St Paul, MN 12,546 14,428 1,882 15%


Source: You can learn about our data sources in the About Us section.




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