Business & Finance Richmond, VA Pop. 226,610

Accountant Salary in Richmond, Virginia

The median accountant salary in Richmond, VA is $83,874 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.

City Median
$83,874
vs State Avg
$-3,195
vs National
+$3,994
Cost of Living
100%

Accountant Salary in Richmond by Experience

In Richmond, an entry-level accountant earns around $54,600, while experienced professionals earn up to $126,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$54,600
+$2,600 vs national
Mid Level (3-7 yrs)
$84,000
+$4,000 vs national
Senior Level (8+ yrs)
$126,000
+$6,000 vs national

Salary Percentiles in Richmond, VA

Percentile Richmond
10th Percentile $52,920
25th Percentile $65,835
Median (50th) $83,874
75th Percentile $107,520
90th Percentile $139,440

Accountant Salary in Other Virginia Cities

How to Become a Accountant in Richmond

Education

Most accountant positions require a bachelor's degree. Richmond and the surrounding Virginia area have institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Demand in Richmond may vary based on local industry and population growth.

Find Accountant Jobs in Richmond

Browse open accountant positions in Richmond, VA:

Frequently Asked Questions: Accountant Salary in Richmond

How much does a Accountant make in Richmond, VA?
The median accountant salary in Richmond, Virginia is $83,874 per year, which is 5.0% above the national median of $79,880. Salaries range from $52,920 (10th percentile) to $139,440 (90th percentile).
How much does a Accountant make per hour in Richmond?
Based on the median annual salary of $83,874, a accountant in Richmond earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Richmond compare to the Virginia state average for accountant pay?
Richmond's median accountant salary of $83,874 is 3.7% below the Virginia state average of $87,069. The local cost of living index is 100% of the national average.
What is the cost of living in Richmond, VA?
Richmond has a cost of living index of 100% compared to the national average. This means a accountant salary of $83,874 in Richmond has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a accountant in Richmond?
Most accountant positions in Richmond require a bachelor's degree. Key skills include GAAP, Tax Preparation, Financial Analysis, QuickBooks. The job market is projected to grow 4% nationally over the next decade.