Financial Managers Salary
Financial Managers in Texas make a median of $164,860 a year, or about $79.26 an hour. The range runs from $98K at the entry level to $309K for experienced workers. Cost of living is below average (RPP 91.49), which stretches that salary to about $180,195 in buying power. Rent on a 2-bedroom averages $1,415/month, or 13.3% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Texas. Jump to a metro for precise data:
So what does $165K get you in Texas?
About financial managers
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What this looks like in Texas
Financial managers pay in Texas tracks closely to the national median, $165K locally vs. $167K nationwide, a 1% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,415/month, 13.8% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.49 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Texas
Entry-level financial managers (10th percentile) start around $98K. Mid-career wages sit at $165K. Top earners bring in $309K or more, a $211K spread from bottom to top.
Financial Managers salary by metro in Texas
25 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Midland | $173K | +5% | 800 |
| Dallas-Fort Worth-Arlington | $169K | +3% | 26,600 |
| Austin-Round Rock-San Marcos | $167K | +1% | 7,210 |
| Houston-Pasadena-The Woodlands | $167K | +1% | 18,570 |
| Odessa | $152K | -8% | 280 |
| Beaumont-Port Arthur | $149K | -9% | 520 |
| San Antonio-New Braunfels | $145K | -12% | 4,910 |
| Amarillo | $143K | -13% | 550 |
| Killeen-Temple | $140K | -15% | 460 |
| Corpus Christi | $138K | -16% | 560 |
| Tyler | $137K | -17% | 340 |
| San Angelo | $136K | -17% | 160 |
| Victoria | $136K | -18% | 100 |
| Lubbock | $135K | -18% | 540 |
| Abilene | $135K | -18% | 310 |
| Longview | $135K | -18% | 370 |
| Waco | $134K | -19% | 490 |
| College Station-Bryan | $132K | -20% | 410 |
| El Paso | $132K | -20% | 920 |
| Brownsville-Harlingen | $130K | -21% | 320 |
| McAllen-Edinburg-Mission | $129K | -22% | 620 |
| Wichita Falls | $127K | -23% | 150 |
| Sherman-Denison | $126K | -24% | 120 |
| Texarkana | $122K | -26% | 170 |
| Laredo | $121K | -27% | 190 |
Showing 1–10 of 25 metros
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BLS updates this data quarterly. We'll email you when Texas numbers change.
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Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Texas?
Yes — at the median salary of $165K, rent takes 13.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,415/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Texas?
The 10th-percentile wage — what new financial managers typically earn — is $98K/year. Take-home on that works out to about $5,895/month. At HUD’s $1,415/month FMR, rent would take 24% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Texas?
Pay here is roughly in line with the national average — $165K locally vs. $167K nationally, a 1% difference.
How does Texas compare to the national average for financial managers?
Texas pays $165K median vs. the U.S. average of $167K — that’s -1%. After adjusting for local cost of living (RPP 91.49), the purchasing-power equivalent is $180K — still ahead of the national median.
How much do financial managers make in Texas?
The median is $164,860 a year, that works out to about $79 an hour. But the range is wide: entry-level workers start around $98,250, and experienced financial managers can clear $309,290. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $165K enough to live in Texas?
On that salary, you'd take home roughly $10,286/month after taxes. A 2-bedroom here rents for about $1,415/month, which eats 13.8% 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 Texas?
Texas has a Regional Price Parity of 91.49 (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 $180,195 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.