Financial Managers Salary
Financial Managers in Binghamton, NY make a median of $160,780 a year, or about $77.3 an hour. The range runs from $89K at the entry level to $295K for experienced workers. Cost of living is below average (RPP 92.86), which stretches that salary to about $173,142 in buying power. Rent on a 2-bedroom averages $1,103/month, or 11.6% of estimated take-home pay.
So what does $161K get you in Binghamton?
Groceries, utilities, transportation, and healthcare scaled from national averages by Binghamton’s Regional Price Parity (92.86). 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 managers
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What this looks like in Binghamton
Financial managers pay in Binghamton tracks closely to the national median, $161K locally vs. $167K nationwide, a 3% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,103/month, 11.8% of take-home, well inside the 30% guideline. Regional Price Parity sits at 92.86 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial managers in metros near Binghamton, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| New York-Newark-Jersey City | $221K | $196K |
| Albany-Schenectady-Troy | $151K | $151K |
| Buffalo-Cheektowaga | $164K | $171K |
| Rochester | $168K | $173K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Binghamton, NY
Entry-level financial managers (10th percentile) start around $89K. Mid-career wages sit at $161K. Top earners bring in $295K or more, a $206K spread from bottom to top.
Financial Managers pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial Managers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $220K | +32% | 80,810 |
| Massachusetts | $207K | +24% | 26,150 |
| New Jersey | $199K | +20% | 32,510 |
| District of Columbia | $189K | +13% | 8,930 |
| Virginia | $185K | +11% | 20,850 |
| Colorado | $183K | +10% | 10,640 |
| Delaware | $182K | +9% | 2,810 |
| California | $181K | +9% | 93,310 |
| Washington | $175K | +5% | 12,930 |
| Connecticut | $175K | +5% | 20,040 |
| Rhode Island | $167K | +0% | 2,570 |
| Georgia | $167K | +0% | 21,390 |
| North Carolina | $167K | +0% | 22,460 |
| Illinois | $166K | -0% | 52,720 |
| Texas | $165K | -1% | 71,870 |
| Minnesota | $163K | -2% | 16,680 |
| South Dakota | $160K | -4% | 1,000 |
| Kansas | $159K | -4% | 5,190 |
| Maryland | $159K | -5% | 19,770 |
| Oregon | $156K | -6% | 7,610 |
| Florida | $153K | -8% | 48,910 |
| Utah | $150K | -10% | 8,860 |
| Pennsylvania | $146K | -13% | 32,180 |
| New Hampshire | $145K | -13% | 4,330 |
| Missouri | $143K | -14% | 13,330 |
| Tennessee | $141K | -15% | 17,630 |
| Ohio | $141K | -15% | 27,360 |
| Alabama | $141K | -16% | 7,200 |
| Nebraska | $140K | -16% | 5,630 |
| Arizona | $140K | -16% | 14,900 |
| Wisconsin | $140K | -16% | 15,530 |
| Michigan | $139K | -16% | 22,490 |
| South Carolina | $136K | -18% | 9,020 |
| North Dakota | $136K | -18% | 2,140 |
| Indiana | $136K | -18% | 12,560 |
| Hawaii | $134K | -19% | 3,790 |
| New Mexico | $134K | -20% | 2,530 |
| Maine | $134K | -20% | 3,120 |
| Iowa | $133K | -20% | 9,130 |
| Nevada | $132K | -20% | 8,090 |
| Oklahoma | $132K | -20% | 6,670 |
| Montana | $131K | -21% | 1,510 |
| Kentucky | $131K | -22% | 6,630 |
| Vermont | $129K | -23% | 1,790 |
| Idaho | $127K | -24% | 3,120 |
| Alaska | $127K | -24% | 2,020 |
| Louisiana | $127K | -24% | 7,070 |
| Wyoming | $125K | -25% | 730 |
| Arkansas | $117K | -30% | 7,120 |
| West Virginia | $113K | -32% | 2,610 |
| Mississippi | $111K | -33% | 3,470 |
Showing 1–10 of 51 (all 50 states + DC)
Track financial managers salary changes
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Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Binghamton?
Yes — at the median salary of $161K, rent takes 11.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,103/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Binghamton?
The 10th-percentile wage — what new financial managers typically earn — is $89K/year. Take-home on that works out to about $5,361/month. At HUD’s $1,103/month FMR, rent would take 21% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Binghamton?
Pay here is roughly in line with the national average — $161K locally vs. $167K nationally, a 3% difference.
How does Binghamton compare to the national average for financial managers?
Binghamton pays $161K median vs. the U.S. average of $167K — that’s -3%. After adjusting for local cost of living (RPP 92.86), the purchasing-power equivalent is $173K — still ahead of the national median.
How much do financial managers make in Binghamton, NY?
The median is $160,780 a year, that works out to about $77 an hour. But the range is wide: entry-level workers start around $89,350, and experienced financial managers can clear $295,030. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $161K enough to live in Binghamton?
On that salary, you'd take home roughly $9,337/month after taxes. A 2-bedroom here rents for about $1,103/month, which eats 11.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial managers salary go in Binghamton?
Binghamton has a Regional Price Parity of 92.86 (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 managers salary is worth about $173,142 in national-average purchasing power.
Where do financial managers 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.