Virginia Beach · Occupational wage benchmark
Financial Managers Salary in Virginia Beach
What Financial Managers actually earn in the Virginia Beach metro area — the published BLS median, what it is worth after local costs, and how it ranks against other major metros.
Sources: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Virginia Beach-Norfolk-Newport News, VA-NC metro estimates for SOC 11-3031; cost-of-living adjustment from U.S. Bureau of Economic Analysis — Regional Price Parities by Metropolitan Statistical Area (MARPP) (2024). Occupational wage benchmarks across all workers, not MBA-specific outcomes.
- Median annual wage
- $163,940
- Financial Managers in Virginia Beach
- Adjusted for cost of living
- $167,386
- Virginia Beach price level 97.9 (U.S. = 100)
- Rank among metros
- #24 of 49
- #15 after cost of living
- Workers employed
- 2,290
- in metro Virginia Beach
What Financial Managers earn in Virginia Beach, adjusted for what it costs to live there
A headline wage only means something next to local prices. Once local prices are accounted for, Virginia Beach moves up 9 places — the paycheck stretches further than the nominal figure suggests.
| Metro | Median (nominal) | Adjusted for cost of living |
|---|---|---|
| San Jose | $225,280 | $204,015 |
| New York | $221,010 | $196,343 |
| San Francisco | $216,150 | $186,960 |
| Boston | $209,780 | $193,764 |
| Denver | $193,400 | $182,829 |
| Seattle | $185,550 | $166,962 |
| Washington DC | $185,270 | $170,154 |
| Los Angeles | $175,310 | $154,368 |
| San Diego | $174,210 | $155,702 |
| Richmond | $173,140 | $176,930 |
| Charlotte | $172,760 | $177,466 |
| Atlanta | $171,240 | $171,141 |
| Hartford | $170,310 | $165,758 |
| Dallas-Fort Worth | $169,200 | $164,128 |
| Chicago | $168,810 | $162,952 |
| Providence | $167,570 | $164,651 |
| Austin | $167,180 | $170,477 |
| Philadelphia | $166,920 | $162,763 |
| Houston | $166,910 | $169,230 |
| Minneapolis | $165,620 | $158,001 |
Nominal medians: BLS OEWS, May 2024 estimates (published April 2025) — occupational wage benchmarks across all workers, not MBA-specific outcomes. Adjusted column: SalaryMBA estimate, computed as nominal ÷ (metro RPP ÷ 100) using BEA MARPP 2024 regional price parities.
The national pay range for Financial Managers
BLS publishes the full percentile distribution nationally. The spread within the occupation is usually far wider than the gap between metros.
| Percentile (national) | Annual wage | Reading |
|---|---|---|
| 10th percentile | $94,310 | Entry / early-career end |
| 25th percentile | $125,490 | |
| Median (50th) | $166,570 | |
| 75th percentile | $219,980 | |
| 90th percentile | $323,270 | Senior / top-market end |
Other MBA-relevant roles in Virginia Beach
How to read the Virginia Beach number
The $163,940 median means half of Financial Managers in the Virginia Beach area earn less and half earn more. It is measured across everyone in the occupation — every experience level, industry, and level of education. It is not the salary of a recent MBA graduate, and it is not a starting salary.
BLS counts roughly 2,290 people in this role in the Virginia Beach area. To compare against the state and national picture, see Financial Managers nationally or model your own economics with the MBA ROI calculator.
Frequently asked questions
How much do Financial Managers make in Virginia Beach?
Financial Managers in the Virginia Beach metro area earn a median of $163,940 per year, according to BLS OEWS May 2024 estimates (published April 2025). That is -1.6% vs national, ranking Virginia Beach #24 of 49 major metros we track for this role. This is an occupational wage benchmark across all workers in the metro, not an MBA-graduate-specific salary.
Is $163,940 a good salary in Virginia Beach?
It depends on local prices. The Virginia Beach area price level is 97.9 against a U.S. average of 100, so $163,940 there carries roughly the purchasing power of $167,386 nationally — about $3,446 more than the headline number implies. Once local prices are accounted for, Virginia Beach moves up 9 places — the paycheck stretches further than the nominal figure suggests.
Do Financial Managers in Virginia Beach need an MBA?
These BLS figures cover everyone in the occupation regardless of degree, so they cannot isolate what an MBA adds. Financial Managers is a role MBA graduates commonly target, and an MBA can affect where you land within the range through network, function, and seniority — but any precise MBA premium for this role in Virginia Beach would not be supported by this data.
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