How to Become a Financial Managers in Mississippi
Financial Managers in Mississippi earn a median salary of $105,970/year, which is 34% below the national average. Mississippi has a state income tax of ~4.7%. After taxes and rent, a financial managers takes home approximately $5,084/month. Most positions require Bachelor's degree.
What a financial managers can afford in Mississippi
Becoming a financial managers in Mississippi
Meet education requirements
Financial Managers positions in Mississippi typically require Bachelor's degree. Programs are available at colleges and training institutions across Mississippi. Research accredited programs in your area.
Gain required experience
Many financial managers positions in Mississippi require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Mississippi licensure or certification
Mississippi may require specific licensing or professional certification for financial managerss. Requirements vary by state — contact the Mississippi Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Mississippi
Mississippi employs 3,730 financial managers. The highest concentrations are in Jackson and Gulfport-Biloxi.
Financial Managers salary by metro area in Mississippi
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Jackson | $106K | $51.02/hr | 1,030 |
| Gulfport-Biloxi | $105K | $50.67/hr | 460 |
| Hattiesburg | $103K | $49.62/hr | 230 |
Financial Managers salary range in Mississippi
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Mississippi?▼
The median financial managers salary in Mississippi is $105,970 per year ($50.95/hr). This is 34% below the national median of $161,700. Salaries range from $56,880 to $202,320.
What are the requirements to become a financial managers in Mississippi?▼
Financial Managers positions in Mississippi typically require Bachelor's degree. Mississippi may have specific licensing or certification requirements. Check with the Mississippi licensing board or department of labor for current requirements.
Can a financial managers afford to live in Mississippi?▼
At the median salary of $105,970, a financial managers in Mississippi would take home approximately $6,496/month after taxes. With median 2-bedroom rent at $1,412/month, that's 21.7% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Mississippi?▼
The highest paying metro areas for financial managers in Mississippi are Jackson ($106,110), Gulfport-Biloxi ($105,390), Hattiesburg ($103,220). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Mississippi have state income tax for financial managers?▼
Yes, Mississippi has a state income tax rate of approximately 4.7%. On a $105,970 salary, this means roughly $4,981/year in state income tax. Use our take-home pay calculator for a detailed breakdown.