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Best states for a Hedge Fund Manager
- Rank 1 - 10
- 11 - 20
- 21 - 30
- 31 - 40
- 41 - 51
Not all states present equal opportunity for employees, and when it comes to hedge fund manager jobs, it's no different. We know how hard job search can be, and in order to make your life a little easier, we have the information you need in order to determine where you might want to start your job search. Pay, benefits, and opportunities vary greatly by state, and it's no different for hedge fund managers. We found that Connecticut is the best state in the nation for hedge fund managers, and people in Watertown earn the most in the field.
The median salary for hedge fund managers in Connecticut is $149,671. Compare that to the median salary in Missouri of $99,273, which ranked worst for hedge fund managers, and you can see how your location is important for your career.We found that Connecticut is the best state for hedge fund manager jobs, whereas Missouri is the worst.
If you're looking for a Hedge Fund Manager job, here are five companies hiring now:
10 best states for hedge fund managers in 2025
1. Connecticut
Total Hedge Fund Manager Jobs: 26 Average Annual Salary: $149,671 Lowest 10 Percent Earn: $93,000 Highest 10 Percent Earn: $238,000 Location Quotient: 1.892. New York
Total Hedge Fund Manager Jobs: 113 Average Annual Salary: $150,289 Lowest 10 Percent Earn: $94,000 Highest 10 Percent Earn: $238,000 Location Quotient: 2.133. Delaware
Total Hedge Fund Manager Jobs: 7 Average Annual Salary: $148,048 Lowest 10 Percent Earn: $92,000 Highest 10 Percent Earn: $235,000 Location Quotient: 1.354. Massachusetts
Total Hedge Fund Manager Jobs: 49 Average Annual Salary: $149,329 Lowest 10 Percent Earn: $92,000 Highest 10 Percent Earn: $239,000 Location Quotient: 1.295. Rhode Island
Total Hedge Fund Manager Jobs: 3 Average Annual Salary: $149,618 Lowest 10 Percent Earn: $93,000 Highest 10 Percent Earn: $239,000 Location Quotient: 0.66. Pennsylvania
Total Hedge Fund Manager Jobs: 69 Average Annual Salary: $136,706 Lowest 10 Percent Earn: $83,000 Highest 10 Percent Earn: $223,000 Location Quotient: 1.437. Vermont
Total Hedge Fund Manager Jobs: 2 Average Annual Salary: $147,702 Lowest 10 Percent Earn: $90,000 Highest 10 Percent Earn: $240,000 Location Quotient: 0.638. New Hampshire
Total Hedge Fund Manager Jobs: 3 Average Annual Salary: $148,815 Lowest 10 Percent Earn: $92,000 Highest 10 Percent Earn: $240,000 Location Quotient: 0.419. Michigan
Total Hedge Fund Manager Jobs: 18 Average Annual Salary: $143,843 Lowest 10 Percent Earn: $88,000 Highest 10 Percent Earn: $233,000 Location Quotient: 0.5610. Illinois
Total Hedge Fund Manager Jobs: 69 Average Annual Salary: $136,589 Lowest 10 Percent Earn: $81,000 Highest 10 Percent Earn: $227,000 Location Quotient: 1.4
Hedge Fund Manager JobsNear Columbus, OH
How Zippia determines the best states to be a hedge fund manager
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a hedge fund manager
Rank  | State | Average Salary | Lowest 10% Earn | Population | Job Count |
|---|---|---|---|---|---|
| 1 | Connecticut | $149,671 | $93,000 | 3,588,184 | 26 |
| 2 | New York | $150,289 | $94,000 | 19,849,399 | 113 |
| 3 | Delaware | $148,048 | $92,000 | 961,939 | 7 |
| 4 | Massachusetts | $149,329 | $92,000 | 6,859,819 | 49 |
| 5 | Rhode Island | $149,618 | $93,000 | 1,059,639 | 3 |
| 6 | Pennsylvania | $136,706 | $83,000 | 12,805,537 | 69 |
| 7 | Vermont | $147,702 | $90,000 | 623,657 | 2 |
| 8 | New Hampshire | $148,815 | $92,000 | 1,342,795 | 3 |
| 9 | Michigan | $143,843 | $88,000 | 9,962,311 | 18 |
| 10 | Illinois | $136,589 | $81,000 | 12,802,023 | 69 |
| 11 | Wisconsin | $130,520 | $77,000 | 5,795,483 | 32 |
| 12 | Virginia | $131,883 | $79,000 | 8,470,020 | 124 |
| 13 | Nevada | $134,744 | $82,000 | 2,998,039 | 4 |
