Financial Managers Salary in Utah
Official Bureau of Labor Statistics Data - May 2024 - UT
Median Annual Salary in Utah
$151,417
$72.80 / hour
▼ 3.0% below national avg
National Median
$156,100
$75.05 / hour nationally
COL-Adjusted Purchasing Power
$140,461
Missouri equivalent (COL: 107.8)
Financial Managers Salary in Utah
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $80,251 |
| 25th Percentile | $109,020 |
| 50th (Median) | $151,417 |
| 75th Percentile | $208,955 |
| 90th (Top Earners) | $260,437 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Utah median salary of $151,417 for Financial Managers has the purchasing power of approximately $140,461 in Missouri (the COL baseline state with index 100).
Utah's higher cost of living (COL index: 107.8) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Financial Managers make in Utah?
Financial Managers in Utah earn a median annual salary of $151,417 per year ($72.80/hr) according to BLS OEWS data (May 2024). This is below the national median of $156,100.
Is Utah a good state for Financial Managers?
Utah pays slightly below the national average for financial managers. Cost of living in Utah is higher average (COL index: 107.8).
What is the cost-of-living adjusted salary for Financial Managers in Utah?
After adjusting for cost of living (COL index: 107.8 vs. Missouri baseline of 100), the $151,417 salary in Utah has the purchasing power of approximately $140,461 in Missouri. Higher living costs in Utah reduce real purchasing power.
How does Utah compare to neighboring states for Financial Managers salaries?
For detailed comparison across all states, see the full Financial Managers salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Utah
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $322,234 |
| 2 | Radiologists | $300,622 |
| 3 | Orthopedic Surgeons, Except Pediatric | $297,033 |
| 4 | Neurologists | $286,732 |
| 5 | Ophthalmologists, Except Pediatric | $263,724 |
| 6 | Psychiatrists | $242,304 |
| 7 | Physicians, Pathologists | $236,602 |
| 8 | General Internal Medicine Physicians | $236,040 |
| Source: BLS OEWS May 2024 | ||
About Financial Managers in Utah
Financial Managers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the management sector of the U.S. economy.
Education Required: Bachelor's degree