Financial Manager salary in Toledo, OH
Financial Managers in the Toledo, OH metro area earn a median of $125,330 a year ($60.26 an hour), based on BLS data for 1,060 workers.
Pay ranges from $75,510 for the lowest-paid 10% to $237,580 for the top 10%. That is 25% lower than the national median of $166,570. Pay here is 11% lower than the Ohio statewide median of $140,870. There are 3.6 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.67). The average (mean) salary is $142,630, above the median because a few high earners pull it up.
Pay range for financial managers in Toledo, OH
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $75,510 | $36.30 |
| 25th percentile | $88,420 | $42.51 |
| Median | $125,330 | $60.26 |
| 75th percentile | $165,940 | $79.78 |
| 90th percentile (top earners) | $237,580 | $114.22 |
| Average (mean) | $142,630 | $68.57 |
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 | $10,444.17 |
| Semi-monthly (24 a year) | $5,222.08 |
| Biweekly (26 a year) | $4,820.38 |
| Weekly | $2,410.19 |
| Hourly | $60.26 |
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 |
|---|---|---|
| Cleveland, OH | $157,900 | 6,300 |
| Cincinnati, OH-KY-IN | $152,700 | 6,340 |
| Columbus, OH | $145,630 | 5,750 |
| Dayton-Kettering-Beavercreek, OH | $137,140 | 1,290 |
| Akron, OH | $135,850 | 1,460 |
| Canton-Massillon, OH | $128,650 | 590 |
| Sandusky, OH | $127,100 | 150 |
| Lima, OH | $125,380 | 150 |
| Springfield, OH | $124,240 | 150 |
| Youngstown-Warren, OH | $119,240 | 500 |
| Mansfield, OH | $118,040 | 130 |
| Wheeling, WV-OH | $110,000 | 200 |
| Weirton-Steubenville, WV-OH | $109,340 | 100 |
| Huntington-Ashland, WV-KY-OH | $106,010 | 400 |
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 Ohio statewide figures.
Related jobs in Toledo, OH
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $110,760 | $53.25 |
| Computer and Information Systems Managers | $145,080 | $69.75 |
| Transportation, Storage, and Distribution Managers | $98,970 | $47.58 |
| Administrative Services Manager | $85,090 | $40.91 |
| Human Resources Manager | $125,130 | $60.16 |
| Facilities Manager | $97,550 | $46.90 |
| Purchasing Manager | $136,590 | $65.67 |
| Compensation and Benefits Managers | $110,870 | $53.30 |
| General and Operations Managers | $95,120 | $45.73 |
| Medical and Health Services Managers | $106,720 | $51.31 |
| Construction Manager | $100,100 | $48.13 |
| Sales Manager | $129,720 | $62.37 |
| Education Administrators, Kindergarten through Secondary | $100,140 | — |
| Food Service Manager | $59,910 | $28.80 |
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 Toledo, OH?
The median salary for financial managers in the Toledo, OH metro area is $125,330 a year, or $60.26 an hour. Pay ranges from $75,510 for the lowest-paid 10% to $237,580 for the top 10%.
How much do the highest-paid financial managers make in Toledo, OH?
The top 10% of financial managers in the Toledo, OH metro area earn at least $237,580 a year. The top 25% earn $165,940 or more.
What is the starting pay for financial managers in Toledo, OH?
Entry-level pay (the 10th percentile) is about $75,510 a year, and a quarter of financial managers earn $88,420 or less.
How many financial managers work in Toledo, OH?
About 1,060 financial managers are employed in the Toledo, OH metro area, not counting the self-employed.