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Financial Manager Salary Information in Virginia Beach-Norfolk-Newport News, Virginia

The annual and hourly salary statistics of financial managers in Virginia Beach-Norfolk-Newport News, Virginia are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Virginia Beach-Norfolk-Newport News 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 Virginia Beach-Norfolk-Newport News, Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$68,560
25th Percentile Wage
$91,510
50th Percentile Wage
$116,150
75th Percentile Wage
$139,670
90th Percentile Wage
$182,380

Table 1 shows the average annual salary for financial managers in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $182,380. The median (50th percentile) annual salary is $116,150. The average annual salary for the bottom 10 percent earners is $68,560.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$32.96
25th Percentile Wage
$43.99
50th Percentile Wage
$55.84
75th Percentile Wage
$67.15
90th Percentile Wage
$87.68

Table 2 shows the average hourly salary for financial managers in Virginia Beach-Norfolk-Newport News, Virginia. The average hourly salary for the 90th percentile is $87.68. The median hourly salary is $55.84. The average hourly salary for the bottom 10 percent is $32.96.

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
2016116,150-0.65%15.56%
2015116,9004.37%-
2014111,7902.13%-
2013109,41010.36%-
201298,080--

Table 3. Compare Financial Manager Salary in Virginia Beach-Norfolk-Newport News with Other Virginia Cities

From Table 3 we note that the median annual salary of $116,150 in Virginia Beach-Norfolk-Newport News is in the middle of salary range for financial managers in state of Virginia. In comparison, the annual salary of financial managers in Virginia Beach-Norfolk-Newport News is 11.4 percent (11.4%) lower than that in the highest paying Richmond and 32.7 percent (32.7%) higher than that in the lowest paying Southwestern Virginia nonmetropolitan area.

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 Virginia Beach-Norfolk-Newport News, Virginia.