Waterloo-Cedar Falls, IA · BLS OEWS & BEA Regional Data

Financial Manager Salary in Waterloo-Cedar Falls, IA

In the Waterloo-Cedar Falls, IA metropolitan area, financial managers earned a median annual wage of $132,200 ($63.56/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $79,400/year and the 90th was $224,100/year; these percentiles do not measure years of experience. Applying 2026 federal and Iowa tax rules to the survey median leaves an estimated $97,253 in take-home pay. The metro price index is 87.1 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$132,200$63.56 per hour · $11,017 monthly
10th Percentile$79,400$38.17/hr base
25th Percentile$101,300$48.70/hr base
75th Percentile$172,300$82.84/hr base
90th Percentile$224,100$107.74/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

$132,200
$50,000$265,000
Filing status:
Gross salary breakdown$132,200
Net 74%
Fed 15%
IA 3%
FICA 8%
Annual take-home$97,253After all taxes
Monthly deposit$8,104Estimated per month
Biweekly paycheck$3,741Every 2 weeks (26/yr)
Effective tax rate26.4%Total tax burden
Federal income tax$20,462 / yr
Iowa state income tax$4,372 / yr
FICA (Social Security & Medicare)$10,113 / yr

Financial Managers Wage Percentiles in Waterloo-Cedar Falls, IA

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 Waterloo-Cedar Falls, IA Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (IA)
10th Percentile$38.17/hr$6,617$79,400$62,323
25th Percentile$48.70/hr$8,442$101,300$76,897
Median (50th Percentile)Metro Benchmark$63.56/hr$11,017$132,200$97,253
75th Percentile$82.84/hr$14,358$172,300$123,137
90th Percentile$107.74/hr$18,675$224,100$158,315

Cost of Living & Purchasing Power in Waterloo-Cedar Falls, IA

A dollar does not buy the same basket of goods everywhere. Compare how $$132,200 measures up against local economic conditions:

Metro Median Household Income$70,811Census Bureau ACS
BEA Price Parity Index87.112.9% below national average
Individual vs Household Ratio186.7%of area median income

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

Frequently Asked Questions About Financial Managers Pay in Waterloo-Cedar Falls, IA

What is the median salary for financial managers in Waterloo-Cedar Falls, IA?

The official BLS median annual wage for financial managers in Waterloo-Cedar Falls, IA is $132,200, which equates to approximately $11,017 per month or $63.56 per hour for a 2,080-hour work year.

What is the hourly pay for financial managers in Waterloo-Cedar Falls, IA?

The median hourly wage for financial managers in Waterloo-Cedar Falls, IA is $63.56 per hour based on the BLS survey. One in ten earned less than $38.17/hour and one in ten earned more than $107.74/hour.

What is the pay range for financial managers in Waterloo-Cedar Falls, IA?

BLS wage estimates for financial managers in Waterloo-Cedar Falls, IA span from $79,400 at the 10th percentile to $101,300 at the 25th, $172,300 at the 75th, and $224,100 at the 90th. These are wage distribution points, not experience levels.

How much do financial managers take home after taxes in Waterloo-Cedar Falls, IA?

On a median gross salary of $132,200, an estimated $97,253 lands in net take-home pay per year ($3,741 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $34,947 (an effective rate of 26.4%).

How much do financial managers make per month in Waterloo-Cedar Falls, IA?

On the median annual salary of $132,200, gross monthly income is $11,017. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $8,104 per month (or $3,741 every two weeks).

Is $132,200 a good salary in Waterloo-Cedar Falls, IA?

At $132,200, the median salary for financial managers is 186.7% of the Waterloo-Cedar Falls, IA median household income ($70,811). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 87.1, making regional consumer goods and services 12.9% cheaper than the U.S. average.