Financial Managers in the Norwich-New London-Willimantic Metro

BLS metro-level wage data places Financial Managers pay in Norwich-New London-Willimantic, CT at a median of $154,190 per year ($74.13/hr), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared with the national median of $166,570, the metro estimate is 7% below. OEWS reports the difference but does not identify its cause. Approximately 680 financial managers are employed across the Norwich-New London-Willimantic MSA in SOC 11-3031.

The Norwich-New London-Willimantic pay distribution spans from $87,900 at the 10th percentile to $269,230 at the 90th, a 3.1× observed spread. Differences in specialization, employer, sector, location, credentials, schedule, and experience may all contribute, but OEWS does not isolate their effects. The 25th percentile sits at $119,510 and the 75th at $206,860, so half of Norwich-New London-Willimantic-based financial managers earn within that middle band.

Metro figures use establishment work location, not worker residence. BLS draws metro boundaries from the OMB MSA definitions, so Norwich-New London-Willimantic, CT covers the central city plus outlying counties tied to the metro economically. OEWS includes straight-time pay, tips, commissions, incentive pay, and production bonuses. It excludes employer health and retirement benefits, overtime premiums, stock compensation, signing bonuses, and other nonproduction bonuses. The same occupation's national profile, statewide CT estimate, and peer-metro rows provide distinct geographic comparisons. A published median is a benchmark, not a prediction or ceiling for one worker.