Financial Manager Salary in Richmond, VA
Financial Managers in the Richmond, VA metro area earn a median $173,140 a year — 4% more than the national median. After 2026 taxes, that is $120,466 take-home, or $10,039 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Richmond, VA. Enter your own offer to see your paycheck.
- Federal income tax$30,288
- Social Security (6.2%)$10,735
- Medicare (1.45%)$2,511
- Virginia income tax$9,141
- Take-home pay$120,466
Marginal rate: 24% federal + 5.75% state
Financial Manager pay by experience in Richmond, VA
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $108,940 | $52.38 | $80,019 | $6,668 |
| 25th percentile | $136,020 | $65.39 | $97,229 | $8,102 |
| Median (50th) | $173,140 | $83.24 | $120,466 | $10,039 |
| 75th percentile | $218,650 | $105.12 | $150,842 | $12,570 |
| 90th percentile (top earners) | $302,060+ | $145.22 | $199,913 | $16,659 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Virginia resident, 2026 tax rules.
What $173,140 buys in Richmond, VA
Prices in Richmond, VA are 2.1% lower than the U.S. average (housing costs are 1% below the national average). Adjusted for local prices, a median financial manager's $120,466 take-home pay has the buying power of $123,103 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Richmond, VA as in the U.S. overall (location quotient 0.97).
Best-paying cities for financial managers, adjusted for cost of living
Richmond, VA ranks #22 of 177 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | Sioux Falls, SD | $163,580 | $123,073 | $135,796 |
| 3 | New York, NY | $221,010 | $152,151 | $135,169 |
| 4 | Midland, TX | $172,520 | $129,183 | $134,871 |
| 5 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 6 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 7 | Boulder, CO | $192,970 | $135,904 | $129,184 |
| 8 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 22 | Richmond, VA | $173,140 | $120,466 | $123,103 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 177 metros →
Financial Manager salaries elsewhere in Virginia
- Charlottesville, VA — $170,250
- Roanoke, VA — $158,030
- Virginia Beach, VA — $163,940
Frequently asked questions
How much does a financial manager make in Richmond, VA?
The median financial manager salary in the Richmond, VA metro area is $173,140 a year, or about $83.24 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $136,020 and $218,650.
What is a financial manager’s take-home pay in Richmond, VA?
On the median $173,140 salary, a single filer living in Virginia takes home about $120,466 a year ($10,039 a month) after federal tax, Social Security, Medicare and $9,141 in Virginia taxes in 2026.
Is Richmond, VA a good place to work as a financial manager?
Pay here is 4% above the national median of $166,570. Local prices are 2.1% below the U.S. average, so the take-home pay buys what $123,103 would in a typical U.S. city. Richmond, VA ranks #22 of 177 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Richmond, VA?
HUD’s fair market rent for a one-bedroom in Richmond, VA is $1,505 a month ($1,653 for two bedrooms) — 15% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Richmond, VA
- Chief Executive — $239,200+
- Computer and Information Systems Manager — $180,640
- Marketing Manager — $174,130
- Sales Manager — $168,590
- Architectural and Engineering Manager — $167,170
- Human Resources Manager — $152,190
- Purchasing Manager — $147,410
- Managers, All Other — $144,730
- Industrial Production Manager — $136,030
- Medical and Health Services Manager — $129,660
- Education Administrators, Postsecondary — $126,850
- Administrative Services Manager — $115,530