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Financial Managers salary in Waco, TX

Median pay for financial managers in Waco, TX: $118,780/yr

Typical range (10th–90th percentile): $65,260 – $231,560 · about 430 employed locally

Below the typical metro median ($131,810) by −$13,030 (-10%).

What it's really worth in Waco

With Waco's cost of living at 91 (US=100), that $118,780 has the buying power of about $130,334 in an average-cost US metro.

Local context: median household income $59,193 · median home $256,772 · median rent $1,404/mo.

Full Waco cost of living & taxes →

How Waco ranks for this job

On raw pay, Waco, TX is 161st of the 187 metros we hold financial managers wages for. Once Waco's cost of living is applied, it ranks 141st.

Pay here goes further than the headline number suggests — Waco 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 Waco

A median home in Waco, TX costs $256,772 — 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 $1,404/mo works out at 14% 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 Waco.

MetroMedian payvs WacoRent vs Waco
New York, NY $215,630 +82% 2.5×
San Jose, CA $211,850 +78% 2.6×
San Francisco, CA $203,620 +71% 2.3×
Boulder, CO $176,880 +49% 1.6×

Same job elsewhere in TX

MetroMedian payvs WacoRent vs Waco
Houston, TX $164,390 +38% 1.2×
Austin, TX $162,490 +37% 1.2×
Dallas, TX $160,930 +35% 1.2×
San Antonio, TX $137,420 +16%

Staying in TX keeps state income tax and licensing the same, which makes these the most directly comparable moves.

Who hires financial managers around Waco

Large local employers in sectors that typically employ this role.

Other jobs in Waco

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.