Financial Managers Salary
Financial Managers in Rochester, NY make a median of $167,800 a year, or about $80.67 an hour. The range runs from $100K at the entry level to $296K for experienced workers. Adjusted for local prices (RPP 97.03), that's roughly $172,936 in purchasing power. Rent on a 2-bedroom averages $1,573/month, or 15.9% of estimated take-home pay.
So what does $168K get you in Rochester?
Groceries, utilities, transportation, and healthcare scaled from national averages by Rochester’s Regional Price Parity (97.03). 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 Rochester
Financial managers pay in Rochester tracks closely to the national median, $168K locally vs. $167K nationwide, a 1% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,573/month, 16.2% of take-home, well inside the 30% guideline. Cost of living (RPP 97.03) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial managers in metros near Rochester, 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 |
| Syracuse | $169K | $177K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Rochester, NY
Entry-level financial managers (10th percentile) start around $100K. Mid-career wages sit at $168K. Top earners bring in $296K or more, a $196K 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 Rochester numbers change.
Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Rochester?
Yes — at the median salary of $168K, rent takes 16.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,573/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Rochester?
The 10th-percentile wage — what new financial managers typically earn — is $100K/year. Take-home on that works out to about $5,999/month. At HUD’s $1,573/month FMR, rent would take 26% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Rochester?
Pay here is roughly in line with the national average — $168K locally vs. $167K nationally, a 1% difference.
How does Rochester compare to the national average for financial managers?
Rochester pays $168K median vs. the U.S. average of $167K — that’s +1%. After adjusting for local cost of living (RPP 97.03), the purchasing-power equivalent is $173K — still ahead of the national median.
How much do financial managers make in Rochester, NY?
The median is $167,800 a year, that works out to about $81 an hour. But the range is wide: entry-level workers start around $99,990, and experienced financial managers can clear $295,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $168K enough to live in Rochester?
On that salary, you'd take home roughly $9,702/month after taxes. A 2-bedroom here rents for about $1,573/month, which eats 16.2% 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 Rochester?
Rochester has a Regional Price Parity of 97.03 (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 $172,936 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.