Financial Managers pay range in Rochester
New workers and the lowest-paid 10% earn about $97,410 a year or less, while the top 10% make $268,200 or more. The middle half of financial managers in Rochester earn between $115,870 and $203,260.
- $97K10th
- $116K25th
- $159KMedian
- $203K75th
- $268K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $173,120 | $14,427 | $83.23 |
| Median | $158,570 | $13,214 | $76.24 |
| Entry level (25th percentile) | $115,870 | $9,656 | $55.71 |
| Experienced (75th percentile) | $203,260 | $16,938 | $97.72 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Rochester vs. Minnesota and the U.S.
Financial managers in Rochester earn about the same as the Minnesota average ($176,560) and 7% less than the U.S. average ($186,910). At the median the gap is -5% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Rochester | $173,120 | $158,570 | $97,410 | $268,200 | 390 |
| Minnesota | $176,560 | $163,410 | $99,250 | $277,680 | 16,680 |
| United States | $186,910 | $166,570 | $94,310 | $323,270 | 841,710 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Managers salary after taxes in Rochester
On the average salary of $173,120, a single filer in Rochester takes home about $118,837 a year, or $9,903 a month and $4,571 every two weeks. Taxes take 31% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is Rochester a good place for financial managers? Pay vs. cost of living
Prices in the Rochester area are 9% below the U.S. average (BEA price parity 90.8), so the average $173,120 buys what about $190,617 would buy in a typical U.S. metro. This job pays 2.6 times the median wage of all jobs in Rochester ($60,620). A typical home costs $343,121, or 2.0 years of this average salary before tax.
Financial Managers salary in other Minnesota cities
Rochester ranks 2nd of 5 Minnesota metro areas for this job; Minneapolis pays the most ($183,030).
- Minneapolis$183,030
- Rochester$173,120
- St. Cloud$154,860
- Mankato$147,270
- Duluth$136,180
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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Financial Managers salary in Rochester: questions
How much do financial managers make an hour in Rochester?
$83.23 an hour on average, and $76.24 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Rochester?
The lowest-paid 10% earn about $97,410 a year and the 25th percentile is $115,870, a fair guide to starting pay.
What is the financial managers take-home pay in Rochester?
About $118,837 a year ($9,903 a month) for a single filer on the average salary of $173,120. Minnesota Paid Leave premiums are not included.
Do financial managers earn more in Rochester than elsewhere?
The average here is 7% less than the U.S. average for this job ($186,910).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Rochester, MN (40340). Relative standard error of the mean wage: 2.1%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
- Job concentration: location quotient 0.59, this job is less common than in the U.S. overall (location quotient 0.59).
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