Financial Managers salary in Montgomery, AL
Median pay for financial managers in Montgomery, AL: $126,460/yr
Typical range (10th–90th percentile): $80,820 – $210,690 · about 570 employed locally
Below the typical metro median ($131,810) by −$5,350 (-4%).
What it's really worth in Montgomery
With Montgomery's cost of living at 90 (US=100), that $126,460 has the buying power of about $140,610 in an average-cost US metro.
Local context: median household income $60,849 · median home $214,099 · median rent $1,402/mo.
How Montgomery ranks for this job
On raw pay, Montgomery, AL is 129th of the 187 metros we hold financial managers wages for. Once Montgomery's cost of living is applied, it ranks 77th.
Pay here goes further than the headline number suggests — Montgomery 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 Montgomery
A median home in Montgomery, AL costs $214,099 — about 1.7× 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 $1,402/mo works out at 13% 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 Montgomery.
| Metro | Median pay | vs Montgomery | Rent vs Montgomery |
|---|---|---|---|
| New York, NY | $215,630 | +71% | 2.5× |
| San Jose, CA | $211,850 | +68% | 2.6× |
| San Francisco, CA | $203,620 | +61% | 2.3× |
| Boulder, CO | $176,880 | +40% | 1.6× |
Same job elsewhere in AL
| Metro | Median pay | vs Montgomery | Rent vs Montgomery |
|---|---|---|---|
| Birmingham, AL | $146,610 | +16% | 1× |
| Huntsville, AL | $142,220 | +12% | 1× |
| Daphne, AL | $130,930 | +4% | 1.2× |
| Tuscaloosa, AL | $126,740 | +0% | 1.1× |
Staying in AL keeps state income tax and licensing the same, which makes these the most directly comparable moves.
Who hires financial managers around Montgomery
Large local employers in sectors that typically employ this role.
- Hyundai Motor Manufacturing Alabama · Manufacturing
- Hyundai MOBIS · Manufacturing
- Baptist Health · Healthcare
- Jackson Hospital · Healthcare
Other jobs in Montgomery
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.