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Financial Managers Salary in Cleveland, OH

BLS Official DataUpdated 2025-05-31
Median Annual

$157,900

Mean: $176,610

~$123,162 est. take-home

Hourly Rate

$75.91

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Cleveland, OH

$

Tax Breakdown

Federal Income Tax-$16,118
State Income Tax-$5,002
Social Security-$9,790
Medicare-$2,290
Effective Tax Rate21.0%

Monthly Take-Home

$10,392

Annual Take-Home

$124,701

Monthly Budget in Cleveland

Housing / Rent$1,35013%
Food & Groceries$4004%
Transportation$3503%
Utilities$1802%
Healthcare$2502%
Remaining / Savings$7,86276%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$157,900(+0% vs. local median)
Financial Managers salary in Cleveland, OH — median $157,900/year, range $110,500-$209,900

Salary Distribution

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

25th %

$110,500

Median

$157,900

75th %

$209,900

Median is in the 48th 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 OH cities

Compare the same occupation across cities in OH.

About Financial Managers salaries in Cleveland, OH

According to the U.S. Bureau of Labor Statistics, the median annual salary for financial managers in Cleveland, OH is $157,900. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $110,500 (25th percentile) to $209,900 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $75.91 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 Cleveland?

The median salary is $157,900 per year. The mean (average) salary is $176,610.

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

The estimated hourly rate is $75.91 per hour.

What is the salary range for financial managers in Cleveland?

Salaries typically range from $110,500 (25th percentile) to $209,900 (75th percentile).

Salary Conversion Table

How does $157,900 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$157,900$123,162
Monthly$13,158$10,264
Biweekly$6,073$4,737
Weekly$3,037$2,369
Hourly (40h/wk)$75.91$59.21
Hourly (35h/wk)$86.76$67.67
Hourly (30h/wk)$101.22$78.95
Daily (8h)$607$474

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.