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 .
|Percentile Bracket||Average 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.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
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|
|Virginia Beach-Norfolk-Newport News|| |
|Northwestern Virginia nonmetropolitan area|| |
|Northeastern Virginia nonmetropolitan area|| |
|Southside Virginia nonmetropolitan area|| |
|Southwestern Virginia nonmetropolitan area|| |