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Financial Manager Salary Information in Virginia

The average annual and hourly salaries for financial managers in the state of Virginia are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers among Virginia metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Managers in Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$83,950
25th Percentile Wage
$109,720
50th Percentile Wage
$141,880
75th Percentile Wage
$188,480
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in Virginia in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $188,480. The median (50th percentile) annual salary is $141,880. The average annual salary for the bottom 10 percent is $83,950.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$141,880
3.84% 15.39%
2016
$136,430
2.98% -
2015
$132,370
2.67% -
2014
$128,830
1.86% -
2013
$126,430
5.05% -
2012
$120,040
- -

Table 3. Median Annual Salary of Financial Managers in Virginia Cities

Table 3 shows the median annual salary of financial managers in some Virginia cities and metropolitan areas. We note that the median annual salary of financial managers in state of Virginia ranges from $86,840 to $137,400. The highest paying area for financial managers in Virginia is Richmond with a median annual salary of $137,400. The second highest paying city/area in Virginia State is Charlottesville (mean annual salary $130,940). The lowest paying area is Southwestern Virginia nonmetropolitan area with a median annual salary of $86,840.

Cities/Areas Median Annual Salary
Richmond
$137,400
Charlottesville
$130,940
Harrisonburg
$120,920
Virginia Beach-Norfolk-Newport News
$118,020
Roanoke
$114,930
Blacksburg-Christiansburg-Radford
$114,650
Danville
$108,230
Lynchburg
$105,690
Northwestern Virginia nonmetropolitan area
$98,740
Northeastern Virginia nonmetropolitan area
$94,420
Southside Virginia nonmetropolitan area
$94,030
Kingsport-Bristol-Bristol
$92,530
Southwestern Virginia nonmetropolitan area
$86,840




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