Finance · Chesapeake, VA

Financial Advisor Salary in Chesapeake, VA (2026)

Median Financial Advisor salary in Chesapeake is approximately $94,000/year — 0.0% above the US national average.

Salary breakdown — Chesapeake

$94,000
median annual salary
Hourly (40 hr/week, 52 wk)
2,080 hours/year
$45
Biweekly (26 paychecks)
$3,615
Monthly
$7,833
Annual (gross)
$94,000
vs Virginia state average
State avg: $96,800
-$2,800
vs US national
National median: $94,000
+$0

After-tax estimate

$68,949
estimated take-home/year
Gross salary
$94,000
Federal tax (~14%)
−$13,160
FICA (7.65%)
−$7,191
Virginia state tax
~5% effective
−$4,700
Estimated take-home
$68,949
Monthly take-home
$5,746
For exact take-home, use our Chesapeake Paycheck Calculator.
Financial Advisor salary in similar-cost cities
CityCost mult.Estimated annualvs Chesapeake
Wilmington, DE1.00×$94,000+$0
Raleigh, NC1.00×$94,000+$0
Virginia Beach, VA1.00×$94,000+$0
St. Paul, MN1.00×$94,000+$0
North Las Vegas, NV1.00×$94,000+$0

Financial Advisor salaries in Chesapeake, VA

The estimated median Financial Advisor salary in Chesapeake, Virginia is $94,000/year, working out to approximately $45/hour at full-time, $3,615 per biweekly paycheck, or $7,833/month before taxes. Chesapeake's cost-of-living multiplier of 1.00× national reflects local prices, housing costs, and employer concentration in this metro area.

Compared to the Virginia state average for this role ($96,800), Chesapeake pays about $2,800 less. This typically reflects how the metro area's cost of living and employer density differ from the state as a whole.

Take-home pay in Chesapeake

Of the gross $94,000, you take home roughly $68,949 after:

  • Federal income tax (~14% effective at this income)
  • FICA — Social Security 6.2% + Medicare 1.45% = 7.65%
  • Virginia state income tax (~5% effective)
  • Chesapeake has no local income tax

That works out to about $5,746/month after-tax — useful for budgeting rent (typically 25–35% of net income), savings (15–20% target), and other expenses. For an exact calculation including 401(k), HSA, and your filing status, use our Chesapeake Paycheck Calculator.

What affects your actual pay

  • Experience: entry-level often 25–35% below median; senior roles 40–60%+ above.
  • Specific employer: top-tier employers in Chesapeake pay 10–25% above market for the same role.
  • Industry: a Software Engineer at a tech company in Chesapeake typically out-earns one at a non-tech employer.
  • Negotiation: simply negotiating an offer can shift comp by 5–15%.
  • Education and credentials: degrees and licenses (especially for healthcare, legal, engineering) can move comp by 15–30%.
  • Remote vs in-office: many Chesapeake employers now base pay on cost of living, with remote workers in cheaper metros paid less.

Related calculators

Financial Advisor Salary in Virginia — state-level average. Salary Calculator — convert hourly ↔ annual. Chesapeake Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Investment Calculator — long-term portfolio growth.

Frequently Asked Questions

What is the median Financial Advisor salary in Chesapeake?
The estimated median Financial Advisor salary in Chesapeake, Virginia is $94,000 per year, or approximately $45/hour at standard full-time. Chesapeake sits 0.0% above the US national average for this role.
Chesapeake vs Virginia state — what's the salary difference?
Chesapeake: $94,000. Virginia state average for Financial Advisor: $96,800. Difference: -$2,800 (2.9%). City-level pay typically reflects the metro area's cost of living and concentration of employers.
Does Chesapeake have a city income tax?
No, Chesapeake has no separate city income tax. Only federal income tax, FICA, and Virginia state tax apply (roughly 5% effective state rate at this income).
Does this account for cost-of-living differences?
Yes — the city multiplier reflects Chesapeake's cost of living relative to the US average. Chesapeake's multiplier is 1.00× national. For comparison: San Francisco ~1.45×, NYC ~1.32×, mid-tier metros ~1.00×, low-cost metros ~0.85–0.90×. Higher local cost generally means employers pay more to attract talent.
What's the after-tax take-home for Financial Advisor in Chesapeake?
Estimate: $68,949/year after federal income tax (~14% effective), FICA (7.65%), Virginia state tax (~5.0% effective), and Chesapeake local tax (0.00%). For exact numbers, use the Chesapeake Paycheck Calculator with your specific 401(k) and deductions.