Manage investment portfolios on behalf of institutions or high-net-worth clients. Median salary in Cambridge: $227K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Cambridge, Massachusetts. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Portfolio Managers in Cambridge earn approximately 40% higher than the US national median for this role — a $65,000 premium on annual base salary. This reflects Cambridge's position as a higher-cost labor market where employers must match local wage norms.
Adjusted for Cambridge's cost-of-living index (185), the median Portfolio Manager salary buys the equivalent of $122,703 in a US-average-cost city. That's $39,297 less purchasing power than the national median — the higher nominal salary doesn't fully offset local costs.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $227K by 2030.
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The median Portfolio Manager salary in Cambridge, MA is $227,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Cambridge–MA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Portfolio Managers in Cambridge with 0–2 years of experience typically earn between $161,000 and $227,000 annually. Mid-career professionals with 3–7 years command $227,000 to $316,000, while senior-level practitioners with 8+ years of experience regularly earn $316,000 to $449,000 or more.
Cambridge has a cost of living index of 185 compared to the US national average of 100. Cambridge's cost of living is above the US average, so the salary figures above reflect local market rates. Massachusetts has a 5% state income tax rate.
Bachelor's in Finance; CFA designation; MBA common. 40% of these roles offer some remote flexibility.