Technology Richmond, VA Pop. 226,610

Product Manager Salary in Richmond, Virginia

The median product manager salary in Richmond, VA is $130,680 per year, which is 8.0% above the national median and 3.6% below the Virginia state average.

City Median
$130,680
vs State Avg
$-4,840
vs National
+$9,680
Cost of Living
100%

Product Manager Salary in Richmond by Experience

In Richmond, an entry-level product manager earns around $81,000, while experienced professionals earn up to $189,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$81,000
+$6,000 vs national
Mid Level (3-7 yrs)
$131,760
+$9,760 vs national
Senior Level (8+ yrs)
$189,000
+$14,000 vs national

Salary Percentiles in Richmond, VA

Percentile Richmond
10th Percentile $77,760
25th Percentile $102,600
Median (50th) $130,680
75th Percentile $167,400
90th Percentile $207,360

Product Manager Salary in Other Virginia Cities

Arlington, VA
$169,400
Pop. 238,643
Virginia Beach, VA
$133,100
Pop. 449,974
Chesapeake, VA
$128,260
Pop. 249,422
Norfolk, VA
$125,840
Pop. 238,005

How to Become a Product Manager in Richmond

Education

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

Key Skills

Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research

Job Outlook

Nationally, product manager 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 Product Manager Jobs in Richmond

Browse open product manager positions in Richmond, VA:

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Frequently Asked Questions: Product Manager Salary in Richmond

How much does a Product Manager make in Richmond, VA? ▼
The median product manager salary in Richmond, Virginia is $130,680 per year, which is 8.0% above the national median of $121,000. Salaries range from $77,760 (10th percentile) to $207,360 (90th percentile).
How much does a Product Manager make per hour in Richmond? ▼
Based on the median annual salary of $130,680, a product manager in Richmond earns approximately $63 per hour assuming a standard 2,080-hour work year.
How does Richmond compare to the Virginia state average for product manager pay? ▼
Richmond's median product manager salary of $130,680 is 3.6% below the Virginia state average of $135,520. 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 product manager salary of $130,680 in Richmond has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Richmond? ▼
Most product manager positions in Richmond require a bachelor's degree. Key skills include Product Strategy, Agile/Scrum, Data Analysis, Stakeholder Management. The job market is projected to grow 10% nationally over the next decade.