Financial Managers in Utah

A person arriving at a home office with a bag beside a laptop and navy coffee cup.

May 2025 wages · tax year 2026

You keep

$107,404

after federal, FICA and Utah tax

Tax takes

$43,046

28.6% of the whole

Worth, in national money

$113,054

Utah costs less than average

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

$150,450

Kept after tax

$107,404

Worth in national money

$113,054

State rank

22

of 51 states

What this pays, and what it is worth

  • Utah sits in the middle of the pack for financial managers. The median is $150,450, ranking 22 of 51 states with figures. Close enough to the national middle that where you live matters more than the headline suggests.
  • Locally, this pays well. Among 487 occupations Utah reports, financial managers comes in at 9 — comfortably in the upper quarter.
  • Utah is cheaper than average, and that shows up here. From $150,450 the take-home is $107,404; adjusted for what things actually cost, it goes as far as $113,054 would nationally. The average comes to $168,050, above the middle, thanks to the top of the range.
  • Utah occupies the middle band for financial managers: a median of $150,450, ranking 22 of 51. Where nominal pay is close to the national figure, the tax and price adjustments below carry proportionally more weight in determining the real outcome.
  • Financial managers ranks 9 of 487 occupations by median in Utah, in the top quartile. Within-state position is largely independent of national position, so this holds regardless of how the state compares to others for the same work.
  • Post-tax income for financial managers in Utah, on $150,450, is $107,404 — equivalent to $113,054 once regional price parity is applied. ⚠️ The adjustment uses a statewide index that describes no particular address; within-state price variation, concentrated in housing, routinely exceeds the difference between two states. At $168,050 the mean overshoots the median — the usual right-skewed shape.

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Pay band: Financial Managers

The state median for this job

50thpercentile, roughly
Lowest tenth earn under$87,550
Half earn under$150,450
Top tenth earn over$282,980
This salary$150,450

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

Compare with
+$6,695take-home per year in Texas
Take-home in Utah$107,404
Take-home in Texas$114,099
Once local prices are leveledBEA price parity+$4,362

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

Moving to
$0now · $150,450$144,249
$144,249in Texas, for the same life
To match take-home only$140,655
You could take a cut of−$6,201
Prices in Texas97 vs 95

State taxes and state price levels only. No city tax, and no housing market.

Sources and assumptions
  • A median is the middle, not an offer. Half of financial managers in Utah earn under $150,450 and half over. The published range runs $87,550 at the tenth percentile to $282,980 at the ninetieth. Experience and employer move an individual a long way inside that.
  • In Utah the take-home figure of $107,404, from $150,450, assumes one filer, no dependants, and nothing paid into a pension before tax. Each of those lowers the bill, so treat it as the plain case. City and school-district income taxes are not included either, and in a few states those are real money. It ranks 9 of 487 occupations here.
  • The wage data and the price data come from different years. That is how each is published. The price adjustment behind $113,054 uses one figure for the whole of Utah. A city and a rural county there can differ by more than two states do. Out of 487 occupations the state publishes, this one sits at 9.
  • Figures are distribution medians for financial managers in Utah, not entry or offer rates. The published band runs $87,550 to $282,980; within-state dispersion of that width routinely exceeds the dispersion between states, so tenure, employer and metropolitan area predict an individual's pay better than geography does.
  • Take-home for Utah is computed for a single filer taking the standard deduction with no dependants and no pre-tax contributions, giving $107,404 from $150,450. Each omitted item reduces taxable income, so the figure is a lower bound on retained pay for this household shape. Municipal and school-district income taxes are excluded, which understates the burden materially in Ohio, Pennsylvania and Maryland. The occupation ranks 9 of 487 locally.
  • Wage and price series carry different reference periods, each published on its own schedule. The real-terms figure of $113,054, worked from $150,450, deflates by a statewide parity that conceals substantial intra-state variation, concentrated in housing — so it supports comparison between states rather than the pricing of a move to a particular Utah address, on work sitting at 9 of 487 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 $168,050, 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?

The label is broader than the work. From $87,550 at the bottom tenth to $282,980 at the top, the same title covers roles that share little beyond a name.

What does this pay actually buy where I live?

A smaller wage in a cheaper place is not automatically less. Adjusted for local prices, this is worth $113,054.

Where does the difference between the wage and my paycheck go?

Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and Utah adds its own income tax on top — which is why $107,404 of this wage survives to your account.

Can I compare this job across every state?

This occupation is published everywhere — all 51 of them — so comparing states measures real differences rather than gaps in the data.

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 Utah is $168,050. 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 ($87,550) and the ninetieth ($282,980) 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?

Utah'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 $113,054 in national-average terms. The adjustment uses an all-items index and does not isolate housing.

What accounts for the gap between gross wage and take-home here?

Take-home of $107,404 reflects federal income tax, OASDI, Medicare and Utah income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.

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.