SOC 11-3031

Financial Manager Salary in Elkhart-Goshen, IN (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 + IN + Municipal
COL Index: 97.47 (-2.5% vs US)
Net Compensation Yield 66.9% Realized
$97,644 / net annual direct deposit
Gross Adjusted $145,980 $70.18/hr
Effective Tax Drag 27.11% Combined Jurisdictions
Marginal Top Bracket 24% Federal Statutory
Total Withheld -$39,578 $1,522.21/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 $70.18 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$8,759/yr)
0% Tax Shield: ~$2,102/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$21,667
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$9,051
Medicare Hospital Insurance
Statutory 1.45%
-$2,117
Indiana Individual Income Tax
State Marginal Bracket
-$4,019
Elkhart County income tax
2.00%
-$2,724
Net Take-Home Annual Realized
$97,644 ($3,755.53 / check)
Category 2 of 6

Elkhart-Goshen, IN Financial Manager Wage Distribution

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

Your Salary: $145,980
MIDDLE 50% (IQR RANGE) 10th $83.5k 25th $104k Median: $145,980 50th (Median) $146k 75th $198k 90th $255k You: $145,980
10th (Entry) $83,530 $40.16/hr
25th (Junior) $104,460 $50.22/hr
50th (Median) $145,980 $70.18/hr
75th (Senior) $198,430 $95.40/hr
90th (Lead/Master) $254,770 $122.49/hr
Career Progression & Licensing Milestones for Financial Manager in Elkhart-Goshen, IN
1
Senior Financial AnalystBachelor's degree (most common O*NET requirement); entry into the field
$82,643$39.73/hr · 0-2 Years
2
Assistant Finance ManagerDemonstrated results in role; works independently on core responsibilities; CPA or CFA designation
$109,987$52.88/hr · 2-5 Years
3
Financial ManagerFull professional competence; leads projects or a small team
$146,006$70.20/hr · 5-9 Years
4
Senior Finance ManagerOwns budget, hiring and outcomes for a department or large program
$192,805$92.69/hr · 9-14 Years
5
Vice President of FinanceExecutive or principal scope; sets strategy across the organization or profession
$283,336$136.22/hr · 14+ Years
Scaled to the Elkhart-Goshen, IN medianView National Financial Manager Salary Data
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 Elkhart-Goshen, IN 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) $1,048/month Requires minimum annual gross of $41,920
HUD Fair Market Rent (2-Bedroom) $1,253/month Requires minimum annual gross of $50,120
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $21.56/hr
Per adult, 2 working adults + 1 child: $19.41/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 Elkhart-Goshen, IN.

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$145,980-$39,578$97,644$3,755.53
+5h Overtime/Wk45 hrs$173,351-$49,120$113,830$4,378.09
+10h Overtime/Wk50 hrs$200,723-$57,663$131,016$5,039.08
+15h Overtime/Wk55 hrs$228,094-$65,755$148,653$5,717.43
+20h Overtime/Wk60 hrs$255,465-$75,628$164,510$6,327.29
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 Elkhart-Goshen, IN: Compensation & Purchasing Power Briefing (2026)

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

Market Baseline
$145,980/yr
$70.18/hr · SOC 11-3031
Statutory Tax Drag
27.11% Effective
-$39,578 in Total Taxes
HUD 1BR Shelter Ratio
13% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$7,089/mo
Post-$1,048/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 Elkhart-Goshen, IN: Market Snapshot

Financial Manager roles in Elkhart-Goshen, IN report a median annual wage of $145,980, 12.4% below the national median of $166,570. The 10th to 90th percentile band runs from $83,530 to $254,770, and HUD’s $1,048 monthly one-bedroom fair market rent equals 8.6% of that median gross pay. The single-adult living wage benchmark for the area is $21.56 per hour.

Highest-paying metropolitan areas for Financial Manager

Metropolitan areaMedian annual wageVs this market
San Jose-Sunnyvale-Santa Clara, CA$225,280+54.3%
New York-Newark-Jersey City, NY-NJ$221,010+51.4%
San Francisco-Oakland-Fremont, CA$216,150+48.1%
Bridgeport-Stamford-Danbury, CT$211,000+44.5%
Boston-Cambridge-Newton, MA-NH$209,780+43.7%
Denver-Aurora-Centennial, CO$193,400+32.5%
Boulder, CO$192,970+32.2%
Seattle-Tacoma-Bellevue, WA$185,550+27.1%
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270+26.9%
Trenton-Princeton, NJ$184,800+26.6%

Top-paying occupations benchmarked in Elkhart-Goshen, IN

OccupationMedian annual wageMedian hourly
Architectural and Engineering Managers$150,010$72.12/hr
Marketing Managers$139,520$67.08/hr
Computer and Information Systems Managers$138,060$66.38/hr
Sales Managers$136,270$65.51/hr
Human Resources Managers$134,320$64.58/hr
Purchasing Managers$130,510$62.75/hr
Administrative Services Managers$127,210$61.16/hr
Nurse Practitioner$127,190$61.15/hr
General and Operations Managers$122,070$58.69/hr
Industrial Production Managers$109,750$52.76/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 Elkhart-Goshen, IN (2026) Overview

Financial Manager median pay in Elkhart-Goshen, IN is $145,980 a year ($70.18/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents & living. Official 2026 economic data for Financial Manager in Elkhart-Goshen, IN 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 Elkhart-Goshen, IN?

The median annual wage is $145,980 ($70.18 per hour). The middle 80% of earners make between $83,530 and $254,770. Source: BLS OEWS (May 2025).

What is the take-home pay for a Financial Manager in Elkhart-Goshen, IN after taxes?

On the median wage of $145,980, a single filer with no pre-tax deductions takes home about $103,867 a year ($8,656 a month) after $42,113 in federal, FICA, state and local taxes, an effective rate of 28.85%, using 2026 tax rules.