SOC 11-3031 · Washington-Arlington-Alexandria, DC-VA-MD-WV metro

Financial Managers Salary in Washington, DC

The average salary for financial managers in Washington, Washington, D.C. is $205,640 a year ($98.86 an hour), according to BLS estimates for May 2025. The median is $185,270: half of the 26,430 people in this job in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area earn more than that, half earn less. That average is 10% more than the U.S. average for this job ($186,910).

$205,640average per year

$98.86 / hourMedian $185,270Take-home ≈ $138,570

  • $123K10th
  • $157K25th
  • $185KMedian
  • $227K75th
  • $327K90th

median average · bar = middle 50% of workers · how to read it

26,430people in this job
+10%vs U.S. average
109cost of living (U.S. = 100)
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Financial Managers pay range in Washington

New workers and the lowest-paid 10% earn about $122,670 a year or less, while the top 10% make $327,470 or more. The middle half of financial managers in Washington earn between $156,730 and $227,220.

  • $123K10th
  • $157K25th
  • $185KMedian
  • $227K75th
  • $327K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$205,640$17,137$98.87
Median$185,270$15,439$89.07
Entry level (25th percentile)$156,730$13,061$75.35
Experienced (75th percentile)$227,220$18,935$109.24

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Financial Managers pay in Washington vs. Washington, D.C. and the U.S.

Financial managers in Washington earn about the same as the Washington, D.C. average ($210,420) and 10% more than the U.S. average ($186,910). At the median the gap is +11% against the U.S. median of $166,570.

AreaAverageMedian10th pct.90th pct.Jobs
Washington$205,640$185,270$122,670$327,47026,430
Washington, D.C.$210,420$188,880$130,880$349,4208,930
United States$186,910$166,570$94,310$323,270841,710

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Financial Managers salary after taxes in Washington

On the average salary of $205,640, a single filer in Washington takes home about $138,570 a year, or $11,547 a month and $5,330 every two weeks. Taxes take 33% of gross pay.

The Washington-Arlington-Alexandria, DC-VA-MD-WV metro area crosses state lines, so take-home pay depends on the state where you work:

StatePer yearPer month
Working in WV$144,552$12,046
Working in MD$142,945$11,912
Working in VA$142,071$11,839
Working in DC$138,570$11,547

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).

Washington, D.C. paycheck calculator: try your own salary

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Is Washington a good place for financial managers? Pay vs. cost of living

Prices in the Washington area are 9% above the U.S. average (BEA price parity 108.9), so the average $205,640 buys what about $188,862 would buy in a typical U.S. metro. This job pays 2.6 times the median wage of all jobs in Washington ($71,060). A typical home costs $583,013, or 2.8 years of this average salary before tax.

See what $205,640 is worth in another city

Financial Managers salary in nearby metro areas

Highest-paying cities for financial managers

San Jose, CA pays this job the most of the metro areas we cover ($273,690).

Financial Managers salary by city

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Reviewed before it counts. Financial Managers in Washington, DC.

Financial Managers salary in Washington: questions

How much do financial managers make an hour in Washington?

$98.86 an hour on average, and $89.07 at the median (BLS, May 2025).

What is the entry-level financial managers salary in Washington?

The lowest-paid 10% earn about $122,670 a year and the 25th percentile is $156,730, a fair guide to starting pay.

What is the financial managers take-home pay in Washington?

About $138,570 a year ($11,547 a month) for a single filer on the average salary of $205,640.

Do financial managers earn more in Washington than elsewhere?

The average here is 10% more than the U.S. average for this job ($186,910).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Washington-Arlington-Alexandria, DC-VA-MD-WV (47900). Relative standard error of the mean wage: 0.7%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
  • Job concentration: location quotient 1.56, this job is 1.6 times as concentrated as in the U.S. overall.

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