Financial Managers pay range in Boston
New workers and the lowest-paid 10% earn about $126,450 a year or less, while the top 10% make $335,150 or more. The middle half of financial managers in Boston earn between $164,560 and $292,030.
- $126K10th
- $165K25th
- $210KMedian
- $292K75th
- $335K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $221,800 | $18,483 | $106.63 |
| Median | $209,780 | $17,482 | $100.86 |
| Entry level (25th percentile) | $164,560 | $13,713 | $79.12 |
| Experienced (75th percentile) | $292,030 | $24,336 | $140.40 |
*Hourly figures assume 2,080 paid hours a year.
Financial Managers salary after taxes in Boston
On the average salary of $221,800, a single filer in Boston takes home about $153,899 a year, or $12,825 a month and $5,919 every two weeks. Taxes take 31% of gross pay.
The Boston-Cambridge-Newton, MA-NH metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in NH | $164,669 | $13,722 |
| Working in MA | $153,899 | $12,825 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Massachusetts Paid Family and Medical Leave premiums are not included.
Is Boston a good place for financial managers? Pay vs. cost of living
Prices in the Boston area are 8% above the U.S. average (BEA price parity 108.3), so the average $221,800 buys what about $204,866 would buy in a typical U.S. metro. This job pays 3.1 times the median wage of all jobs in Boston ($66,620). A typical home costs $741,868, or 3.3 years of this average salary before tax.
Financial Managers salary in other Massachusetts cities
Boston ranks 1st of 6 Massachusetts metro areas for this job, the best-paid in the state.
- Boston$221,800
- Worcester$190,260
- Springfield$189,190
- Pittsfield$177,850
- Barnstable$165,530
- Amherst$165,290
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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Financial Managers salary in Boston: questions
How much do financial managers make an hour in Boston?
$106.64 an hour on average, and $100.85 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Boston?
The lowest-paid 10% earn about $126,450 a year and the 25th percentile is $164,560, a fair guide to starting pay.
What is the financial managers take-home pay in Boston?
About $153,899 a year ($12,825 a month) for a single filer on the average salary of $221,800. Massachusetts Paid Family and Medical Leave premiums are not included.
Do financial managers earn more in Boston than elsewhere?
The average here is 17% more than the U.S. metro average for this job ($189,775).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Boston-Cambridge-Newton, MA-NH (14460). Relative standard error of the mean wage: 1.1%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Massachusetts Paid Family and Medical Leave premiums are not included.
- Job concentration: location quotient 1.48, this job is 1.5 times as concentrated as in the U.S. overall.
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