๐Ÿ’ฐ COL Index: 98 โ€” Below Avg Cost

Salaries in Richmond, VA

Modeled occupation planning estimates with gross-pay and cost-context formulas.

Model generated 2026-02-26 ยท Methodology reviewed July 16, 2026 ยท 40 selected occupations

Selected-Role Model Average
$69,348
unweighted modeled medians; not a worker average
Purchasing-Power Model
$70,764
model average รท 98.0 ร— 100
Highest Modeled Role
Marketing Manager
$156,674
City 1BR Rent Reference
$1,365
monthly context; not a current quote

What does the salary model mean for Richmond?

$69,348 is the unweighted arithmetic average of the modeled medians for these 40 selected occupations. It is not an official mean or median for all local workers.

Model average$69,348/year
Gross monthly equivalent$5,779/month
Household income context$65,650

Keep the measures separate: gross monthly salary is before taxes and deductions; household income can include multiple earners; the selected-role model average is not weighted by local employment.

๐Ÿ† Highest Modeled Values in This 40-Role Set

Ranked by modeled annual occupation median. These are planning estimates, not direct local OEWS rows.

๐Ÿฅ‡ -1% vs national

Marketing Manager

$156,674
๐Ÿ’ก Purchasing-power model $159,871
โฑ Hourly modeled equivalent $75.32/hr
National projected growth +8.0%
๐Ÿฅˆ -1% vs national

Pharmacist

$135,213
๐Ÿ’ก Purchasing-power model $137,972
โฑ Hourly modeled equivalent $65.01/hr
National projected growth -3.0%
๐Ÿฅ‰ -1% vs national

Software Developer

$126,496
๐Ÿ’ก Purchasing-power model $129,078
โฑ Hourly modeled equivalent $60.82/hr
National projected growth +17.0%
4๏ธโƒฃ -1% vs national

Construction Manager

$107,560
๐Ÿ’ก Purchasing-power model $109,755
โฑ Hourly modeled equivalent $51.71/hr
National projected growth +8.0%
5๏ธโƒฃ -1% vs national

Project Manager

$100,672
๐Ÿ’ก Purchasing-power model $102,727
โฑ Hourly modeled equivalent $48.40/hr
National projected growth +6.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Richmond

Purchasing-power equivalent = modeled annual median divided by the planning cost index (98.0/100). It does not estimate taxes or take-home pay. This city cost reference is below 100.

Showing all 40 occupations.

#
1 Marketing Manager $156,674
2 Pharmacist $135,213
3 Software Developer $126,496
4 Construction Manager $107,560
5 Project Manager $100,672
6 Physical Therapist $99,111
7 Financial Analyst $98,415
8 Web Developer $92,193
9 Dental Hygienist $87,004
10 Accountant $85,563
11 Registered Nurse $85,553
12 Data Analyst $82,859
13 Insurance Agent $79,460
14 Loan Officer $75,742
15 Police Officer $74,460
16 Human Resources Specialist $67,244
17 Elementary School Teacher $63,287
18 Plumber $62,969
19 Paralegal $62,373
20 Electrician $61,180
21 Real Estate Agent $61,111
22 Graphic Designer $60,971
23 Social Worker $60,494
24 Chef/Head Cook $59,987
25 Firefighter $56,777
26 Carpenter $56,578
27 HVAC Technician $55,335
28 Licensed Practical Nurse (LPN) $54,292
29 Heavy Truck Driver $52,771
30 Welder $49,292
31 Auto Mechanic $48,030
32 Personal Trainer $46,399
33 Dental Assistant $44,551
34 Veterinary Technician $42,483
35 Pharmacy Technician $40,058
36 Cosmetologist $38,139
37 Medical Assistant $38,040
38 Security Guard $35,923
39 Nursing Assistant (CNA) $35,545
40 Nail Technician $33,149

OCity planning estimates. National occupation references are inputs; displayed city values are modeled rather than direct local BLS occupation rows.

Richmond salary model: formulas, sources and limitations

Stored occupation model comparison

modeled estimate รท stored national reference = row comparison

On this owner, estimate-to-reference ratios are approximately 0.994ร—. Ratios can vary by occupation, so this is not described as one citywide multiplier or a direct local OEWS download.

Purchasing-power equivalent

modeled estimate รท 98.0 ร— 100

This comparison does not estimate taxes or take-home pay and is not an official BLS adjustment.

Limitations. โ€œAverageโ€ is unweighted across selected occupations. Growth fields are national occupation projections, not local forecasts. City and metro geographies can differ. Repeated stored employment counts are not presented as local jobs.

Model generated 2026-02-26; methodology reviewed July 16, 2026.

๐Ÿ™๏ธ Living Costs in Richmond

๐Ÿ 
1BR Rent
$1,365/mo
๐Ÿก
2BR Rent
$1,532/mo
๐Ÿ˜๏ธ
Median Home
$388,375
๐Ÿ“‰
Unemployment
2.8%
๐Ÿ’ณ
Median Income
$65,650
๐ŸŽ“
College Educated
47%
๐Ÿšถ
Walk Score
55/100
๐Ÿ“Š
Cost of Living
98
Below Avg Cost

๐Ÿงฎ Test Your Richmond Budget

Use scenario tools to compare gross pay and city cost context. Results depend on the inputs and do not guarantee take-home pay, housing approval or affordability.

โ“ Richmond Salary FAQ

What does the average salary in Richmond mean on this page?

โ–ผ
$69,348 is the unweighted arithmetic average of the modeled medians for 40 selected occupations. It is not an official mean or median for all Richmond workers.

What is the monthly salary estimate in Richmond?

โ–ผ
The selected-occupation model average equals about $5,779 per month before taxes and deductions. This gross arithmetic conversion is not take-home pay or household income.

What is a good salary in Richmond?

โ–ผ
There is no universal threshold. Household size, current housing quotes, taxes, debt, benefits, transportation and other recurring costs determine fit. The figures here are planning references, not affordability guarantees.

Are these direct local BLS salary observations for Richmond?

โ–ผ
No. Each stored city planning estimate is compared with its stored national occupation reference. The estimate-to-reference relationship is approximately 0.994ร—; it is not represented as one universal city multiplier or a direct local BLS observation.

๐Ÿ“ Planning Takeaways for Richmond

Use the occupation rows to compare modeled gross-pay references, not to predict an offer. Validate the exact role, experience level, employer, benefits and location. Then model taxes and current household costs before making a relocation or career decision.

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