The annual salary statistics of financial managers in Kingsport-Bristol-Bristol, Virginia is shown in Table 1. The wage information of financial managers in Kingsport-Bristol-Bristol 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 | $54,000 |
| 25th Percentile Wage | $71,690 |
| 50th Percentile Wage | $95,930 |
| 75th Percentile Wage | $126,970 |
| 90th Percentile Wage | $181,640 |
Table 1 shows the average annual salary for financial managers in Kingsport-Bristol-Bristol, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $181,640. The median (50th percentile) annual salary is $95,930. The average annual salary for the bottom 10 percent earners is $54,000.
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 | $95,930 | 4.45% | 23.62% |
| 2018 | $91,660 | -0.95% | - |
| 2017 | $92,530 | 4.80% | - |
| 2016 | $88,090 | 2.68% | - |
| 2015 | $85,730 | 7.51% | - |
| 2014 | $79,290 | 5.60% | - |
| 2013 | $74,850 | 2.11% | - |
| 2012 | $73,270 | - | - |
From Table 3 we note that the median annual salary of $95,930 in Kingsport-Bristol-Bristol is in the middle of salary range for financial managers in state of Virginia. In comparison, the annual salary of financial managers in Kingsport-Bristol-Bristol is 35.5 percent (35.5%) lower than that in the highest paying Richmond and 10.1 percent (10.1%) higher than that in the lowest paying Southside Virginia nonmetropolitan area.