SOC 11-3031 · Mankato, MN metro

Financial Managers Salary in Mankato, MN

The average salary for financial managers in Mankato, Minnesota is $147,270 a year ($70.80 an hour), according to BLS estimates for May 2025. The median is $134,710: half of the 210 people in this job in the Mankato, MN 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).

$147,270average per year

$70.80 / hourMedian $134,710Take-home ≈ $103,197

  • $82K10th
  • $104K25th
  • $135KMedian
  • $170K75th
  • $221K90th

median average · bar = middle 50% of workers

210people in this job
-22%vs U.S. metro average
#4 of 5Minnesota metros
91cost of living (U.S. = 100)
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Financial Managers pay range in Mankato

New workers and the lowest-paid 10% earn about $81,640 a year or less, while the top 10% make $220,990 or more. The middle half of financial managers in Mankato earn between $104,340 and $170,100.

  • $82K10th
  • $104K25th
  • $135KMedian
  • $170K75th
  • $221K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$147,270$12,272$70.80
Median$134,710$11,226$64.76
Entry level (25th percentile)$104,340$8,695$50.16
Experienced (75th percentile)$170,100$14,175$81.78

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

Financial Managers salary after taxes in Mankato

On the average salary of $147,270, a single filer in Mankato takes home about $103,197 a year, or $8,600 a month and $3,969 every two weeks. Taxes take 30% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.

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

Prices in the Mankato area are 9% below the U.S. average (BEA price parity 91.0), so the average $147,270 buys what about $161,915 would buy in a typical U.S. metro. This job pays 2.7 times the median wage of all jobs in Mankato ($49,530). A typical home costs $309,967, or 2.1 years of this average salary before tax.

See what $147,270 is worth in another city

Financial Managers salary in other Minnesota cities

Mankato ranks 4th of 5 Minnesota metro areas for this job; Minneapolis pays the most ($183,030).

All Financial Managers salaries in Minnesota

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 Mankato, MN.

Financial Managers salary in Mankato: questions

How much do financial managers make an hour in Mankato?

$70.80 an hour on average, and $64.76 at the median (BLS, May 2025).

What is the entry-level financial managers salary in Mankato?

The lowest-paid 10% earn about $81,640 a year and the 25th percentile is $104,340, a fair guide to starting pay.

What is the financial managers take-home pay in Mankato?

About $103,197 a year ($8,600 a month) for a single filer on the average salary of $147,270. Minnesota Paid Leave premiums are not included.

Do financial managers earn more in Mankato 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 Mankato, MN (31860). Relative standard error of the mean wage: 2.8%.
  • 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). Minnesota Paid Leave premiums are not included.
  • Job concentration: location quotient 0.70, this job is less common than in the U.S. overall (location quotient 0.70).

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