Salt Lake City · Occupational wage benchmark
Financial Managers Salary in Salt Lake City
What Financial Managers actually earn in the Salt Lake City metro area — the published BLS median, what it is worth after local costs, and how it ranks against other major metros.
Sources: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Salt Lake City, UT metro estimates for SOC 11-3031; cost-of-living adjustment from U.S. Bureau of Economic Analysis — Regional Price Parities by Metropolitan Statistical Area (MARPP) (2024). Occupational wage benchmarks across all workers, not MBA-specific outcomes.
- Median annual wage
- $158,720
- Financial Managers in Salt Lake City
- Adjusted for cost of living
- $157,354
- Salt Lake City price level 100.9 (U.S. = 100)
- Rank among metros
- #31 of 49
- #29 after cost of living
- Workers employed
- 5,450
- in metro Salt Lake City
What Financial Managers earn in Salt Lake City, adjusted for what it costs to live there
A headline wage only means something next to local prices. Once local prices are accounted for, Salt Lake City moves up 2 places — the paycheck stretches further than the nominal figure suggests.
| Metro | Median (nominal) | Adjusted for cost of living |
|---|---|---|
| San Jose | $225,280 | $204,015 |
| New York | $221,010 | $196,343 |
| San Francisco | $216,150 | $186,960 |
| Boston | $209,780 | $193,764 |
| Denver | $193,400 | $182,829 |
| Seattle | $185,550 | $166,962 |
| Washington DC | $185,270 | $170,154 |
| Los Angeles | $175,310 | $154,368 |
| San Diego | $174,210 | $155,702 |
| Richmond | $173,140 | $176,930 |
| Charlotte | $172,760 | $177,466 |
| Atlanta | $171,240 | $171,141 |
| Hartford | $170,310 | $165,758 |
| Dallas-Fort Worth | $169,200 | $164,128 |
| Chicago | $168,810 | $162,952 |
| Providence | $167,570 | $164,651 |
| Austin | $167,180 | $170,477 |
| Philadelphia | $166,920 | $162,763 |
| Houston | $166,910 | $169,230 |
| Minneapolis | $165,620 | $158,001 |
Nominal medians: BLS OEWS, May 2024 estimates (published April 2025) — occupational wage benchmarks across all workers, not MBA-specific outcomes. Adjusted column: SalaryMBA estimate, computed as nominal ÷ (metro RPP ÷ 100) using BEA MARPP 2024 regional price parities.
The national pay range for Financial Managers
BLS publishes the full percentile distribution nationally. The spread within the occupation is usually far wider than the gap between metros.
| Percentile (national) | Annual wage | Reading |
|---|---|---|
| 10th percentile | $94,310 | Entry / early-career end |
| 25th percentile | $125,490 | |
| Median (50th) | $166,570 | |
| 75th percentile | $219,980 | |
| 90th percentile | $323,270 | Senior / top-market end |
Other MBA-relevant roles in Salt Lake City
How to read the Salt Lake City number
The $158,720 median means half of Financial Managers in the Salt Lake City area earn less and half earn more. It is measured across everyone in the occupation — every experience level, industry, and level of education. It is not the salary of a recent MBA graduate, and it is not a starting salary.
BLS counts roughly 5,450 people in this role in the Salt Lake City area. To compare against the state and national picture, see Financial Managers nationally or model your own economics with the MBA ROI calculator.
Frequently asked questions
How much do Financial Managers make in Salt Lake City?
Financial Managers in the Salt Lake City metro area earn a median of $158,720 per year, according to BLS OEWS May 2024 estimates (published April 2025). That is -4.7% vs national, ranking Salt Lake City #31 of 49 major metros we track for this role. This is an occupational wage benchmark across all workers in the metro, not an MBA-graduate-specific salary.
Is $158,720 a good salary in Salt Lake City?
It depends on local prices. The Salt Lake City area price level is 100.9 against a U.S. average of 100, so $158,720 there carries roughly the purchasing power of $157,354 nationally — about $1,366 less than the headline number implies. Once local prices are accounted for, Salt Lake City moves up 2 places — the paycheck stretches further than the nominal figure suggests.
Do Financial Managers in Salt Lake City need an MBA?
These BLS figures cover everyone in the occupation regardless of degree, so they cannot isolate what an MBA adds. Financial Managers is a role MBA graduates commonly target, and an MBA can affect where you land within the range through network, function, and seniority — but any precise MBA premium for this role in Salt Lake City would not be supported by this data.
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