Financial Manager salary in Massachusetts
Updated Updated for 2026 tax law
A financial manager in Massachusetts earns a median of $206,760 a year ($99.40/hour equivalent), 24.1% above the national median of $166,570. Massachusetts ranks #2 of 51 states. About 26,150 people do this job in Massachusetts.
Take-home pay in Massachusetts
At the Massachusetts median, a single filer keeps about $142,939 a year after federal, FICA and Massachusetts taxes — $5,498 every two weeks. Try your own numbers with the Massachusetts paycheck calculator.
- Gross pay
- $7,952.31
- Federal income tax
- −$1,475.25
- Social Security (6.2%)
- −$439.96
- Medicare (1.45%)
- −$117.65
- Massachusetts income tax
- −$389.15
- MA PFML
- −$32.64
- Take-home pay
- $5,497.66
Annual breakdown
- Gross
- $206,760
- Federal
- $38,356
- FICA
- $14,498
- State + local
- $10,967
- Net
- $142,939
- Marginal federal rate
- 24.0%
- Marginal state rate
- 5.0%
2026 federal brackets (Rev. Proc. 2025-32) and 2026 state rules. Estimates assume wages are your only income and use annual liability, so your actual withholding can differ slightly.
How Massachusetts compares
| Rank | State | Median salary |
|---|---|---|
| #1 | New York | $219,880 |
| #2 | Massachusetts | $206,760 |
| #3 | New Jersey | $199,110 |
| #4 | District of Columbia | $188,880 |
| #5 | Virginia | $185,220 |
| #49 | Arkansas | $116,570 |
| #50 | West Virginia | $113,140 |
| #51 | Mississippi | $111,390 |
See the national financial manager salary page for the full pay range and all states.
BLS occupation: Financial Managers (SOC 11-3031), May 2025, state estimates.
Frequently asked questions
How much does a financial manager make in Massachusetts?
The median salary is $206,760 a year and the average is $218,230 (BLS May 2025).
Is Massachusetts a good state for financial managers?
Massachusetts ranks #2 of 51 states for median pay in this job, 24% above the national median of $166,570.
What is $206,760 after taxes in Massachusetts?
About $142,939 a year ($5,498 every two weeks) for a single filer in 2026.
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Estimates for information only — not tax, legal or financial advice.