Updated · 2026 tax rules · Data: IRS, BLS, BEA, HUD · How we calculate

Financial Manager Salary in Des Moines, IA

Financial Managers in the Des Moines-West Des Moines, IA metro area earn a median $154,140 a year — 7% less than the national median. After 2026 taxes, that is $111,415 take-home, or $9,285 a month.

Median salary
$154,140
$74.11 per hour
Typical range
$94,230 – $239,200+
10th to 90th percentile
Jobs in Des Moines, IA
3,800
1.74× national concentration
▲7.3%
Pay trend: The median for financial managers in Des Moines, IA rose from $143,600 (May 2024) to $154,140 (May 2025). That beat inflation (2.4%), a real raise of about 4.9%.

Take-home pay calculator

Pre-filled with the median financial manager salary in Des Moines, IA. Enter your own offer to see your paycheck.

Financial Manager in Des Moines, IA
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$111,415
per year · effective tax rate 27.7%
$9,285Monthly
$4,642Twice a month
$4,285Every 2 weeks
$53.56Hourly
  • Federal income tax$25,728
  • Social Security (6.2%)$9,557
  • Medicare (1.45%)$2,235
  • Iowa income tax$5,206
  • Take-home pay$111,415

Marginal rate: 24% federal + 3.80% state

Got an offer somewhere else? Compare it with this one after taxes and rent →

Financial Manager pay by experience in Des Moines, IA

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$94,230$45.30$72,192$6,016
25th percentile$114,990$55.28$86,008$7,167
Median (50th)$154,140$74.11$111,415$9,285
75th percentile$204,830$98.48$145,353$12,113
90th percentile (top earners)$263,790+$126.82$182,863$15,239

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Iowa resident, 2026 tax rules.

What $154,140 buys in Des Moines, IA

Prices in Des Moines, IA are 8.3% lower than the U.S. average (housing costs are 15% below the national average). Adjusted for local prices, a median financial manager's $111,415 take-home pay has the buying power of $121,498 in a typical American city.

1-bedroom rent
$1,092
12% of monthly take-home
2-bedroom rent
$1,302
14% of monthly take-home
Left after 1-BR rent
$8,193
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Des Moines, IA has 1.7× the national concentration of financial manager jobs — a strong local market for this occupation.

Best-paying cities for financial managers, adjusted for cost of living

Des Moines, IA ranks #17 of 55 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Bridgeport, CT $211,000$146,519$137,107
2New York, NY $221,010$152,151$135,169
3Boston, MA $209,780$145,861$134,725
4San Jose, CA $225,280$147,303$133,399
5Denver, CO $193,400$136,206$128,761
6Austin, TX $167,180$125,534$128,009
7Houston, TX $166,910$125,349$127,091
8Charlotte, NC $172,760$122,963$126,313
17Des Moines, IA$154,140$111,415$121,498

*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.

Frequently asked questions

How much does a financial manager make in Des Moines, IA?

The median financial manager salary in the Des Moines-West Des Moines, IA metro area is $154,140 a year, or about $74.11 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $114,990 and $204,830.

What is a financial manager’s take-home pay in Des Moines, IA?

On the median $154,140 salary, a single filer living in Iowa takes home about $111,415 a year ($9,285 a month) after federal tax, Social Security, Medicare and $5,206 in Iowa taxes in 2026.

Is Des Moines, IA a good place to work as a financial manager?

Pay here is 7% below the national median of $166,570. Local prices are 8.3% below the U.S. average, so the take-home pay buys what $121,498 would in a typical U.S. city. Des Moines, IA ranks #17 of 55 metro areas for cost-of-living-adjusted pay in this job.

Can a financial manager afford rent in Des Moines, IA?

HUD’s fair market rent for a one-bedroom in Des Moines, IA is $1,092 a month ($1,302 for two bedrooms) — 12% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

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