The annual salary statistics of financial managers in Blacksburg-Christiansburg-Radford, Virginia is shown in Table 1. The wage information of financial managers in Blacksburg-Christiansburg-Radford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $74,840 |
| 25th Percentile Wage | $97,100 |
| 50th Percentile Wage | $125,570 |
| 75th Percentile Wage | $154,700 |
| 90th Percentile Wage | $204,650 |
Table 1 shows the average annual salary for financial managers in Blacksburg-Christiansburg-Radford, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $204,650. The median (50th percentile) annual salary is $125,570. The average annual salary for the bottom 10 percent earners is $74,840.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $125,570 | 6.07% | 39.96% |
| 2018 | $117,950 | 2.80% | - |
| 2017 | $114,650 | 3.10% | - |
| 2016 | $111,100 | 0.93% | - |
| 2015 | $110,070 | 5.71% | - |
| 2014 | $103,780 | 22.87% | - |
| 2013 | $80,050 | 5.82% | - |
| 2012 | $75,390 | - | - |
From Table 3 we note that the median annual salary of $125,570 in Blacksburg-Christiansburg-Radford is in the middle of salary range for financial managers in state of Virginia. In comparison, the annual salary of financial managers in Blacksburg-Christiansburg-Radford is 15.5 percent (15.5%) lower than that in the highest paying Richmond and 31.3 percent (31.3%) higher than that in the lowest paying Southside Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Richmond | |
| Staunton-Waynesboro | |
| Charlottesville | |
| Blacksburg-Christiansburg-Radford | |
| Virginia Beach-Norfolk-Newport News | |
| Lynchburg | |
| Harrisonburg | |
| Roanoke | |
| Danville | |
| Northwestern Virginia nonmetropolitan area | |
| Northeastern Virginia nonmetropolitan area | |
| Kingsport-Bristol-Bristol | |
| Southwestern Virginia nonmetropolitan area | |
| Southside Virginia nonmetropolitan area |