Financial Manager Salary Information in Toledo, Ohio

The annual and hourly salary statistics of financial managers in Toledo, Ohio are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Toledo 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 Toledo, Ohio

Percentile BracketAverage Annual Salary
10th Percentile Wage
$53,550
25th Percentile Wage
$67,390
50th Percentile Wage
$93,010
75th Percentile Wage
$128,260
90th Percentile Wage
$179,240

Table 1 shows the average annual salary for financial managers in Toledo, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $179,240. The median (50th percentile) annual salary is $93,010. The average annual salary for the bottom 10 percent earners is $53,550.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$25.74
25th Percentile Wage
$32.40
50th Percentile Wage
$44.72
75th Percentile Wage
$61.67
90th Percentile Wage
$86.17

Table 2 shows the average hourly salary for financial managers in Toledo, Ohio. The average hourly salary for the 90th percentile is $86.17. The median hourly salary is $44.72. The average hourly salary for the bottom 10 percent is $25.74.

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
201693,0102.54%11.06%
201590,6500.36%-
201490,3205.71%-
201385,1602.87%-
201282,720--

Table 3. Compare Financial Manager Salary in Toledo with Other Ohio Cities

From Table 3 we note that the median annual salary of $93,010 in Toledo is in the middle of salary range for financial managers in state of Ohio. In comparison, the annual salary of financial managers in Toledo is 22.5 percent (22.5%) lower than that in the highest paying Cincinnati-Middletown and 16.6 percent (16.6%) higher than that in the lowest paying Sandusky.

Cities/Areas Median Annual Salary
Cincinnati-Middletown
$120,020
Cleveland-Elyria-Mentor
$116,120
Columbus
$113,950
Akron
$109,070
Dayton
$109,050
Southern Ohio nonmetropolitan area
$94,060
Toledo
$93,010
Canton-Massillon
$92,070
West Northwestern Ohio nonmetropolitan area
$89,590
Mansfield
$83,930
Eastern Ohio nonmetropolitan area
$81,200
Springfield
$80,940
Other Ohio nonmetropolitan area
$80,390
Lima
$79,880
Sandusky
$77,570

See also: Top paying jobs in Toledo, Ohio.