How to Become a Financial Managers in Louisiana
Financial Managers in Louisiana earn a median salary of $119,360/year, which is 26% below the national average. Louisiana has a state income tax of ~3.8%. After taxes and rent, a financial managers takes home approximately $5,908/month. Most positions require Bachelor's degree.
What a financial managers can afford in Louisiana
Becoming a financial managers in Louisiana
Meet education requirements
Financial Managers positions in Louisiana typically require Bachelor's degree. Programs are available at colleges and training institutions across Louisiana. Research accredited programs in your area.
Gain required experience
Many financial managers positions in Louisiana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Louisiana licensure or certification
Louisiana may require specific licensing or professional certification for financial managerss. Requirements vary by state — contact the Louisiana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Louisiana
Louisiana employs 7,320 financial managers. The highest concentrations are in New Orleans-Metairie and Lake Charles.
Financial Managers salary by metro area in Louisiana
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| New Orleans-Metairie | $128K | $61.47/hr | 1,940 |
| Lake Charles | $128K | $61.37/hr | 230 |
| Slidell-Mandeville-Covington | $126K | $60.4/hr | 470 |
| Hammond | $121K | $58.19/hr | 110 |
| Houma-Bayou Cane-Thibodaux | $121K | $58.03/hr | 250 |
| Baton Rouge | $117K | $56.49/hr | 1,790 |
| Shreveport-Bossier City | $117K | $56.24/hr | 600 |
| Monroe | $115K | $55.38/hr | 260 |
| Lafayette | $105K | $50.62/hr | 630 |
| Alexandria | $104K | $50.23/hr | 180 |
Financial Managers salary range in Louisiana
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Louisiana?▼
The median financial managers salary in Louisiana is $119,360 per year ($57.38/hr). This is 26% below the national median of $161,700. Salaries range from $72,840 to $208,880.
What are the requirements to become a financial managers in Louisiana?▼
Financial Managers positions in Louisiana typically require Bachelor's degree. Louisiana may have specific licensing or certification requirements. Check with the Louisiana licensing board or department of labor for current requirements.
Can a financial managers afford to live in Louisiana?▼
At the median salary of $119,360, a financial managers in Louisiana would take home approximately $7,320/month after taxes. With median 2-bedroom rent at $1,412/month, that's 19.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Louisiana?▼
The highest paying metro areas for financial managers in Louisiana are New Orleans-Metairie ($127,860), Lake Charles ($127,640), Slidell-Mandeville-Covington ($125,630). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Louisiana have state income tax for financial managers?▼
Yes, Louisiana has a state income tax rate of approximately 3.8%. On a $119,360 salary, this means roughly $4,492/year in state income tax. Use our take-home pay calculator for a detailed breakdown.