Salary by metro
MBA-Relevant Salaries in Richmond
What the roles MBAs target actually pay in the Richmond metro area — source-labeled BLS wage benchmarks, adjusted for what it costs to live there.
Source: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Richmond, VA; cost-of-living from U.S. Bureau of Economic Analysis — Regional Price Parities by Metropolitan Statistical Area (MARPP) (2024). Occupational wage benchmarks across all workers, not MBA-specific outcomes.
- Roles benchmarked
- 18
- MBA-relevant occupations
- Median wage span
- $81,660–$326,160
- across roles
- Highest median
- $326,160
- Chief Executives
- Cost of living
- 97.9
- price level (U.S. = 100)
What MBA-relevant roles pay in Richmond
Median wage and cost-of-living-adjusted value for each occupation. Open a role for its full percentile range and metro ranking.
| Role (occupation) | Median annual | Cost-of-living adjusted |
|---|---|---|
| Chief Executives SOC 11-1011 | $326,160 | $333,299 |
| Computer and Information Systems Managers SOC 11-3021 | $180,640 | $184,594 |
| Marketing Managers SOC 11-2021 | $174,130 | $177,942 |
| Financial Managers SOC 11-3031 | $173,140 | $176,930 |
| Sales Managers SOC 11-2022 | $168,590 | $172,280 |
| Human Resources Managers SOC 11-3121 | $152,190 | $155,521 |
| Medical and Health Services Managers SOC 11-9111 | $129,660 | $132,498 |
| Data Scientists SOC 15-2051 | $122,510 | $125,192 |
| Transportation, Storage, and Distribution Managers SOC 11-3071 | $111,480 | $113,920 |
| Personal Financial Advisors SOC 13-2052 | $110,910 | $113,338 |
| Operations Research Analysts SOC 15-2031 | $109,650 | $112,050 |
| General and Operations Managers SOC 11-1021 | $108,670 | $111,049 |
| Financial and Investment Analysts SOC 13-2051 | $104,160 | $106,440 |
| Project Management Specialists SOC 13-1082 | $102,170 | $104,406 |
| Management Analysts SOC 13-1111 | $95,660 | $97,754 |
| Logisticians SOC 13-1081 | $92,500 | $94,525 |
| Accountants and Auditors SOC 13-2011 | $84,220 | $86,063 |
| Market Research Analysts and Marketing Specialists SOC 13-1161 | $81,660 | $83,447 |
Compare other metros
Cost of living and Richmond pay
Nominal wages in the Richmond area reflect its industry mix and cost of living. A higher headline number in an expensive metro does not automatically mean a better financial outcome — housing and everyday costs claim more of it. Each role page shows the cost-of-living-adjusted figure so you can compare purchasing power, not just headline pay.
Frequently asked questions
What do MBA-relevant roles pay in Richmond?
Across the 18 MBA-relevant occupations benchmarked for the Richmond metro area, median annual wages span roughly $81,660 to $326,160. These are BLS OEWS occupational wage benchmarks across all workers, not MBA-graduate-specific outcomes. The highest-median role here is Chief Executives at $326,160.
Is Richmond an expensive place to earn these salaries?
The Richmond area overall price level is 97.9 against a U.S. average of 100 — close to the national average. Each role page shows the cost-of-living-adjusted figure.
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Every figure on SalaryMBA is source-labeled. See our methodology for how we source and gate data.