Financial Managers in California
Is California a good place for you to work as a Financial Manager?
You’re in luck! Jobs for Financial Managers in California are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in California is growing faster than average.
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Financial Managers in California earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in California?
There were approximately 81,350 workers employed as Financial Managers in this state in 2018.
There were 72,100 Financial Managers employed in this state in 2017.
That’s growth of 9,250 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means California has more Financial Managers than average.
Job Projections for California
Jobs for Financial Managers in this state are growing at a rate of 21.7% which is faster than the nationwide estimated projection of 18.7%.
California Annual Job Openings
The BLS is projecting 7,530 annual Financial Managers job openings in California, and 89,800 total jobs in the year 2026.
Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.
What do Financial Managers Make in California?
In 2018 wages for Financial Managers ranged from $73,560 to $208,000 with $139,240 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $35.37 to $100. The median hourly rate was $66.94.
In 2017 the median pay for this field was $65.13 an hour.
The hourly rate grew by $1.81.
The median salary in California is higher than the nationwide median salary.
Top California Metros for Financial Managers
The table below shows some of the metros in this state with the most Financial Managers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 32,160 | $138,130 |
| San Francisco-Oakland-Hayward, CA | 16,320 | $165,880 |
| San Jose-Sunnyvale-Santa Clara, CA | 7,120 | $165,150 |
| San Diego-Carlsbad, CA | 6,690 | $125,530 |
| Sacramento–Roseville–Arden-Arcade, CA | 4,100 | $117,870 |
| Riverside-San Bernardino-Ontario, CA | 3,820 | $112,250 |
| Oxnard-Thousand Oaks-Ventura, CA | 1,300 | $116,090 |
| Fresno, CA | 1,000 | $102,760 |
| Santa Rosa, CA | 960 | $121,840 |
| Bakersfield, CA | 810 | $113,870 |
| Santa Maria-Santa Barbara, CA | 790 | $123,010 |
| Stockton-Lodi, CA | 670 | $108,170 |
| Salinas, CA | 500 | $123,470 |
| Modesto, CA | 470 | $95,910 |
| Vallejo-Fairfield, CA | 450 | $122,520 |
| Visalia-Porterville, CA | 380 | $97,990 |
| Napa, CA | 370 | $129,170 |
| Santa Cruz-Watsonville, CA | 350 | $120,840 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 300 | $98,220 |
| Chico, CA | 260 | $88,810 |
| Merced, CA | 220 | $121,250 |
| Redding, CA | 190 | $82,870 |
| Yuba City, CA | 110 | $112,380 |
| Madera, CA | 100 | $108,100 |
| El Centro, CA | 90 | $89,640 |
| Hanford-Corcoran, CA | 70 | $93,670 |
Top States for Financial Managers Employment
The table below shows the states where most Financial Managers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 81,350 | $139,240 |
| New York | 42,460 | $194,820 |
| Illinois | 40,040 | $126,020 |
| Texas | 39,580 | $129,320 |
| Massachusetts | 33,880 | $130,180 |
| Florida | 29,050 | $114,190 |
| New Jersey | 21,340 | $157,490 |
| Ohio | 19,980 | $118,100 |
| Georgia | 17,840 | $127,830 |
| Pennsylvania | 17,730 | $138,980 |
| Tennessee | 15,870 | $95,970 |
| Connecticut | 15,750 | $144,500 |
| North Carolina | 15,730 | $131,610 |
| Minnesota | 15,610 | $121,210 |
| Virginia | 15,180 | $147,710 |
| Michigan | 14,760 | $116,300 |
| Washington | 13,010 | $123,430 |
| Maryland | 12,550 | $137,820 |
| Arizona | 11,400 | $103,910 |
| Iowa | 8,630 | $100,280 |
Below are the states where Financial Managers get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $194,820 |
| New Jersey | $157,490 |
| Delaware | $152,180 |
| District of Columbia | $150,550 |
| Virginia | $147,710 |
| Colorado | $146,000 |
| Connecticut | $144,500 |
| California | $139,240 |
| Pennsylvania | $138,980 |
| Maryland | $137,820 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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