Financial Managers Salary
Financial Managers in Iowa make a median of $133,320 a year, or about $64.1 an hour. The range runs from $80K at the entry level to $226K for experienced workers. Cost of living is below average (RPP 88.86), which stretches that salary to about $150,034 in buying power. Rent on a 2-bedroom averages $1,064/month, or 13.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Iowa. Jump to a metro for precise data:
So what does $133K get you in Iowa?
About financial managers
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What this looks like in Iowa
Pay for financial managers in Iowa runs about 20% below the U.S. median of $167K. Housing is manageable: a 2-bedroom at the HUD median costs $1,064/month, 13.5% of take-home, well inside the 30% guideline. Regional Price Parity sits at 88.86 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Iowa can be a reasonable trade-off for financial managerss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Iowa
Entry-level financial managers (10th percentile) start around $80K. Mid-career wages sit at $133K. Top earners bring in $226K or more, a $146K spread from bottom to top.
Financial Managers salary by metro in Iowa
8 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Des Moines-West Des Moines | $154K | +16% | 3,800 |
| Davenport-Moline-Rock Island | $139K | +4% | 1,070 |
| Sioux City | $135K | +1% | 230 |
| Cedar Rapids | $134K | +1% | 780 |
| Iowa City | $132K | -1% | 390 |
| Dubuque | $127K | -5% | 390 |
| Waterloo-Cedar Falls | $126K | -6% | 370 |
| Ames | $124K | -7% | 220 |
Compare to other states
Track financial managers salary changes
BLS updates this data quarterly. We'll email you when Iowa numbers change.
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Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Iowa?
Yes — at the median salary of $133K, rent takes 13.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,064/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Iowa?
The 10th-percentile wage — what new financial managers typically earn — is $80K/year. Take-home on that works out to about $4,801/month. At HUD’s $1,064/month FMR, rent would take 22% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Iowa?
Local pay runs 20% below the national median — $133K here vs. $167K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Iowa compare to the national average for financial managers?
Iowa pays $133K median vs. the U.S. average of $167K — that’s -20%. After adjusting for local cost of living (RPP 88.86), the purchasing-power equivalent is $150K — below the national median.
How much do financial managers make in Iowa?
The median is $133,320 a year, that works out to about $64 an hour. But the range is wide: entry-level workers start around $80,020, and experienced financial managers can clear $225,920. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $133K enough to live in Iowa?
On that salary, you'd take home roughly $7,892/month after taxes. A 2-bedroom here rents for about $1,064/month, which eats 13.5% 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 Iowa?
Iowa has a Regional Price Parity of 88.86 (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 $150,034 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.