How to Become a Financial Managers in Ohio
Financial Managers in Ohio earn a median salary of $140,870/year, which is 15% below the national average. Ohio has a state income tax of ~2.5%. After taxes and rent, a financial managers takes home approximately $7,013/month. Most positions require Bachelor's degree.
What a financial managers can afford in Ohio
Becoming a financial managers in Ohio
Meet education requirements
Financial Managers positions in Ohio typically require Bachelor's degree. Programs are available at colleges and training institutions across Ohio. Research accredited programs in your area.
Gain required experience
Many financial managers positions in Ohio require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Ohio licensure or certification
Ohio may require specific licensing or professional certification for financial managerss. Requirements vary by state, contact the Ohio Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Ohio
Ohio employs 27,360 financial managers. The highest concentrations are in Cleveland and Cincinnati.
Financial Managers salary by metro area in Ohio
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Cleveland | $158K | $75.91/hr | 6,300 |
| Cincinnati | $153K | $73.41/hr | 6,340 |
| Columbus | $146K | $70.02/hr | 5,750 |
| Dayton-Kettering-Beavercreek | $137K | $65.94/hr | 1,290 |
| Akron | $136K | $65.31/hr | 1,460 |
| Canton-Massillon | $129K | $61.85/hr | 590 |
| Sandusky | $127K | $61.11/hr | 150 |
| Lima | $125K | $60.28/hr | 150 |
| Toledo | $125K | $60.26/hr | 1,060 |
| Springfield | $124K | $59.73/hr | 150 |
| Youngstown-Warren | $119K | $57.33/hr | 500 |
| Mansfield | $118K | $56.75/hr | 130 |
Financial Managers salary range in Ohio
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Ohio?▼
The median financial managers salary in Ohio is $140,870 per year ($67.73/hr). This is 15% below the national median of $166,570. Salaries range from $82,190 to $273,760.
What are the requirements to become a financial managers in Ohio?▼
Financial Managers positions in Ohio typically require Bachelor's degree. Ohio may have specific licensing or certification requirements. Check with the Ohio licensing board or department of labor for current requirements.
Can a financial managers afford to live in Ohio?▼
At the median salary of $140,870, a financial managers in Ohio would take home approximately $8,628/month after taxes. With median 2-bedroom rent at $1,615/month, that's 18.7% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Ohio?▼
The highest paying metro areas for financial managers in Ohio are Cleveland ($157,900), Cincinnati ($152,700), Columbus ($145,630). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Ohio have state income tax for financial managers?▼
Yes, Ohio has a state income tax rate of approximately 2.5%. On a $140,870 salary, this means roughly $3,501/year in state income tax. Use our take-home pay calculator for a detailed breakdown.