SOC 11-3031 · Cedar Rapids, IA metro

Financial Managers Salary in Cedar Rapids, IA

The average salary for financial managers in Cedar Rapids, Iowa is $148,680 a year ($71.48 an hour), according to BLS estimates for May 2025. The median is $134,020: half of the 780 people in this job in the Cedar Rapids, IA metro area earn more than that, half earn less. That average is 22% less than the U.S. metro average for this job ($189,775).

$148,680average per year

$71.48 / hourMedian $134,020Take-home ≈ $107,851

  • $82K10th
  • $101K25th
  • $134KMedian
  • $168K75th
  • $220K90th

median average · bar = middle 50% of workers

780people in this job
-22%vs U.S. metro average
#3 of 8Iowa metros
89cost of living (U.S. = 100)
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Financial Managers pay range in Cedar Rapids

New workers and the lowest-paid 10% earn about $82,310 a year or less, while the top 10% make $220,090 or more. The middle half of financial managers in Cedar Rapids earn between $100,600 and $168,310.

  • $82K10th
  • $101K25th
  • $134KMedian
  • $168K75th
  • $220K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$148,680$12,390$71.48
Median$134,020$11,168$64.43
Entry level (25th percentile)$100,600$8,383$48.37
Experienced (75th percentile)$168,310$14,026$80.92

*Hourly figures assume 2,080 paid hours a year.

Financial Managers salary after taxes in Cedar Rapids

On the average salary of $148,680, a single filer in Cedar Rapids takes home about $107,851 a year, or $8,988 a month and $4,148 every two weeks. Taxes take 27% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

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Is Cedar Rapids a good place for financial managers? Pay vs. cost of living

Prices in the Cedar Rapids area are 11% below the U.S. average (BEA price parity 89.0), so the average $148,680 buys what about $167,126 would buy in a typical U.S. metro. This job pays 2.7 times the median wage of all jobs in Cedar Rapids ($49,360). A typical home costs $244,344, or 1.6 years of this average salary before tax.

See what $148,680 is worth in another city

Financial Managers salary in other Iowa cities

Cedar Rapids ranks 3rd of 8 Iowa metro areas for this job; Des Moines pays the most ($166,200).

All Financial Managers salaries in Iowa

Highest-paying cities for financial managers

San Jose, CA pays this job the most of the metro areas we cover ($273,690).

Financial Managers salary by city

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Reviewed before it counts. Financial Managers in Cedar Rapids, IA.

Financial Managers salary in Cedar Rapids: questions

How much do financial managers make an hour in Cedar Rapids?

$71.48 an hour on average, and $64.43 at the median (BLS, May 2025).

What is the entry-level financial managers salary in Cedar Rapids?

The lowest-paid 10% earn about $82,310 a year and the 25th percentile is $100,600, a fair guide to starting pay.

What is the financial managers take-home pay in Cedar Rapids?

About $107,851 a year ($8,988 a month) for a single filer on the average salary of $148,680. Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Do financial managers earn more in Cedar Rapids than elsewhere?

The average here is 22% less than the U.S. metro average for this job ($189,775).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Cedar Rapids, IA (16300). Relative standard error of the mean wage: 1.7%.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.
  • Job concentration: location quotient 1.04, this job is about as common as in the U.S. overall.

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