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Average Financial Managers Salary in Northeast Virginia nonmetropolitan area

The average salary for Financial Managerss in Northeast Virginia nonmetropolitan area is $145,070. While this is lower than the national average, the cost of living in Northeast Virginia nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $145,070 per year.
  • Growth Trend: Salaries have shifted 34.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $226,870.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Northeast Virginia nonmetropolitan area economy.
2024 Market Data

Salary Overview

$145,070

The average Financial Managers in Northeast Virginia nonmetropolitan area earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$69.8

Weekly

$2,790

Monthly

$12,089

Financial Managers Salary Distribution in Northeast Virginia nonmetropolitan area

The earning potential for Financial Managerss in Northeast Virginia nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $81,280, while highly experienced professionals can command wages upwards of $226,870.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$81,280$39.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$108,803$52.3
ManagerOversees team, compliance, and project delivery.50% (Median)$132,810$63.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$181,338$87.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$226,870$109.1

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$145,070

Gross Pay

Real Wage (Purchasing Power)

$145,070

Adjusted for COL (100)

In Northeast Virginia nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $145,070 to $145,070.

Job Market Context

120

Total Jobs

2.108

Per 1K Jobs

0.4

Location Quotient

Low Concentration

At 0.40x, Northeast Virginia nonmetropolitan area has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

120 people work as Financial Managers in Northeast Virginia nonmetropolitan area.

Moderate density — roughly 2.108 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Financial Managers

Comparing salaries near Northeast Virginia nonmetropolitan area

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Northeast Virginia nonmetropolitan area?

The median annual salary for a Financial Managers in Northeast Virginia nonmetropolitan area is $145,070. This typically ranges from $81,280 for entry-level positions to $226,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Virginia nonmetropolitan area is 21.4% lower than the national median of $184,480.

Is Northeast Virginia nonmetropolitan area a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Northeast Virginia nonmetropolitan area is $145,070 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northeast Virginia nonmetropolitan area. See distinct detailed breakdown below.

Is Northeast Virginia nonmetropolitan area a good place to live for Financial Managers?

The Cost of Living Index in Northeast Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($177,360) and Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Northeast Virginia nonmetropolitan area area with a job density of 2.108 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.