Salary data

MBA Salary by State

How MBA-level professional pay varies geographically. Cost of living and industry mix drive most of the difference between states.

Direct answer

Geography matters for MBA pay mostly through industry concentration and cost of living. States with large finance, consulting, and tech hubs report higher nominal pay, but higher living costs offset part of the gap. Real values here will be modeled from Census ACS data, carefully labeled as estimates.

States with published wage data

Source-backed BLS OEWS wage benchmarks for MBA-relevant roles. Open a state for its full role-by-role breakdown.

Alabama

$60k–$166k median span21 roles · occupational wage benchmarks

Alaska

$67k–$167k median span20 roles · occupational wage benchmarks

Arizona

$72k–$166k median span19 roles · occupational wage benchmarks

Arkansas

$59k–$137k median span21 roles · occupational wage benchmarks

California

$93k–$219k median span21 roles · occupational wage benchmarks

Colorado

$89k–$213k median span21 roles · occupational wage benchmarks

Connecticut

$78k–$295k median span21 roles · occupational wage benchmarks

Delaware

$82k–$200k median span17 roles · occupational wage benchmarks

District of Columbia

$96k–$195k median span20 roles · occupational wage benchmarks

Florida

$75k–$168k median span19 roles · occupational wage benchmarks

Georgia

$76k–$208k median span21 roles · occupational wage benchmarks

Hawaii

$59k–$282k median span20 roles · occupational wage benchmarks

Idaho

$61k–$177k median span21 roles · occupational wage benchmarks

Illinois

$79k–$332k median span21 roles · occupational wage benchmarks

Indiana

$64k–$254k median span21 roles · occupational wage benchmarks

Iowa

$66k–$211k median span21 roles · occupational wage benchmarks

Kansas

$70k–$165k median span21 roles · occupational wage benchmarks

Kentucky

$61k–$180k median span21 roles · occupational wage benchmarks

Louisiana

$60k–$133k median span19 roles · occupational wage benchmarks

Maine

$72k–$160k median span20 roles · occupational wage benchmarks

Maryland

$76k–$249k median span21 roles · occupational wage benchmarks

Massachusetts

$92k–$215k median span20 roles · occupational wage benchmarks

Michigan

$67k–$256k median span21 roles · occupational wage benchmarks

Minnesota

$82k–$196k median span21 roles · occupational wage benchmarks

Mississippi

$57k–$139k median span21 roles · occupational wage benchmarks

Missouri

$62k–$172k median span21 roles · occupational wage benchmarks

Montana

$68k–$182k median span21 roles · occupational wage benchmarks

Nebraska

$60k–$215k median span21 roles · occupational wage benchmarks

Nevada

$72k–$165k median span20 roles · occupational wage benchmarks

New Hampshire

$65k–$177k median span20 roles · occupational wage benchmarks

New Jersey

$88k–$310k median span20 roles · occupational wage benchmarks

New Mexico

$62k–$138k median span20 roles · occupational wage benchmarks

New York

$88k–$258k median span21 roles · occupational wage benchmarks

North Carolina

$78k–$314k median span21 roles · occupational wage benchmarks

North Dakota

$62k–$165k median span20 roles · occupational wage benchmarks

Ohio

$73k–$176k median span21 roles · occupational wage benchmarks

Oklahoma

$62k–$164k median span20 roles · occupational wage benchmarks

Oregon

$79k–$342k median span21 roles · occupational wage benchmarks

Pennsylvania

$69k–$233k median span21 roles · occupational wage benchmarks

Rhode Island

$76k–$235k median span20 roles · occupational wage benchmarks

South Carolina

$69k–$169k median span21 roles · occupational wage benchmarks

South Dakota

$63k–$281k median span19 roles · occupational wage benchmarks

Tennessee

$70k–$199k median span21 roles · occupational wage benchmarks

Texas

$73k–$258k median span21 roles · occupational wage benchmarks

Utah

$63k–$172k median span20 roles · occupational wage benchmarks

Vermont

$75k–$175k median span19 roles · occupational wage benchmarks

Virginia

$77k–$311k median span21 roles · occupational wage benchmarks

Washington

$95k–$340k median span21 roles · occupational wage benchmarks

West Virginia

$52k–$152k median span20 roles · occupational wage benchmarks

Wisconsin

$65k–$208k median span20 roles · occupational wage benchmarks

Wyoming

$61k–$187k median span18 roles · occupational wage benchmarks

State wage benchmarks for MBA-relevant roles

Median, mean, and employment by state for key occupations MBAs target — from BLS OEWS, across 51 states. Occupational wage context, not MBA-specific outcomes.

