Chief Executives pay range in Richmond
New workers and the lowest-paid 10% earn about $130,130 a year or less, while the top 10% make $558,600 or more. The middle half of chief executives in Richmond earn between $188,360 and $401,930.
- $130K10th
- $188K25th
- $326KMedian
- $402K75th
- $559K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $328,500 | $27,375 | $157.93 |
| Median | $326,160 | $27,180 | $156.81 |
| Entry level (25th percentile) | $188,360 | $15,697 | $90.56 |
| Experienced (75th percentile) | $401,930 | $33,494 | $193.24 |
*Hourly figures assume 2,080 paid hours a year.
Chief Executives salary after taxes in Richmond
On the average salary of $328,500, a single filer in Richmond takes home about $214,957 a year, or $17,913 a month and $8,268 every two weeks. Taxes take 35% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Richmond a good place for chief executives? Pay vs. cost of living
Prices in the Richmond area are 2% below the U.S. average (BEA price parity 97.9), so the average $328,500 buys what about $335,690 would buy in a typical U.S. metro. This job pays 6.3 times the median wage of all jobs in Richmond ($51,460). A typical home costs $397,705, or 1.2 years of this average salary before tax.
Chief Executives salary in other Virginia cities
Richmond ranks 3rd of 9 Virginia metro areas for this job; Charlottesville pays the most ($352,900).
- Charlottesville$352,900
- Virginia Beach$333,240
- Richmond$328,500
- Roanoke$301,480
- Staunton$296,540
- Harrisonburg$290,420
- Winchester$274,090
- Lynchburg$273,430
- Blacksburg$261,490
Highest-paying cities for chief executives
Medford, OR pays this job the most of the metro areas we cover ($503,650).
- Medford, OR$503,650
- Midland, MI$493,680
- Bridgeport, CT$447,290
- Durham, NC$425,580
- Portland, OR$420,320
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Chief Executives salary in Richmond: questions
How much do chief executives make an hour in Richmond?
$157.93 an hour on average, and $156.81 at the median (BLS, May 2025).
What is the entry-level chief executives salary in Richmond?
The lowest-paid 10% earn about $130,130 a year and the 25th percentile is $188,360, a fair guide to starting pay.
What is the chief executives take-home pay in Richmond?
About $214,957 a year ($17,913 a month) for a single filer on the average salary of $328,500.
Do chief executives earn more in Richmond than elsewhere?
The average here is 17% more than the U.S. metro average for this job ($281,693).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-1011; area Richmond, VA (40060). Relative standard error of the mean wage: 3.2%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 0.94, this job is about as common as in the U.S. overall.
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