The annual salary statistics of other financial specialists in Virginia Beach-Norfolk-Newport News, Virginia is shown in Table 1. The wage information of other financial specialists in Virginia Beach-Norfolk-Newport News is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $51,410 |
| 25th Percentile Wage | $66,210 |
| 50th Percentile Wage | $82,350 |
| 75th Percentile Wage | $98,320 |
| 90th Percentile Wage | $111,010 |
Table 1 shows the average annual salary for other financial specialists 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 $111,010. The median (50th percentile) annual salary is $82,350. The average annual salary for the bottom 10 percent earners is $51,410.
The table and chart below show the trend of the median salary of other financial specialists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $82,350 | 4.23% | 22.84% |
| 2021 | $78,870 | 4.25% | - |
| 2018 | $75,520 | 2.44% | - |
| 2017 | $73,680 | 3.49% | - |
| 2016 | $71,110 | 1.18% | - |
| 2015 | $70,270 | 3.73% | - |
| 2014 | $67,650 | 3.83% | - |
| 2013 | $65,060 | 2.34% | - |
| 2012 | $63,540 | - | - |
From Table 3 we note that with a median annual salary of $82,350, Virginia Beach-Norfolk-Newport News is the second highest paying city for other financial specialists in state of Virginia, following the highest paying city Northeastern Virginia nonmetropolitan area (median annual salary of $100,010). Compared with Northeastern Virginia nonmetropolitan area, the median annual salary of other financial specialists in Virginia Beach-Norfolk-Newport News is 17.7 percent (17.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeastern Virginia nonmetropolitan area | |
| Virginia Beach-Norfolk-Newport News | |
| Richmond | |
| Charlottesville | |
| Roanoke | |
| Northwestern Virginia nonmetropolitan area | |
| Kingsport-Bristol-Bristol | |
| Lynchburg | |
| Blacksburg-Christiansburg-Radford | |
| Southwestern Virginia nonmetropolitan area | |
| Harrisonburg |