Financial Manager Salary in District of Columbia
Based on 9K+ workers in District of Columbia
Median Annual Salary (DC)
$188,880
$90.81/hr
vs National Average
$150,742
+25.3% vs national median
Salary Range (10th–90th)
$131K – $349K
9K employed in District of Columbia
The median Financial Manager salary in District of Columbia is $188,880 per year, representing a significant premium over national compensation levels. With approximately 8,930 financial managers employed in the district, this position commands a 25% higher salary than the national average, reflecting the region's elevated cost of living and concentration of high-level financial institutions.
Compensation for financial managers in the district varies considerably, ranging from $130,880 to $349,420 annually, depending on factors such as years of experience, employer size, and specific industry sector. The presence of federal agencies, major corporations, and financial firms in District of Columbia creates competitive demand for qualified professionals, which substantially influences salary trajectories and benefits packages in this field.
Salary Distribution — Financial Manager in District of Columbia
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $130,880 |
| 25th percentile | $161,470 |
| Median (50th percentile) | $188,880 |
| 75th percentile | $231,000 |
| 90th percentile | $349,420 |
Top-Paying Industries for Financial Manager (U.S.)
Which industries pay Financial Managers the most — nationwide figures (industry-level data is not available by state). Financial Managers in District of Columbia tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Information | $205,070 | 24K |
| Mining, Quarrying, and Oil and Gas Extraction | $193,560 | 4K |
| Utilities | $175,360 | 5K |
| Professional, Scientific, and Technical Services | $174,170 | 123K |
| Management of Companies and Enterprises | $172,340 | 94K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Financial Manager in District of Columbia vs National
| Year | Median Salary (District of Columbia) |
|---|---|
| 2022 | $164,090 |
| 2023 | $172,060 |
| 2024 | $181,210 |
| 2025 | $188,880 |
| 2026 (projected) | $196,875 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | District of Columbia Median | National Median |
|---|---|---|
| 2022 | $164,090 | $131,705 |
| 2023 | $172,060 | $138,788 |
| 2024 | $181,210 | $144,016 |
| 2025 | $188,880 | $150,742 |
| 2026 (projected) | $196,875 | $157,122 |
Financial Manager Salary by Experience Level in District of Columbia
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $161,470 |
| Mid-level | 3-5 yrs | $188,880 |
| Senior | 6-9 yrs | $231,000 |
| Staff / Lead | 10+ yrs | $349,420 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in District of Columbia
How other high-demand occupations in District of Columbia compare to Financial Manager ($188,880 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Financial Examiner in DC | $198,720 | +5.2% | $95.54/hr |
| Economist in DC | $167,590 | -11.3% | $80.57/hr |
| Actuary in DC | $166,230 | -12.0% | $79.92/hr |
| Credit Analyst in DC | $132,590 | -29.8% | $63.75/hr |
| Tax Examiner in DC | $125,110 | -33.8% | $60.15/hr |
| Budget Analyst in DC | $124,590 | -34.0% | $59.90/hr |
| Accountant in DC | $111,530 | -41.0% | $53.62/hr |
| Compliance Officer in DC | $111,030 | -41.2% | $53.38/hr |
| Financial Analyst in DC | $105,780 | -44.0% | $50.86/hr |
| Personal Financial Advisor in DC | $104,990 | -44.4% | $50.48/hr |
| Loan Officer in DC | $92,890 | -50.8% | $44.66/hr |
| Insurance Sales Agent in DC | $84,530 | -55.2% | $40.64/hr |
Frequently Asked Questions
How much do financial managers make in Washington DC?
- Financial managers in Washington DC earn a median salary of $188,880 per year, or approximately $91 per hour. This is significantly higher than the national average, representing a 25.3% premium for the region.
What is the salary range for financial managers in District of Columbia?
- Financial manager salaries in DC range from $130,880 at the lower end to $349,420 at the upper end of the pay scale. This wide range reflects differences in experience, education, and specific role responsibilities.
Is DC a good market for financial manager jobs?
- Yes, DC is an excellent market for financial managers with 8,930 professionals currently employed in the region and median salaries 25.3% above the national average at $188,880 per year. The strong demand and higher compensation make it an attractive location for career growth.
What do top-earning financial managers make in Washington DC?
- The highest-paid financial managers in Washington DC earn up to $349,420 annually, which is substantially more than the median salary of $188,880. This represents the top tier of earners in the region with significant experience and seniority.