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Business & Finance · Cleveland

Financial Examiners Salary

in Cleveland, OH

Financial Examiners in Cleveland, OH make a median of $46,960 a year, or about $22.58 an hour. The range runs from $41K at the entry level to $104K for experienced workers. Cost of living is below average (RPP 93.92), which stretches that salary to about $50,000 in buying power. A 2-bedroom apartment runs $1,279/month, about 39.9% of take-home, which is tight.

Our verdict:Doable, but rent will pinch
Median pay
$47K
per year, before taxes
Hourly
$22.58
median hourly rate
Starting out
$41K
10th percentile
Top earners
$104K
90th percentile

Where the paycheck goes

What $47K actually covers in Cleveland, month by month

Take-home pay
after estimated taxes
$3,265/mo
Rent
2-bedroom median (HUD)
-$1,279/mo
Groceries
scaled to local prices
-$368/mo
Utilities
power, water, internet
-$184/mo
Transportation
car, gas, transit
-$323/mo
Healthcare *
employee share only
-$214/mo
Rent as % of take-home39.2% ⚠ above 30% guideline
Left over each month$897/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Cleveland’s Regional Price Parity (93.92). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.

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About financial examiners

Education: Bachelor's degree
U.S. employed: 67,830
Cleveland, OH employed: 1,320
Category: Business & Finance

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What this looks like in Cleveland

Pay for financial examiners in Cleveland runs about 50% below the U.S. median of $94K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,279/month, which is 39.2% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 93.92 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for financial examiners.

Compared to nearby metros

Median pay for financial examiners in metros near Cleveland, adjusted for local cost of living.

MetroMedian payCOL-adjusted
Columbus$81K$85K
Cincinnati$78K$82K
Philadelphia-Camden-Wilmington$80K$78K
Pittsburgh$98K$103K

COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.

Compensation breakdown

Annual earnings by percentile, Cleveland, OH

Bar chart showing Financial Examiners salary percentiles in Cleveland, OH: 10th percentile $41,450, 25th percentile $46,960, median $46,960, 75th percentile $78,680, 90th percentile $103,660. Source: Bureau of Labor Statistics.10th$41K25th$47KMedian$47K75th$79K90th$104K
Bar chart showing Financial Examiners salary percentiles in Cleveland, OH: 10th percentile $41,450, 25th percentile $46,960, median $46,960, 75th percentile $78,680, 90th percentile $103,660. Source: Bureau of Labor Statistics.

Entry-level financial examiners (10th percentile) start around $41K. Mid-career wages sit at $47K. Top earners bring in $104K or more, a $62K spread from bottom to top.

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Financial Examiners pay across states

Median income ranked highest to lowest, compared to the national figure

View Financial Examiners salary in all states
StateMedian salaryvs. nationalEmployment
District of Columbia$199K+111%470
New York$129K+37%13,480
Connecticut$121K+28%N/A
Washington$114K+21%420
Massachusetts$111K+18%950
New Jersey$106K+13%2,190
California$106K+13%4,200
Minnesota$104K+11%1,280
Virginia$104K+11%1,280
Maryland$103K+9%350
North Carolina$101K+7%2,610
Colorado$100K+6%1,910
Oregon$95K+0%820
Rhode Island$94K-0%320
Illinois$93K-1%4,050
Delaware$92K-2%430
Utah$92K-2%960
Alaska$91K-4%50
South Dakota$89K-6%150
Tennessee$87K-7%500
South Carolina$86K-8%480
Wisconsin$86K-8%580
Mississippi$85K-9%420
Idaho$85K-9%210
Nevada$85K-10%180
Louisiana$84K-10%240
North Dakota$83K-12%220
Indiana$81K-14%420
Montana$81K-14%140
Maine$81K-14%230
New Hampshire$81K-14%130
Oklahoma$81K-14%400
Kansas$80K-15%470
Iowa$80K-15%1,020
Arizona$80K-15%1,910
Missouri$80K-15%2,290
Pennsylvania$79K-17%2,590
Texas$78K-17%5,230
Georgia$78K-17%1,450
Kentucky$76K-19%640
Florida$76K-19%4,190
Vermont$75K-21%170
Nebraska$74K-21%840
Michigan$71K-25%710
Ohio$69K-27%3,680
New Mexico$68K-28%220
Hawaii$63K-33%270
West Virginia$61K-36%240
Arkansas$58K-39%540
12345

Showing 1–10 of 49 states with published data

BLS does not publish data for every state when sample sizes are too small

Track financial examiners salary changes

BLS updates this data annually. We'll email you when Cleveland numbers change.

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Quick answers

The stuff people actually ask about this job

Can a financial examiner afford a 2BR apartment alone in Cleveland?

It’s a stretch — at the median salary of $47K, rent takes 39.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,279/month. The 30% guideline puts the comfortable ceiling at roughly $1,000/month in rent — so roommates or a 1-bedroom would ease the math significantly.

What’s the entry-level salary for financial examiners in Cleveland?

The 10th-percentile wage — what new financial examiners typically earn — is $41K/year. Take-home on that works out to about $2,909/month. At HUD’s $1,279/month FMR, rent would take 44% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Is financial examiner a high-paying job in Cleveland?

Local pay runs 50% below the national median — $47K here vs. $94K nationally. Cost of living is 6% below the national average, which narrows that gap in real purchasing power.

How does Cleveland compare to the national average for financial examiners?

Cleveland pays $47K median vs. the U.S. average of $94K — that’s -50%. After adjusting for local cost of living (RPP 93.92), the purchasing-power equivalent is $50K — below the national median.

How much do financial examiners make in Cleveland, OH?

The median is $46,960 a year, that works out to about $23 an hour. But the range is wide: entry-level workers start around $41,450, and experienced financial examiners can clear $103,660. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $47K enough to live in Cleveland?

On that salary, you'd take home roughly $3,265/month after taxes. A 2-bedroom here rents for about $1,279/month, which eats 39.2% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

How far does a financial examiners salary go in Cleveland?

Cleveland has a Regional Price Parity of 93.92 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial examiners salary is worth about $50,000 in national-average purchasing power.

Where do financial examiners get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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