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SalaryTruth

Financial Manager Salary in Washington, DC

2024 BLS OEWS Data · Finance · COL Index: 152.8

$177,690
Median Salary
$193,890
Mean Salary
$116,289
COL-Adjusted
25,520
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$107,460$70,327
25th Percentile$144,040$94,267
50th Percentile (Median)$177,690$116,289
75th Percentile$216,930$141,970
90th Percentile (Top Earners)$267,942$175,355

What Drives the Range

The $160,482 spread between the 10th and 90th percentiles for Financial Manager positions in Washington, DC reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.

Washington, DC's cost-of-living index of 152.8 means that a $177,690 median salary here has the same purchasing power as $116,289 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.