| 14 | Indiana | $123,433 | $71,000 | 6,666,818 | 36 |
| 15 | District of Columbia | $146,724 | $91,000 | 693,972 | 8 |
| 16 | Maine | $135,923 | $80,000 | 1,335,907 | 1 |
| 17 | Tennessee | $121,399 | $70,000 | 6,715,984 | 28 |
| 18 | New Jersey | $131,278 | $79,000 | 9,005,644 | 37 |
| 19 | Minnesota | $131,209 | $77,000 | 5,576,606 | 11 |
| 20 | Florida | $124,887 | $74,000 | 20,984,400 | 61 |
| 21 | North Carolina | $122,501 | $72,000 | 10,273,419 | 23 |
| 22 | New Mexico | $125,997 | $74,000 | 2,088,070 | 2 |
| 23 | Alaska | $124,427 | $77,000 | 739,795 | 3 |
| 24 | Ohio | $115,161 | $66,000 | 11,658,609 | 53 |
| 25 | Washington | $122,871 | $72,000 | 7,405,743 | 24 |
| 26 | Maryland | $119,700 | $70,000 | 6,052,177 | 91 |
| 27 | Texas | $122,422 | $72,000 | 28,304,596 | 29 |
| 28 | Oklahoma | $118,874 | $69,000 | 3,930,864 | 6 |
| 29 | Wyoming | $110,807 | $62,000 | 579,315 | 4 |
| 30 | North Dakota | $120,082 | $68,000 | 755,393 | 1 |
| 31 | Arkansas | $118,882 | $69,000 | 3,004,279 | 3 |
| 32 | Georgia | $122,352 | $71,000 | 10,429,379 | 11 |
| 33 | Arizona | $118,079 | $69,000 | 7,016,270 | 13 |
| 34 | Oregon | $121,698 | $71,000 | 4,142,776 | 7 |
| 35 | Iowa | $113,266 | $64,000 | 3,145,711 | 7 |
| 36 | Idaho | $116,932 | $67,000 | 1,716,943 | 2 |
| 37 | West Virginia | $114,095 | $66,000 | 1,815,857 | 1 |
| 38 | California | $106,878 | $61,000 | 39,536,653 | 137 |
| 39 | Kentucky | $104,942 | $58,000 | 4,454,189 | 8 |
| 40 | Alabama | $113,345 | $65,000 | 4,874,747 | 1 |
| 41 | Utah | $99,693 | $55,000 | 3,101,833 | 16 |
| 42 | Montana | $105,195 | $58,000 | 1,050,493 | 2 |
| 43 | South Carolina | $102,483 | $57,000 | 5,024,369 | 9 |
| 44 | South Dakota | $104,357 | $57,000 | 869,666 | 1 |
| 45 | Kansas | $105,589 | $59,000 | 2,913,123 | 2 |
| 46 | Mississippi | $99,060 | $55,000 | 2,984,100 | 3 |
| 47 | Colorado | $95,303 | $52,000 | 5,607,154 | 14 |
| 48 | Hawaii | $76,520 | $41,000 | 1,427,538 | 2 |
| 49 | Nebraska | $100,247 | $55,000 | 1,920,076 | 2 |
| 50 | Louisiana | $99,902 | $56,000 | 4,684,333 | 1 |
| 51 | Missouri | $99,273 | $54,000 | 6,113,532 | 4 |
Highest paying states for hedge fund managers
| Rank | State | Avg. Hedge Fund Manager Salary |
|---|---|---|
| 1 | Connecticut | $149,671 |
| 2 | New York | $150,289 |
| 3 | Delaware | $148,048 |
| 4 | Massachusetts | $149,329 |
| 5 | Rhode Island | $149,618 |
| 6 | Pennsylvania | $136,706 |
| 7 | Vermont | $147,702 |
| 8 | New Hampshire | $148,815 |
| 9 | Michigan | $143,843 |
| 10 | Illinois | $136,589 |
| 11 | Wisconsin | $130,520 |
| 12 | Virginia | $131,883 |
| 13 | Nevada | $134,744 |
| 14 | Indiana | $123,433 |
| 15 | District of Columbia | $146,724 |
| 16 | Maine | $135,923 |
| 17 | Tennessee | $121,399 |
| 18 | New Jersey | $131,278 |
| 19 | Minnesota | $131,209 |
| 20 | Florida | $124,887 |
| 21 | North Carolina | $122,501 |
| 22 | New Mexico | $125,997 |
| 23 | Alaska | $124,427 |
| 24 | Ohio | $115,161 |
| 25 | Washington | $122,871 |
| 26 | Maryland | $119,700 |
| 27 | Texas | $122,422 |
| 28 | Oklahoma | $118,874 |
| 29 | Wyoming | $110,807 |
| 30 | North Dakota | $120,082 |
| 31 | Arkansas | $118,882 |
| 32 | Georgia | $122,352 |
| 33 | Arizona | $118,079 |
| 34 | Oregon | $121,698 |
| 35 | Iowa | $113,266 |
| 36 | Idaho | $116,932 |
| 37 | West Virginia | $114,095 |
| 38 | California | $106,878 |
| 39 | Kentucky | $104,942 |
| 40 | Alabama | $113,345 |
| 41 | Utah | $99,693 |
| 42 | Montana | $105,195 |
| 43 | South Carolina | $102,483 |
| 44 | South Dakota | $104,357 |
| 45 | Kansas | $105,589 |
| 46 | Mississippi | $99,060 |
| 47 | Colorado | $95,303 |
| 48 | Hawaii | $76,520 |
| 49 | Nebraska | $100,247 |
| 50 | Louisiana | $99,902 |
| 51 | Missouri | $99,273 |
Hedge Fund Manager best states FAQs
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Updated January 8, 2025