Financial Manager salary in Duluth, MN-WI
Financial Managers in the Duluth, MN-WI metro area earn a median of $126,800 a year ($60.96 an hour), based on BLS data for 420 workers.
Pay ranges from $83,510 for the lowest-paid 10% to $210,110 for the top 10%. That is 24% lower than the national median of $166,570. Pay here is 22% lower than the Minnesota statewide median of $163,410. There are 3.3 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.62). The average (mean) salary is $136,180, above the median because a few high earners pull it up.
Pay range for financial managers in Duluth, MN-WI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $83,510 | $40.15 |
| 25th percentile | $98,730 | $47.47 |
| Median | $126,800 | $60.96 |
| 75th percentile | $157,390 | $75.67 |
| 90th percentile (top earners) | $210,110 | $101.02 |
| Average (mean) | $136,180 | $65.47 |
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 | $10,566.67 |
| Semi-monthly (24 a year) | $5,283.33 |
| Biweekly (26 a year) | $4,876.92 |
| Weekly | $2,438.46 |
| Hourly | $60.96 |
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 |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $165,620 | 12,460 |
| Sioux Falls, SD-MN | $163,580 | 500 |
| Fond du Lac, WI | $158,620 | 180 |
| Rochester, MN | $158,570 | 390 |
| Milwaukee-Waukesha, WI | $156,100 | 5,160 |
| Madison, WI | $148,970 | 2,320 |
| Eau Claire, WI | $143,970 | 430 |
| Sheboygan, WI | $143,880 | 300 |
| Kenosha, WI | $142,000 | 260 |
| Green Bay, WI | $141,000 | 960 |
| Janesville-Beloit, WI | $138,360 | 260 |
| Oshkosh-Neenah, WI | $137,120 | 580 |
| Fargo, ND-MN | $136,970 | 810 |
| St. Cloud, MN | $135,760 | 490 |
| Appleton, WI | $134,990 | 580 |
| Mankato, MN | $134,710 | 210 |
| Racine-Mount Pleasant, WI | $134,250 | 320 |
| La Crosse-Onalaska, WI-MN | $133,280 | 370 |
| Wausau, WI | $131,320 | 300 |
| Grand Forks, ND-MN | $130,130 | 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 Minnesota statewide figures.
Related jobs in Duluth, MN-WI
| Job | Median salary | Hourly |
|---|---|---|
| Administrative Services Manager | $109,870 | $52.82 |
| Computer and Information Systems Managers | $149,710 | $71.98 |
| Industrial Production Manager | $111,630 | $53.67 |
| Facilities Manager | $100,260 | $48.20 |
| Transportation, Storage, and Distribution Managers | $97,990 | $47.11 |
| Human Resources Manager | $124,290 | $59.75 |
| General and Operations Managers | $85,930 | $41.31 |
| Medical and Health Services Managers | $102,610 | $49.33 |
| Social and Community Service Managers | $75,410 | $36.25 |
| Sales Manager | $113,360 | $54.50 |
| Construction Manager | $108,980 | $52.39 |
| Chief Executive | $158,260 | $76.09 |
| Education Administrators, Kindergarten through Secondary | $123,090 | — |
| Managers, All Other | $103,160 | $49.60 |
More: Management Occupations · all salaries in Duluth, MN-WI
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 Duluth, MN-WI?
The median salary for financial managers in the Duluth, MN-WI metro area is $126,800 a year, or $60.96 an hour. Pay ranges from $83,510 for the lowest-paid 10% to $210,110 for the top 10%.
How much do the highest-paid financial managers make in Duluth, MN-WI?
The top 10% of financial managers in the Duluth, MN-WI metro area earn at least $210,110 a year. The top 25% earn $157,390 or more.
What is the starting pay for financial managers in Duluth, MN-WI?
Entry-level pay (the 10th percentile) is about $83,510 a year, and a quarter of financial managers earn $98,730 or less.
How many financial managers work in Duluth, MN-WI?
About 420 financial managers are employed in the Duluth, MN-WI metro area, not counting the self-employed.