Financial Managers (11-3031) in Bridgeport-Stamford Labor Market Area

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Financial Managers (11-3031) in Bridgeport-Stamford Labor Market Area

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Bridgeport-Stamford LMA (1Q 2023)
All Industry
Estimated employment		7,070
Mean wage		$94.07
Entry wage		$52.95
10th percentile wage		$48.18
50th percentile wage		$82.62
90th percentile wage		N/A

Top Employing Industries
Industry	Employment / Percent
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	2,220	31.5%
Management of Companies and Enterprises	1,000	14.2%
Professional, Scientific, and Technical Services	790	11.1%
Credit Intermediation and Related Activities	680	9.7%

Top Paying Industries
Industry	Employment / Median Wage
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	2,220	$104.48
Insurance Carriers and Related Activities	420	$87.19
Rental and Leasing Services	40	$84.86
Hospitals	30	$84.62

Financial Managers (11-3031)

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes Financial Risk Specialists (13-2054).


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$82.62		$67.68		$14.94
2022	$81.01	+2.0%	$66.36	+2.0%	$14.65
2021	$77.37	+4.7%	$63.38	+4.7%	$13.99
2020	$75.65	+2.3%	$61.97	+2.3%	$13.68
2019	$73.93	+2.3%	$60.57	+2.3%	$13.37
2018	$71.95	+2.8%	$58.94	+2.8%	$13.01
2017	$70.24	+2.4%	$57.53	+2.4%	$12.70
2016	$68.25	+2.9%	$55.91	+2.9%	$12.34
2015	$66.59	+2.5%	$54.55	+2.5%	$12.04
2014	$65.25	+2.1%	$53.45	+2.1%	$11.80
Year	This Occupation		Compared to All Occupations		Difference
Current	$82.62		$28.00		$54.62
2022	$81.01	+2.0%	$27.07	+3.4%	$53.94
2021	$77.37	+4.7%	$25.61	+5.7%	$51.75
2020	$75.65	+2.3%	$24.73	+3.5%	$50.92
2019	$73.93	+2.3%	$24.03	+2.9%	$49.90
2018	$71.95	+2.8%	$23.33	+3.0%	$48.62
2017	$70.24	+2.4%	$22.66	+2.9%	$47.57
2016	$68.25	+2.9%	$22.14	+2.4%	$46.11
2015	$66.59	+2.5%	$21.57	+2.6%	$45.01
2014	$65.25	+2.1%	$21.12	+2.2%	$44.13

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2023

Top Areas For This Occupation

Best Pay
Median Wage / Employment
Bridgeport-Stamford	$82.62	7,070
Hartford	$72.65	7,120
Danbury	$66.31	620
New Haven	$64.64	2,240
Norwich-New London	$63.77	620

Highest Employment
Median Wage / Employment
Hartford	$72.65	7,120
Bridgeport-Stamford	$82.62	7,070
New Haven	$64.64	2,240
Norwich-New London	$63.77	620
Danbury	$66.31	620


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