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Finance Degree in Norfolk, VA — Salary & ROI 2026

Finance degree analysis for Norfolk, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$65K

COL-adjusted

Mid-Career

$102K

COL-adjusted

ROI Payback

2.5 yrs

in Norfolk

Cost of Living

93

index (100 = avg)

Finance in Norfolk, VA Overview

Norfolk, Virginia (pop. 238,005) has 16 colleges offering Finance programs. The local cost of living index of 93 is near the national average, with average rent near campus at $956/month. Finance enrollment is stable nationwide, with steady demand for graduates skilled in Financial Modeling and Valuation. The adjusted starting salary in Norfolk is approximately $65,100, growing to $102,300 by mid-career.

Category

Business

Local Colleges

16

Public Tuition

$10,571/yr

Private Tuition

$25,348/yr

Room & Board

$9,443/yr

Avg Fin. Aid

$15,816/yr

Unemployment

4.6%

Graduation Rate

49%

Finance Salary in Norfolk (COL-Adjusted)

Salaries adjusted for Norfolk's cost of living index of 93 (national average = 100).

Entry Level (0-2 yrs)
$65,100($-4,900 vs national)
Mid Career (5-9 yrs)
$102,300($-7,700 vs national)
Senior Level (15+ yrs)
$134,850($-10,150 vs national)

Note: National average Finance salary: $70,000 starting, $110,000 mid-career, $145,000 senior level.Norfolk adjustment factor: 0.93x based on the local cost of living index.

Finance ROI Calculator for Norfolk

Estimate your return on investment for a Finance degree using local Norfolk tuition and cost of living data.

Public avg: $10,571 | Private avg: $25,348

Norfolk avg aid: $15,816/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$80,056

tuition + room & board - aid

Annual Earnings Premium

$32,550

vs HS diploma in Norfolk

ROI Payback Period

2.5 years

to break even

Lifetime Return in Norfolk

$803,444

Lifetime earnings premium ($883,500) minus total education cost ($80,056)

Student Loan Payoff for Finance in Norfolk

Standard Plan (10 years)

Loan Amount$80,056
Monthly Payment$909
Total Interest$29,026
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$80,056
Monthly Payment$1,566
Total Interest$13,927
Interest Savings$15,099

Colleges in Norfolk for Finance

Old Dominion University

public

$11,210/yr

$44,840 total

Norfolk State University

public

$9,932/yr

$39,728 total

Community Colleges (2-Year Transfer)

Tidewater Community College Norfolk

$5,340/yr

Top Employers for Finance in Norfolk

Norfolk offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Finance graduates. National top employers in this field include:

JPMorganGoldman SachsMorgan StanleyBlackRockDeloitte

Key Norfolk Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Finance Job Titles

Financial AnalystInvestment BankerPortfolio Manager

Finance Degree in Norfolk — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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Compare Finance ROI in other cities, or explore other majors in Norfolk.

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