Financial Manager salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
Financial Managers in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area earn a median of $185,270 a year ($89.07 an hour), based on BLS data for 26,430 workers.
Pay ranges from $122,670 for the lowest-paid 10% to $327,470 for the top 10%. That is 11% higher than the national median of $166,570. Pay here is 2% lower than the District of Columbia statewide median of $188,880. There are 8.4 financial managers per 1,000 jobs here — the job is 1.6× more common than nationally. The average (mean) salary is $205,640, above the median because a few high earners pull it up.
Pay range for financial managers in Washington-Arlington-Alexandria, DC-VA-MD-WV
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $122,670 | $58.98 |
| 25th percentile | $156,730 | $75.35 |
| Median | $185,270 | $89.07 |
| 75th percentile | $227,220 | $109.24 |
| 90th percentile (top earners) | $327,470 | $157.44 |
| Average (mean) | $205,640 | $98.86 |
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 | $15,439.17 |
| Semi-monthly (24 a year) | $7,719.58 |
| Biweekly (26 a year) | $7,125.77 |
| Weekly | $3,562.88 |
| Hourly | $89.07 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $185,270 salary, see how much house you can afford in District of Columbia at today's mortgage rates, or work out a payment with the mortgage calculator.
Financial Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Richmond, VA | $173,140 | 3,480 |
| Charlottesville, VA | $170,250 | 450 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $166,920 | 18,520 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $163,940 | 2,290 |
| Roanoke, VA | $158,030 | 490 |
| Baltimore-Columbia-Towson, MD | $157,990 | 9,990 |
| Lynchburg, VA | $155,370 | 220 |
| Winchester, VA-WV | $151,990 | 270 |
| Harrisonburg, VA | $148,200 | 140 |
| Blacksburg-Christiansburg-Radford, VA | $139,800 | 210 |
| Lexington Park, MD | $139,100 | 290 |
| Staunton-Stuarts Draft, VA | $137,420 | 120 |
| Hagerstown-Martinsburg, MD-WV | $133,590 | 380 |
| Kingsport-Bristol, TN-VA | $132,280 | 500 |
| Parkersburg-Vienna, WV | $129,780 | 160 |
| Morgantown, WV | $129,760 | 250 |
| Salisbury, MD | $127,860 | 310 |
| Charleston, WV | $116,300 | 450 |
| Beckley, WV | $115,130 | 150 |
| Wheeling, WV-OH | $110,000 | 200 |
| Weirton-Steubenville, WV-OH | $109,340 | 100 |
| Huntington-Ashland, WV-KY-OH | $106,010 | 400 |
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 |
See Financial Manager pay in every state or the District of Columbia statewide figures.
Related jobs in Washington-Arlington-Alexandria, DC-VA-MD-WV
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $195,190 | $93.84 |
| Human Resources Manager | $177,960 | $85.56 |
| Facilities Manager | $109,860 | $52.82 |
| Purchasing Manager | $172,150 | $82.77 |
| Administrative Services Manager | $130,130 | $62.56 |
| Transportation, Storage, and Distribution Managers | $129,050 | $62.04 |
| Industrial Production Manager | $137,860 | $66.28 |
| Training and Development Managers | $143,640 | $69.06 |
| Compensation and Benefits Managers | $171,950 | $82.67 |
| General and Operations Managers | $156,460 | $75.22 |
| Managers, All Other | $170,980 | $82.20 |
| Medical and Health Services Managers | $140,670 | $67.63 |
| Public Relations Manager | $195,190 | $93.84 |
| Marketing Manager | $181,260 | $87.14 |
More: Management Occupations · all salaries in Washington-Arlington-Alexandria, DC-VA-MD-WV
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 Washington-Arlington-Alexandria, DC-VA-MD-WV?
The median salary for financial managers in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area is $185,270 a year, or $89.07 an hour. Pay ranges from $122,670 for the lowest-paid 10% to $327,470 for the top 10%.
How much do the highest-paid financial managers make in Washington-Arlington-Alexandria, DC-VA-MD-WV?
The top 10% of financial managers in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area earn at least $327,470 a year. The top 25% earn $227,220 or more.
What is the starting pay for financial managers in Washington-Arlington-Alexandria, DC-VA-MD-WV?
Entry-level pay (the 10th percentile) is about $122,670 a year, and a quarter of financial managers earn $156,730 or less.
How many financial managers work in Washington-Arlington-Alexandria, DC-VA-MD-WV?
About 26,430 financial managers are employed in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area, not counting the self-employed.