Financial Manager salary in Rockford, IL
Financial Managers in the Rockford, IL metro area earn a median of $135,650 a year ($65.22 an hour), based on BLS data for 590 workers.
Pay ranges from $88,410 for the lowest-paid 10% to $267,320 for the top 10%. That is 19% lower than the national median of $166,570. Pay here is 18% lower than the Illinois statewide median of $165,880. There are 4.3 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.79). The average (mean) salary is $155,940, above the median because a few high earners pull it up.
Pay range for financial managers in Rockford, IL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $88,410 | $42.51 |
| 25th percentile | $108,200 | $52.02 |
| Median | $135,650 | $65.22 |
| 75th percentile | $189,650 | $91.18 |
| 90th percentile (top earners) | $267,320 | $128.52 |
| Average (mean) | $155,940 | $74.97 |
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 | $11,304.17 |
| Semi-monthly (24 a year) | $5,652.08 |
| Biweekly (26 a year) | $5,217.31 |
| Weekly | $2,608.65 |
| Hourly | $65.22 |
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 |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $168,810 | 41,590 |
| St. Louis, MO-IL | $158,780 | 7,190 |
| Bloomington, IL | $156,240 | 1,400 |
| Peoria, IL | $155,840 | 1,170 |
| Cape Girardeau, MO-IL | $139,690 | 120 |
| Davenport-Moline-Rock Island, IA-IL | $139,150 | 1,070 |
| Springfield, IL | $133,530 | 670 |
| Decatur, IL | $131,250 | 220 |
| Champaign-Urbana, IL | $127,680 | 660 |
| Kankakee, IL | $127,470 | 170 |
| Paducah, KY-IL | $114,460 | 130 |
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 Illinois statewide figures.
Related jobs in Rockford, IL
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $120,800 | $58.08 |
| Computer and Information Systems Managers | $146,600 | $70.48 |
| Facilities Manager | $98,580 | $47.40 |
| Transportation, Storage, and Distribution Managers | $109,710 | $52.74 |
| Administrative Services Manager | $81,390 | $39.13 |
| Human Resources Manager | $123,090 | $59.18 |
| Purchasing Manager | $126,970 | $61.04 |
| General and Operations Managers | $98,390 | $47.31 |
| Medical and Health Services Managers | $121,920 | $58.61 |
| Sales Manager | $133,560 | $64.21 |
| Education Administrators, Kindergarten through Secondary | $99,980 | — |
| Construction Manager | $106,870 | $51.38 |
| Managers, All Other | $127,870 | $61.48 |
| Architectural and Engineering Managers | $146,930 | $70.64 |
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 Rockford, IL?
The median salary for financial managers in the Rockford, IL metro area is $135,650 a year, or $65.22 an hour. Pay ranges from $88,410 for the lowest-paid 10% to $267,320 for the top 10%.
How much do the highest-paid financial managers make in Rockford, IL?
The top 10% of financial managers in the Rockford, IL metro area earn at least $267,320 a year. The top 25% earn $189,650 or more.
What is the starting pay for financial managers in Rockford, IL?
Entry-level pay (the 10th percentile) is about $88,410 a year, and a quarter of financial managers earn $108,200 or less.
How many financial managers work in Rockford, IL?
About 590 financial managers are employed in the Rockford, IL metro area, not counting the self-employed.