Financial Manager salary in Madison, WI
Financial Managers in the Madison, WI metro area earn a median of $148,970 a year ($71.62 an hour), based on BLS data for 2,320 workers.
Pay ranges from $83,830 for the lowest-paid 10% to $253,800 for the top 10%. That is 11% lower than the national median of $166,570. Pay here is 7% higher than the Wisconsin statewide median of $139,720. There are 5.7 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $161,760, above the median because a few high earners pull it up.
Pay range for financial managers in Madison, WI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $83,830 | $40.30 |
| 25th percentile | $110,010 | $52.89 |
| Median | $148,970 | $71.62 |
| 75th percentile | $197,620 | $95.01 |
| 90th percentile (top earners) | $253,800 | $122.02 |
| Average (mean) | $161,760 | $77.77 |
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 | $12,414.17 |
| Semi-monthly (24 a year) | $6,207.08 |
| Biweekly (26 a year) | $5,729.62 |
| Weekly | $2,864.81 |
| Hourly | $71.62 |
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 |
| Fond du Lac, WI | $158,620 | 180 |
| Milwaukee-Waukesha, WI | $156,100 | 5,160 |
| 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 |
| Appleton, WI | $134,990 | 580 |
| Racine-Mount Pleasant, WI | $134,250 | 320 |
| La Crosse-Onalaska, WI-MN | $133,280 | 370 |
| Wausau, WI | $131,320 | 300 |
| Duluth, MN-WI | $126,800 | 420 |
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 Wisconsin statewide figures.
Related jobs in Madison, WI
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $168,900 | $81.20 |
| Industrial Production Manager | $127,020 | $61.07 |
| Administrative Services Manager | $112,280 | $53.98 |
| Human Resources Manager | $140,680 | $67.63 |
| Transportation, Storage, and Distribution Managers | $100,340 | $48.24 |
| Facilities Manager | $118,990 | $57.21 |
| Purchasing Manager | $126,170 | $60.66 |
| Compensation and Benefits Managers | $127,670 | $61.38 |
| Training and Development Managers | $120,300 | $57.84 |
| General and Operations Managers | $126,620 | $60.88 |
| Managers, All Other | $129,330 | $62.18 |
| Sales Manager | $146,380 | $70.37 |
| Medical and Health Services Managers | $131,640 | $63.29 |
| Marketing Manager | $138,270 | $66.48 |
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 Madison, WI?
The median salary for financial managers in the Madison, WI metro area is $148,970 a year, or $71.62 an hour. Pay ranges from $83,830 for the lowest-paid 10% to $253,800 for the top 10%.
How much do the highest-paid financial managers make in Madison, WI?
The top 10% of financial managers in the Madison, WI metro area earn at least $253,800 a year. The top 25% earn $197,620 or more.
What is the starting pay for financial managers in Madison, WI?
Entry-level pay (the 10th percentile) is about $83,830 a year, and a quarter of financial managers earn $110,010 or less.
How many financial managers work in Madison, WI?
About 2,320 financial managers are employed in the Madison, WI metro area, not counting the self-employed.