Financial Manager salary in Virginia
Financial Managers in Virginia earn a median of $185,220 a year ($89.05 an hour), based on BLS data for 20,850 workers.
Pay ranges from $108,760 for the lowest-paid 10% to $323,300 for the top 10%. That is 11% higher than the national median of $166,570. Virginia ranks 5th of 51 states for financial managers pay, one of the best-paying states for this job. There are 5.1 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $199,320, above the median because a few high earners pull it up.
Pay range for financial managers in Virginia
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $108,760 | $52.29 |
| 25th percentile | $146,320 | $70.35 |
| Median | $185,220 | $89.05 |
| 75th percentile | $224,130 | $107.76 |
| 90th percentile (top earners) | $323,300 | $155.43 |
| Average (mean) | $199,320 | $95.83 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $15,435 |
| Semi-monthly (24 a year) | $7,717.50 |
| Biweekly (26 a year) | $7,123.85 |
| Weekly | $3,561.92 |
| Hourly | $89.05 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in cities in Virginia
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $185,270 | 26,430 |
| Richmond, VA | $173,140 | 3,480 |
| Charlottesville, VA | $170,250 | 450 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $163,940 | 2,290 |
| Roanoke, VA | $158,030 | 490 |
| Lynchburg, VA | $155,370 | 220 |
| Winchester, VA-WV | $151,990 | 270 |
| Harrisonburg, VA | $148,200 | 140 |
| Blacksburg-Christiansburg-Radford, VA | $139,800 | 210 |
| Staunton-Stuarts Draft, VA | $137,420 | 120 |
| Kingsport-Bristol, TN-VA | $132,280 | 500 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
Related jobs in Virginia
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $201,490 | $96.87 |
| Human Resources Manager | $165,980 | $79.80 |
| Purchasing Manager | $166,230 | $79.92 |
| Transportation, Storage, and Distribution Managers | $119,140 | $57.28 |
| Facilities Manager | $116,540 | $56.03 |
| Administrative Services Manager | $130,850 | $62.91 |
| Industrial Production Manager | $128,230 | $61.65 |
| Training and Development Managers | $137,520 | $66.12 |
| Compensation and Benefits Managers | $153,660 | $73.87 |
| General and Operations Managers | $122,080 | $58.69 |
| Managers, All Other | $166,230 | $79.92 |
| Medical and Health Services Managers | $129,270 | $62.15 |
| Sales Manager | $191,130 | $91.89 |
| Education Administrators, Kindergarten through Secondary | $106,100 | — |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Virginia?
The median salary for financial managers in Virginia is $185,220 a year, or $89.05 an hour. Pay ranges from $108,760 for the lowest-paid 10% to $323,300 for the top 10%.
How much do the highest-paid financial managers make in Virginia?
The top 10% of financial managers in Virginia earn at least $323,300 a year. The top 25% earn $224,130 or more.
What is the starting pay for financial managers in Virginia?
Entry-level pay (the 10th percentile) is about $108,760 a year, and a quarter of financial managers earn $146,320 or less.
How many financial managers work in Virginia?
About 20,850 financial managers are employed in Virginia, not counting the self-employed.