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Financial Managers

Wages & Outlook

Typical Wages

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: $64.41
Statewide median: $24.45

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	$50.38	$66.61	$97.03
Minnesota	$50.28	$64.41	$82.62
Central Minnesota	$43.85	$60.60	$71.19
Northeast Minnesota	$39.19	$50.33	$64.04
Northwest Minnesota	$39.42	$50.33	$65.49
Southeast Minnesota	$47.59	$60.70	$79.69
Southwest Minnesota	$40.43	$52.10	$65.40
Seven County Mpls-St Paul, MN	$52.06	$66.33	$85.21

* "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

This career is currently in very high demand.

Future Demand

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
Area	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.