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Financial Managers salary in Nashville-Davidson, TN

Financial Managers in the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area earn a median of $156,860 a year, an average of $178,230. About 7,400 people work in this occupation there. Figures are from the May 2025 U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS).

Financial Managers pay at a glance

Annual median wage
$156,860
Half earn more, half earn less
Annual mean wage
$178,230
Pulled up by top earners
10th percentile
$97,860
Bottom of the range
90th percentile
$330,000
Top of the range
People employed
7,400
In Nashville-Davidson metro area
Rent share of median wage
11.4%
Median rent ÷ median wage

What this wage buys in Nashville-Davidson

Rent from the ACS 2019-2023 5-Year Estimates, compared with the wage above

Median gross rent
$1,486
per month, in Nashville-Davidson, TN
Income needed for median rent
$59,400
Keeps rent at 30% of gross pay
Median financial managers wage
$156,860
164.1% above income needed for median rent
Rent as share of this wage
11.4%
12 months rent ÷ median wage
City median household income
$75,197
All households, not one occupation

Occupations are not paid the same everywhere, and this page does not explain why. It reports what the survey measured for the Nashville-Davidson area. Read the Nashville-Davidson, TN cost of living page for rent, income and the price level, or the methodology for how the numbers are compiled.

Financial Managers pay in other cities

Median annual wage, same occupation, same survey

Median $131,540
Mean $152,580
Employed 3,050
El Paso, TX
-16.1%
Median $131,580
Mean $147,690
Employed 920
Median $185,270
Mean $205,640
Employed 26,430
Boston, MA
+33.7%
Median $209,780
Mean $221,800
Employed 21,650
Denver, CO
+23.3%
Median $193,400
Mean $214,610
Employed 7,490
Las Vegas, NV
-15.4%
Median $132,650
Mean $156,540
Employed 5,560
Portland, OR
+5.0%
Median $164,680
Mean $181,110
Employed 5,550
Detroit, MI
+2.2%
Median $160,240
Mean $168,730
Employed 11,670

See financial managers pay in every covered city.

Take-home pay calculator

Estimate your net pay after federal, state, and FICA taxes. Adjust filing status and allowances for your situation.

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Gross annual income $156,860 / year
$156,860
Federal income tax 2024 brackets, Single filing
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State income tax Tennessee (TN)
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FICA (Social Security + Medicare) 7.65% up to wage base
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Pre-tax deductions 401(k), HSA, etc.
$0
Take-home pay (annual) After all taxes
—
Take-home per paycheck Monthly
—
Effective tax rate Total tax ÷ gross income
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Estimates use 2024 federal tax brackets, FICA rates (6.2% SS up to $168,600, 1.45% Medicare + 0.9% >$200k), and state rates from Tax Foundation. Does not include local taxes, AMT, or tax credits. Consult a tax professional for actual liability.

Financial Managers salary in Nashville-Davidson, TN: FAQ

How much do financial managers make in Nashville-Davidson, TN?

The median salary for financial managers in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area is $156,860 a year (about $75 an hour for full-time work). The average is $178,230, pulled up by the top earners.

Is $156,860 a good salary for financial managers in Nashville-Davidson, TN?

Yes. It is above the $59,400 needed to keep the median rent of $1,486 a month at 30% of gross income, and the median rent takes 11.4% of this wage.

What do the highest-paid financial managers earn in Nashville-Davidson, TN?

The top 10% earn more than $330,000 a year, while the lowest-paid 10% earn less than $97,860.

How many financial managers work in Nashville-Davidson, TN?

About 7,400 people work in this occupation in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area, according to the BLS Occupational Employment and Wage Statistics.

Definitions used on this page

Annual median wage
The wage that half of the people in this occupation earn more than and half earn less than, for one year of work.
Annual mean wage
The average of all reported wages. It is higher than the median when a few very high earners pull it up.
Percentiles
The 10th percentile is the wage below which 10% of workers fall; the 90th is the wage above which only 10% rise. The gap between them shows how wide the pay range is.
Employment
The estimated number of jobs in this occupation in the metropolitan area, not the number of residents who hold it.

Sources and limits

Wages describe the metropolitan area, while rent and income describe the city boundaries. The two areas do not cover exactly the same ground. Wages are also averaged across a year and across every industry, so a specific employer can differ widely from the median shown here.