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
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Washington, DC | $192,601 | $92.60/hr | $124,613 | $272,440 | 853 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
District of Columbia vs National Average
Financial Manager Salary Comparison
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
Related Occupations in District of Columbia
Financial Analyst
$113,401
avg in DC
-$79,200 vs Financial Manager
Management Analyst
$112,051
avg in DC
-$80,550 vs Financial Manager
Accountant
$93,261
avg in DC
-$99,340 vs Financial Manager
Market Research Analyst
$86,082
avg in DC
-$106,519 vs Financial Manager
Human Resources Specialist
$78,466
avg in DC
-$114,135 vs Financial Manager
Financial Manager Salary in Neighboring States
Compare Financial Manager salaries in District of Columbia with nearby states to find the best opportunities.
More District of Columbia Data
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.