Financial Managers

State	Median annual	Mean annual	Employment
Alaska	$127,030	$139,740	2,020
Alabama	$140,500	$160,120	7,200
Arkansas	$116,570	$136,680	7,120
Arizona	$139,830	$158,550	14,900
California	$180,770	$210,490	93,310
Colorado	$182,690	$209,360	10,640
Connecticut	$174,830	$201,260	20,040
District of Columbia	$188,880	$210,420	8,930
Delaware	$181,580	$203,890	2,810
Florida	$153,280	$169,990	48,910
Georgia	$166,790	$182,920	21,390
Hawaii	$134,210	$146,850	3,790
Iowa	$133,320	$149,730	9,130
Idaho	$127,210	$142,420	3,120
Illinois	$165,880	$183,920	52,720
Indiana	$135,840	$153,260	12,560
Kansas	$159,380	$171,510	5,190
Kentucky	$130,650	$145,780	6,630
Louisiana	$126,800	$142,670	7,070
Massachusetts	$206,760	$218,230	26,150
Maryland	$158,750	$170,350	19,770
Maine	$133,610	$151,450	3,120
Michigan	$139,370	$158,110	22,490
Minnesota	$163,410	$176,560	16,680
Missouri	$143,460	$163,820	13,330
Mississippi	$111,390	$128,380	3,470
Montana	$131,060	$150,850	1,510
North Carolina	$166,780	$196,240	22,460
North Dakota	$135,890	$153,130	2,140
Nebraska	$140,360	$155,410	5,630
New Hampshire	$144,730	$160,920	4,330
New Jersey	$199,110	$216,740	32,510
New Mexico	$133,700	$147,820	2,530
Nevada	$132,490	$154,570	8,090
New York	$219,880	$246,560	80,810
Ohio	$140,870	$162,780	27,360
Oklahoma	$132,460	$151,850	6,670
Oregon	$156,460	$173,790	7,610
Pennsylvania	$145,610	$164,650	32,180
Rhode Island	$166,940	$181,400	2,570
South Carolina	$136,160	$160,800	9,020
South Dakota	$159,700	$172,430	1,000
Tennessee	$141,010	$164,480	17,630
Texas	$164,860	$180,170	71,870
Utah	$150,450	$168,050	8,860
Virginia	$185,220	$199,320	20,850
Vermont	$128,690	$146,120	1,790
Washington	$174,840	$195,430	12,930
Wisconsin	$139,720	$155,800	15,530
West Virginia	$113,140	$127,910	2,610
Wyoming	$124,910	$134,710	730

Broad benchmarkBLS OEWS · May 2024 estimates (published April 2025) · Selected states

These are occupational wage benchmarks for roles MBA graduates commonly target — wage context across all workers, not verified MBA-specific outcomes.

Source: BLS Occupational Employment and Wage Statistics ↗

General and Operations Managers

State	Median annual	Mean annual	Employment
Alaska	$116,630	$134,410	6,020
Alabama	$111,790	$137,760	30,170
Arkansas	$74,050	$94,780	34,570
Arizona	$94,800	$125,200	110,480
California	$124,390	$152,250	300,840
Colorado	$131,840	$161,970	41,870
Connecticut	$137,220	$167,400	39,070
District of Columbia	$168,000	$179,130	36,150
Delaware	$137,220	$163,820	5,000
Florida	$101,580	$126,940	236,290
Georgia	$103,730	$132,660	111,060
Hawaii	$108,180	$128,130	13,380
Iowa	$87,690	$106,800	30,760
Idaho	$80,390	$97,980	24,880
Illinois	$103,570	$135,540	171,300
Indiana	$108,170	$135,100	47,180
Kansas	$92,840	$114,720	24,660
Kentucky	$79,370	$99,990	52,100
Louisiana	$101,790	$127,120	43,220
Massachusetts	$127,220	$155,020	95,880
Maryland	$117,930	$136,570	96,740
Maine	$98,860	$112,650	14,770
Michigan	$99,530	$123,610	85,860
Minnesota	$99,340	$117,330	72,860
Missouri	$79,300	$102,610	109,020
Mississippi	$106,680	$129,910	10,630
Montana	$91,380	$107,490	11,840
North Carolina	$101,950	$128,520	63,740
North Dakota	$98,170	$115,830	11,150
Nebraska	$85,090	$106,770	24,030
New Hampshire	$124,680	$146,910	22,110
New Jersey	$173,690	$205,250	53,000
New Mexico	$98,630	$118,750	16,330
Nevada	$99,390	$133,390	38,920
New York	$130,860	$167,820	206,740
Ohio	$97,700	$120,420	153,160
Oklahoma	$90,430	$111,630	43,890
Oregon	$103,490	$131,710	36,190
Pennsylvania	$103,130	$126,200	172,010
Rhode Island	$117,380	$143,370	9,150
South Carolina	$106,080	$127,450	32,230
South Dakota	$137,400	$153,020	4,280
Tennessee	$106,970	$132,520	63,720
Texas	$103,230	$133,280	431,310
Utah	$97,850	$118,950	42,580
Virginia	$122,080	$141,370	103,590
Vermont	$98,640	$121,610	8,000
Washington	$133,750	$158,920	50,630
Wisconsin	$118,730	$140,350	36,910
West Virginia	$82,500	$101,610	15,300
Wyoming	$99,700	$117,580	7,470

