Financial Manager salary
Updated Updated for 2026 tax law
A financial manager earns a median of $166,570 a year ($80.08 an hour) in the US, according to the Bureau of Labor Statistics (May 2025). The average is $186,910. About 841,710 people work in this job.
Take-home pay on $166,570
- Gross pay
- $6,406.54
- Federal income tax
- −$1,104.26
- Social Security (6.2%)
- −$397.21
- Medicare (1.45%)
- −$92.89
- Texas income tax
- $0.00No state income tax on wages
- Take-home pay
- $4,812.18
Annual breakdown
- Gross
- $166,570
- Federal
- $28,711
- FICA
- $12,743
- State + local
- $0
- Net
- $125,117
- Marginal federal rate
- 24.0%
- Marginal state rate
- 0.0%
2026 federal brackets (Rev. Proc. 2025-32) and 2026 state rules. Estimates assume wages are your only income and use annual liability, so your actual withholding can differ slightly.
Financial Manager salary by state
| State | Median salary | Average | Employed |
|---|---|---|---|
| New York | $219,880 | $246,560 | 80,810 |
| Massachusetts | $206,760 | $218,230 | 26,150 |
| New Jersey | $199,110 | $216,740 | 32,510 |
| District of Columbia | $188,880 | $210,420 | 8,930 |
| Virginia | $185,220 | $199,320 | 20,850 |
| Colorado | $182,690 | $209,360 | 10,640 |
| Delaware | $181,580 | $203,890 | 2,810 |
| California | $180,770 | $210,490 | 93,310 |
| Washington | $174,840 | $195,430 | 12,930 |
| Connecticut | $174,830 | $201,260 | 20,040 |
| Rhode Island | $166,940 | $181,400 | 2,570 |
| Georgia | $166,790 | $182,920 | 21,390 |
| North Carolina | $166,780 | $196,240 | 22,460 |
| Illinois | $165,880 | $183,920 | 52,720 |
| Texas | $164,860 | $180,170 | 71,870 |
| Minnesota | $163,410 | $176,560 | 16,680 |
| South Dakota | $159,700 | $172,430 | 1,000 |
| Kansas | $159,380 | $171,510 | 5,190 |
| Maryland | $158,750 | $170,350 | 19,770 |
| Oregon | $156,460 | $173,790 | 7,610 |
| Florida | $153,280 | $169,990 | 48,910 |
| Utah | $150,450 | $168,050 | 8,860 |
| Pennsylvania | $145,610 | $164,650 | 32,180 |
| New Hampshire | $144,730 | $160,920 | 4,330 |
| Missouri | $143,460 | $163,820 | 13,330 |
| Tennessee | $141,010 | $164,480 | 17,630 |
| Ohio | $140,870 | $162,780 | 27,360 |
| Alabama | $140,500 | $160,120 | 7,200 |
| Nebraska | $140,360 | $155,410 | 5,630 |
| Arizona | $139,830 | $158,550 | 14,900 |
| Wisconsin | $139,720 | $155,800 | 15,530 |
| Michigan | $139,370 | $158,110 | 22,490 |
| South Carolina | $136,160 | $160,800 | 9,020 |
| North Dakota | $135,890 | $153,130 | 2,140 |
| Indiana | $135,840 | $153,260 | 12,560 |
| Hawaii | $134,210 | $146,850 | 3,790 |
| New Mexico | $133,700 | $147,820 | 2,530 |
| Maine | $133,610 | $151,450 | 3,120 |
| Iowa | $133,320 | $149,730 | 9,130 |
| Nevada | $132,490 | $154,570 | 8,090 |
| Oklahoma | $132,460 | $151,850 | 6,670 |
| Montana | $131,060 | $150,850 | 1,510 |
| Kentucky | $130,650 | $145,780 | 6,630 |
| Vermont | $128,690 | $146,120 | 1,790 |
| Idaho | $127,210 | $142,420 | 3,120 |
| Alaska | $127,030 | $139,740 | 2,020 |
| Louisiana | $126,800 | $142,670 | 7,070 |
| Wyoming | $124,910 | $134,710 | 730 |
| Arkansas | $116,570 | $136,680 | 7,120 |
| West Virginia | $113,140 | $127,910 | 2,610 |
| Mississippi | $111,390 | $128,380 | 3,470 |
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BLS occupation: Financial Managers. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (SOC 11-3031). Excludes the self-employed.
Frequently asked questions
How much does a financial manager make an hour?
The median hourly wage is $80.08; the average is $89.86.
Which state pays financial managers the most?
New York ($219,880 median), followed by Massachusetts and New Jersey.
What is the salary range for a financial manager?
The bottom 10% earn under $94,310 and the top 10% earn over $323,270 a year.
How much is $166,570 after taxes?
About $125,117 a year in Texas (no state income tax) or $111,705 in California for a single filer in 2026.
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Estimates for information only — not tax, legal or financial advice.