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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
$58,720
25th Percentile Wage
$75,910
50th Percentile Wage
$106,860
75th Percentile Wage
$140,460
90th Percentile Wage
$190,500

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
2017
$106,860
0.27% 0.27%
2016
$106,570
2.34% -
2015
$104,080
-7.57% -
2014
$111,960
2.50% -
2013
$109,160
2.37% -
2012
$106,570
- -

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 $106,860, 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
$111,910
Cedar Rapids
$106,860
Davenport-Moline-Rock Island
$98,960
Waterloo-Cedar Falls
$97,820
Dubuque
$96,310
Iowa City
$94,320
Southeast Iowa nonmetropolitan area
$89,710
Ames
$89,370
Northwest Iowa nonmetropolitan area
$87,610
Northeast Iowa nonmetropolitan area
$82,840
Southwest Iowa nonmetropolitan area
$80,040



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