How to Become a Financial Managers in Pennsylvania
Financial Managers in Pennsylvania earn a median salary of $145,610/year, which is 13% below the national average. Pennsylvania has a state income tax of ~3.1%. After taxes and rent, a financial managers takes home approximately $7,410/month. Most positions require Bachelor's degree.
What a financial managers can afford in Pennsylvania
Becoming a financial managers in Pennsylvania
Meet education requirements
Financial Managers positions in Pennsylvania typically require Bachelor's degree. Programs are available at colleges and training institutions across Pennsylvania. Research accredited programs in your area.
Gain required experience
Many financial managers positions in Pennsylvania require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Pennsylvania licensure or certification
Pennsylvania may require specific licensing or professional certification for financial managerss. Requirements vary by state, contact the Pennsylvania Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Pennsylvania
Pennsylvania employs 32,180 financial managers. The highest concentrations are in Philadelphia-Camden-Wilmington and Allentown-Bethlehem-Easton.
Financial Managers salary by metro area in Pennsylvania
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Philadelphia-Camden-Wilmington | $167K | $80.25/hr | 18,520 |
| Allentown-Bethlehem-Easton | $146K | $70.21/hr | 1,390 |
| Pittsburgh | $136K | $65.54/hr | 6,460 |
| Lancaster | $134K | $64.56/hr | 950 |
| Reading | $134K | $64.37/hr | 760 |
| Harrisburg-Carlisle | $133K | $63.98/hr | 1,660 |
| York-Hanover | $133K | $63.96/hr | 640 |
| Chambersburg | $133K | $63.74/hr | 190 |
| State College | $126K | $60.36/hr | 260 |
| Scranton--Wilkes-Barre | $125K | $60.06/hr | 920 |
| Williamsport | $123K | $59.07/hr | 160 |
| Erie | $122K | $58.44/hr | 430 |
| Lebanon | $121K | $58.18/hr | 120 |
| Gettysburg | $118K | $56.61/hr | 110 |
| Altoona | $114K | $54.8/hr | 230 |
Financial Managers salary range in Pennsylvania
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Pennsylvania?▼
The median financial managers salary in Pennsylvania is $145,610 per year ($70.01/hr). This is 13% below the national median of $166,570. Salaries range from $83,180 to $286,240.
What are the requirements to become a financial managers in Pennsylvania?▼
Financial Managers positions in Pennsylvania typically require Bachelor's degree. Pennsylvania may have specific licensing or certification requirements. Check with the Pennsylvania licensing board or department of labor for current requirements.
Can a financial managers afford to live in Pennsylvania?▼
At the median salary of $145,610, a financial managers in Pennsylvania would take home approximately $8,817/month after taxes. With median 2-bedroom rent at $1,407/month, that's 16% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Pennsylvania?▼
The highest paying metro areas for financial managers in Pennsylvania are Philadelphia-Camden-Wilmington ($166,920), Allentown-Bethlehem-Easton ($146,030), Pittsburgh ($136,330). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Pennsylvania have state income tax for financial managers?▼
Yes, Pennsylvania has a state income tax rate of approximately 3.1%. On a $145,610 salary, this means roughly $4,470/year in state income tax. Use our take-home pay calculator for a detailed breakdown.