Financial Managers Salary
Financial Managers in Kentucky make a median of $130,650 a year, or about $62.81 an hour. The range runs from $82K at the entry level to $223K for experienced workers. Cost of living is below average (RPP 90.23), which stretches that salary to about $144,797 in buying power. Rent on a 2-bedroom averages $1,110/month, or 14% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Kentucky. Jump to a metro for precise data:
So what does $131K get you in Kentucky?
About financial managers
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What this looks like in Kentucky
Pay for financial managers in Kentucky runs about 22% below the U.S. median of $167K. Housing is manageable: a 2-bedroom at the HUD median costs $1,110/month, 14% of take-home, well inside the 30% guideline. Regional Price Parity sits at 90.23 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Kentucky can be a reasonable trade-off for financial managerss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Kentucky
Entry-level financial managers (10th percentile) start around $82K. Mid-career wages sit at $131K. Top earners bring in $223K or more, a $141K spread from bottom to top.
Financial Managers salary by metro in Kentucky
6 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Louisville/Jefferson County | $137K | +5% | 2,670 |
| Lexington-Fayette | $136K | +4% | 940 |
| Elizabethtown | $125K | -4% | 160 |
| Bowling Green | $119K | -9% | 270 |
| Paducah | $114K | -12% | 130 |
| Owensboro | $107K | -18% | 180 |
Compare to other states
Track financial managers salary changes
BLS updates this data quarterly. We'll email you when Kentucky numbers change.
Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Kentucky?
Yes — at the median salary of $131K, rent takes 14% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,110/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Kentucky?
The 10th-percentile wage — what new financial managers typically earn — is $82K/year. Take-home on that works out to about $4,927/month. At HUD’s $1,110/month FMR, rent would take 23% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Kentucky?
Local pay runs 22% below the national median — $131K here vs. $167K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.
How does Kentucky compare to the national average for financial managers?
Kentucky pays $131K median vs. the U.S. average of $167K — that’s -22%. After adjusting for local cost of living (RPP 90.23), the purchasing-power equivalent is $145K — below the national median.
How much do financial managers make in Kentucky?
The median is $130,650 a year, that works out to about $63 an hour. But the range is wide: entry-level workers start around $82,110, and experienced financial managers can clear $223,290. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $131K enough to live in Kentucky?
On that salary, you'd take home roughly $7,902/month after taxes. A 2-bedroom here rents for about $1,110/month, which eats 14% 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 Kentucky?
Kentucky has a Regional Price Parity of 90.23 (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 $144,797 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.