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What is the average salary in Richmond, VA?

The average salary in Richmond, VA is $69,274 per year.

Job seekers in Richmond, VA, will find a diverse salary landscape. The average yearly salary stands at $69,274. This figure shows a healthy range of opportunities across various industries. Salaries spread from $27,000 to over $200,000 annually.


A closer look at the salary distribution reveals several key points. The most common salary range is from $42,727 to $89,909. Jobs falling into this range cover 53.6% of the total positions. This means a majority of roles offer salaries in this middle bracket. Higher-paying jobs, above $121,364, represent about 11% of available positions. Job seekers aiming for top salaries will need to focus on these high-paying sectors.

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What are the best paying jobs in Richmond, VA?

Richmond, VA, offers a range of high-paying job opportunities for skilled professionals. Among the top positions are Owner Operators, Physicians, and General Dentists. These roles provide competitive salaries and often come with the benefits of a stable career in a growing industry. Owner Operators can earn a significant income by running their own businesses. Physicians, especially in specialized fields, also enjoy high earnings. General Dentists benefit from lucrative practices, with the potential to earn well above average. These jobs require expertise and dedication but reward professionals with substantial compensation.
Graph displaying best paying job salaries in Richmond, VA, highlighting Owner Operator with the highest at $306,854 and Independent Contractor with the lowest at $137,528.
  1. Owner Operator
    Average Salary: $306,854
    These professionals manage their own trucking or delivery businesses. Companies in Richmond rely on these operators for timely deliveries. They balance business operations, finances, and customer service.
    Find Owner Operator jobs in Richmond, VA


  2. Physician
    Average Salary: $284,938
    Doctors provide medical care to patients in hospitals or clinics. In Richmond, they work with health care systems to ensure community health. Their role is vital for diagnosing and treating illnesses.
    Find Physician jobs in Richmond, VA


  3. General Dentist
    Average Salary: $221,749
    Dentists perform routine check-ups and dental procedures. In Richmond, they serve at private practices and dental clinics. Their aim is to maintain and improve patients’ oral health.
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  4. Enterprise Architect
    Average Salary: $157,155
    These architects design and manage an organization's IT strategy. In Richmond, they work with tech companies to create efficient systems. They ensure IT aligns with business goals.
    Find Enterprise Architect jobs in Richmond, VA


  5. Business Consultant
    Average Salary: $155,865
    Consultants advise businesses on improving efficiency and profitability. In Richmond, they work with firms across various industries. Their expertise helps companies navigate challenges and grow.
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  6. Solutions Architect
    Average Salary: $153,610
    They design solutions to meet business needs. In Richmond, these professionals work in tech companies, creating effective IT systems. They ensure these systems meet business goals.
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  7. Solution Architect
    Average Salary: $146,151
    They focus on developing technical solutions. In Richmond, they collaborate with teams to build systems that solve business challenges. Their work enhances efficiency and productivity.
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  8. Nurse Practitioner
    Average Salary: $145,904
    Nurse practitioners provide advanced care to patients. In Richmond, they work in clinics and hospitals. Their role involves diagnosing illnesses and managing treatment plans.
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  9. Product Manager
    Average Salary: $140,497
    They oversee the development of new products. In Richmond, these managers work in tech and consumer goods companies. They ensure products meet market needs and company goals.
    Find Product Manager jobs in Richmond, VA


  10. Independent Contractor
    Average Salary: $137,528
    Independent contractors offer specialized services. In Richmond, they work with various businesses, providing services from marketing to IT. They manage their own schedules and projects.
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What are the best paying jobs in Richmond, VA without a degree?

Richmond, VA offers several high-paying jobs that do not require a college degree. Some of the top positions include canvassers, concrete finishers, and irrigation technicians. These jobs provide good incomes and opportunities for career advancement. Job seekers in Richmond can find rewarding positions with competitive salaries. Canvassers, who promote causes or products, earn an average of $53,648. Concrete finishers, who prepare concrete for construction, make about $51,044. Irrigation technicians, who manage water systems for plants, earn around $50,879. These jobs offer stable earnings and are accessible to those without a college degree.
Graph displaying best paying job salaries in Richmond, VA without a degree, highlighting Canvasser with the highest at $53,648 and Irrigation Technician with the lowest at $50,879.
  1. Canvasser
    Average Salary: $53,648
    Working for local businesses, political campaigns, or organizations, the canvasser visits homes or businesses to gather information or promote products. They build relationships and gather data to help companies better understand their customers. They may work for companies like Dominion Energy or political campaigns.
    Find Canvasser jobs in Richmond, VA


  2. Concrete Finisher
    Average Salary: $51,044
    This job involves preparing and finishing concrete for construction projects. They use tools like trowels and brooms to smooth and level concrete. They often work on large-scale construction projects. Companies in Richmond like Mortenson Construction look for skilled concrete finishers.
    Find Concrete Finisher jobs in Richmond, VA


  3. Irrigation Technician
    Average Salary: $50,879
    An irrigation technician installs, maintains, and repairs irrigation systems for gardens, parks, or sports fields. They ensure the systems work well and conserve water. Working for landscape companies or local government, they ensure proper watering of public spaces.
    Find Irrigation Technician jobs in Richmond, VA

Which companies offer the top salaries in Richmond, VA?

