upper level job

How much does a Branch Manager make?

As of March 01, 2025, the average annual salary for a Branch Manager in the United States is $75,646. Salary.com reports that pay typically ranges from $68,192 to $84,142, with most professionals earning between $61,406 and $91,878.

Branch Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $84,142 $7,012 $1,618 $40
Average $75,646 $6,304 $1,455 $36
25th Percentile $68,192 $5,683 $1,311 $33

Average Salary

25% $68,192 10% $61,406 90% $91,878 75% $84,142 $75,646 50%(Median) Didn’t find job title? Click
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How much does a Branch Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Branch Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Branch Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Branch Manager's Salary?

An entry-level Branch Manager with less than 1 year of experience earns about $72,001. With 1-2 years of experience, the average salary increases to $72,331. For 2-4 years of experience, the pay typically rises to $73,980. Senior-level professionals with 5-8 years of experience earn around $76,880, and those with over 8 years of experience can expect an average of $77,882.

Levels Salary
Entry Level Branch Manager $72,001
Intermediate Level Branch Manager $72,331
Senior Level Branch Manager $73,980
Specialist Level Branch Manager $76,880
Expert Level Branch Manager $77,882
$72,001 0 yr
$72,331 < 2 yrs
$73,980 2-4 yrs
$76,880 5-8 yrs
$77,882 > 8 yrs
Last Updated on March 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 2%
Top Level 2%
Experienced 3%
View as graph
Last Updated on March 01, 2025

How much does salary of Branch Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Branch Manager is $94,557.
  • In New York, NY, the average annual salary is $88,354.
  • In Boston, MA, a Branch Manager earns $84,799 per year.

What is the salary trend of Branch Manager?

As of March 01, 2025, our research reveals a significant shift in Branch Manager compensation over the past six years. For example, the median salary increased from $87,940 in 2023 to approximately $88,024 in 2024. (For a detailed analysis of Branch Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Branch Manager Over Time

2020
$???
2021
$???
2022
$???
$87,940
2023
$88,024
2024
$87,552
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$87,940
2024
$88,024
2025
$87,552
2026
$???
Last Updated on March 01, 2025

Branch Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $87,940
2024 $88,024
2025 $87,552
2026 View More
Last Updated on March 01, 2025

Job Openings of Branch Manager

Salary.com job board provides millions of Branch Manager information for you to search for. Click on search button below to see Branch Manager job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.4%
Bonuses 3.8%
Social Security 5.5%
401k/403b 3.4%
Disability 0.6%
Healthcare 5.5%
Pension 4.0%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $75,646 68.4%
Bonus $4,220 3.8%
Value of Benefits
Core Compensation Median % of Total
Social Security $6,110 5.5%
401K/403B $3,754 3.4%
Disability $639 0.6%
Healthcare $6,056 5.5%
Pension $4,393 4.0%
Time Off $9,830 8.9%
Total Compensation $110,646 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Branch Manager with different levels of education?

Salaries for Branch Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Branch Manager with a Associate's Degree is $71,121 - $75,376. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Branch Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Branch Manager
Degree Level % of user with this level of education
No Diploma 0.7%
High School 21.8%
Associates 10.4%
Bachelors 50.0%
Masters 17.1%
Typical Education for Branch Manager
No Diploma 0.7%
High School 21.8%
Associates 10.4%
Bachelors 50.0%
Masters 17.1%
view as table

Branch Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Branch Manager

1. What is the average salary of a Branch Manager?

The average annual salary of Branch Manager is $75,646. In case you are finding an easy salary calculator, the average hourly pay of Branch Manager is $36; the average weekly pay of Branch Manager is $1,455; the average monthly pay of Branch Manager is $6,304.

2. Where can a Branch Manager earn the most?

A Branch Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Branch Manager earns the most in San Jose, CA, where the annual salary of a Branch Manager is $94,936.

3. What is the highest pay for Branch Manager?

The highest pay for Branch Manager is $91,878.

4. What is the lowest pay for Branch Manager?

The lowest pay for Branch Manager is $61,406.

5. What are the responsibilities of Branch Manager?

Branch Manager manages a retail banking branch office that develops and grows customer relationships, promotes products and services, and delivers efficient operations. Oversees daily branch opening, closing, customer service, transaction processing, and reconciliation tasks and activities. Being a Branch Manager schedules, manages, and trains branch staff to maintain the required service coverage. Ensures staff understands and follows all company policies and procedures to maintain required security, operational, and service quality standards. Additionally, Branch Manager is accountable for financial, operational, and customer satisfaction goals for the branch. Resolves escalated customer or operations issues. Coordinates with other bank teams to promote products and represent the bank in the community. May require a bachelor's degree. Typically reports to a group or regional branch manager. The Branch Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Branch Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Branch Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.)

Consumer Loans: a consumer loan is any type of loan made to a consumer by a creditor. The loan can be secured (backed by the assets of the borrower) or unsecured (not backed by the assets of the borrower).

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Branch Manager is $75,646 per year in the United States, updated at March 01, 2025.
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