Financial Manager Salary in Virginia
Based on 21K+ workers in Virginia
Median Annual Salary (VA)
$185,220
$89.05/hr
vs National Average
$150,742
+22.9% vs national median
Salary Range (10th–90th)
$109K – $323K
21K employed in Virginia
The Financial Manager salary in Virginia presents a compelling opportunity, with a median annual income of $185,220. This figure significantly outpaces the national average, standing 23% higher, and reflects a robust employment sector with 20,850 professionals in this role across the state. The typical earning range for a Financial Manager in Virginia falls between $108,760 and $323,300 annually.
Several factors influence the Financial Manager salary in Virginia. Experience level, the size and industry of the employing company, and specific responsibilities within financial management all play a crucial role. Furthermore, the economic landscape of the particular region within Virginia can also contribute to variations in compensation for these vital financial professionals.
Salary Distribution — Financial Manager in Virginia
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $108,760 |
| 25th percentile | $146,320 |
| Median (50th percentile) | $185,220 |
| 75th percentile | $224,130 |
| 90th percentile | $323,300 |
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 Virginia 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 Virginia vs National
| Year | Median Salary (Virginia) |
|---|---|
| 2022 | $161,710 |
| 2023 | $166,680 |
| 2024 | $170,290 |
| 2025 | $185,220 |
| 2026 (projected) | $196,333 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Virginia Median | National Median |
|---|---|---|
| 2022 | $161,710 | $131,705 |
| 2023 | $166,680 | $138,788 |
| 2024 | $170,290 | $144,016 |
| 2025 | $185,220 | $150,742 |
| 2026 (projected) | $196,333 | $159,787 |
Financial Manager Salary by Experience Level in Virginia
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $146,320 |
| Mid-level | 3-5 yrs | $185,220 |
| Senior | 6-9 yrs | $224,130 |
| Staff / Lead | 10+ yrs | $323,300 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in Virginia
How other high-demand occupations in Virginia compare to Financial Manager ($185,220 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Economist in VA | $137,590 | -25.7% | $66.15/hr |
| Actuary in VA | $131,900 | -28.8% | $63.41/hr |
| Financial Analyst in VA | $105,490 | -43.0% | $50.72/hr |
| Budget Analyst in VA | $105,470 | -43.1% | $50.71/hr |
| Financial Examiner in VA | $104,060 | -43.8% | $50.03/hr |
| Personal Financial Advisor in VA | $102,640 | -44.6% | $49.35/hr |
| Credit Analyst in VA | $102,430 | -44.7% | $49.25/hr |
| Accountant in VA | $93,290 | -49.6% | $44.85/hr |
| Tax Examiner in VA | $92,930 | -49.8% | $44.68/hr |
| Compliance Officer in VA | $80,380 | -56.6% | $38.64/hr |
| Loan Officer in VA | $78,320 | -57.7% | $37.65/hr |
| Securities Sales Agent in VA | $62,910 | -66.0% | $30.25/hr |
Frequently Asked Questions
How much does a Financial Manager make in Virginia?
- The median salary for a Financial Manager in Virginia is $185,220 per year, which equates to about $89 per hour. The typical salary range falls between $108,760 and $323,300 annually.
What is the average salary for a Financial Manager compared to the national average?
- Financial Managers in Virginia earn significantly more than the national average, with salaries coming in 22.9% higher. This means that while the national median might be lower, Virginia offers a more lucrative market for these professionals.
Is the salary for Financial Managers high in Virginia?
- Yes, the salary for Financial Managers in Virginia is considered high, with a median of $185,220 per year and potential earnings reaching up to $323,300. This positions Virginia's financial management sector as a strong performer.
How many Financial Managers are employed in Virginia?
- Virginia employs approximately 20,850 Financial Managers. This indicates a substantial job market for this profession within the state.