Financial Managers vs Medical and Health Services Managers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Managers professionals earn $43,740 more per year than Medical and Health Services Managers professionals — that's 37.1% higher.
Salary Range Comparison
Financial Managers$86,490 – N/A
Medical and Health Services Managers$69,680 – $219,080
$69,680$219,080
Detailed Salary Comparison
| Percentile | Financial Managers | Medical and Health Services Managers | Difference |
|---|---|---|---|
| 10th Percentile | $86,490 | $69,680 | +$16,810 |
| 25th Percentile | $118,360 | $88,560 | +$29,800 |
| Median (50th) | $161,700 | $117,960 | +$43,740 |
| 75th Percentile | $214,210 | $162,420 | +$51,790 |
| 90th Percentile | N/A | $219,080 | N/A |
| Mean (Average) | $180,470 | $137,730 | +$42,740 |
Employment Numbers
Financial Managers
818,620
employed nationwide
Medical and Health Services Managers
565,840
employed nationwide
Top Paying Cities
Best Cities for Financial Managers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $218,920 |
| New York-Newark-Jersey City, NY-NJ-PA | $216,520 |
| San Francisco-Oakland-Berkeley, CA | $211,730 |
| Boston-Cambridge-Nashua, MA-NH | $188,490 |
| Seattle-Tacoma-Bellevue, WA | $180,770 |
Best Cities for Medical and Health Services Managers
| City | Median |
|---|---|
| San Francisco-Oakland-Berkeley, CA | $168,750 |
| San Jose-Sunnyvale-Santa Clara, CA | $167,460 |
| San Diego-Chula Vista-Carlsbad, CA | $160,640 |
| New York-Newark-Jersey City, NY-NJ-PA | $157,910 |
| Seattle-Tacoma-Bellevue, WA | $153,910 |
Frequently Asked Questions
Who earns more: Financial Managers or Medical and Health Services Managers?
Financial Managers professionals earn more, with a median salary difference of $43,740 (37.1% higher) as of 2024 BLS data.
What is the salary range for Financial Managers?
Financial Managers salaries range from $86,490 (10th percentile) to N/A (90th percentile), with a median of $161,700.
What is the salary range for Medical and Health Services Managers?
Medical and Health Services Managers salaries range from $69,680 (10th percentile) to $219,080 (90th percentile), with a median of $117,960.
How many Financial Managers and Medical and Health Services Managers jobs are there?
There are approximately 818,620 Financial Managers positions and 565,840 Medical and Health Services Managers positions nationwide according to 2024 BLS data.
Is it worth switching from Medical and Health Services Managers to Financial Managers?
Career decisions depend on many factors beyond salary. Financial Managers has a median salary of $161,700 while Medical and Health Services Managers earns $117,960. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS