Financial Managers pay range in Madison
New workers and the lowest-paid 10% earn about $83,830 a year or less, while the top 10% make $253,800 or more. The middle half of financial managers in Madison earn between $110,010 and $197,620.
- $84K10th
- $110K25th
- $149KMedian
- $198K75th
- $254K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $161,760 | $13,480 | $77.77 |
| Median | $148,970 | $12,414 | $71.62 |
| Entry level (25th percentile) | $110,010 | $9,168 | $52.89 |
| Experienced (75th percentile) | $197,620 | $16,468 | $95.01 |
*Hourly figures assume 2,080 paid hours a year.
Financial Managers salary after taxes in Madison
On the average salary of $161,760, a single filer in Madison takes home about $113,896 a year, or $9,491 a month and $4,381 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).
Is Madison a good place for financial managers? Pay vs. cost of living
Prices in the Madison area are 3% below the U.S. average (BEA price parity 97.3), so the average $161,760 buys what about $166,271 would buy in a typical U.S. metro. This job pays 2.6 times the median wage of all jobs in Madison ($58,080). A typical home costs $452,769, or 2.8 years of this average salary before tax.
Financial Managers salary in other Wisconsin cities
Madison ranks 2nd of 13 Wisconsin metro areas for this job; Milwaukee pays the most ($164,260).
- Milwaukee$164,260
- Madison$161,760
- Sheboygan$159,310
- Fond du Lac$157,980
- Janesville$155,910
- Green Bay$155,790
- Kenosha$155,630
- Oshkosh$153,710
- Eau Claire$150,490
- Appleton$149,090
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 Madison: questions
How much do financial managers make an hour in Madison?
$77.77 an hour on average, and $71.62 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Madison?
The lowest-paid 10% earn about $83,830 a year and the 25th percentile is $110,010, a fair guide to starting pay.
What is the financial managers take-home pay in Madison?
About $113,896 a year ($9,491 a month) for a single filer on the average salary of $161,760.
Do financial managers earn more in Madison than elsewhere?
The average here is 15% 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 Madison, WI (31540). Relative standard error of the mean wage: 1.2%.
- 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).
- Job concentration: location quotient 1.05, this job is about as common as in the U.S. overall.
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