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 level | Per year | Per month | Per 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.
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.
Financial Managers salary in other Minnesota cities
Mankato ranks 4th of 5 Minnesota metro areas for this job; Minneapolis pays the most ($183,030).
- Minneapolis$183,030
- Rochester$173,120
- St. Cloud$154,860
- Mankato$147,270
- Duluth$136,180
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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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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