SOC 11-3031 · Waco, TX metro

Financial Managers Salary in Waco, TX

The average salary for financial managers in Waco, Texas is $153,140 a year ($73.63 an hour), according to BLS estimates for May 2025. The median is $134,010: half of the 490 people in this job in the Waco, TX metro area earn more than that, half earn less. That average is 18% less than the U.S. average for this job ($186,910).

$153,140average per year

$73.63 / hourMedian $134,010Take-home ≈ $115,937

  • $80K10th
  • $102K25th
  • $134KMedian
  • $182K75th
  • $261K90th

median average · bar = middle 50% of workers · how to read it

490people in this job
-18%vs U.S. average
#16 of 25Texas metros
93cost of living (U.S. = 100)
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Financial Managers pay range in Waco

New workers and the lowest-paid 10% earn about $80,390 a year or less, while the top 10% make $261,000 or more. The middle half of financial managers in Waco earn between $101,560 and $182,340.

  • $80K10th
  • $102K25th
  • $134KMedian
  • $182K75th
  • $261K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$153,140$12,762$73.62
Median$134,010$11,168$64.43
Entry level (25th percentile)$101,560$8,463$48.83
Experienced (75th percentile)$182,340$15,195$87.66

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Financial Managers pay in Waco vs. Texas and the U.S.

Financial managers in Waco earn 15% less than the Texas average ($180,170) and 18% less than the U.S. average ($186,910). At the median the gap is -20% against the U.S. median of $166,570.

AreaAverageMedian10th pct.90th pct.Jobs
Waco$153,140$134,010$80,390$261,000490
Texas$180,170$164,860$98,250$309,29071,870
United States$186,910$166,570$94,310$323,270841,710

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Financial Managers salary after taxes in Waco

On the average salary of $153,140, a single filer in Waco takes home about $115,937 a year, or $9,661 a month and $4,459 every two weeks. Taxes take 24% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

Texas paycheck calculator: try your own salary

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Is Waco a good place for financial managers? Pay vs. cost of living

Prices in the Waco area are 7% below the U.S. average (BEA price parity 92.5), so the average $153,140 buys what about $165,467 would buy in a typical U.S. metro. This job pays 2.9 times the median wage of all jobs in Waco ($46,020). A typical home costs $256,772, or 1.7 years of this average salary before tax.

See what $153,140 is worth in another city

Financial Managers salary in other Texas cities

Waco ranks 16th of 25 Texas metro areas for this job; Midland pays the most ($200,930).

All Financial Managers salaries in Texas

Highest-paying cities for financial managers

San Jose, CA pays this job the most of the metro areas we cover ($273,690).

Financial Managers salary by city

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Reviewed before it counts. Financial Managers in Waco, TX.

Financial Managers salary in Waco: questions

How much do financial managers make an hour in Waco?

$73.63 an hour on average, and $64.43 at the median (BLS, May 2025).

What is the entry-level financial managers salary in Waco?

The lowest-paid 10% earn about $80,390 a year and the 25th percentile is $101,560, a fair guide to starting pay.

What is the financial managers take-home pay in Waco?

About $115,937 a year ($9,661 a month) for a single filer on the average salary of $153,140. Texas has no state income tax.

Do financial managers earn more in Waco than elsewhere?

The average here is 18% 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 Waco, TX (47380). Relative standard error of the mean wage: 2.0%.
  • 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 no state income tax.
  • Job concentration: location quotient 0.70, this job is less common than in the U.S. overall (location quotient 0.70).

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