Springfield, IL · BLS OEWS & BEA Regional Data

Financial Manager Salary in Springfield, IL

In the Springfield, IL metropolitan area, financial managers earned a median annual wage of $153,900 ($73.99/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $92,800/year and the 90th was $290,500/year; these percentiles do not measure years of experience. Applying 2026 federal and Illinois tax rules to the survey median leaves an estimated $108,983 in take-home pay. The metro price index is 92.7 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$153,900$73.99 per hour · $12,825 monthly
10th Percentile$92,800$44.62/hr base
25th Percentile$119,100$57.26/hr base
75th Percentile$201,200$96.73/hr base
90th Percentile$290,500$139.66/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

$153,900
$60,000$310,000
Filing status:
Gross salary breakdown$153,900
Net 71%
Fed 17%
IL 5%
FICA 8%
Annual take-home$108,983After all taxes
Monthly deposit$9,082Estimated per month
Biweekly paycheck$4,192Every 2 weeks (26/yr)
Effective tax rate29.2%Total tax burden
Federal income tax$25,670 / yr
Illinois state income tax$7,473 / yr
FICA (Social Security & Medicare)$11,773 / yr

Financial Managers Wage Percentiles in Springfield, IL

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 Springfield, IL Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (IL)
10th Percentile$44.62/hr$7,733$92,800$69,666
25th Percentile$57.26/hr$9,925$119,100$86,866
Median (50th Percentile)Metro Benchmark$73.99/hr$12,825$153,900$108,983
75th Percentile$96.73/hr$16,767$201,200$139,996
90th Percentile$139.66/hr$24,208$290,500$194,990

Cost of Living & Purchasing Power in Springfield, IL

A dollar does not buy the same basket of goods everywhere. Compare how $$153,900 measures up against local economic conditions:

Metro Median Household Income$75,895Census Bureau ACS
BEA Price Parity Index92.77.3% below national average
Individual vs Household Ratio202.8%of area median income

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

Frequently Asked Questions About Financial Managers Pay in Springfield, IL

What is the median salary for financial managers in Springfield, IL?

The official BLS median annual wage for financial managers in Springfield, IL is $153,900, which equates to approximately $12,825 per month or $73.99 per hour for a 2,080-hour work year.

What is the hourly pay for financial managers in Springfield, IL?

The median hourly wage for financial managers in Springfield, IL is $73.99 per hour based on the BLS survey. One in ten earned less than $44.62/hour and one in ten earned more than $139.66/hour.

What is the pay range for financial managers in Springfield, IL?

BLS wage estimates for financial managers in Springfield, IL span from $92,800 at the 10th percentile to $119,100 at the 25th, $201,200 at the 75th, and $290,500 at the 90th. These are wage distribution points, not experience levels.

How much do financial managers take home after taxes in Springfield, IL?

On a median gross salary of $153,900, an estimated $108,983 lands in net take-home pay per year ($4,192 biweekly) for a single filer claiming the standard deduction in Illinois in 2026. Total tax withholding equals $44,917 (an effective rate of 29.2%).

How much do financial managers make per month in Springfield, IL?

On the median annual salary of $153,900, gross monthly income is $12,825. After federal, FICA, and Illinois state income taxes, estimated net take-home pay is $9,082 per month (or $4,192 every two weeks).

Is $153,900 a good salary in Springfield, IL?

At $153,900, the median salary for financial managers is 202.8% of the Springfield, IL median household income ($75,895). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 92.7, making regional consumer goods and services 7.3% cheaper than the U.S. average.