Financial Managers salary in Des Moines, IA
Median pay for financial managers in Des Moines, IA: $136,600/yr
Typical range (10th–90th percentile): $82,340 – $229,210 · about 4,160 employed locally
Above the typical metro median ($131,810) by +$4,790 (+4%).
What it's really worth in Des Moines
With Des Moines's cost of living at 93 (US=100), that $136,600 has the buying power of about $147,274 in an average-cost US metro.
Local context: median household income $81,103 · median home $296,070 · median rent $1,293/mo.
How Des Moines ranks for this job
On raw pay, Des Moines, IA is 63rd of the 187 metros we hold financial managers wages for. Once Des Moines's cost of living is applied, it ranks 44th.
Pay here goes further than the headline number suggests — Des Moines is one of the places where financial managers gain ground in real terms, because local costs are low relative to what the job pays.
What that salary buys in Des Moines
A median home in Des Moines, IA costs $296,070 — about 2.2× this salary, against a typical US metro figure of 4.7×. Buying is more attainable here than in the average metro on this income.
Median rent of $1,293/mo works out at 11% of gross pay — inside the conventional 30% affordability ceiling.
Where financial managers earn more
Pay on its own is only half the picture, so each row shows what rent costs there relative to Des Moines.
| Metro | Median pay | vs Des Moines | Rent vs Des Moines |
|---|---|---|---|
| New York, NY | $215,630 | +58% | 2.7× |
| San Jose, CA | $211,850 | +55% | 2.8× |
| San Francisco, CA | $203,620 | +49% | 2.5× |
| Boulder, CO | $176,880 | +29% | 1.7× |
Same job elsewhere in IA
| Metro | Median pay | vs Des Moines | Rent vs Des Moines |
|---|---|---|---|
| Davenport, IA | $124,970 | −9% | 0.8× |
| Cedar Rapids, IA | $122,630 | −10% | 1× |
Staying in IA keeps state income tax and licensing the same, which makes these the most directly comparable moves.
Who hires financial managers around Des Moines
Large local employers in sectors that typically employ this role.
- Principal Financial Group · Finance
- Wells Fargo Home Mortgage · Finance
- UnityPoint Health · Healthcare
- MercyOne Des Moines · Healthcare
Other jobs in Des Moines
Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 187 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.