Job seekers in Richmond, VA, have the chance to find high-paying positions at top companies. PwC stands out with an average salary of $177,428, making it one of the best options for those seeking competitive compensation. KPMG also offers a strong average salary of $157,796, providing another excellent opportunity for professionals in the area. Deloitte and Markel Corporation follow closely with average salaries of $147,111 and $134,158, respectively. Genworth, McKesson, Elevance Health, and Rise Technical Recruitment Limited are also great choices with salaries ranging from $131,504 to $119,506. The Federal Reserve Bank of Richmond offers an average salary of $118,682, rounding out the list of top-paying companies.
Graph displaying company salaries in Richmond, VA, highlighting PwC with the highest at $177,428 and Federal Reserve Bank of Richmond with the lowest at $118,682.
  1. PwC
    Average Salary: $177,428
    PwC offers a variety of career opportunities in audit, tax, and consulting services. They are known for their positive work culture and opportunities for growth.


  2. KPMG
    Average Salary: $157,796
    KPMG provides audit, tax, and advisory services. They focus on professional development and have a reputation for offering challenging and rewarding careers.


  3. Deloitte
    Average Salary: $147,111
    Deloitte offers careers in consulting, audit, tax, and financial advisory services. They emphasize teamwork and innovation in their work environment.


  4. Markel Corporation
    Average Salary: $134,158
    Markel provides insurance and reinsurance services. They are recognized for their strong financial standing and employee benefits.


  5. Genworth
    Average Salary: $131,504
    Genworth is a financial services company that offers life, mortgage, and retirement products. They are known for their stability and employee-focused initiatives.


  6. McKesson
    Average Salary: $123,661
    McKesson is a pharmaceutical distribution company. They offer a broad range of health care services and have a strong reputation in the industry.


  7. Elevance Health
    Average Salary: $122,213
    Elevance Health is a health benefits organization. They provide health services and insurance and focus on improving health outcomes.


  8. Rise Technical Recruitment Limited
    Average Salary: $119,506
    Rise Technical Recruitment is a staffing agency that specializes in IT and technical placements. They are known for their strong relationships with clients and candidates.


  9. Hirschbach Motor Lines
    Average Salary: $118,833
    Hirschbach Motor Lines is a transportation company. They offer career opportunities in logistics and transportation with a focus on safety and reliability.


  10. Federal Reserve Bank of Richmond
    Average Salary: $118,682
    The Federal Reserve Bank of Richmond provides banking services and works to ensure the stability of the financial system. They offer competitive salaries and benefits.

How does the cost of living in Richmond, VA compare to the national average?

Richmond, VA, offers a cost of living that is slightly below the nationwide average. The cost of living index in Richmond stands at 97, with housing costs at 98% of the national average, utilities at 92%, and transportation at 95%. This moderate index makes Richmond an attractive location for budget-conscious professionals seeking a balanced lifestyle. Housing and utilities in Richmond are particularly cost-effective, contributing to the overall lower cost of living. Groceries and healthcare costs are slightly above the national average at 105% and 94%, respectively, while miscellaneous expenses match the national average at 100%. This profile provides a competitive advantage for those looking to manage their living expenses efficiently while enjoying a vibrant urban environment.
Cost of living comparison graph for Richmond, VA vs. Nationwide: housing 2% lower, groceries 5% higher, utilities 8% lower, transportation 5% lower, healthcare 6% lower, miscellaneous 0% lower.

Richmond, VA, presents a cost of living index that closely aligns with the nationwide average. When comparing specific categories, housing in Richmond stands at 98, indicating that it is slightly lower than the national average of 100. This minor difference suggests that job seekers might find housing costs in Richmond to be relatively affordable.


Examining other areas, groceries in Richmond are priced at 105, which means they are 5% higher than the national average. Utilities follow closely behind at 92, showing a slight decrease of 8% compared to the nationwide average. Transportation costs in Richmond stand at 95, which is 5% below the national average. Healthcare costs in the city are at 94, again 6% lower than the national standard. Miscellaneous expenses are exactly at the national average, at 100. These figures suggest that Richmond offers a balanced cost of living, with some categories being more affordable and others slightly higher.

There are 5,423 job openings in Richmond, VA, today!

Take a deeper dive into the job market in Richmond, VA

Discover what it's like to work in Richmond, VA. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
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Richmond, VA
5,423 Job Openings