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Richmond · Occupational wage benchmark

Project Management Specialists Salary in Richmond

What Project Management Specialists actually earn in the Richmond metro area — the published BLS median, what it is worth after local costs, and how it ranks against other major metros.

Direct answer
Project Management Specialists in the Richmond metro area earn a median of $102,170 per year (-0.1% vs national, #23 of 49 major metros). Because the area price level is 97.9 against a U.S. average of 100, that salary carries roughly the purchasing power of $104,406 nationally. These are BLS occupational wage benchmarks across all workers — not MBA-graduate-specific outcomes.

Sources: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Richmond, VA metro estimates for SOC 13-1082; cost-of-living adjustment 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.

Median annual wage
$102,170
Project Management Specialists in Richmond
Adjusted for cost of living
$104,406
Richmond price level 97.9 (U.S. = 100)
Rank among metros
#23 of 49
#19 after cost of living
Workers employed
6,380
in metro Richmond

What Project Management Specialists earn in Richmond, adjusted for what it costs to live there

A headline wage only means something next to local prices. Once local prices are accounted for, Richmond moves up 4 places — the paycheck stretches further than the nominal figure suggests.

MetroMedian (nominal)Adjusted for cost of living
San Jose$135,120$122,366
San Francisco$135,040$116,803
Seattle$130,380$117,319
Washington DC$127,030$116,665
New York$126,660$112,524
Sacramento$124,350$116,574
San Diego$117,460$104,981
Denver$116,740$110,359
Boston$114,990$106,211
Portland$108,340$102,769
Los Angeles$108,310$95,372
Hartford$105,720$102,895
Detroit$105,350$105,037
Chicago$105,320$101,665
Charlotte$105,200$108,066
Virginia Beach$104,920$107,126
Providence$104,510$102,689
Philadelphia$104,160$101,566
Baltimore$103,720$99,266
Atlanta$103,400$103,340

Nominal medians: BLS OEWS, May 2024 estimates (published April 2025) — occupational wage benchmarks across all workers, not MBA-specific outcomes. Adjusted column: SalaryMBA estimate, computed as nominal ÷ (metro RPP ÷ 100) using BEA MARPP 2024 regional price parities.

The national pay range for Project Management Specialists

BLS publishes the full percentile distribution nationally. The spread within the occupation is usually far wider than the gap between metros.

Percentile (national)Annual wageReading
10th percentile$61,580Entry / early-career end
25th percentile$78,440
Median (50th)$102,320
75th percentile$133,100
90th percentile$167,970Senior / top-market end

Other MBA-relevant roles in Richmond

How to read the Richmond number

The $102,170 median means half of Project Management Specialists in the Richmond area earn less and half earn more. It is measured across everyone in the occupation — every experience level, industry, and level of education. It is not the salary of a recent MBA graduate, and it is not a starting salary.

BLS counts roughly 6,380 people in this role in the Richmond area. To compare against the state and national picture, see Project Management Specialists nationally or model your own economics with the MBA ROI calculator.

Frequently asked questions

How much do Project Management Specialists make in Richmond?

Project Management Specialists in the Richmond metro area earn a median of $102,170 per year, according to BLS OEWS May 2024 estimates (published April 2025). That is -0.1% vs national, ranking Richmond #23 of 49 major metros we track for this role. This is an occupational wage benchmark across all workers in the metro, not an MBA-graduate-specific salary.

Is $102,170 a good salary in Richmond?

It depends on local prices. The Richmond area price level is 97.9 against a U.S. average of 100, so $102,170 there carries roughly the purchasing power of $104,406 nationally — about $2,236 more than the headline number implies. Once local prices are accounted for, Richmond moves up 4 places — the paycheck stretches further than the nominal figure suggests.

Do Project Management Specialists in Richmond need an MBA?

These BLS figures cover everyone in the occupation regardless of degree, so they cannot isolate what an MBA adds. Project Management Specialists is a role MBA graduates commonly target, and an MBA can affect where you land within the range through network, function, and seniority — but any precise MBA premium for this role in Richmond would not be supported by this data.

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Every figure on SalaryMBA is source-labeled. See our methodology for how we source and gate data.