Financial Managers in Texas
May 2025 wages · tax year 2026
You keep
$123,948
after federal, FICA and Texas tax
Tax takes
$40,912
24.8% of the whole
Worth, in national money
$127,551
Texas costs less than average
On that salary you would be around the 25th percentile for this work in Texas — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$164,860
Kept after tax
$123,948
Worth in national money
$127,551
State rank
15
of 51 states
What this pays, and what it is worth
- Pay for financial managers is strong here. Texas's middle earner gets $164,860, putting the state 15 of 51 — about 1.03% ahead of the national figure.
- Within Texas this is well-paid work. Of 493 occupations with published figures in the state, financial managers ranks 8 — in the top quarter of everything people do there.
- Prices here sit close to the national average, so the adjustment changes little. From $164,860 the take-home is $123,948, which is worth about $127,551 in comparable money. Tax does most of the work here, not cost of living. The average is higher, $180,170, because the best-paid pull it up.
- For financial managers, Texas sits in the upper band nationally: a median of $164,860, ranking 15 of 51 and running about 1.03% above the national midpoint. Nominal advantage of this size is usually, though not always, large enough to survive the state's own tax and price levels.
- Ranked against every occupation Texas publishes a median for, financial managers sits 8 of 493 — the upper quartile of the state's wage distribution. National standing and within-state standing are separate questions, and a job can occupy very different positions on each.
- Texas's price level is near the national average, so price deflation is close to neutral for financial managers on its $164,860 median: $123,948 retained after tax becomes $127,551 in national-average terms. Where the price adjustment is small, the tax stack is the dominant determinant of the real outcome. The mean of $180,170 sits above the median, the right skew typical of wage data.
Compare this career across states
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Pay band: Financial Managers
The state median for this job
| Lowest tenth earn under | $98,250 |
|---|---|
| Half earn under | $164,860 |
| Top tenth earn over | $309,290 |
| This salary | $164,860 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Texas | $123,948 |
|---|---|
| Take-home in Florida | $123,948 |
| Once local prices are leveledBEA price parity | −$7,739 |
The raise and the real gain point in opposite directions here.
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $164,860 |
|---|---|
| Raise you would need | +$11,714 |
| Prices in Florida | 103 vs 97 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Treat $164,860 as a midpoint for Texas, not a promise. The tenth percentile is $98,250 and the ninetieth is $309,290 — a wide band, and where you land in it depends on far more than the state.
- One filer, no dependants, no pension contributions — that is the household behind Texas's $123,948, worked from $164,860. That is on purpose. It lets states be compared with each other, not with each other's family circumstances. Local city taxes are left out. Locally this work ranks 8 of 493.
- One number stands for prices across all of Texas, which is a simplification — big cities cost far more than small towns. Read $127,551, the adjusted value of that $164,860 median, as a way to compare states fairly, not as a quote for any particular place. The two datasets are also from different years. This job sits at 8 of 493 in the state.
- The Texas median of $164,860 describes the midpoint of a distribution spanning $98,250 to $309,290. Because that spread is typically larger than the interstate spread, a state median is a weak predictor for any individual worker in this occupation.
- The Texas take-home of $123,948, on $164,860 for work ranking 8 of 493 locally, models the simplest household deliberately: holding it constant is what makes the interstate comparison meaningful. It also means the absolute figure overstates liability for most real filers, and municipal income taxes are outside the model entirely. The occupation ranks 8 of 493 in the state.
- Price deflation uses one statewide parity for Texas, so $127,551 — the adjusted value of that $164,860 median — establishes comparability between states rather than accuracy within one. The wage and parity series are dated independently, each following its own publication cycle, and neither is projected forward. This occupation sits at 8 of 493 locally.
Questions people ask
Is this the average pay for the job?
No — it is the middle. Half of these workers earn more and half earn less. The average is $180,170, pulled upward by the top of the range, which is why the middle is the fairer number to plan against.
Why is the pay range for this job so wide?
Because one job title covers very different work. The bottom tenth here earn $98,250 and the top tenth $309,290 — experience, employer and specialism separate them, and a single figure hides all three.
What does this pay actually buy where I live?
Further than the number implies. Texas is cheaper than the national average, so this take-home behaves like $127,551 in national terms.
Is most of this wage taxed away?
Less than people assume. $123,948 of this wage reaches your account, because Texas takes no income tax from wages — but federal tax, Social Security and Medicare still apply exactly as they do everywhere else.
Can I compare this job across every state?
All 51 jurisdictions report this work, which makes the ranking a like-for-like one.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Texas is $180,170. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($98,250) and the ninetieth ($309,290) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Texas's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $127,551 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
Why is the take-home ratio comparatively high in this state?
Texas levies no personal income tax on wages, so take-home of $123,948 reflects the federal layer and FICA alone. Federal income tax and FICA are unchanged; states without a wage income tax generally recover revenue through consumption and property bases instead.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.