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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 information of financial managers in Cedar Rapids is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$58,380
25th Percentile Wage
$80,300
50th Percentile Wage
$106,570
75th Percentile Wage
$139,760
90th Percentile Wage
$191,110

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 $191,110. The median (50th percentile) annual salary is $106,570. The average annual salary for the bottom 10 percent earners is $58,380.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$28.07
25th Percentile Wage
$38.61
50th Percentile Wage
$51.24
75th Percentile Wage
$67.19
90th Percentile Wage
$91.88

Table 2 shows the average hourly salary for financial managers in Cedar Rapids, Iowa. The average hourly salary for the 90th percentile is $91.88. The median hourly salary is $51.24. The average hourly salary for the bottom 10 percent is $28.07.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016106,5702.34%0.00%
2015104,080-7.57%-
2014111,9602.50%-
2013109,1602.37%-
2012106,570--

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 $106,570, 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 $107,410). Compared with Des Moines-West Des Moines, the median annual salary of financial managers in Cedar Rapids is .8 percent (.8%) lower.

Cities/Areas Median Annual Salary
Des Moines-West Des Moines
$107,410
Cedar Rapids
$106,570
Waterloo-Cedar Falls
$95,520
Ames
$95,320
Davenport-Moline-Rock Island
$92,380
Dubuque
$92,010
Iowa City
$90,470
Southeast Iowa nonmetropolitan area
$87,780
Southwest Iowa nonmetropolitan area
$86,440
Northwest Iowa nonmetropolitan area
$80,480
Northeast Iowa nonmetropolitan area
$79,660

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