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Financial Manager Salary Information in Richmond, Virginia

The annual and hourly salary statistics of financial managers in Richmond, Virginia are shown in Table 1 and Table 2, respectively. The wage statistics of financial managers in Richmond is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Richmond, Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$81,970
25th Percentile Wage
$99,160
50th Percentile Wage
$131,100
75th Percentile Wage
$178,520
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in Richmond, Virginia in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $178,520. The median (50th percentile) annual salary is $131,100. The average annual salary for the bottom 10 percent earners is $81,970.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$39.40
25th Percentile Wage
$47.68
50th Percentile Wage
$63.03
75th Percentile Wage
$85.83
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for financial managers in Richmond, Virginia. The average hourly salary for the 75th percentile wage is $85.83. The median hourly salary is $63.03. The average hourly salary for the bottom 10 percent is $39.40.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016131,1003.64%14.13%
2015126,3304.26%-
2014120,9503.29%-
2013116,9703.75%-
2012112,580--

Table 3. Compare Financial Manager Salary in Richmond with Other Virginia Cities

From Table 3 we note that with a median annual salary of $131,100, Richmond is the highest paying city for financial managers in state of Virginia, followed by Roanoke (median annual salary $121,960). In comparison, the median annual salary of financial managers in Richmond is 7.0 percent (7.0%) higher than that in Roanoke.

Cities/Areas Median Annual Salary
Richmond
$131,100
Roanoke
$121,960
Virginia Beach-Norfolk-Newport News
$116,150
Charlottesville
$116,010
Blacksburg-Christiansburg-Radford
$111,100
Danville
$108,230
Northwestern Virginia nonmetropolitan area
$104,610
Harrisonburg
$103,650
Lynchburg
$97,470
Southside Virginia nonmetropolitan area
$94,030
Northeastern Virginia nonmetropolitan area
$89,690
Kingsport-Bristol-Bristol
$88,090
Southwestern Virginia nonmetropolitan area
$78,200

See also: Top paying jobs in Richmond, Virginia.