Financial Manager salary in Mankato, MN
Financial Managers in the Mankato, MN metro area earn a median of $134,710 a year ($64.76 an hour), based on BLS data for 210 workers.
Pay ranges from $81,640 for the lowest-paid 10% to $220,990 for the top 10%. That is 19% lower than the national median of $166,570. Pay here is 18% lower than the Minnesota statewide median of $163,410. There are 3.8 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.70). The average (mean) salary is $147,270, above the median because a few high earners pull it up.
Pay range for financial managers in Mankato, MN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $81,640 | $39.25 |
| 25th percentile | $104,340 | $50.17 |
| Median | $134,710 | $64.76 |
| 75th percentile | $170,100 | $81.78 |
| 90th percentile (top earners) | $220,990 | $106.25 |
| Average (mean) | $147,270 | $70.80 |
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 | $11,225.83 |
| Semi-monthly (24 a year) | $5,612.92 |
| Biweekly (26 a year) | $5,181.15 |
| Weekly | $2,590.58 |
| Hourly | $64.76 |
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 |
| Rochester, MN | $158,570 | 390 |
| Fargo, ND-MN | $136,970 | 810 |
| St. Cloud, MN | $135,760 | 490 |
| La Crosse-Onalaska, WI-MN | $133,280 | 370 |
| Grand Forks, ND-MN | $130,130 | 220 |
| 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 Minnesota statewide figures.
Related jobs in Mankato, MN
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $104,470 | $50.23 |
| Administrative Services Manager | $113,570 | $54.60 |
| Computer and Information Systems Managers | $142,390 | $68.46 |
| Facilities Manager | $109,160 | $52.48 |
| Human Resources Manager | $147,830 | $71.07 |
| Transportation, Storage, and Distribution Managers | $122,830 | $59.05 |
| General and Operations Managers | $86,890 | $41.78 |
| Medical and Health Services Managers | $111,560 | $53.64 |
| Sales Manager | $131,330 | $63.14 |
| Social and Community Service Managers | $86,630 | $41.65 |
| Chief Executive | $171,460 | $82.43 |
| Property, Real Estate, and Community Association Managers | $57,830 | $27.80 |
| Construction Manager | $102,880 | $49.46 |
| Marketing Manager | $155,360 | $74.69 |
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 Mankato, MN?
The median salary for financial managers in the Mankato, MN metro area is $134,710 a year, or $64.76 an hour. Pay ranges from $81,640 for the lowest-paid 10% to $220,990 for the top 10%.
How much do the highest-paid financial managers make in Mankato, MN?
The top 10% of financial managers in the Mankato, MN metro area earn at least $220,990 a year. The top 25% earn $170,100 or more.
What is the starting pay for financial managers in Mankato, MN?
Entry-level pay (the 10th percentile) is about $81,640 a year, and a quarter of financial managers earn $104,340 or less.
How many financial managers work in Mankato, MN?
About 210 financial managers are employed in the Mankato, MN metro area, not counting the self-employed.