Financial Manager salary in Cedar Rapids, IA
Financial Managers in the Cedar Rapids, IA metro area earn a median of $134,020 a year ($64.43 an hour), based on BLS data for 780 workers.
Pay ranges from $82,310 for the lowest-paid 10% to $220,090 for the top 10%. That is 20% lower than the national median of $166,570. Pay here is 1% higher than the Iowa statewide median of $133,320. There are 5.6 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $148,680, above the median because a few high earners pull it up.
Pay range for financial managers in Cedar Rapids, IA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $82,310 | $39.57 |
| 25th percentile | $100,600 | $48.37 |
| Median | $134,020 | $64.43 |
| 75th percentile | $168,310 | $80.92 |
| 90th percentile (top earners) | $220,090 | $105.81 |
| Average (mean) | $148,680 | $71.48 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $11,168.33 |
| Semi-monthly (24 a year) | $5,584.17 |
| Biweekly (26 a year) | $5,154.62 |
| Weekly | $2,577.31 |
| Hourly | $64.43 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Des Moines-West Des Moines, IA | $154,140 | 3,800 |
| Omaha, NE-IA | $140,390 | 3,120 |
| Davenport-Moline-Rock Island, IA-IL | $139,150 | 1,070 |
| Sioux City, IA-NE-SD | $134,510 | 230 |
| Iowa City, IA | $132,220 | 390 |
| Dubuque, IA | $126,980 | 390 |
| Waterloo-Cedar Falls, IA | $125,690 | 370 |
| Ames, IA | $124,010 | 220 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
See Financial Manager pay in every state or the Iowa statewide figures.
Related jobs in Cedar Rapids, IA
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $129,910 | $62.46 |
| Industrial Production Manager | $118,000 | $56.73 |
| Facilities Manager | $93,200 | $44.81 |
| Transportation, Storage, and Distribution Managers | $107,570 | $51.72 |
| Human Resources Manager | $130,430 | $62.71 |
| Administrative Services Manager | $102,490 | $49.28 |
| Purchasing Manager | $112,010 | $53.85 |
| Training and Development Managers | $116,580 | $56.05 |
| General and Operations Managers | $90,620 | $43.57 |
| Medical and Health Services Managers | $99,440 | $47.81 |
| Managers, All Other | $122,110 | $58.71 |
| Sales Manager | $131,510 | $63.23 |
| Chief Executive | $182,210 | $87.60 |
| Education Administrators, Kindergarten through Secondary | $105,200 | — |
More: Management Occupations · all salaries in Cedar Rapids, IA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Cedar Rapids, IA?
The median salary for financial managers in the Cedar Rapids, IA metro area is $134,020 a year, or $64.43 an hour. Pay ranges from $82,310 for the lowest-paid 10% to $220,090 for the top 10%.
How much do the highest-paid financial managers make in Cedar Rapids, IA?
The top 10% of financial managers in the Cedar Rapids, IA metro area earn at least $220,090 a year. The top 25% earn $168,310 or more.
What is the starting pay for financial managers in Cedar Rapids, IA?
Entry-level pay (the 10th percentile) is about $82,310 a year, and a quarter of financial managers earn $100,600 or less.
How many financial managers work in Cedar Rapids, IA?
About 780 financial managers are employed in the Cedar Rapids, IA metro area, not counting the self-employed.