Financial Managers pay range in Duluth
New workers and the lowest-paid 10% earn about $83,510 a year or less, while the top 10% make $210,110 or more. The middle half of financial managers in Duluth earn between $98,730 and $157,390.
- $84K10th
- $99K25th
- $127KMedian
- $157K75th
- $210K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $136,180 | $11,348 | $65.47 |
| Median | $126,800 | $10,567 | $60.96 |
| Entry level (25th percentile) | $98,730 | $8,228 | $47.47 |
| Experienced (75th percentile) | $157,390 | $13,116 | $75.67 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Duluth vs. Minnesota and the U.S.
Financial managers in Duluth earn 23% less than the Minnesota average ($176,560) and 27% less than the U.S. average ($186,910). At the median the gap is -24% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Duluth | $136,180 | $126,800 | $83,510 | $210,110 | 420 |
| 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 Duluth
On the average salary of $136,180, a single filer in Duluth takes home about $96,488 a year, or $8,041 a month and $3,711 every two weeks. Taxes take 29% of gross pay.
The Duluth, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WI | $97,770 | $8,147 |
| Working in MN | $96,488 | $8,041 |
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 Duluth a good place for financial managers? Pay vs. cost of living
Prices in the Duluth area are 11% below the U.S. average (BEA price parity 88.8), so the average $136,180 buys what about $153,411 would buy in a typical U.S. metro. This job pays 2.5 times the median wage of all jobs in Duluth ($50,000). A typical home costs $264,350, or 1.9 years of this average salary before tax.
Financial Managers salary in other Minnesota cities
Duluth ranks 5th 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 Duluth: questions
How much do financial managers make an hour in Duluth?
$65.47 an hour on average, and $60.96 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Duluth?
The lowest-paid 10% earn about $83,510 a year and the 25th percentile is $98,730, a fair guide to starting pay.
What is the financial managers take-home pay in Duluth?
About $96,488 a year ($8,041 a month) for a single filer on the average salary of $136,180. Minnesota Paid Leave premiums are not included.
Do financial managers earn more in Duluth than elsewhere?
The average here is 27% 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 Duluth, MN-WI (20260). Relative standard error of the mean wage: 1.8%.
- 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 0.62, this job is less common than in the U.S. overall (location quotient 0.62).
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