Average Financial Manager Salary in New York
Financial Managers in New York earn an average of $193,959 per year across 1 metro area. This is +16.8% higher than the national average.
Average Salary
$193,959
per year
Hourly Rate
$93.25
per hour
vs National
+16.8%
$166,050 national
Salary Range
$125,559
to $272,647
About Financial Manager Careers in New York
Financial managers are responsible for the financial health of organizations — they produce financial reports, direct investment activities, and develop strategies for the long-term financial goals of their organization. With a BLS median salary of $156,100, financial managers are among the highest-paid business professionals. The role spans a broad range of titles including controller, treasurer, finance director, credit manager, and cash manager. Employment is projected to grow 16% through 2032 — much faster than average — as businesses expand globally and face increasingly complex financial regulations and investment environments.
In New York, financial managers earn an average of $193,959 per year as of 2026, with salaries ranging from $125,559 for entry-level roles to $272,647 for the most experienced professionals — +16.8% above the national average. Pay is influenced most by industry — private equity, hedge funds, and investment banks pay 50–100%+ above the median, company size and revenue — managing finances for a $1b+ company commands premium pay, and the specific metro area within New York.
Cost of Living Adjusted Salary
Nominal Salary
$193,959
Cost of Living Index
123
100 = national average
Adjusted Salary
$157,690
purchasing power equivalent
After adjusting for New York's cost of living (above average), a Financial Manager's salary of $193,959 has the purchasing power of $157,690 in an average-cost area.
Financial Manager Salary by City in New York
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| New York, NY | $193,959 | $93.25/hr | $125,559 | $272,647 | 1,049 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
New York vs National Average
Financial Manager Salary Comparison
Employment in New York
There are approximately 1,049 Financial Managers employed across 1 metro area in New York.
Key Industries: Finance, Media & Entertainment, Technology
State Income Tax: 4% - 10.9%
Financial Manager Salary Range in New York
Entry Level (10th Percentile)
$125,559
Starting salary for new Financial Managers
Median (50th Percentile)
$193,959
Mid-career Financial Manager salary
Senior (90th Percentile)
$272,647
Top earners in the field
Related Occupations in New York
Financial Analyst
$116,379
avg in NY
-$77,580 vs Financial Manager
Management Analyst
$115,856
avg in NY
-$78,103 vs Financial Manager
Accountant
$93,064
avg in NY
-$100,895 vs Financial Manager
Market Research Analyst
$91,476
avg in NY
-$102,483 vs Financial Manager
Human Resources Specialist
$80,415
avg in NY
-$113,544 vs Financial Manager
Financial Manager Salary in Neighboring States
Compare Financial Manager salaries in New York with nearby states to find the best opportunities.
More New York Data
Frequently Asked Questions
What is the average Financial Manager salary in New York?
The average Financial Manager salary in New York is $193,959 per year ($93.25/hour) based on 2026 data across 1 metro areas. This is 16.8% above the national average of $166,050.
What is the highest paying city for Financial Managers in New York?
New York, NY is the highest paying city for Financial Managers in New York, with a median salary of $193,959 per year.
What is the salary range for Financial Managers in New York?
Financial Manager salaries in New York range from $125,559 (entry-level, 10th percentile) to $272,647 (experienced, 90th percentile). The median salary is $193,959 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 New York. 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.