Portfolio Manager Salary Overview
The Portfolio Manager is a sought-after profession in the United States with a median annual salary of $158,200. Compensation typically ranges from $82,400 for entry-level positions to $302,000 for experienced professionals in high-demand markets.Salary Range: The typical Portfolio Manager in the US earns between $82,400 and $302,000 per year, with a median of $158,200.
Portfolio Manager Salary by Experience
Entry-level portfolio managers earn around $102,830, while those with 10+ years of experience can earn $213,570 or more.
| Level | Salary | Hourly | Take-Home |
|---|---|---|---|
| Entry | $94,920 | $46/hr | $70,197 |
| Mid | $158,200 | $76/hr | $108,032 |
| Senior | $219,898 | $106/hr | $146,394 |
| Lead | $227,808 | $110/hr | $150,851 |
Portfolio Manager Salary by State (After Tax)
Gross salary, federal tax, state tax, and estimated take-home pay for a Portfolio Manager in each US state.
Pay for portfolio managers varies significantly by state, with coastal and high-cost-of-living areas generally offering higher salaries to offset expenses.
| State | Gross | Federal | State Tax | FICA | Take-Home | Rate |
|---|---|---|---|---|---|---|
| Alabama | $158,200 | $27,215 | $7,745 | $12,102 | $111,138 | 29.7% |
| Alaska | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| Arizona | $158,200 | $27,215 | $3,590 | $12,102 | $115,293 | 27.1% |
| Arkansas | $158,200 | $27,215 | $6,735 | $12,102 | $112,148 | 29.1% |
| California | $158,200 | $27,215 | $10,850 | $12,102 | $108,032 | 31.7% |
| Colorado | $158,200 | $27,215 | $6,301 | $12,102 | $112,582 | 28.8% |
| Connecticut | $158,200 | $27,215 | $8,242 | $12,102 | $110,641 | 30.1% |
| Delaware | $158,200 | $27,215 | $9,210 | $12,102 | $109,672 | 30.7% |
| District of Columbia | $158,200 | $27,215 | $10,606 | $12,102 | $108,277 | 31.6% |
| Florida | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| Georgia | $158,200 | $27,215 | $8,026 | $12,102 | $110,856 | 29.9% |
| Hawaii | $158,200 | $27,215 | $12,169 | $12,102 | $106,714 | 32.5% |
| Idaho | $158,200 | $27,215 | $8,329 | $12,102 | $110,554 | 30.1% |
| Illinois | $158,200 | $27,215 | $7,694 | $12,102 | $111,189 | 29.7% |
| Indiana | $158,200 | $27,215 | $4,825 | $12,102 | $114,058 | 27.9% |
| Iowa | $158,200 | $27,215 | $6,012 | $12,102 | $112,871 | 28.7% |
| Kansas | $158,200 | $27,215 | $8,360 | $12,102 | $110,522 | 30.1% |
| Kentucky | $158,200 | $27,215 | $6,202 | $12,102 | $112,681 | 28.8% |
| Louisiana | $158,200 | $27,215 | $6,142 | $12,102 | $112,740 | 28.7% |
| Maine | $158,200 | $27,215 | $9,774 | $12,102 | $109,109 | 31.0% |
| Maryland | $158,200 | $27,215 | $7,571 | $12,102 | $111,312 | 29.6% |
| Massachusetts | $158,200 | $27,215 | $7,690 | $12,102 | $111,193 | 29.7% |
| Michigan | $158,200 | $27,215 | $6,486 | $12,102 | $112,397 | 29.0% |
| Minnesota | $158,200 | $27,215 | $9,722 | $12,102 | $109,161 | 31.0% |
| Mississippi | $158,200 | $27,215 | $6,857 | $12,102 | $112,025 | 29.2% |
| Missouri | $158,200 | $27,215 | $6,723 | $12,102 | $112,160 | 29.1% |
| Montana | $158,200 | $27,215 | $8,226 | $12,102 | $110,656 | 30.1% |
| Nebraska | $158,200 | $27,215 | $7,718 | $12,102 | $111,164 | 29.7% |
| Nevada | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| New Hampshire | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| New Jersey | $158,200 | $27,215 | $7,951 | $12,102 | $110,932 | 29.9% |
