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Rochester, MN metro area · BLS May 2025 · Updated

How much does a financial manager make in Rochester, MN?

In the Rochester, MN metropolitan area, financial managers earned a median of $158,570 a year ($76.24 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 390 of these jobs there. That is 162% above the $60,620 median for all jobs in the metro. The middle 80% earned between $97,410 and $268,200; these percentiles do not measure years of experience. Applying 2026 federal and Minnesota tax rules to the median leaves an estimated $110,034 in take-home pay.

Financial manager pay in Rochester, MN at a glance

Median salary

$158,570$76.24 per hour · $13,214 monthly · BLS May 2025
10th percentile$97,410$46.83/hr
25th percentile$115,870$55.71/hr
75th percentile$203,260$97.72/hr
90th percentile$268,200$128.94/hr
Jobs in this metro390Location quotient 0.59 (U.S. = 1.00)
Against all jobs here162% aboveAll-jobs median $60,620
Against Minnesota3% belowStatewide median $163,410
Against the U.S.5% belowNational median $166,570

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 payWhat $160,000 a year leaves after tax in MinnesotaFederal tax, FICA and Minnesota withholding on that salary, with the other 49 states beside it.
By the hour$75 an hour is how much a yearWeekly, biweekly and monthly gross at 2,080 hours, plus time and a half.
HousingWhat a $160,000 salary buys at today's ratesPrice range, down payment and the monthly payment behind it, on current mortgage rates.
Local pricesWhat $160,000 is worth where you liveRent, groceries and the local price level against the national average.
Same stateEvery occupation Minnesota publishes a wage forThe biggest employers, the best paid, and what is distinctive about Minnesota.

Financial manager salary in Rochester, MN after taxes

$158,570
$60,000$320,000
Filing status:
Gross salary breakdown$158,570
Net 69%
Fed 17%
MN 6%
FICA 8%
Annual take-home$110,034After all taxes
Monthly deposit$9,169Estimated per month
Biweekly paycheck$4,232Every 2 weeks (26/yr)
Effective tax rate30.6%Total tax burden
Federal income tax$26,791 / yr
Minnesota state income tax$9,615 / yr
FICA (Social Security & Medicare)$12,131 / yr
Customize deductions in full Minnesota calculator

Financial managers pay range in Rochester, MN, hourly and yearly

BLS May 2025 estimates for the Rochester, MN metropolitan statistical area. Monthly and take-home figures are ours, computed from the annual wage.

What financial managers earned in the Rochester, MN metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (MN)
10th percentile$46.83/hr$8,118$97,410$72,257
25th percentile$55.71/hr$9,656$115,870$83,989
MedianMedian$76.24/hr$13,214$158,570$110,034
75th percentile$97.72/hr$16,938$203,260$138,205
90th percentile$128.94/hr$22,350$268,200$175,844

Is $158,570 a good salary in Rochester, MN?

It depends on what else people there earn and what things cost. Here is the median for financial managers next to both.

Median household income$91,882Census Bureau ACS
Local price level (U.S. = 100)90.89.2% below national average
One paycheck vs. a household172.6%of area median income

The same job statewide and nationally, and a calculator for your own paycheck.

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Financial managers pay in other Minnesota metros

Metros in the same state that are closest in size to Rochester, MN. A statewide average can hide differences this large.

Financial manager pay in Rochester, MN: common questions

What is the median salary for financial managers in Rochester, MN?

The BLS median annual wage for financial managers in the Rochester, MN metro area was $158,570 in May 2025, about $13,214 a month or $76.24 an hour. Statewide, the Minnesota median for this job is $163,410, so the metro pays 3% below the state.

What is the hourly pay for financial managers in Rochester, MN?

The median hourly wage for financial managers in Rochester, MN was $76.24 in the BLS survey. One in ten earned less than $46.83 an hour and one in ten earned more than $128.94.

How many financial managers work in Rochester, MN?

BLS estimated 390 jobs for financial managers in the metro in May 2025, or 3.2 of every 1,000 jobs. Its location quotient of 0.59 means the job is less concentrated here than in the country as a whole.

What is the pay range for financial managers in Rochester, MN?

BLS wage estimates for financial managers in Rochester, MN run from $97,410 at the 10th percentile to $115,870 at the 25th, $203,260 at the 75th, and $268,200 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Rochester, MN?

On a median gross salary of $158,570, an estimated $110,034 lands in net take-home pay per year ($4,232 biweekly) for a single filer claiming the standard deduction in Minnesota in 2026. Total tax withholding equals $48,536 (an effective rate of 30.6%).

How much do financial managers make per month in Rochester, MN?

On the median annual salary of $158,570, gross monthly income is $13,214. After federal, FICA, and Minnesota state income taxes, estimated net take-home pay is $9,169 per month (or $4,232 every two weeks).

Is $158,570 a good salary in Rochester, MN?

At $158,570, the median salary for financial managers is 172.6% of the Rochester, MN median household income ($91,882). It is 162% above the $60,620 median for all jobs in the metro. The BEA regional price parity is 90.8, so prices here run 9.2% below the U.S. average.