SOC 11-3031

Financial Manager Salary in Duluth, MN-WI (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + MN
COL Index: 96.94 (-3.1% vs US)
Net Compensation Yield 67.4% Realized
$85,518 / net annual direct deposit
Gross Adjusted $126,800 $60.96/hr
Effective Tax Drag 26.56% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$33,674 $1,295.16/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $60.96 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$7,608/yr)
0% Tax Shield: ~$1,674/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$17,392
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$7,862
Medicare Hospital Insurance
Statutory 1.45%
-$1,839
Minnesota Individual Income Tax
State Marginal Bracket
-$6,582
Net Take-Home Annual Realized
$85,518 ($3,289.15 / check)
Category 2 of 6

Duluth, MN-WI Financial Manager Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $126,800
MIDDLE 50% (IQR RANGE) 10th $83.5k 25th $98.7k Median: $126,800 50th (Median) $127k 75th $157k 90th $210k You: $126,800
10th (Entry) $83,510 $40.15/hr
25th (Junior) $98,730 $47.47/hr
50th (Median) $126,800 $60.96/hr
75th (Senior) $157,390 $75.67/hr
90th (Lead/Master) $210,110 $101.01/hr
Career Progression & Licensing Milestones for Financial Manager in Duluth, MN-WI
1
Senior Financial AnalystBachelor's degree (most common O*NET requirement); entry into the field
$71,785$34.51/hr · 0-2 Years
2
Assistant Finance ManagerDemonstrated results in role; works independently on core responsibilities; CPA or CFA designation
$95,536$45.93/hr · 2-5 Years
3
Financial ManagerFull professional competence; leads projects or a small team
$126,823$60.97/hr · 5-9 Years
4
Senior Finance ManagerOwns budget, hiring and outcomes for a department or large program
$167,473$80.52/hr · 9-14 Years
5
Vice President of FinanceExecutive or principal scope; sets strategy across the organization or profession
$246,109$118.32/hr · 14+ Years
Adjacent Career Pivots & National Pay Differences
Accountants and Auditors-$82,890/yr
National median: $83,680
Skill overlap: 91%View Salary
Personal Financial Advisors-$61,500/yr
National median: $105,070
Skill overlap: 90%
Loan Officers-$89,880/yr
National median: $76,690
Skill overlap: 90%
Credit Analysts-$83,060/yr
National median: $83,510
Skill overlap: 84%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Duluth, MN-WI under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
13% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $961/month Requires minimum annual gross of $38,440
HUD Fair Market Rent (2-Bedroom) $1,207/month Requires minimum annual gross of $48,280
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $21.44/hr
Per adult, 2 working adults + 1 child: $20.87/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Duluth, MN-WI.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$126,800-$33,674$85,518$3,289.15
+5h Overtime/Wk45 hrs$150,575-$42,501$99,040$3,809.23
+10h Overtime/Wk50 hrs$174,350-$51,437$112,452$4,325.06
+15h Overtime/Wk55 hrs$198,125-$59,529$126,708$4,873.39
+20h Overtime/Wk60 hrs$221,900-$67,189$141,397$5,438.34
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Financial Manager in Duluth, MN-WI: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Minnesota tax codes.

Market Baseline
$126,800/yr
$60.96/hr · SOC 11-3031
Statutory Tax Drag
26.56% Effective
-$33,674 in Total Taxes
HUD 1BR Shelter Ratio
13% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$6,165/mo
Post-$961/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 11-3031
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Financial Manager in Duluth, MN-WI: Market Snapshot

Financial Manager roles in Duluth, MN-WI report a median annual wage of $126,800, 23.9% below the national median of $166,570. The 10th to 90th percentile band runs from $83,510 to $210,110, and HUD’s $961 monthly one-bedroom fair market rent equals 9.1% of that median gross pay. The single-adult living wage benchmark for the area is $21.44 per hour.

Highest-paying metropolitan areas for Financial Manager

Metropolitan areaMedian annual wageVs this market
San Jose-Sunnyvale-Santa Clara, CA$225,280+77.7%
New York-Newark-Jersey City, NY-NJ$221,010+74.3%
San Francisco-Oakland-Fremont, CA$216,150+70.5%
Bridgeport-Stamford-Danbury, CT$211,000+66.4%
Boston-Cambridge-Newton, MA-NH$209,780+65.4%
Denver-Aurora-Centennial, CO$193,400+52.5%
Boulder, CO$192,970+52.2%
Seattle-Tacoma-Bellevue, WA$185,550+46.3%
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270+46.1%
Trenton-Princeton, NJ$184,800+45.7%

Top-paying occupations benchmarked in Duluth, MN-WI

OccupationMedian annual wageMedian hourly
Chief Executives$158,260$76.09/hr
Architectural and Engineering Managers$150,190$72.21/hr
Computer and Information Systems Managers$149,710$71.98/hr
Marketing Managers$142,080$68.31/hr
Nurse Practitioner$136,530$65.64/hr
Physician Assistant$135,860$65.32/hr
Human Resources Managers$124,290$59.75/hr
Education Administrators, Kindergarten through Secondary$123,090$59.18/hr
Natural Sciences Managers$113,500$54.57/hr
Sales Managers$113,360$54.50/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 390 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Financial Manager Salary in Duluth, MN-WI (2026) Overview

Financial Manager median pay in Duluth, MN-WI is $126,800 a year ($60.96/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents & living. Official 2026 economic data for Financial Manager in Duluth, MN-WI compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a Financial Manager in Duluth, MN-WI?

The median annual wage is $126,800 ($60.96 per hour). The middle 80% of earners make between $83,510 and $210,110. Source: BLS OEWS (May 2025).

What is the take-home pay for a Financial Manager in Duluth, MN-WI after taxes?

On the median wage of $126,800, a single filer with no pre-tax deductions takes home about $90,813 a year ($7,568 a month) after $35,987 in federal, FICA, state and local taxes, an effective rate of 28.38%, using 2026 tax rules.