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Management · Connecticut

How to Become a Financial Managers in Connecticut

Financial Managers in Connecticut earn a median salary of $174,830/year, which is 5% above the national average. Connecticut has a state income tax of ~5.5%. After taxes and rent, a financial managers takes home approximately $8,915/month. Most positions require Bachelor's degree.

$175K
Median salary in Connecticut
+5%
vs. national average
5.5%
State income tax
20,040
Employed in Connecticut

What a financial managers can afford in Connecticut

Gross annual salary$174,830
Est. monthly take-home (after fed + 5.5% state tax)$10,059/mo
Median 2BR rent (Connecticut)-$1,144/mo
Rent as % of take-home11.4% (within guideline)
Cost-of-living adjusted salary$174,830/yr (RPP: 100)
Monthly remaining after rent$8,915/mo

Becoming a financial managers in Connecticut

1

Meet education requirements

Financial Managers positions in Connecticut typically require Bachelor's degree. Programs are available at colleges and training institutions across Connecticut. Research accredited programs in your area.

2

Gain required experience

Many financial managers positions in Connecticut require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Connecticut licensure or certification

Connecticut may require specific licensing or professional certification for financial managerss. Requirements vary by state, contact the Connecticut Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Connecticut

Connecticut employs 20,040 financial managers. The highest concentrations are in Bridgeport-Stamford-Danbury and Hartford-West Hartford-East Hartford.

Financial Managers salary by metro area in Connecticut

Metro areaMedianHourlyEmployment
Bridgeport-Stamford-Danbury$211K$101.44/hr7,210
Hartford-West Hartford-East Hartford$170K$81.88/hr7,540
Waterbury-Shelton$167K$80.44/hr1,090
New Haven$167K$80.29/hr2,030
Norwich-New London-Willimantic$154K$74.13/hr680

Financial Managers salary range in Connecticut

10th percentile (entry)
$99K
25th percentile
$136K
Median (50th)
$175K
75th percentile
$233K
90th percentile (senior)
$333K
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Full financial managers salary breakdown in Connecticut
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Frequently asked questions

How much does a financial managers make in Connecticut?

The median financial managers salary in Connecticut is $174,830 per year ($84.05/hr). This is 5% above the national median of $166,570. Salaries range from $98,540 to $333,370.

What are the requirements to become a financial managers in Connecticut?

Financial Managers positions in Connecticut typically require Bachelor's degree. Connecticut may have specific licensing or certification requirements. Check with the Connecticut licensing board or department of labor for current requirements.

Can a financial managers afford to live in Connecticut?

At the median salary of $174,830, a financial managers in Connecticut would take home approximately $10,059/month after taxes. With median 2-bedroom rent at $1,144/month, that's 11.4% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for financial managers in Connecticut?

The highest paying metro areas for financial managers in Connecticut are Bridgeport-Stamford-Danbury ($211,000), Hartford-West Hartford-East Hartford ($170,310), Waterbury-Shelton ($167,320). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.

Does Connecticut have state income tax for financial managers?

Yes, Connecticut has a state income tax rate of approximately 5.5%. On a $174,830 salary, this means roughly $9,540/year in state income tax. Use our take-home pay calculator for a detailed breakdown.