| New Mexico | $158,200 | $27,215 | $6,757 | $12,102 | $112,126 | 29.1% |
| New York | $158,200 | $27,215 | $8,851 | $12,102 | $110,031 | 30.4% |
| North Carolina | $158,200 | $27,215 | $6,545 | $12,102 | $112,337 | 29.0% |
| North Dakota | $158,200 | $27,215 | $2,800 | $12,102 | $116,082 | 26.6% |
| Ohio | $158,200 | $27,215 | $4,067 | $12,102 | $114,816 | 27.4% |
| Oklahoma | $158,200 | $27,215 | $7,024 | $12,102 | $111,858 | 29.3% |
| Oregon | $158,200 | $27,215 | $13,668 | $12,102 | $105,215 | 33.5% |
| Pennsylvania | $158,200 | $27,215 | $4,857 | $12,102 | $114,026 | 27.9% |
| Rhode Island | $158,200 | $27,215 | $6,279 | $12,102 | $112,604 | 28.8% |
| South Carolina | $158,200 | $27,215 | $8,497 | $12,102 | $110,385 | 30.2% |
| South Dakota | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| Tennessee | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| Texas | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| Utah | $158,200 | $27,215 | $7,356 | $12,102 | $111,526 | 29.5% |
| Vermont | $158,200 | $27,215 | $8,911 | $12,102 | $109,971 | 30.5% |
| Virginia | $158,200 | $27,215 | $8,580 | $12,102 | $110,302 | 30.3% |
| Washington | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
| West Virginia | $158,200 | $27,215 | $7,211 | $12,102 | $111,671 | 29.4% |
| Wisconsin | $158,200 | $27,215 | $7,297 | $12,102 | $111,586 | 29.5% |
| Wyoming | $158,200 | $27,215 | $0 | $12,102 | $118,883 | 24.9% |
Top Cities for Portfolio Manager Pay
The highest-paying metro areas for portfolio managers tend to be major metropolitan centers with strong industry demand and higher costs of living.
| City | Avg Salary |
|---|---|
| New York, NY | $174,020 |
| Hartford, CT | $174,020 |
| Boston, MA | $174,020 |
| San Francisco, CA | $174,020 |
| Chicago, IL | $174,020 |
Calculate Portfolio Manager Take-Home Pay
Adjust the state and filing status to see your estimated after-tax income.
Estimated Take-Home Pay
--
--
--
Gross Annual
--
Total Tax
--
Tax Breakdown
Federal Income Tax
--
State Tax
--
Social Security
--
Medicare
--
Tax Distribution
Calculating...
Pay Frequency Breakdown
| Period | Gross | Tax | Net |
|---|---|---|---|
| Calculating... | |||
How to Become a Portfolio Manager
Becoming a portfolio manager typically requires relevant education, training, or certification in the field. Many employers also value practical experience, professional development, and industry-specific credentials.Portfolio Manager Career Outlook
Employment of portfolio managers is projected to grow steadily over the next decade, driven by continued demand across industries. Professionals who stay current with evolving requirements and build specialized expertise will find the strongest job prospects.Portfolio Manager Salary FAQ
The median annual salary for portfolio managers in the US is $158,200, with a typical range from $82,400 to $302,000 depending on experience and location.
The highest-paying states for portfolio managers include NY, CT, MA. These states typically have strong demand and higher costs of living.
Entry-level portfolio managers can expect to earn around $102,830 per year, with salary increasing as they gain experience and expertise.
Being a portfolio manager can be a rewarding career with solid compensation and growth potential. Job outlook is generally positive across most regions.
The median hourly rate for portfolio managers is approximately $76.06, though this varies based on experience, location, and employer.