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Financial Managers Salary in Boston, MA

BLS Official DataUpdated 2025-05-31
Median Annual

$209,780

Mean: $221,800

~$163,628 est. take-home

Hourly Rate

$100.85

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 100/100

Monthly surplus

$11,539/mo

Savings rate

82%

Financial Managers salary in Boston, MA — median $209,780/year, range $164,560-$292,030

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$164,560

Median

$209,780

75th %

$292,030

Median is in the 35th percentile of the typical range

Financial Managers in other MA cities

Compare the same occupation across cities in MA.

About Financial Managers salaries in Boston, MA

The median annual wage for financial managers working in Boston, MA, sits at $209,780, per BLS survey data. It runs 54% above the national median of $135,850 for this occupation — pay here is notably stronger than the U.S. average. The middle 50% land between $164,560 and $292,030 — a 127,470 range that reflects differences in seniority, employer type, and specialization. The average (mean) of $221,800 comes in higher than the median, which usually means a share of high earners is pulling the average up. The catch: Boston is roughly in line with the national cost of living (cost index 100 against a 100 baseline), so that headline number buys less than it would elsewhere. On an hourly basis that is about $100.85, useful for comparing contract or part-time offers.

For context, the national median for financial managers across all U.S. metros in our data is $135,850.

Career Outlook

↑↑ 16% growthMuch faster than average (BLS 2024–2034)

16% growth. Companies are dealing with more complex regulation, global supply chain risk, and volatile markets — they need people who can actually manage the money, not just report on it. Tech and healthcare companies are paying the most.

Worth knowing: The CFO track often starts with a CPA or CFA plus an MBA. Financial managers who can speak data science (SQL, Python, BI tools) move up faster than those who can't.

Frequently Asked Questions

What is the average salary for a financial managers in Boston?

The median — where half earn more and half earn less — is $209,780. The average (mean) is $221,800, which is higher because top earners pull it up.

How much does a financial managers make per hour in Boston?

About $100.85/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for financial managers in Boston?

The middle 50% earn between $164,560 and $292,030. Below $164,560 is typically entry-level; above $292,030 usually means significant experience or specialized skills.

Salary Conversion Table

How does $209,780 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$209,780$163,628
Monthly$17,482$13,636
Biweekly$8,068$6,293
Weekly$4,034$3,147
Hourly (40h/wk)$100.85$78.67
Hourly (35h/wk)$115.26$89.91
Hourly (30h/wk)$134.47$104.89
Daily (8h)$807$629

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Financial Managers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for financial managers, based on BLS median salary data.

Related Occupations in Boston

Similar roles in the same field, ranked by national average salary.

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