LSLocalSalaryHub

Financial Managers Salary in Norwich, CT

BLS Official DataUpdated 2025-05-31
Median Annual

$154,190

Mean: $165,770

~$120,268 est. take-home

Hourly Rate

$74.13

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Norwich, CT

$

Tax Breakdown

Federal Income Tax-$15,302
State Income Tax-$6,960
Social Security-$9,560
Medicare-$2,236
Effective Tax Rate22.1%

Monthly Take-Home

$10,011

Annual Take-Home

$120,133

Monthly Budget in Norwich

Housing / Rent$1,35013%
Food & Groceries$4004%
Transportation$3503%
Utilities$1802%
Healthcare$2502%
Remaining / Savings$7,48175%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$154,190(+0% vs. local median)
Financial Managers salary in Norwich, CT — median $154,190/year, range $119,510-$206,860

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$119,510

Median

$154,190

75th %

$206,860

Median is in the 40th percentile of the typical range

Compare with another city

See how this salary compares to the same role in a different location.

Financial Managers in other CT cities

Compare the same occupation across cities in CT.

About Financial Managers salaries in Norwich, CT

According to the U.S. Bureau of Labor Statistics, the median annual salary for financial managers in Norwich, CT is $154,190. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $119,510 (25th percentile) to $206,860 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $74.13 per hour, based on a standard 2,080-hour work year.

Career Outlook

↑↑ 16% growthMuch faster than average (BLS 2024–2034)

Financial manager employment is projected to grow 16% through 2034 as organizations face increasingly complex regulatory environments, globalization of financial markets, and growing demand for data-driven financial planning and risk management.

💡 Key insight: Financial managers in tech and healthcare industries tend to earn the highest salaries, reflecting the complexity and growth in these sectors.

Frequently Asked Questions

What is the average salary for a financial managers in Norwich?

The median salary is $154,190 per year. The mean (average) salary is $165,770.

How much does a financial managers make per hour in Norwich?

The estimated hourly rate is $74.13 per hour.

What is the salary range for financial managers in Norwich?

Salaries typically range from $119,510 (25th percentile) to $206,860 (75th percentile).

Salary Conversion Table

How does $154,190 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$154,190$120,268
Monthly$12,849$10,022
Biweekly$5,930$4,626
Weekly$2,965$2,313
Hourly (40h/wk)$74.13$57.82
Hourly (35h/wk)$84.72$66.08
Hourly (30h/wk)$98.84$77.09
Daily (8h)$593$463

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Financial Managers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for financial managers, based on BLS median salary data.