Financial Managers pay range in Cleveland
New workers and the lowest-paid 10% earn about $74,580 a year or less, while the top 10% make $243,120 or more. The middle half of financial managers in Cleveland earn between $99,090 and $170,230.
- $75K10th
- $99K25th
- $132KMedian
- $170K75th
- $243K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $148,570 | $12,381 | $71.43 |
| Median | $131,860 | $10,988 | $63.39 |
| Entry level (25th percentile) | $99,090 | $8,258 | $47.64 |
| Experienced (75th percentile) | $170,230 | $14,186 | $81.84 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Cleveland vs. Tennessee and the U.S.
Financial managers in Cleveland earn 10% less than the Tennessee average ($164,480) and 21% less than the U.S. average ($186,910). At the median the gap is -21% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Cleveland | $148,570 | $131,860 | $74,580 | $243,120 | 130 |
| Tennessee | $164,480 | $141,010 | $83,080 | $288,750 | 17,630 |
| 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 Cleveland
On the average salary of $148,570, a single filer in Cleveland takes home about $112,814 a year, or $9,401 a month and $4,339 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.
Is Cleveland a good place for financial managers? Pay vs. cost of living
Prices in the Cleveland area are 12% below the U.S. average (BEA price parity 88.1), so the average $148,570 buys what about $168,676 would buy in a typical U.S. metro. This job pays 3.3 times the median wage of all jobs in Cleveland ($40,230). A typical home costs $312,380, or 2.1 years of this average salary before tax.
Financial Managers salary in other Tennessee cities
Cleveland ranks 9th of 10 Tennessee metro areas for this job; Nashville pays the most ($178,230).
- Nashville$178,230
- Memphis$169,130
- Chattanooga$162,310
- Johnson City$157,360
- Knoxville$152,560
- Kingsport$152,050
- Clarksville$151,470
- Jackson$150,370
- Cleveland$148,570
- Morristown$134,160
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 Cleveland: questions
How much do financial managers make an hour in Cleveland?
$71.43 an hour on average, and $63.40 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Cleveland?
The lowest-paid 10% earn about $74,580 a year and the 25th percentile is $99,090, a fair guide to starting pay.
What is the financial managers take-home pay in Cleveland?
About $112,814 a year ($9,401 a month) for a single filer on the average salary of $148,570. Tennessee has no state income tax.
Do financial managers earn more in Cleveland than elsewhere?
The average here is 21% 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 Cleveland, TN (17420). Relative standard error of the mean wage: 1.9%.
- 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 0.56, this job is less common than in the U.S. overall (location quotient 0.56).
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