Financial Managers pay range in Sherman
New workers and the lowest-paid 10% earn about $80,150 a year or less, while the top 10% make $240,000 or more. The middle half of financial managers in Sherman earn between $94,980 and $172,490.
- $80K10th
- $95K25th
- $126KMedian
- $172K75th
- $240K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $143,860 | $11,988 | $69.16 |
| Median | $125,850 | $10,488 | $60.50 |
| Entry level (25th percentile) | $94,980 | $7,915 | $45.66 |
| Experienced (75th percentile) | $172,490 | $14,374 | $82.93 |
*Hourly figures assume 2,080 paid hours a year.
Financial Managers salary after taxes in Sherman
On the average salary of $143,860, a single filer in Sherman takes home about $109,594 a year, or $9,133 a month and $4,215 every two weeks. Taxes take 24% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Sherman a good place for financial managers? Pay vs. cost of living
Prices in the Sherman area are 6% below the U.S. average (BEA price parity 93.8), so the average $143,860 buys what about $153,416 would buy in a typical U.S. metro. This job pays 2.8 times the median wage of all jobs in Sherman ($44,610). A typical home costs $291,269, or 2.0 years of this average salary before tax.
Financial Managers salary in other Texas cities
Sherman ranks 20th of 25 Texas metro areas for this job; Midland pays the most ($200,930).
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 Sherman: questions
How much do financial managers make an hour in Sherman?
$69.16 an hour on average, and $60.50 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Sherman?
The lowest-paid 10% earn about $80,150 a year and the 25th percentile is $94,980, a fair guide to starting pay.
What is the financial managers take-home pay in Sherman?
About $109,594 a year ($9,133 a month) for a single filer on the average salary of $143,860. Texas has no state income tax.
Do financial managers earn more in Sherman than elsewhere?
The average here is 24% 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 Sherman-Denison, TX (43300). Relative standard error of the mean wage: 2.1%.
- 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 no state income tax.
- Job concentration: location quotient 0.42, this job is less common than in the U.S. overall (location quotient 0.42).
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