Software Developer Salary: Richmond, VA vs Austin, TX
Side-by-side comparison of wages and local price levels for Software Developers in Richmond, VA and Austin, TX, based on BLS OEWS May 2025 wage data and BEA regional price parities for 2024.
1Which City Pays More?
Detailed Comparison
| Metric | Richmond, VA | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $132,120 | $134,120▲ | -$2,000 |
| 25th Percentile | $107,430▲ | $104,000 | +$3,430 |
| 75th Percentile | $165,690 | $168,730▲ | -$3,040 |
| 90th Percentile | $208,990 | $209,890▲ | -$900 |
| Price Level (BEA 2024, US = 100) | 97.9 | 98.1 | -0.2 |
| Median at National-Average Prices | $135,012 | $136,765▲ | -$1,753 |
| Total Employment | 7,680 | 31,960 | -24,280 |
3Summary Analysis
On paper, Austin, TX pays $2,000 more (median: $132,120 vs $134,120). BEA's regional price parity is 97.9 in Richmond, VA and 98.1 in Austin, TX (United States = 100). At national-average prices the medians are $135,012 and $136,765, so Austin, TX comes out ahead once local prices are counted.
4More Software Developer City Comparisons
5Reading This Comparison
The $2,000 gap between the two medians is a gap in dollars, not in what those dollars buy. Dividing each median by its area's regional price parity restates it at national-average prices: $135,012 for Richmond and $136,765 for Austin, a difference of $1,753.
The price levels come from the U.S. Bureau of Economic Analysis, which describes them this way: “Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level.” The figures used here are the all-items index for each whole metropolitan area (Richmond, VA; Austin-Round Rock-San Marcos, TX) and cover prices only, not taxes.
BLS estimates 7,680 Software Developer jobs in the Richmond area and 31,960 in the Austin area. For broader context, see our Virginia overview and the full Software Developer city ranking.
Frequently Asked Questions
Is Software Developer salary higher in Richmond, VA or Austin, TX?
Austin, TX has the higher median wage for Software Developers ($134,120 per year, against $132,120 in Richmond, VA; BLS OEWS May 2025). Restated at national-average prices using BEA regional price parities, the medians are $135,012 in Richmond, VA and $136,765 in Austin, TX.
How do prices compare between Richmond, VA and Austin, TX?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 97.9 for the Richmond, VA metropolitan area and 98.1 for the Austin-Round Rock-San Marcos, TX metropolitan area, where the United States is 100. That is 2.1% below the national level for Richmond, VA and 1.9% below the national level for Austin, TX.
Which city pays Software Developers more once local prices are counted?
Austin, TX: at national-average prices its median Software Developer wage is $136,765, against $135,012 for Richmond, VA. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.