Financial Managers
Income Percentile Results
Total Income of $55,000 ranks between the 22.7th and 31.3th percentiles for all education levels. These results were estimated off of 1,351,557 Financial Managers.
50th Percentile (Median) Income for any Education Level: $91,85775th Percentile: $145,042
95th Percentile: $395,614
99th Percentile: $757,410
See Similar Occupations
- All Occupations
- Administrative Services Managers
- Computer and Information Systems Managers
- Financial Managers
- Human Resources Managers
- Industrial Production Managers
- Purchasing Managers
- Transportation, Storage, and Distribution Managers
Income Percentile Stats
- To be in the top 1% for this age range, your household would need an income of $757,410 per year. This would include salary, investments, and any business income.
- To be in the top 5% for this age range, your household would need an income of $395,614 per year. This would include salary, investments, and any business income.
Income of Financial Managers by Highest Education Level
Total Income of $55,000 ranks for education levels:- Compared to Doctoral degree holders this ranks between the 8.6th and 12.6th percentiles.
- Compared to Professional degree beyond a Bachelor's degree holders this ranks between the 8.4th and 10.6th percentiles.
- Compared to Master's degree holders this ranks between the 7.3th and 11.1th percentiles.
- Compared to Bachelor's degree holders this ranks between the 14.9th and 22.5th percentiles.
- Compared to HS Diploma / GED degree holders this ranks between the 45.4th and 58.7th percentiles.
Income Percentile Distribution by Education Level
Highest Level of Education for Financial Managers:- Other (N/A or Less than HS): 1.1%
- HS Diploma / GED: 10.5%
- Associates Degree and Some College: 25.4%
- Bachelors Degree: 41.6%
- Masters Degree: 19.3%
- Professional Degree beyond a Bachelors: 1.5%
- Doctoral Degree (PHd) : 0.5%
Most Common Bachelors Degree Majors
- For Business undergraduate majors this income ranks between the 12th and 18.7th percentiles.
- For Social Sciences undergraduate majors this income ranks between the 12.9th and 19.7th percentiles.
- For Communications undergraduate majors this income ranks between the 20.5th and 31.5th percentiles.
- For Psychology undergraduate majors this income ranks between the 22.4th and 32.9th percentiles.
- For Education Administration and Teaching undergraduate majors this income ranks between the 19.4th and 32.6th percentiles.
- For Engineering undergraduate majors this income ranks between the 15th and 20.9th percentiles.
- For Fine Arts undergraduate majors this income ranks between the 29.5th and 37.5th percentiles.
- For Computer and Information Sciences undergraduate majors this income ranks between the 17.2th and 23.2th percentiles.
- For Medical and Health Sciences and Services undergraduate majors this income ranks between the 30.1th and 36.8th percentiles.
- For English Language, Literature, and Composition undergraduate majors this income ranks between the 19.4th and 32.3th percentiles.
Treemap of Undergraduate Majors
Methodology and Assumptions
This data was sourced from the person-level data recorded by the American Communities Survey. The version of the survey used was the most recent 5 year revision for data recorded from 2017-2022. These results represent 1,351,557 Financial Managers. The occupation code that was used to generate these results e was 0120 to read more about the occupation codes that the ACS and Census use. These results were generated in R using raw data from the ACS and precalculated in a batch. This data includes all individual income for the survey respondent, so some of the people may have a wage job as well as other income sources. I did not limit to wage income, because many occupations have high portions of entrepreneurs (CEOs, doctors, tradespeople).
Exclusions and Filters Applied:- Filtered for people who reported working at least 30 hours a week.
- High School Graduates and GED graduates were original 2 separate categories that I combined.
- Anything below High School Graduates is combined into a separate category. I did not include these on the page for space reason but I can. The data has data for associate degree holders and some college and these values are mostly in between the high school and bachelors samples. There doesn't seem to be a significant difference between some college and an associates degree.
- All ages are included and not separated. I did some initial testing and there is a difference if the data is split out by age, but I wasn't able to consolidate the data into a way that would make it fast to interact with and avoid being too complicated.
- There may be some confusion around a masters degree vs a professional degree beyond a masters. This was a distinction made in the original raw data that I decided to keep. Because the data is collected by polling people individually, some of the respondents may have mixed up the difference depending on how they phrased their response.
- Masters Degree : MBA, Masters in Something
- Professional Degree beyond a Bachelors Degree: Law Degree, Medical School, generally these degrees are credentials for specific careers.
- Doctoral Degree: PHd