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

Financial Manager Salary in Milwaukee, WI

Financial Managers in the Milwaukee-Waukesha, WI metro area earn a median $156,100 a year — 6% less than the national median. After 2026 taxes, that is $111,068 take-home, or $9,256 a month.

Median salary
$156,100
$75.05 per hour
Typical range
$92,060 – $239,200+
10th to 90th percentile
Jobs in Milwaukee, WI
5,160
1.16× national concentration
▲1.0%
Pay trend: The median for financial managers in Milwaukee, WI rose from $154,540 (May 2024) to $156,100 (May 2025). That trailed inflation (2.4%), so buying power slipped about 1.4%.

Take-home pay calculator

Pre-filled with the median financial manager salary in Milwaukee, WI. Enter your own offer to see your paycheck.

Financial Manager in Milwaukee, WI
Deductions, kids & local tax

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

Your take-home pay
$111,068
per year · effective tax rate 28.8%
$9,256Monthly
$4,628Twice a month
$4,272Every 2 weeks
$53.40Hourly
  • Federal income tax$26,198
  • Social Security (6.2%)$9,678
  • Medicare (1.45%)$2,263
  • Wisconsin income tax$6,893
  • Take-home pay$111,068

Marginal rate: 24% federal + 5.30% state

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

Financial Manager pay by experience in Milwaukee, WI

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$92,060$44.26$70,096$5,841
25th percentile$113,910$54.76$84,309$7,026
Median (50th)$156,100$75.05$111,068$9,256
75th percentile$200,830$96.55$140,275$11,690
90th percentile (top earners)$269,270+$129.46$182,942$15,245

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

What $156,100 buys in Milwaukee, WI

Prices in Milwaukee, WI are 3.1% lower than the U.S. average (housing costs are 3% below the national average). Adjusted for local prices, a median financial manager's $111,068 take-home pay has the buying power of $114,577 in a typical American city.

1-bedroom rent
$1,119
12% of monthly take-home
2-bedroom rent
$1,338
14% of monthly take-home
Left after 1-BR rent
$8,137
per month for everything else

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 Milwaukee, WI as in the U.S. overall (location quotient 1.16).

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

Milwaukee, WI ranks #31 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
31Milwaukee, WI$156,100$111,068$114,577

*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 Milwaukee, WI?

The median financial manager salary in the Milwaukee-Waukesha, WI metro area is $156,100 a year, or about $75.05 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $113,910 and $200,830.

What is a financial manager’s take-home pay in Milwaukee, WI?

On the median $156,100 salary, a single filer living in Wisconsin takes home about $111,068 a year ($9,256 a month) after federal tax, Social Security, Medicare and $6,893 in Wisconsin taxes in 2026.

Is Milwaukee, WI a good place to work as a financial manager?

Pay here is 6% below the national median of $166,570. Local prices are 3.1% below the U.S. average, so the take-home pay buys what $114,577 would in a typical U.S. city. Milwaukee, WI ranks #31 of 55 metro areas for cost-of-living-adjusted pay in this job.

Can a financial manager afford rent in Milwaukee, WI?

HUD’s fair market rent for a one-bedroom in Milwaukee, WI is $1,119 a month ($1,338 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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Cost of living & all salaries in Milwaukee, WI →