Financial Managers pay range in Elkhart
New workers and the lowest-paid 10% earn about $83,530 a year or less, while the top 10% make $254,770 or more. The middle half of financial managers in Elkhart earn between $104,460 and $198,430.
- $84K10th
- $104K25th
- $146KMedian
- $198K75th
- $255K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $158,320 | $13,193 | $76.12 |
| Median | $145,980 | $12,165 | $70.18 |
| Entry level (25th percentile) | $104,460 | $8,705 | $50.22 |
| Experienced (75th percentile) | $198,430 | $16,536 | $95.40 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Elkhart vs. Indiana and the U.S.
Financial managers in Elkhart earn 3% more than the Indiana average ($153,260) and 15% less than the U.S. average ($186,910). At the median the gap is -12% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Elkhart | $158,320 | $145,980 | $83,530 | $254,770 | 430 |
| Indiana | $153,260 | $135,840 | $80,610 | $234,710 | 12,560 |
| 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 Elkhart
On the average salary of $158,320, a single filer in Elkhart takes home about $111,612 a year, or $9,301 a month and $4,293 every two weeks. Taxes take 30% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Elkhart's local income tax (2%).
Is Elkhart a good place for financial managers? Pay vs. cost of living
Prices in the Elkhart area are 10% below the U.S. average (BEA price parity 90.3), so the average $158,320 buys what about $175,278 would buy in a typical U.S. metro. This job pays 3.0 times the median wage of all jobs in Elkhart ($48,070). A typical home costs $265,734, or 1.7 years of this average salary before tax.
Financial Managers salary in other Indiana cities
Elkhart ranks 2nd of 12 Indiana metro areas for this job; Indianapolis pays the most ($162,640).
- Indianapolis$162,640
- Elkhart$158,320
- Columbus$150,030
- Fort Wayne$145,580
- Bloomington$144,880
- Evansville$144,720
- South Bend$144,090
- Kokomo$138,370
- Michigan City$137,680
- Lafayette$135,200
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 Elkhart: questions
How much do financial managers make an hour in Elkhart?
$76.12 an hour on average, and $70.18 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Elkhart?
The lowest-paid 10% earn about $83,530 a year and the 25th percentile is $104,460, a fair guide to starting pay.
What is the financial managers take-home pay in Elkhart?
About $111,612 a year ($9,301 a month) for a single filer on the average salary of $158,320. Includes Elkhart's local income tax (2%).
Do financial managers earn more in Elkhart than elsewhere?
The average here is 15% 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 Elkhart-Goshen, IN (21140). Relative standard error of the mean wage: 1.6%.
- 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 (2025 rules). Includes Elkhart's local income tax (2%).
- Job concentration: location quotient 0.62, this job is less common than in the U.S. overall (location quotient 0.62).
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