Financial Managers Salary in Providence, RI-MA

In Providence, RI-MA, Financial Managers typically earn a median annual salary of $159,530, which translates to an hourly wage of approximately $76.70. This figure is slightly below the national median for this occupation, which stands at $161,700. When compared to the area's median household income of $85,646, it becomes evident that Financial Managers earn significantly more than the average household in their region. The salary data reflects a substantial financial advantage for individuals in this role relative to typical local incomes.

Entry-level Financial Managers generally start with salaries closer to the 10th percentile mark at around $95,640 annually, while those further along in their careers may see earnings near or above the 75th percentile, which is approximately $208,870. The disparity between entry-level and experienced workers can be attributed to several factors, including years of experience, educational background, specific financial sector expertise, and performance within an organization. As these professionals advance through their careers, they often gain additional responsibilities and strategic oversight capabilities that justify higher compensation levels.