Broad benchmarkBLS OEWS · May 2024 estimates (published April 2025) · Selected states

These are occupational wage benchmarks for roles MBA graduates commonly target — wage context across all workers, not verified MBA-specific outcomes.

Source: BLS Occupational Employment and Wage Statistics ↗

Management Analysts

State	Median annual	Mean annual	Employment
Alaska	$100,190	$99,860	460
Alabama	$108,040	$116,540	4,900
Arkansas	$72,950	$83,220	6,250
Arizona	$93,310	$112,460	17,190
California	$101,460	$115,720	137,280
Colorado	$104,750	$118,010	14,360
Connecticut	$104,960	$116,100	8,000
District of Columbia	$126,140	$130,350	19,000
Delaware	$99,480	$106,170	4,120
Florida	$88,610	$99,830	71,060
Georgia	$99,600	$110,340	38,390
Hawaii	$101,750	$107,960	2,920
Iowa	$85,530	$91,780	4,150
Idaho	$88,710	$93,140	3,700
Illinois	$104,270	$114,410	45,820
Indiana	$95,560	$102,990	11,770
Kansas	$81,210	$89,080	5,280
Kentucky	$95,630	$97,790	4,550
Louisiana	$95,540	$103,780	4,760
Massachusetts	$134,720	$147,080	30,060
Maryland	$121,680	$119,870	19,170
Maine	$75,530	$88,290	2,910
Michigan	$93,640	$100,800	13,010
Minnesota	$100,790	$107,090	20,700
Missouri	$97,270	$103,390	10,030
Mississippi	$69,390	$80,190	3,160
Montana	$97,470	$93,910	1,590
North Carolina	$98,560	$105,600	22,200
North Dakota	$90,220	$90,240	—
Nebraska	$75,360	$85,140	2,740
New Hampshire	$104,270	$112,030	2,670
New Jersey	$105,820	$115,990	22,080
New Mexico	$93,180	$97,450	3,910
Nevada	$81,600	$91,530	4,550
New York	$112,250	$129,700	69,150
Ohio	$94,270	$100,250	25,120
Oklahoma	$99,420	$103,540	5,760
Oregon	$101,840	$106,760	10,840
Pennsylvania	$93,830	$100,450	34,420
Rhode Island	$99,640	$113,990	4,100
South Carolina	$100,660	$112,690	12,340
South Dakota	$83,620	$92,440	2,980
Tennessee	$99,260	$108,100	13,700
Texas	$101,400	$110,350	50,990
Utah	$83,530	$86,900	5,670
Virginia	$117,580	$137,480	59,620
Vermont	$107,520	$113,530	730
Washington	$109,170	$121,510	24,760
Wisconsin	$98,780	$105,230	11,670
West Virginia	$97,470	$99,440	1,740
Wyoming	$98,540	$115,470	390

Broad benchmarkBLS OEWS · May 2024 estimates (published April 2025) · Selected states

These are occupational wage benchmarks for roles MBA graduates commonly target — wage context across all workers, not verified MBA-specific outcomes.

Source: BLS Occupational Employment and Wage Statistics ↗

Data-status legend

Estimate— modeled from Census ACS, labeled

Demo— illustrative only, never indexed

No data yet— awaiting modeled estimates

State figures will be modeled from Census ACS/PUMS and labeled Estimate — never presented as verified school outcomes.

Demo data

The figures on this page are illustrative demo data for layout review — they are not verified MBA outcomes and are not indexed as fact. Real values will come from cited public datasets and verified reports. See methodology.

Browse states

Search, sort, and filter by region. Estimates will be modeled from Census ACS.

8 of 8 states

	Region	Salary data	Explore
CaliforniaCA	West	Being collected	—
FloridaFL	South	Being collected	—
GeorgiaGA	South	Being collected	—
IllinoisIL	Midwest	Being collected	—
MassachusettsMA	Northeast	Being collected	—
New YorkNY	Northeast	Being collected	—
TexasTX	South	Being collected	—
WashingtonWA	West	Being collected	—

California

West