Richmond, VA metro area · BLS May 2025 · Updated

How much does a financial manager make in Richmond, VA?

In the Richmond, VA metropolitan area, financial managers earned a median of $173,140 a year ($83.24 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 3,480 of these jobs there. That is 236% above the $51,460 median for all jobs in the metro. The middle 80% earned between $108,940 and $302,060; these percentiles do not measure years of experience. Applying 2026 federal and Virginia tax rules to the median leaves an estimated $120,466 in take-home pay.

Financial manager pay in Richmond, VA at a glance

Median salary

$173,140$83.24 per hour · $14,428 monthly · BLS May 2025
10th percentile$108,940$52.37/hr
25th percentile$136,020$65.39/hr
75th percentile$218,650$105.12/hr
90th percentile$302,060$145.22/hr
Jobs in this metro3,480Location quotient 0.97 (U.S. = 1.00)
Against all jobs here236% aboveAll-jobs median $51,460
Against Virginia7% belowStatewide median $185,220
Against the U.S.4% aboveNational median $166,570

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Financial manager salary in Richmond, VA after taxes

$173,140
$65,000$350,000
Filing status:
Gross salary breakdown$173,140
Net 70%
Fed 17%
VA 5%
FICA 8%
Annual take-home$120,466After all taxes
Monthly deposit$10,039Estimated per month
Biweekly paycheck$4,633Every 2 weeks (26/yr)
Effective tax rate30.4%Total tax burden
Federal income tax$30,288 / yr
Virginia state income tax$9,141 / yr
FICA (Social Security & Medicare)$13,245 / yr

Financial managers pay range in Richmond, VA, hourly and yearly

BLS May 2025 estimates for the Richmond, VA metropolitan statistical area. Monthly and take-home figures are ours, computed from the annual wage.

What financial managers earned in the Richmond, VA metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (VA)
10th percentile$52.37/hr$9,078$108,940$80,019
25th percentile$65.39/hr$11,335$136,020$97,229
MedianMedian$83.24/hr$14,428$173,140$120,466
75th percentile$105.12/hr$18,221$218,650$150,842
90th percentile$145.22/hr$25,172$302,060$199,913

Is $173,140 a good salary in Richmond, VA?

It depends on what else people there earn and what things cost. Here is the median for financial managers next to both.

Median household income$86,679Census Bureau ACS
Local price level (U.S. = 100)97.92.1% below national average
One paycheck vs. a household199.7%of area median income

The same job statewide and nationally, and a calculator for your own paycheck.

Financial manager pay in Richmond, VA: common questions

What is the median salary for financial managers in Richmond, VA?

The BLS median annual wage for financial managers in the Richmond, VA metro area was $173,140 in May 2025, about $14,428 a month or $83.24 an hour. Statewide, the Virginia median for this job is $185,220, so the metro pays 7% below the state.

What is the hourly pay for financial managers in Richmond, VA?

The median hourly wage for financial managers in Richmond, VA was $83.24 in the BLS survey. One in ten earned less than $52.37 an hour and one in ten earned more than $145.22.

How many financial managers work in Richmond, VA?

BLS estimated 3,480 jobs for financial managers in the metro in May 2025, or 5.3 of every 1,000 jobs. Its location quotient of 0.97 means the job is about as common here as in the country as a whole.

What is the pay range for financial managers in Richmond, VA?

BLS wage estimates for financial managers in Richmond, VA run from $108,940 at the 10th percentile to $136,020 at the 25th, $218,650 at the 75th, and $302,060 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Richmond, VA?

On a median gross salary of $173,140, an estimated $120,466 lands in net take-home pay per year ($4,633 biweekly) for a single filer claiming the standard deduction in Virginia in 2026. Total tax withholding equals $52,674 (an effective rate of 30.4%).

How much do financial managers make per month in Richmond, VA?

On the median annual salary of $173,140, gross monthly income is $14,428. After federal, FICA, and Virginia state income taxes, estimated net take-home pay is $10,039 per month (or $4,633 every two weeks).

Is $173,140 a good salary in Richmond, VA?

At $173,140, the median salary for financial managers is 199.7% of the Richmond, VA median household income ($86,679). It is 236% above the $51,460 median for all jobs in the metro. The BEA regional price parity is 97.9, so prices here run 2.1% below the U.S. average.