Financial Manager salary in Waterloo-Cedar Falls, IA
Financial Managers in the Waterloo-Cedar Falls, IA metro area earn a median of $125,690 a year ($60.43 an hour), based on BLS data for 370 workers.
Pay ranges from $80,800 for the lowest-paid 10% to $216,490 for the top 10%. That is 25% lower than the national median of $166,570. Pay here is 6% lower than the Iowa statewide median of $133,320. There are 4.4 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $142,480, above the median because a few high earners pull it up.
Pay range for financial managers in Waterloo-Cedar Falls, IA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $80,800 | $38.85 |
| 25th percentile | $100,440 | $48.29 |
| Median | $125,690 | $60.43 |
| 75th percentile | $172,890 | $83.12 |
| 90th percentile (top earners) | $216,490 | $104.08 |
| Average (mean) | $142,480 | $68.50 |
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 | $10,474.17 |
| Semi-monthly (24 a year) | $5,237.08 |
| Biweekly (26 a year) | $4,834.23 |
| Weekly | $2,417.12 |
| Hourly | $60.43 |
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 |
|---|---|---|
| Des Moines-West Des Moines, IA | $154,140 | 3,800 |
| Omaha, NE-IA | $140,390 | 3,120 |
| Davenport-Moline-Rock Island, IA-IL | $139,150 | 1,070 |
| Sioux City, IA-NE-SD | $134,510 | 230 |
| Cedar Rapids, IA | $134,020 | 780 |
| Iowa City, IA | $132,220 | 390 |
| Dubuque, IA | $126,980 | 390 |
| Ames, IA | $124,010 | 220 |
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 Iowa statewide figures.
Related jobs in Waterloo-Cedar Falls, IA
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $102,810 | $49.43 |
| Transportation, Storage, and Distribution Managers | $91,250 | $43.87 |
| Facilities Manager | $95,470 | $45.90 |
| Computer and Information Systems Managers | $132,210 | $63.56 |
| Human Resources Manager | $125,970 | $60.56 |
| Administrative Services Manager | $94,440 | $45.41 |
| General and Operations Managers | $82,400 | $39.62 |
| Medical and Health Services Managers | $103,330 | $49.68 |
| Social and Community Service Managers | $59,820 | $28.76 |
| Education Administrators, Postsecondary | $85,060 | $40.90 |
| Education Administrators, Kindergarten through Secondary | $103,180 | — |
| Managers, All Other | $99,530 | $47.85 |
| Sales Manager | $125,050 | $60.12 |
| Chief Executive | $199,010 | $95.68 |
More: Management Occupations · all salaries in Waterloo-Cedar Falls, IA
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 Waterloo-Cedar Falls, IA?
The median salary for financial managers in the Waterloo-Cedar Falls, IA metro area is $125,690 a year, or $60.43 an hour. Pay ranges from $80,800 for the lowest-paid 10% to $216,490 for the top 10%.
How much do the highest-paid financial managers make in Waterloo-Cedar Falls, IA?
The top 10% of financial managers in the Waterloo-Cedar Falls, IA metro area earn at least $216,490 a year. The top 25% earn $172,890 or more.
What is the starting pay for financial managers in Waterloo-Cedar Falls, IA?
Entry-level pay (the 10th percentile) is about $80,800 a year, and a quarter of financial managers earn $100,440 or less.
How many financial managers work in Waterloo-Cedar Falls, IA?
About 370 financial managers are employed in the Waterloo-Cedar Falls, IA metro area, not counting the self-employed.