Business & Finance Richmond, VA Pop. 226,610

Management Consultant Salary in Richmond, Virginia

The median management consultant salary in Richmond, VA is $104,381 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.

City Median
$104,381
vs State Avg
$-3,976
vs National
+$4,971
Cost of Living
100%

Management Consultant Salary in Richmond by Experience

In Richmond, an entry-level management consultant earns around $63,000, while experienced professionals earn up to $173,250 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)
$105,000
+$5,000 vs national
Senior Level (8+ yrs)
$173,250
+$8,250 vs national

Salary Percentiles in Richmond, VA

Percentile Richmond
10th Percentile $57,960
25th Percentile $76,440
Median (50th) $104,381
75th Percentile $143,850
90th Percentile $188,580

Management Consultant Salary in Other Virginia Cities

How to Become a Management Consultant in Richmond

Education

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

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). Demand in Richmond may vary based on local industry and population growth.

Find Management Consultant Jobs in Richmond

Browse open management consultant positions in Richmond, VA:

Frequently Asked Questions: Management Consultant Salary in Richmond

How much does a Management Consultant make in Richmond, VA?
The median management consultant salary in Richmond, Virginia is $104,381 per year, which is 5.0% above the national median of $99,410. Salaries range from $57,960 (10th percentile) to $188,580 (90th percentile).
How much does a Management Consultant make per hour in Richmond?
Based on the median annual salary of $104,381, a management consultant in Richmond earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Richmond compare to the Virginia state average for management consultant pay?
Richmond's median management consultant salary of $104,381 is 3.7% below the Virginia state average of $108,357. 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 management consultant salary of $104,381 in Richmond has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a management consultant in Richmond?
Most management consultant positions in Richmond require a bachelor's degree. Key skills include Strategic Planning, Data Analysis, Presentation, Change Management. The job market is projected to grow 10% nationally over the next decade.