How to Become a Financial Managers in Rhode Island
Financial Managers in Rhode Island earn a median salary of $160,490/year, which is 1% below the national average. Rhode Island has a state income tax of ~4.0%. After taxes and rent, a financial managers takes home approximately $8,091/month. Most positions require Bachelor's degree.
What a financial managers can afford in Rhode Island
Becoming a financial managers in Rhode Island
Meet education requirements
Financial Managers positions in Rhode Island typically require Bachelor's degree. Programs are available at colleges and training institutions across Rhode Island. Research accredited programs in your area.
Gain required experience
Many financial managers positions in Rhode Island require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Rhode Island licensure or certification
Rhode Island may require specific licensing or professional certification for financial managerss. Requirements vary by state — contact the Rhode Island Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Rhode Island
Rhode Island employs 2,310 financial managers. The highest concentrations are in Providence-Warwick.
Financial Managers salary by metro area in Rhode Island
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Providence-Warwick | $160K | $76.7/hr | 3,090 |
Financial Managers salary range in Rhode Island
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Rhode Island?▼
The median financial managers salary in Rhode Island is $160,490 per year ($77.16/hr). This is 1% below the national median of $161,700. Salaries range from $98,940 to $0.
What are the requirements to become a financial managers in Rhode Island?▼
Financial Managers positions in Rhode Island typically require Bachelor's degree. Rhode Island may have specific licensing or certification requirements. Check with the Rhode Island licensing board or department of labor for current requirements.
Can a financial managers afford to live in Rhode Island?▼
At the median salary of $160,490, a financial managers in Rhode Island would take home approximately $9,503/month after taxes. With median 2-bedroom rent at $1,412/month, that's 14.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Rhode Island?▼
The highest paying metro areas for financial managers in Rhode Island are Providence-Warwick ($159,530). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Rhode Island have state income tax for financial managers?▼
Yes, Rhode Island has a state income tax rate of approximately 4.0%. On a $160,490 salary, this means roughly $6,411/year in state income tax. Use our take-home pay calculator for a detailed breakdown.