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Financial Manager Salary Information in Cedar Rapids, Iowa

The annual and hourly salary statistics of financial managers in Cedar Rapids, Iowa are shown in Table 1 and Table 2, respectively. The wage statistics of financial managers in Cedar Rapids is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Cedar Rapids, Iowa

Percentile BracketAverage Annual Salary
10th Percentile Wage
25th Percentile Wage
50th Percentile Wage
75th Percentile Wage
90th Percentile Wage

Table 1 shows the average annual salary for financial managers in Cedar Rapids, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $190,500. The median (50th percentile) annual salary is $106,860. The average annual salary for the bottom 10 percent earners is $58,720.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
0.27% 0.27%
2.34% -
-7.57% -
2.50% -
2.37% -
- -

Table 3. Compare Financial Manager Salary in Cedar Rapids with Other Iowa Cities

From Table 3 we note that with a median annual salary of $106,860, Cedar Rapids is the second highest paying city for financial managers in state of Iowa, following the highest paying city Des Moines-West Des Moines (median annual salary of $111,910). Compared with Des Moines-West Des Moines, the median annual salary of financial managers in Cedar Rapids is 4.5 percent (4.5%) lower.

Cities/Areas Median Annual Salary
Des Moines-West Des Moines
Cedar Rapids
Davenport-Moline-Rock Island
Waterloo-Cedar Falls
Iowa City
Southeast Iowa nonmetropolitan area
Northwest Iowa nonmetropolitan area
Northeast Iowa nonmetropolitan area
Southwest Iowa nonmetropolitan area

See also: Top paying jobs in Cedar Rapids, Iowa.