Product Manager · Salary Comparison · 2026
Product Manager Salary: Richmond, VA vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Product Managers in Richmond, VA and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$112,000 vs $145,000
Better Purchasing Power
✓ Austin, TX
$110,891 vs $116,935
Best Take-Home (COL-Adj)
✓ Austin, TX
$96,571 vs $108,048
2
Detailed Comparison
| Metric | Richmond, VA | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $112,000 | $145,000▲ | -$33,000 |
| 25th Percentile | $84,000 | $109,000▲ | -$25,000 |
| 75th Percentile | $148,000 | $191,000▲ | -$43,000 |
| 90th Percentile | $184,000 | $238,000▲ | -$54,000 |
| Cost of Living Index | 101 | 124 | -23 |
| State Income Tax | 5.75% | 0%▲ | +5.75% |
| COL-Adjusted Median | $110,891 | $116,935▲ | -$6,044 |
| Est. Annual Take-Home | $97,537 | $133,980▲ | -$36,443 |
| COL-Adj. Take-Home | $96,571 | $108,048▲ | -$11,477 |
| Total Employment | 2,500 | 7,000 | -4,500 |
▲ = Higher value wins for this metric. Diff = Richmond, VA minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $33,000 more (median: $112,000 vs $145,000). However, after adjusting for cost of living (index 101 vs 124), Austin, TX provides better purchasing power ($110,891 vs $116,935 equivalent). Austin, TX has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.