SOC 11-3031

Financial Manager Salary in Waterloo-Cedar Falls, IA (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 + IA
COL Index: 90.14 (-9.9% vs US)
Net Compensation Yield 69.6% Realized
$87,533 / net annual direct deposit
Gross Adjusted $125,690 $60.43/hr
Effective Tax Drag 24.36% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$30,616 $1,177.53/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 $60.43 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$7,541/yr)
0% Tax Shield: ~$1,659/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$17,163
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$7,793
Medicare Hospital Insurance
Statutory 1.45%
-$1,823
Iowa Individual Income Tax
State Marginal Bracket
-$3,838
Net Take-Home Annual Realized
$87,533 ($3,366.65 / check)
Category 2 of 6

Waterloo-Cedar Falls, IA Financial Manager Wage Distribution

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

Your Salary: $125,690
MIDDLE 50% (IQR RANGE) 10th $80.8k 25th $100k Median: $125,690 50th (Median) $126k 75th $173k 90th $216k You: $125,690
10th (Entry) $80,800 $38.85/hr
25th (Junior) $100,440 $48.29/hr
50th (Median) $125,690 $60.43/hr
75th (Senior) $172,890 $83.12/hr
90th (Lead/Master) $216,490 $104.08/hr
Career Progression & Licensing Milestones for Financial Manager in Waterloo-Cedar Falls, IA
1
Senior Financial AnalystBachelor's degree (most common O*NET requirement); entry into the field
$71,157$34.21/hr · 0-2 Years
2
Assistant Finance ManagerDemonstrated results in role; works independently on core responsibilities; CPA or CFA designation
$94,699$45.53/hr · 2-5 Years
3
Financial ManagerFull professional competence; leads projects or a small team
$125,713$60.44/hr · 5-9 Years
4
Senior Finance ManagerOwns budget, hiring and outcomes for a department or large program
$166,007$79.81/hr · 9-14 Years
5
Vice President of FinanceExecutive or principal scope; sets strategy across the organization or profession
$243,955$117.29/hr · 14+ Years
Scaled to the Waterloo-Cedar Falls, IA 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 Waterloo-Cedar Falls, IA under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
11% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $838/month Requires minimum annual gross of $33,520
HUD Fair Market Rent (2-Bedroom) $1,096/month Requires minimum annual gross of $43,840
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $19.94/hr
Per adult, 2 working adults + 1 child: $18.73/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 Waterloo-Cedar Falls, IA.

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$125,690-$30,616$87,533$3,366.65
+5h Overtime/Wk45 hrs$149,257-$38,504$101,797$3,915.28
+10h Overtime/Wk50 hrs$172,824-$46,466$115,989$4,461.11
+15h Overtime/Wk55 hrs$196,391-$53,690$130,918$5,035.29
+20h Overtime/Wk60 hrs$219,958-$60,370$146,391$5,630.41
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 Waterloo-Cedar Falls, IA: Compensation & Purchasing Power Briefing (2026)

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

Market Baseline
$125,690/yr
$60.43/hr · SOC 11-3031
Statutory Tax Drag
24.36% Effective
-$30,616 in Total Taxes
HUD 1BR Shelter Ratio
11% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$6,456/mo
Post-$838/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 Waterloo-Cedar Falls, IA: Market Snapshot

Financial Manager roles in Waterloo-Cedar Falls, IA report a median annual wage of $125,690, 24.5% below the national median of $166,570. The 10th to 90th percentile band runs from $80,800 to $216,490, and HUD’s $838 monthly one-bedroom fair market rent equals 8.0% of that median gross pay. The single-adult living wage benchmark for the area is $19.94 per hour.

Highest-paying metropolitan areas for Financial Manager

Metropolitan areaMedian annual wageVs this market
San Jose-Sunnyvale-Santa Clara, CA$225,280+79.2%
New York-Newark-Jersey City, NY-NJ$221,010+75.8%
San Francisco-Oakland-Fremont, CA$216,150+72.0%
Bridgeport-Stamford-Danbury, CT$211,000+67.9%
Boston-Cambridge-Newton, MA-NH$209,780+66.9%
Denver-Aurora-Centennial, CO$193,400+53.9%
Boulder, CO$192,970+53.5%
Seattle-Tacoma-Bellevue, WA$185,550+47.6%
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270+47.4%
Trenton-Princeton, NJ$184,800+47.0%

Top-paying occupations benchmarked in Waterloo-Cedar Falls, IA

OccupationMedian annual wageMedian hourly
Chief Executives$199,010$95.68/hr
Architectural and Engineering Managers$140,340$67.47/hr
Physician Assistant$132,880$63.88/hr
Computer and Information Systems Managers$132,210$63.56/hr
Nurse Practitioner$126,330$60.74/hr
Human Resources Managers$125,970$60.56/hr
Sales Managers$125,050$60.12/hr
Marketing Managers$114,940$55.26/hr
Software Engineer$113,970$54.79/hr
Solutions Architect$107,660$51.76/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 Waterloo-Cedar Falls, IA (2026) Overview

Financial Manager median pay in Waterloo-Cedar Falls, IA is $125,690 a year ($60.43/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents. Official 2026 economic data for Financial Manager in Waterloo-Cedar Falls, IA 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 Waterloo-Cedar Falls, IA?

The median annual wage is $125,690 ($60.43 per hour). The middle 80% of earners make between $80,800 and $216,490. Source: BLS OEWS (May 2025).

What is the take-home pay for a Financial Manager in Waterloo-Cedar Falls, IA after taxes?

On the median wage of $125,690, a single filer with no pre-tax deductions takes home about $93,051 a year ($7,754 a month) after $32,639 in federal, FICA, state and local taxes, an effective rate of 25.97%, using 2026 tax rules.