Elkhart-Goshen, IN · BLS OEWS & BEA Regional Data

Financial Manager Salary in Elkhart-Goshen, IN

In the Elkhart-Goshen, IN metropolitan area, financial managers earned a median annual wage of $131,500 ($63.22/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $78,000/year and the 90th was $227,200/year; these percentiles do not measure years of experience. Applying 2026 federal and Indiana tax rules to the survey median leaves an estimated $97,297 in take-home pay. The metro price index is 90.3 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$131,500$63.22 per hour · $10,958 monthly
10th Percentile$78,000$37.50/hr base
25th Percentile$98,700$47.45/hr base
75th Percentile$177,200$85.19/hr base
90th Percentile$227,200$109.23/hr base

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Take-Home Pay Explorer

$131,500
$50,000$265,000
Filing status:
Gross salary breakdown$131,500
Net 74%
Fed 15%
IN 3%
FICA 8%
Annual take-home$97,297After all taxes
Monthly deposit$8,108Estimated per month
Biweekly paycheck$3,742Every 2 weeks (26/yr)
Effective tax rate26%Total tax burden
Federal income tax$20,294 / yr
Indiana state income tax$3,850 / yr
FICA (Social Security & Medicare)$10,060 / yr

Financial Managers Wage Percentiles in Elkhart-Goshen, IN

Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.

Wage Distribution for Financial Managers in the Elkhart-Goshen, IN Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (IN)
10th Percentile$37.50/hr$6,500$78,000$61,432
25th Percentile$47.45/hr$8,225$98,700$75,383
Median (50th Percentile)Metro Benchmark$63.22/hr$10,958$131,500$97,297
75th Percentile$85.19/hr$14,767$177,200$127,184
90th Percentile$109.23/hr$18,933$227,200$161,541

Cost of Living & Purchasing Power in Elkhart-Goshen, IN

A dollar does not buy the same basket of goods everywhere. Compare how $$131,500 measures up against local economic conditions:

Metro Median Household Income$68,561Census Bureau ACS
BEA Price Parity Index90.39.7% below national average
Individual vs Household Ratio191.8%of area median income

Compare financial managers salaries statewide and examine overall earnings in Indiana:

Frequently Asked Questions About Financial Managers Pay in Elkhart-Goshen, IN

What is the median salary for financial managers in Elkhart-Goshen, IN?

The official BLS median annual wage for financial managers in Elkhart-Goshen, IN is $131,500, which equates to approximately $10,958 per month or $63.22 per hour for a 2,080-hour work year.

What is the hourly pay for financial managers in Elkhart-Goshen, IN?

The median hourly wage for financial managers in Elkhart-Goshen, IN is $63.22 per hour based on the BLS survey. One in ten earned less than $37.50/hour and one in ten earned more than $109.23/hour.

What is the pay range for financial managers in Elkhart-Goshen, IN?

BLS wage estimates for financial managers in Elkhart-Goshen, IN span from $78,000 at the 10th percentile to $98,700 at the 25th, $177,200 at the 75th, and $227,200 at the 90th. These are wage distribution points, not experience levels.

How much do financial managers take home after taxes in Elkhart-Goshen, IN?

On a median gross salary of $131,500, an estimated $97,297 lands in net take-home pay per year ($3,742 biweekly) for a single filer claiming the standard deduction in Indiana in 2026. Total tax withholding equals $34,204 (an effective rate of 26%).

How much do financial managers make per month in Elkhart-Goshen, IN?

On the median annual salary of $131,500, gross monthly income is $10,958. After federal, FICA, and Indiana state income taxes, estimated net take-home pay is $8,108 per month (or $3,742 every two weeks).

Is $131,500 a good salary in Elkhart-Goshen, IN?

At $131,500, the median salary for financial managers is 191.8% of the Elkhart-Goshen, IN median household income ($68,561). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 90.3, making regional consumer goods and services 9.7% cheaper than the U.S. average.