Financial Manager Salary in Toledo, OH

Financial Managers in the Toledo, OH metro area earn a median $125,330 a year — 25% less than the national median. After 2026 taxes, that is $94,265 take-home, or $7,855 a month.

Median salary
$125,330
$60.25 per hour
Typical range
$75,510 – $237,580
10th to 90th percentile
Jobs in Toledo, OH
1,060
0.67× national concentration

Take-home pay calculator

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

Financial Manager in Toledo, OH
Deductions, kids & local tax

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

Your take-home pay
$94,265
per year · effective tax rate 24.8%
$7,855Monthly
$3,928Twice a month
$3,626Every 2 weeks
$45.32Hourly
  • Federal income tax$18,813
  • Social Security (6.2%)$7,770
  • Medicare (1.45%)$1,817
  • Ohio income tax$2,664
  • Take-home pay$94,265

Marginal rate: 24% federal + 2.75% state

Financial Manager pay by experience in Toledo, OH

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$75,510$36.30$60,657$5,055
25th percentile$88,420$42.51$69,384$5,782
Median (50th)$125,330$60.25$94,265$7,855
75th percentile$165,940$79.78$120,905$10,075
90th percentile (top earners)$237,580$114.22$169,277$14,106

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

What $125,330 buys in Toledo, OH

Prices in Toledo, OH are 8.5% lower than the U.S. average (housing costs are 33% below the national average). Adjusted for local prices, a median financial manager's $94,265 take-home pay has the buying power of $103,072 in a typical American city.

1-bedroom rent
$820
10% of monthly take-home
2-bedroom rent
$1,076
14% of monthly take-home
Left after 1-BR rent
$7,035
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 less concentrated in Toledo, OH than nationally (location quotient 0.67), so openings may be scarcer.

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

Toledo, OH ranks #130 of 177 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Bridgeport, CT $211,000$146,519$137,107
2Sioux Falls, SD $163,580$123,073$135,796
3New York, NY $221,010$152,151$135,169
4Midland, TX $172,520$129,183$134,871
5Boston, MA $209,780$145,861$134,725
6San Jose, CA $225,280$147,303$133,399
7Boulder, CO $192,970$135,904$129,184
8Denver, CO $193,400$136,206$128,761
130Toledo, OH$125,330$94,265$103,072

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 177 metros →

Financial Manager salaries elsewhere in Ohio

Frequently asked questions

How much does a financial manager make in Toledo, OH?

The median financial manager salary in the Toledo, OH metro area is $125,330 a year, or about $60.25 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $88,420 and $165,940.

What is a financial manager’s take-home pay in Toledo, OH?

On the median $125,330 salary, a single filer living in Ohio takes home about $94,265 a year ($7,855 a month) after federal tax, Social Security, Medicare and $2,664 in Ohio taxes in 2026.

Is Toledo, OH a good place to work as a financial manager?

Pay here is 25% below the national median of $166,570. Local prices are 8.5% below the U.S. average, so the take-home pay buys what $103,072 would in a typical U.S. city. Toledo, OH ranks #130 of 177 metro areas for cost-of-living-adjusted pay in this job.

Can a financial manager afford rent in Toledo, OH?

HUD’s fair market rent for a one-bedroom in Toledo, OH is $820 a month ($1,076 for two bedrooms) — 10% 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 Toledo, OH →