Financial Manager Salary in Massachusetts

Financial Managers in Massachusetts earn an average of $197,236 per year across 1 metro area. This is +18.8% higher than the national average.

Average Salary

$197,236

per year

Hourly Rate

$94.83

per hour

vs National

+18.8%

$166,050 national

Salary Range

$126,775

to $281,967

Cost of Living Adjusted Salary

Nominal Salary

$197,236

Cost of Living Index

135

100 = national average

Adjusted Salary

$146,101

purchasing power equivalent

After adjusting for Massachusetts's cost of living (above average), a Financial Manager's salary of $197,236 has the purchasing power of $146,101 in an average-cost area.

Financial Manager Salary by City in Massachusetts

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Boston, MA$197,236$94.83/hr$126,775$281,967710

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Massachusetts vs National Average

Financial Manager Salary Comparison

Massachusetts Average$197,236
National Average$166,050
Difference+$31,186 (+18.8%)

Employment in Massachusetts

There are approximately 710 Financial Managers employed across 1 metro area in Massachusetts.

Key Industries: Technology, Biotechnology, Healthcare

State Income Tax: 5% - 9%

Financial Manager Salary Range in Massachusetts

Entry Level (10th Percentile)

$126,775

Starting salary for new Financial Managers

Median (50th Percentile)

$197,236

Mid-career Financial Manager salary

Senior (90th Percentile)

$281,967

Top earners in the field

Financial Manager Salary in Neighboring States

Compare Financial Manager salaries in Massachusetts with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Financial Manager salary in Massachusetts?

The average Financial Manager salary in Massachusetts is $197,236 per year ($94.83/hour) based on 2026 data across 1 metro areas. This is 18.8% above the national average of $166,050.

What is the highest paying city for Financial Managers in Massachusetts?

Boston, MA is the highest paying city for Financial Managers in Massachusetts, with a median salary of $197,236 per year.

What is the salary range for Financial Managers in Massachusetts?

Financial Manager salaries in Massachusetts range from $126,775 (entry-level, 10th percentile) to $281,967 (experienced, 90th percentile). The median salary is $197,236 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Massachusetts. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.