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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 2017 and published in April 2018 [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
$75,160
25th Percentile Wage
$95,140
50th Percentile Wage
$118,020
75th Percentile Wage
$143,130
90th Percentile Wage
$194,060

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 $194,060. The median (50th percentile) annual salary is $118,020. The average annual salary for the bottom 10 percent earners is $75,160.

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
$118,020
1.58% 16.90%
2016
$116,150
-0.65% -
2015
$116,900
4.37% -
2014
$111,790
2.13% -
2013
$109,410
10.36% -
2012
$98,080
- -

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 $118,020 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 14.1 percent (14.1%) lower than that in the highest paying Richmond and 26.4 percent (26.4%) higher than that in the lowest paying Southwestern Virginia nonmetropolitan area.

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



See also: Top paying jobs in Virginia Beach-Norfolk-Newport News, Virginia.