Financial Manager salary in Rochester, MN
Financial Managers in the Rochester, MN metro area earn a median of $158,570 a year ($76.24 an hour), based on BLS data for 390 workers.
Pay ranges from $97,410 for the lowest-paid 10% to $268,200 for the top 10%. That is 5% lower than the national median of $166,570. Pay here is 3% lower than the Minnesota statewide median of $163,410. There are 3.2 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.59). The average (mean) salary is $173,120, above the median because a few high earners pull it up.
Pay range for financial managers in Rochester, MN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $97,410 | $46.83 |
| 25th percentile | $115,870 | $55.71 |
| Median | $158,570 | $76.24 |
| 75th percentile | $203,260 | $97.72 |
| 90th percentile (top earners) | $268,200 | $128.94 |
| Average (mean) | $173,120 | $83.23 |
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 | $13,214.17 |
| Semi-monthly (24 a year) | $6,607.08 |
| Biweekly (26 a year) | $6,098.85 |
| Weekly | $3,049.42 |
| Hourly | $76.24 |
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 |
| Fargo, ND-MN | $136,970 | 810 |
| St. Cloud, MN | $135,760 | 490 |
| Mankato, MN | $134,710 | 210 |
| 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 Rochester, MN
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $177,620 | $85.40 |
| Administrative Services Manager | $131,130 | $63.04 |
| Facilities Manager | $124,610 | $59.91 |
| Human Resources Manager | $140,800 | $67.69 |
| Industrial Production Manager | $107,520 | $51.69 |
| Purchasing Manager | $171,340 | $82.38 |
| Transportation, Storage, and Distribution Managers | $111,700 | $53.70 |
| General and Operations Managers | $85,650 | $41.18 |
| Medical and Health Services Managers | $131,110 | $63.03 |
| Sales Manager | $127,500 | $61.30 |
| Construction Manager | $124,040 | $59.64 |
| Chief Executive | $194,700 | $93.60 |
| Social and Community Service Managers | $80,460 | $38.69 |
| Education Administrators, Kindergarten through Secondary | $118,320 | — |
More: Management Occupations · all salaries in Rochester, MN
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 Rochester, MN?
The median salary for financial managers in the Rochester, MN metro area is $158,570 a year, or $76.24 an hour. Pay ranges from $97,410 for the lowest-paid 10% to $268,200 for the top 10%.
How much do the highest-paid financial managers make in Rochester, MN?
The top 10% of financial managers in the Rochester, MN metro area earn at least $268,200 a year. The top 25% earn $203,260 or more.
What is the starting pay for financial managers in Rochester, MN?
Entry-level pay (the 10th percentile) is about $97,410 a year, and a quarter of financial managers earn $115,870 or less.
How many financial managers work in Rochester, MN?
About 390 financial managers are employed in the Rochester, MN metro area, not counting the self-employed.