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Financial Manager

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AVG. SALARY

$111,950

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EDUCATION

Bachelor's degree or higher +

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JOB OUTLOOK

Stable

Money & Outlook

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West Virginia Earnings

Average Annual Wage

$111,950

Entry Annual Wage

$51,310

Experienced Annual Wage

$175,530

Average Hourly Wage

$53.82

Entry Hourly Wage

$24.67

Experienced Hourly Wage

$84.39

Median Hourly Wage

$46.66

West Virginia Regional Earnings

West Virginia Metropolitan Areas Wages

Region Average Entry Level Experienced
Charleston MSA $118,290 or $56.87/hr $55,520 or $26.69/hr $239,200 or $115.00/hr
Cumberland MD-WV MSA $108,340 or $52.09/hr $49,490 or $23.79/hr $167,080 or $80.33/hr
Hagerstown-Martinsburg MD-WV MSA $137,440 or $66.08/hr $61,970 or $29.79/hr $239,200 or $115.00/hr
Huntington-Ashland WV-KY-OH MSA $104,440 or $50.21/hr $48,810 or $23.46/hr $165,150 or $79.40/hr
Morgantown MSA $126,940 or $61.03/hr $63,930 or $30.74/hr $214,030 or $102.90/hr
Parkersburg-Vienna MSA $110,950 or $53.34/hr $50,160 or $24.11/hr $161,780 or $77.78/hr
Washington-Arlington-Alexandria DC-VA-MD-WV $182,520 or $87.75/hr $105,650 or $50.79/hr $239,200 or $115.00/hr
Weirton-Steubenville WV-OH MSA $104,690 or $50.33/hr $52,580 or $25.28/hr $187,600 or $90.19/hr
Wheeling WV-OH MSA $111,840 or $53.77/hr $61,720 or $29.67/hr $173,450 or $83.39/hr
Winchester VA-WV MSA $144,430 or $69.44/hr $71,700 or $34.47/hr $216,120 or $103.91/hr
Beckley MSA $123,470 or $59.36/hr $61,290 or $29.47/hr $229,990 or $110.57/hr

West Virginia Geographical Areas Wages

Region Average Entry Level Experienced
Southern West Virginia nonmetropolitan area $114,900 or $55.24/hr $59,400 or $28.56/hr $194,400 or $93.46/hr
Northern West Virginia nonmetropolitan area $94,050 or $45.22/hr $43,210 or $20.77/hr $154,980 or $74.51/hr

West Virginia's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 16%
Job Openings 175 estimated annual job openings
Employment 1,886 were employed in this occupation

West Virginia's Regional Employment and Outlook

Regions with increasing outlook (over 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 2 250 27% 7 20 27
Workforce Investment Area 6 401 22% 9 31 40

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 1 228 18% 1 18 19
Workforce Investment Area 3 305 18% 5 24 29
Workforce Investment Area 4 177 19% 3 14 17
Workforce Investment Area 5 234 18% 4 18 22
Workforce Investment Area 7 180 19% 4 14 18

National Earnings

Average Annual Wage

$166,050

Average Hourly Wage

$79.83

Average Annual Range

$79,050 to $239,200

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +17%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 7130 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment large occupation
  This was a large occupation in the United States, employing 730,800 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Much faster than average growth
  Services provided by financial managers, such as planning, directing, and coordinating investments, are likely to stay in demand as the economy grows. In addition, several specialties within financial management, particularly cash management and risk management, are expected to be in high demand over the next decade. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (29.7%)
  • Credit intermediation and related activities (NAICS522000) (16.4%)
  • Professional, scientific, and technical services (NAICS540000) (14.8%)
  • Management of companies and enterprises (NAICS550000) (10.1%)
  • Management of companies and enterprises (NAICS551000) (10.1%)
  • Insurance carriers and related activities (NAICS524000) (7.1%)
  • Accounting, tax preparation, bookkeeping, and payroll services (NAICS541200) (6.9%)