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Springfield, MA metro area · BLS May 2025 · Updated

How much does a financial manager make in Springfield, MA?

In the Springfield, MA metropolitan area, financial managers earned a median of $175,950 a year ($84.59 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 920 of these jobs there. That is 239% above the $51,930 median for all jobs in the metro. The middle 80% earned between $94,300 and $282,950; these percentiles do not measure years of experience. Applying 2026 federal and Massachusetts tax rules to the median leaves an estimated $123,050 in take-home pay.

Financial manager pay in Springfield, MA at a glance

Median salary

$175,950$84.59 per hour · $14,663 monthly · BLS May 2025
10th percentile$94,300$45.34/hr
25th percentile$132,140$63.53/hr
75th percentile$231,910$111.50/hr
90th percentile$282,950$136.03/hr
Jobs in this metro920Location quotient 0.85 (U.S. = 1.00)
Against all jobs here239% aboveAll-jobs median $51,930
Against Massachusetts15% belowStatewide median $206,760
Against the U.S.6% aboveNational 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 $175,000 a year leaves after tax in MassachusettsFederal tax, FICA and Massachusetts withholding on that salary, with the other 49 states beside it.
By the hour$85 an hour is how much a yearWeekly, biweekly and monthly gross at 2,080 hours, plus time and a half.
HousingWhat a $175,000 salary buys at today's ratesPrice range, down payment and the monthly payment behind it, on current mortgage rates.
Local pricesWhat $175,000 is worth where you liveRent, groceries and the local price level against the national average.
Same stateEvery occupation Massachusetts publishes a wage forThe biggest employers, the best paid, and what is distinctive about Massachusetts.

Financial manager salary in Springfield, MA after taxes

$175,950
$70,000$355,000
Filing status:
Gross salary breakdown$175,950
Net 70%
Fed 18%
MA 5%
FICA 8%
Annual take-home$123,050After all taxes
Monthly deposit$10,254Estimated per month
Biweekly paycheck$4,733Every 2 weeks (26/yr)
Effective tax rate30.1%Total tax burden
Federal income tax$30,962 / yr
Massachusetts state income tax$8,478 / yr
FICA (Social Security & Medicare)$13,460 / yr
Customize deductions in full Massachusetts calculator

Financial managers pay range in Springfield, MA, hourly and yearly

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

What financial managers earned in the Springfield, MA metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (MA)
10th percentile$45.34/hr$7,858$94,300$70,775
25th percentile$63.53/hr$11,012$132,140$95,297
MedianMedian$84.59/hr$14,663$175,950$123,050
75th percentile$111.50/hr$19,326$231,910$160,030
90th percentile$136.03/hr$23,579$282,950$190,667

Is $175,950 a good salary in Springfield, MA?

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$71,306Census Bureau ACS
Local price level (U.S. = 100)96.13.9% below national average
One paycheck vs. a household246.8%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 Massachusetts metros

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

Financial manager pay in Springfield, MA: common questions

What is the median salary for financial managers in Springfield, MA?

The BLS median annual wage for financial managers in the Springfield, MA metro area was $175,950 in May 2025, about $14,663 a month or $84.59 an hour. Statewide, the Massachusetts median for this job is $206,760, so the metro pays 15% below the state.

What is the hourly pay for financial managers in Springfield, MA?

The median hourly wage for financial managers in Springfield, MA was $84.59 in the BLS survey. One in ten earned less than $45.34 an hour and one in ten earned more than $136.03.

How many financial managers work in Springfield, MA?

BLS estimated 920 jobs for financial managers in the metro in May 2025, or 4.6 of every 1,000 jobs. Its location quotient of 0.85 means the job is less concentrated here than in the country as a whole.

What is the pay range for financial managers in Springfield, MA?

BLS wage estimates for financial managers in Springfield, MA run from $94,300 at the 10th percentile to $132,140 at the 25th, $231,910 at the 75th, and $282,950 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Springfield, MA?

On a median gross salary of $175,950, an estimated $123,050 lands in net take-home pay per year ($4,733 biweekly) for a single filer claiming the standard deduction in Massachusetts in 2026. Total tax withholding equals $52,900 (an effective rate of 30.1%).

How much do financial managers make per month in Springfield, MA?

On the median annual salary of $175,950, gross monthly income is $14,663. After federal, FICA, and Massachusetts state income taxes, estimated net take-home pay is $10,254 per month (or $4,733 every two weeks).

Is $175,950 a good salary in Springfield, MA?

At $175,950, the median salary for financial managers is 246.8% of the Springfield, MA median household income ($71,306). It is 239% above the $51,930 median for all jobs in the metro. The BEA regional price parity is 96.1, so prices here run 3.9% below the U.S. average.