Business & Finance Richmond, VA Pop. 226,610

Financial Analyst Salary in Richmond, Virginia

The median financial analyst salary in Richmond, VA is $99,834 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.

City Median
$99,834
vs State Avg
$-3,803
vs National
+$4,754
Cost of Living
100%

Financial Analyst Pay in Richmond: What to Expect (2026)

Richmond offers a median financial analyst salary of $99,834, which is $3,803 below the Virginia state average of $103,637. Compared to the national median of $95,080, Richmond pays above average for this role.

Richmond's cost of living is 100% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial analysts in Richmond spans from $60,060 at the 10th percentile to $174,930 at the 90th percentile — a $114,870 spread. Entry-level professionals start around $63,000, while senior financial analysts with 8+ years of experience can earn up to $155,400. With a population of 226,610, Richmond is a mid-sized metro with a growing job market.

Financial Analyst Salary in Richmond by Experience

In Richmond, an entry-level financial analyst earns around $63,000, while experienced professionals earn up to $155,400 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$63,000
+$3,000 vs national
Mid Level (3-7 yrs)
$100,800
+$4,800 vs national
Senior Level (8+ yrs)
$155,400
+$7,400 vs national

Salary Percentiles in Richmond, VA

Percentile Richmond
10th Percentile $60,060
25th Percentile $76,440
Median (50th) $99,834
75th Percentile $131,250
90th Percentile $174,930

Financial Analyst Salary in Other Virginia Cities

Arlington, VA
$130,260
Pop. 238,643
Virginia Beach, VA
$101,736
Pop. 449,974
Chesapeake, VA
$97,932
Pop. 249,422
Norfolk, VA
$96,031
Pop. 238,005

How to Become a Financial Analyst in Richmond

Education

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

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Richmond may vary based on local industry and population growth.

Find Financial Analyst Jobs in Richmond

Browse open financial analyst positions in Richmond, VA:

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Frequently Asked Questions: Financial Analyst Salary in Richmond

How much does a Financial Analyst make in Richmond, VA? ▼
The median financial analyst salary in Richmond, Virginia is $99,834 per year, which is 5.0% above the national median of $95,080. Salaries range from $60,060 (10th percentile) to $174,930 (90th percentile).
How much does a Financial Analyst make per hour in Richmond? ▼
Based on the median annual salary of $99,834, a financial analyst in Richmond earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Richmond compare to the Virginia state average for financial analyst pay? ▼
Richmond's median financial analyst salary of $99,834 is 3.7% below the Virginia state average of $103,637. 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 financial analyst salary of $99,834 in Richmond has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Richmond? ▼
Most financial analyst positions in Richmond require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.