Financial Managers Salary
Financial Managers in Des Moines-West Des Moines, IA make a median of $154,140 a year, or about $74.11 an hour. The range runs from $94K at the entry level to $264K for experienced workers. Cost of living is below average (RPP 91.7), which stretches that salary to about $168,092 in buying power. Rent on a 2-bedroom averages $1,318/month, or 14.1% of estimated take-home pay.
So what does $154K get you in Des Moines-West Des Moines?
Groceries, utilities, transportation, and healthcare scaled from national averages by Des Moines-West Des Moines’s Regional Price Parity (91.7). 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 Des Moines-West Des Moines
Financial managers pay in Des Moines-West Des Moines tracks closely to the national median, $154K locally vs. $167K nationwide, a 7% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,318/month, 14.7% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.7 (national = 100), meaning everyday costs run about 8% 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 Des Moines-West Des Moines, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Davenport-Moline-Rock Island | $139K | $156K |
| Cedar Rapids | $134K | $151K |
| Dubuque | $127K | $145K |
| Iowa City | $132K | $144K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Des Moines-West Des Moines, IA
Entry-level financial managers (10th percentile) start around $94K. Mid-career wages sit at $154K. Top earners bring in $264K or more, a $170K 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
BLS updates this data quarterly. We'll email you when Des Moines-West Des Moines numbers change.
Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Des Moines-West Des Moines?
Yes — at the median salary of $154K, rent takes 14.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,318/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Des Moines-West Des Moines?
The 10th-percentile wage — what new financial managers typically earn — is $94K/year. Take-home on that works out to about $5,654/month. At HUD’s $1,318/month FMR, rent would take 23% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Des Moines-West Des Moines?
Pay here is roughly in line with the national average — $154K locally vs. $167K nationally, a 7% difference.
How does Des Moines-West Des Moines compare to the national average for financial managers?
Des Moines-West Des Moines pays $154K median vs. the U.S. average of $167K — that’s -7%. After adjusting for local cost of living (RPP 91.7), the purchasing-power equivalent is $168K — still ahead of the national median.
How much do financial managers make in Des Moines-West Des Moines, IA?
The median is $154,140 a year, that works out to about $74 an hour. But the range is wide: entry-level workers start around $94,230, and experienced financial managers can clear $263,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $154K enough to live in Des Moines-West Des Moines?
On that salary, you'd take home roughly $8,979/month after taxes. A 2-bedroom here rents for about $1,318/month, which eats 14.7% 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 Des Moines-West Des Moines?
Des Moines-West Des Moines has a Regional Price Parity of 91.7 (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 $168,092 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.