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Financial Managers Salary in Mankato, MN

BLS Official DataUpdated 2025-05-31
Median Annual

$134,710

Mean: $147,270

~$105,074 est. take-home

Hourly Rate

$64.76

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 100/100

Monthly surplus

$6,136/mo

Savings rate

71%

Financial Managers salary in Mankato, MN — median $134,710/year, range $104,340-$170,100

Salary Distribution

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

25th %

$104,340

Median

$134,710

75th %

$170,100

Median is in the 46th percentile of the typical range

Financial Managers in other MN cities

Compare the same occupation across cities in MN.

About Financial Managers salaries in Mankato, MN

Financial Managers in Mankato, MN earn a median of $134,710 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $147,270, which tends to skew higher because a small number of high earners pull the average up.

Most financial managers in this area earn between $104,340 and $170,100. Where you land depends on experience, employer type, and whether you have in-demand specializations.

That works out to roughly $64.76 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.

Career Outlook

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

16% growth. Companies are dealing with more complex regulation, global supply chain risk, and volatile markets — they need people who can actually manage the money, not just report on it. Tech and healthcare companies are paying the most.

Worth knowing: The CFO track often starts with a CPA or CFA plus an MBA. Financial managers who can speak data science (SQL, Python, BI tools) move up faster than those who can't.

Frequently Asked Questions

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

The median — where half earn more and half earn less — is $134,710. The average (mean) is $147,270, which is higher because top earners pull it up.

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

About $64.76/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for financial managers in Mankato?

The middle 50% earn between $104,340 and $170,100. Below $104,340 is typically entry-level; above $170,100 usually means significant experience or specialized skills.

Salary Conversion Table

How does $134,710 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$134,710$105,074
Monthly$11,226$8,756
Biweekly$5,181$4,041
Weekly$2,591$2,021
Hourly (40h/wk)$64.76$50.52
Hourly (35h/wk)$74.02$57.73
Hourly (30h/wk)$86.35$67.36
Daily (8h)$518$404

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.

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