Financial Manager Salary in Cleveland, OH
Financial Managers in the Cleveland, OH metro area earn a median $157,900 a year — 5% less than the national median. After 2026 taxes, that is $115,631 take-home, or $9,636 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Cleveland, OH. Enter your own offer to see your paycheck.
- Federal income tax$26,630
- Social Security (6.2%)$9,790
- Medicare (1.45%)$2,290
- Ohio income tax$3,560
- Take-home pay$115,631
Marginal rate: 24% federal + 2.75% state
Living in Cleveland? City residents also pay Cleveland’s city income tax — about $3,948 a year on this salary — which lowers take-home pay to $111,683 ($9,307 a month). Choose “Cleveland” under City income tax in the calculator. Suburban residents usually don’t pay it.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Cleveland, OH
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $83,320 | $40.06 | $65,937 | $5,495 |
| 25th percentile | $110,500 | $53.13 | $84,310 | $7,026 |
| Median (50th) | $157,900 | $75.91 | $115,631 | $9,636 |
| 75th percentile | $209,900 | $100.91 | $151,228 | $12,602 |
| 90th percentile (top earners) | $348,520+ | $167.56 | $236,773 | $19,731 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Ohio resident, 2026 tax rules.
What $157,900 buys in Cleveland, OH
Prices in Cleveland, OH are 6.1% lower than the U.S. average (housing costs are 21% below the national average). Adjusted for local prices, a median financial manager's $115,631 take-home pay has the buying power of $123,112 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Cleveland, OH as in the U.S. overall (location quotient 1.13).
Best-paying cities for financial managers, adjusted for cost of living
Cleveland, OH ranks #12 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 12 | Cleveland, OH | $157,900 | $115,631 | $123,112 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
About the job: financial managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Typical education
- Bachelor's degree
- Work experience
- 5 years or more
- On-the-job training
- None
- Job outlook, 2025–35
- +9.7% (much faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Financial Manager salaries elsewhere in Ohio
- Cincinnati, OH — $152,700
- Columbus, OH — $145,630
Frequently asked questions
How much does a financial manager make in Cleveland, OH?
The median financial manager salary in the Cleveland, OH metro area is $157,900 a year, or about $75.91 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $110,500 and $209,900.
What is a financial manager’s take-home pay in Cleveland, OH?
On the median $157,900 salary, a single filer living in Ohio takes home about $115,631 a year ($9,636 a month) after federal tax, Social Security, Medicare and $3,560 in Ohio taxes in 2026.
Is Cleveland, OH a good place to work as a financial manager?
Pay here is 5% below the national median of $166,570. Local prices are 6.1% below the U.S. average, so the take-home pay buys what $123,112 would in a typical U.S. city. Cleveland, OH ranks #12 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Cleveland, OH?
HUD’s fair market rent for a one-bedroom in Cleveland, OH is $1,048 a month ($1,268 for two bedrooms) — 11% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Cleveland, OH
- Computer and Information Systems Manager — $156,410
- Sales Manager — $143,870
- Medical and Health Services Manager — $122,770
- Industrial Production Manager — $107,380
- Construction Manager — $101,440
- Education Administrators, Kindergarten through Secondary — $99,230
- General and Operations Manager — $97,750