Financial Managers Salary
Financial Managers in Miami-Fort Lauderdale-West Palm Beach, FL make a median of $164,230 a year, or about $78.96 an hour. The range runs from $86K at the entry level to $326K for experienced workers. Prices run high here (RPP 114.16), so that salary is closer to $143,859 in real purchasing power. Rent on a 2-bedroom averages $2,436/month, or 23% of estimated take-home pay.
So what does $164K get you in Miami-Fort Lauderdale-West Palm Beach?
Groceries, utilities, transportation, and healthcare scaled from national averages by Miami-Fort Lauderdale-West Palm Beach’s Regional Price Parity (114.16). 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 Miami-Fort Lauderdale-West Palm Beach
Financial managers pay in Miami-Fort Lauderdale-West Palm Beach tracks closely to the national median, $164K locally vs. $167K nationwide, a 1% difference. Housing is manageable: a 2-bedroom at the HUD median costs $2,436/month, 23.8% of take-home, well inside the 30% guideline. Cost-of-living overall is 14% above the national average (BEA RPP 114.16), so groceries and services cost more too. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial managers in metros near Miami-Fort Lauderdale-West Palm Beach, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Gainesville | $109K | $113K |
| Tampa-St. Petersburg-Clearwater | $157K | $156K |
| Orlando-Kissimmee-Sanford | $141K | $139K |
| Jacksonville | $139K | $140K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Miami-Fort Lauderdale-West Palm Beach, FL
Entry-level financial managers (10th percentile) start around $86K. Mid-career wages sit at $164K. Top earners bring in $326K or more, a $241K 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 Miami-Fort Lauderdale-West Palm Beach numbers change.
Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Miami-Fort Lauderdale-West Palm Beach?
Yes — at the median salary of $164K, rent takes 23.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,436/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Miami-Fort Lauderdale-West Palm Beach?
The 10th-percentile wage — what new financial managers typically earn — is $86K/year. Take-home on that works out to about $5,137/month. At HUD’s $2,436/month FMR, rent would take 47% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is financial manager a high-paying job in Miami-Fort Lauderdale-West Palm Beach?
Pay here is roughly in line with the national average — $164K locally vs. $167K nationally, a 1% difference.
How does Miami-Fort Lauderdale-West Palm Beach compare to the national average for financial managers?
Miami-Fort Lauderdale-West Palm Beach pays $164K median vs. the U.S. average of $167K — that’s -1%. After adjusting for local cost of living (RPP 114.16), the purchasing-power equivalent is $144K — below the national median.
How much do financial managers make in Miami-Fort Lauderdale-West Palm Beach, FL?
The median is $164,230 a year, that works out to about $79 an hour. But the range is wide: entry-level workers start around $85,610, and experienced financial managers can clear $326,280. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $164K enough to live in Miami-Fort Lauderdale-West Palm Beach?
On that salary, you'd take home roughly $10,250/month after taxes. A 2-bedroom here rents for about $2,436/month, which eats 23.8% 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 Miami-Fort Lauderdale-West Palm Beach?
Miami-Fort Lauderdale-West Palm Beach has a Regional Price Parity of 114.16 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median financial managers salary is worth about $143,859 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.