Financial Examiners Salary
Financial Examiners in Waterloo-Cedar Falls, IA make a median of $69,360 a year, or about $33.35 an hour. The range runs from $59K at the entry level to $124K for experienced workers. Cost of living is below average (RPP 87.06), which stretches that salary to about $79,669 in buying power. Rent on a 2-bedroom averages $1,051/month, or 23.1% of estimated take-home pay.
So what does $69K get you in Waterloo-Cedar Falls?
Groceries, utilities, transportation, and healthcare scaled from national averages by Waterloo-Cedar Falls’s Regional Price Parity (87.06). 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.
About financial examiners
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What this looks like in Waterloo-Cedar Falls
Pay for financial examiners in Waterloo-Cedar Falls runs about 26% below the U.S. median of $94K. Housing is manageable: a 2-bedroom at the HUD median costs $1,051/month, 23.5% of take-home, well inside the 30% guideline. Regional Price Parity sits at 87.06 (national = 100), meaning everyday costs run about 13% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Waterloo-Cedar Falls can be a reasonable trade-off for financial examinerss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for financial examiners in metros near Waterloo-Cedar Falls, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Des Moines-West Des Moines | $85K | $93K |
| Cedar Rapids | $83K | $93K |
| Davenport-Moline-Rock Island | $66K | $74K |
| Iowa City | $65K | $71K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Waterloo-Cedar Falls, IA
Entry-level financial examiners (10th percentile) start around $59K. Mid-career wages sit at $69K. Top earners bring in $124K or more, a $65K spread from bottom to top.
Financial Examiners pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial Examiners salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| 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 |
Showing 1–10 of 49 states
BLS does not publish data for every state when sample sizes are too small
Track financial examiners salary changes
BLS updates this data quarterly. We'll email you when Waterloo-Cedar Falls numbers change.
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Frequently asked questions
Can a financial examiner afford a 2BR apartment alone in Waterloo-Cedar Falls?
Yes — at the median salary of $69K, rent takes 23.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,051/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial examiners in Waterloo-Cedar Falls?
The 10th-percentile wage — what new financial examiners typically earn — is $59K/year. Take-home on that works out to about $3,563/month. At HUD’s $1,051/month FMR, rent would take 29% of that take-home — manageable on an entry-level income.
Is financial examiner a high-paying job in Waterloo-Cedar Falls?
Local pay runs 26% below the national median — $69K here vs. $94K nationally. Cost of living is 13% below the national average, which narrows that gap in real purchasing power.
How does Waterloo-Cedar Falls compare to the national average for financial examiners?
Waterloo-Cedar Falls pays $69K median vs. the U.S. average of $94K — that’s -26%. After adjusting for local cost of living (RPP 87.06), the purchasing-power equivalent is $80K — below the national median.
How much do financial examiners make in Waterloo-Cedar Falls, IA?
The median is $69,360 a year, that works out to about $33 an hour. But the range is wide: entry-level workers start around $59,390, and experienced financial examiners can clear $123,990. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $69K enough to live in Waterloo-Cedar Falls?
On that salary, you'd take home roughly $4,471/month after taxes. A 2-bedroom here rents for about $1,051/month, which eats 23.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial examiners salary go in Waterloo-Cedar Falls?
Waterloo-Cedar Falls has a Regional Price Parity of 87.06 (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 $79,669 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.