Chief Executive Salary in Richmond, VA
Chief Executives in the Richmond, VA metro area earn a median $326,160 a year — 52% more than the national median. After 2026 taxes, that is $213,626 take-home, or $17,802 a month.
Take-home pay calculator
Pre-filled with the median chief executive salary in Richmond, VA. Enter your own offer to see your paycheck.
- Federal income tax$77,290
- Social Security (6.2%)$11,439
- Medicare (1.45%)$5,865
- Virginia income tax$17,940
- Take-home pay$213,626
Marginal rate: 35% federal + 5.75% state
Chief Executive pay by experience in Richmond, VA
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $130,130 | $62.56 | $93,541 | $7,795 |
| 25th percentile | $188,360 | $90.56 | $130,233 | $10,853 |
| Median (50th) | $326,160+ | $156.81 | $213,626 | $17,802 |
| 75th percentile | $401,930+ | $193.24 | $256,739 | $21,395 |
| 90th percentile (top earners) | $558,600+ | $268.56 | $345,884 | $28,824 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Virginia resident, 2026 tax rules.
What $326,160 buys in Richmond, VA
Prices in Richmond, VA are 2.1% lower than the U.S. average (housing costs are 1% below the national average). Adjusted for local prices, a median chief executive's $213,626 take-home pay has the buying power of $218,302 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Chief Executive jobs are about as common in Richmond, VA as in the U.S. overall (location quotient 0.94).
Best-paying cities for chief executives, adjusted for cost of living
Richmond, VA ranks #6 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Seattle, WA | $239,200+ | $259,032 | $233,083 |
| 2 | Bridgeport, CT | $239,200+ | $247,855 | $231,935 |
| 3 | Charlotte, NC | $239,200+ | $220,744 | $226,758 |
| 4 | Dallas, TX | $239,200+ | $227,744 | $220,918 |
| 5 | Chicago, IL | $239,200+ | $226,413 | $218,556 |
| 6 | Richmond, VA | $239,200+ | $213,626 | $218,302 |
| 7 | Des Moines, IA | $239,200+ | $199,056 | $217,070 |
| 8 | Portland, OR | $239,200+ | $227,767 | $216,055 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
Chief Executive salaries elsewhere in Virginia
- Virginia Beach, VA — $239,200+
Frequently asked questions
How much does a chief executive make in Richmond, VA?
The median chief executive salary in the Richmond, VA metro area is $326,160 a year, or about $156.81 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $188,360 and $239,200+.
What is a chief executive’s take-home pay in Richmond, VA?
On the median $326,160 salary, a single filer living in Virginia takes home about $213,626 a year ($17,802 a month) after federal tax, Social Security, Medicare and $17,940 in Virginia taxes in 2026.
Is Richmond, VA a good place to work as a chief executive?
Pay here is 52% above the national median of $213,990. Local prices are 2.1% below the U.S. average, so the take-home pay buys what $218,302 would in a typical U.S. city. Richmond, VA ranks #6 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a chief executive afford rent in Richmond, VA?
HUD’s fair market rent for a one-bedroom in Richmond, VA is $1,505 a month ($1,653 for two bedrooms) — 8% of a median chief executive’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Richmond, VA
- Computer and Information Systems Manager — $180,640
- Marketing Manager — $174,130
- Financial Manager — $173,140
- Sales Manager — $168,590
- Architectural and Engineering Manager — $167,170
- Human Resources Manager — $152,190
- Purchasing Manager — $147,410
- Managers, All Other — $144,730
- Industrial Production Manager — $136,030
- Medical and Health Services Manager — $129,660
- Education Administrators, Postsecondary — $126,850
- Administrative Services Manager — $115,530