Average Financial Manager Salary in District of Columbia

Financial Managers in District of Columbia earn an average of $192,601 per year across 1 metro area. This is +16.0% higher than the national average.

Average Salary

$192,601

per year

Hourly Rate

$92.60

per hour

vs National

+16.0%

$166,050 national

Salary Range

$124,613

to $272,440

About Financial Manager Careers in District of Columbia

Financial managers are responsible for the financial health of organizations — they produce financial reports, direct investment activities, and develop strategies for the long-term financial goals of their organization. With a BLS median salary of $156,100, financial managers are among the highest-paid business professionals. The role spans a broad range of titles including controller, treasurer, finance director, credit manager, and cash manager. Employment is projected to grow 16% through 2032 — much faster than average — as businesses expand globally and face increasingly complex financial regulations and investment environments.

In District of Columbia, financial managers earn an average of $192,601 per year as of 2026, with salaries ranging from $124,613 for entry-level roles to $272,440 for the most experienced professionals — +16.0% above the national average. Pay is influenced most by industry — private equity, hedge funds, and investment banks pay 50–100%+ above the median, company size and revenue — managing finances for a $1b+ company commands premium pay, and the specific metro area within District of Columbia.

Cost of Living Adjusted Salary

Nominal Salary

$192,601

Cost of Living Index

153

100 = national average

Adjusted Salary

$125,883

purchasing power equivalent

After adjusting for District of Columbia's cost of living (above average), a Financial Manager's salary of $192,601 has the purchasing power of $125,883 in an average-cost area.

Financial Manager Salary by City in District of Columbia

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Washington, DC$192,601$92.60/hr$124,613$272,440853

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

District of Columbia vs National Average

Financial Manager Salary Comparison

District of Columbia Average$192,601
National Average$166,050
Difference+$26,551 (+16.0%)

Employment in District of Columbia

There are approximately 853 Financial Managers employed across 1 metro area in District of Columbia.

Key Industries: Federal Government, Legal Services, Professional Services

State Income Tax: 4% - 10.75%

Financial Manager Salary Range in District of Columbia

Entry Level (10th Percentile)

$124,613

Starting salary for new Financial Managers

Median (50th Percentile)

$192,601

Mid-career Financial Manager salary

Senior (90th Percentile)

$272,440

Top earners in the field

Financial Manager Salary in Neighboring States

Compare Financial Manager salaries in District of Columbia with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Financial Manager salary in District of Columbia?

The average Financial Manager salary in District of Columbia is $192,601 per year ($92.60/hour) based on 2026 data across 1 metro areas. This is 16.0% above the national average of $166,050.

What is the highest paying city for Financial Managers in District of Columbia?

Washington, DC is the highest paying city for Financial Managers in District of Columbia, with a median salary of $192,601 per year.

What is the salary range for Financial Managers in District of Columbia?

Financial Manager salaries in District of Columbia range from $124,613 (entry-level, 10th percentile) to $272,440 (experienced, 90th percentile). The median salary is $192,601 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within District of Columbia. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.