Financial Manager Salary Information in Ohio

The average annual and hourly salaries for financial managers in the state of Ohio are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers among Ohio areas is shown in Table 3. The salary statistics are 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 & 2. Annual & Hourly Salary of Financial Managers in Ohio

Percentile BracketAverage Annual Salary
10th Percentile Wage
$63,980
25th Percentile Wage
$85,980
50th Percentile Wage
$116,080
75th Percentile Wage
$158,520
90th Percentile Wage
$207,060

Table 1 shows the average annual salary for financial managers in Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,060. The median (50th percentile) annual salary is $116,080. The average annual salary for the bottom 10 percent is $63,980.

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
$116,080
4.11% 15.86%
2016
$111,310
4.48% -
2015
$106,320
4.02% -
2014
$102,050
4.00% -
2013
$97,970
0.31% -
2012
$97,670
- -

Table 3. Median Annual Salary of Financial Managers in Ohio Cities

Table 3 shows the median annual salary of financial managers in some Ohio cities and metropolitan areas. We note that the median annual salary of financial managers in state of Ohio ranges from $77,570 to $123,700. The highest paying area for financial managers in Ohio is Cleveland-Elyria-Mentor with a median annual salary of $123,700. The second highest paying city/area in Ohio State is Cincinnati-Middletown (mean annual salary $121,210). The lowest paying area is Sandusky with a median annual salary of $77,570.

Cities/Areas Median Annual Salary
Cleveland-Elyria-Mentor
$123,700
Cincinnati-Middletown
$121,210
Columbus
$117,960
Dayton
$114,200
Akron
$108,910
Mansfield
$104,200
Toledo
$99,970
Canton-Massillon
$98,330
Southern Ohio nonmetropolitan area
$95,450
Other Ohio nonmetropolitan area
$95,110
West Northwestern Ohio nonmetropolitan area
$92,360
Eastern Ohio nonmetropolitan area
$88,520
Lima
$85,180
Springfield
$80,940
Sandusky
$77,570




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