Business & Finance Cedar Rapids, IA Pop. 137,710

Financial Controller Salary in Cedar Rapids, Iowa

The median financial controller salary in Cedar Rapids, IA is $110,000 per year, which is 12% below the national median and 1.1% below the Iowa state average.

City Median
$110,000
vs State Avg
$-1,250
vs National
$-15,000
Cost of Living
88%

Financial Controller Pay in Cedar Rapids: What to Expect (2026)

Cedar Rapids offers a median financial controller salary of $110,000, which is $1,250 below the Iowa state average of $111,250. Compared to the national median of $125,000, Cedar Rapids pays below the national benchmark for this role.

One of Cedar Rapids's biggest advantages is its low cost of living at 88% of the national average. This means the $110,000 salary stretches further here — equivalent to roughly $125,000 in an average-cost city. This makes Cedar Rapids an attractive option for financial controllers seeking strong real-dollar compensation.

The salary range for financial controllers in Cedar Rapids spans from $68,640 at the 10th percentile to $174,240 at the 90th percentile — a $105,600 spread. Entry-level professionals start around $72,160, while senior financial controllers with 8+ years of experience can earn up to $167,200. With a population of 137,710, Cedar Rapids is a mid-sized metro with a growing job market.

Financial Controller Salary in Cedar Rapids by Experience

In Cedar Rapids, an entry-level financial controller earns around $72,160, while experienced professionals earn up to $167,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$72,160
$-9,840 vs national
Mid Level (3-7 yrs)
$112,640
$-15,360 vs national
Senior Level (8+ yrs)
$167,200
$-22,800 vs national

Salary Percentiles in Cedar Rapids, IA

Percentile Cedar Rapids
10th Percentile $68,640
25th Percentile $86,240
Median (50th) $110,000
75th Percentile $142,560
90th Percentile $174,240

Financial Controller Salary in Other Iowa Cities

Iowa City, IA
$118,750
Pop. 74,828
Des Moines, IA
$115,000
Pop. 214,133
Davenport, IA
$107,500
Pop. 101,724
Sioux City, IA
$105,000
Pop. 85,797

How to Become a Financial Controller in Cedar Rapids

Education

Most financial controller positions require a bachelor's degree. Cedar Rapids and the surrounding Iowa area have institutions offering relevant programs.

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Demand in Cedar Rapids may vary based on local industry and population growth.

Find Financial Controller Jobs in Cedar Rapids

Browse open financial controller positions in Cedar Rapids, IA:

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Frequently Asked Questions: Financial Controller Salary in Cedar Rapids

How much does a Financial Controller make in Cedar Rapids, IA? ▼
The median financial controller salary in Cedar Rapids, Iowa is $110,000 per year, which is 12% below the national median of $125,000. Salaries range from $68,640 (10th percentile) to $174,240 (90th percentile).
How much does a Financial Controller make per hour in Cedar Rapids? ▼
Based on the median annual salary of $110,000, a financial controller in Cedar Rapids earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Cedar Rapids compare to the Iowa state average for financial controller pay? ▼
Cedar Rapids's median financial controller salary of $110,000 is 1.1% below the Iowa state average of $111,250. The local cost of living index is 88% of the national average.
What is the cost of living in Cedar Rapids, IA? ▼
Cedar Rapids has a cost of living index of 88% compared to the national average. This means a financial controller salary of $110,000 in Cedar Rapids has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Cedar Rapids? ▼
Most financial controller positions in Cedar Rapids require a bachelor's degree. Key skills include Financial Reporting, GAAP, ERP Systems, Budgeting. The job market is projected to grow 6% nationally over the next decade.