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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: $62.22
Statewide median: $23.00

 

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
$46.56 $65.24 $90.45
Minnesota
$48.07 $62.22 $81.99
Central Minnesota
$39.52 $54.32 $73.42
Northeast Minnesota
$33.36 $45.12 $58.67
Northwest Minnesota
$35.27 $47.22 $61.06
Southeast Minnesota
$39.56 $49.83 $63.81
Southwest Minnesota
$41.05 $50.53 $62.48
Seven County Mpls-St Paul, MN
$51.75 $65.53 $86.17

* "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 15,080 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 16,355 new Financial Managers to meet market demand between 2018-2028. 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
2018 2028 Number Percent
U S 653,600 758,300 104,700 16%
Minnesota 16,423 19,089 2,666 16.2%
Central Minnesota 993 1,196 203 20.4%
Northeast Minnesota 540 596 56 10.4%
Northwest Minnesota 861 990 129 15%
Southeast Minnesota 820 931 111 13.5%
Southwest Minnesota 635 712 77 12.1%
Seven County Mpls-St Paul, MN 12,583 14,635 2,052 16.3%


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