College Professor Salary in Richmond, VA
College Professors in Richmond, VA earn a median of $63,000/year, ranging from $48,510 (25th percentile) to $100,800 (90th percentile). After Virginia state taxes (5.75%) and cost-of-living adjustments (COL index 101), this is equivalent to $62,376 in purchasing power vs the US average.
On the ground in Richmond, VA
Notable employers include Virginia Commonwealth University, University of Richmond, Virginia Union, and Reynolds Community College. A one-bedroom in the Fan or Scott's Addition runs around $1,200 to $1,500 monthly, one of the more affordable academic markets on the East Coast. Richmond is mostly car-dependent and I-95 and I-64 are the commute spine; GRTC's Pulse BRT covers Broad Street reasonably. Virginia's progressive income tax tops near 5.75%. VCU's medical campus and arts school both punch above their weight - the arts and design programs particularly are nationally recognized, drawing creative-discipline faculty whose career trajectories often blend industry practice and academic appointments more fluidly than typical R1 norms permit.
1Salary Distribution in Richmond, VA
2Estimated Take-Home & Purchasing Power
* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.
How Does Richmond, VA Compare?
| City | Median | COL Index | COL-Adjusted |
|---|---|---|---|
| Richmond, VA (current) | $63,000 | 101 | $62,376 |
| San Francisco, CA | $96,000 | 186 | $51,613 |
| New York, NY | $92,000 | 187 | $49,198 |
| Seattle, WA | $94,000 | 162 | $58,025 |
| Boston, MA | $85,000 | 162 | $52,469 |
| Austin, TX | $77,000 | 124 | $62,097 |
4Frequently Asked Questions
What is the average College Professor salary in Richmond, VA?
The median College Professor salary in Richmond, VA is $63,000 per year as of 2026 BLS OEWS data. The 25th percentile is $48,510 and the 90th percentile is $100,800.
Is Richmond, VA a good place to work as a College Professor?
Richmond, VA has a cost of living index of 101 (US average = 100). After adjusting for cost of living, a $63,000 College Professor salary in Richmond, VA is equivalent to $62,376 in purchasing power compared to the US average.
What is the cost of living adjustment for Richmond, VA?
Richmond, VA has a cost of living index of 101, meaning it is 1% more expensive than the US average. The state income tax rate in Virginia is approximately 5.75%.
What is the College Professor salary range in Richmond, VA?
In Richmond, VA, College Professors earn between $48,510 (25th percentile) and $100,800 (90th percentile), with a median of $63,000 per year.
How many College Professor jobs are there in Richmond, VA?
According to BLS OEWS data, there are approximately 21,000 College Professor positions in the Richmond, VA metropolitan area.
What do College Professors earn in Richmond, VA?
Based on BLS OEWS 2026 data, College Professors in Richmond, VA earn a median annual wage of $63,000. The middle 50% earn between $48,510 and $80,640. The top 10% earn more than $100,800. There are approximately 21,000 College Professors employed in the Richmond, VA metro area, with annual job growth estimated at 4.3%.
Is Richmond, VA a good place for a College Professor?
Richmond, VA has a cost of living index of 101 (US average = 100), making it 1% more expensive than the national average. After adjusting for cost of living, a College Professor in Richmond, VA earning $63,000has the equivalent purchasing power of $62,376 relative to the US median. Virginia has a state income tax rate of approximately 5.75%.
What is the cost of living adjustment for Richmond, VA?
Richmond, VA's cost of living index is 101, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $63,000 in Richmond, VAhas the same purchasing power as $62,376 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.
Compare Richmond, VA with Another City
See a detailed side-by-side comparison of salary, taxes, and purchasing power.
5Should You Work as a College Professor in Richmond, VA?
The headline median of $63,000 is only part of the picture. Richmond, VA's cost of living index is 101 (US average = 100), meaning a dollar here buys roughly 99¢ of what it buys in an average US city. The $63,000 salary effectively purchases $62,376 worth of goods and services at national-average prices.
Housing is the single biggest driver of cost-of-living differences between metros. In Richmond, VA, housing costs fall closer to the national average of 25–30% of gross income, leaving more room in the budget for savings, transportation, and discretionary spending. For a $63,000 salary, that translates to roughly $17,640/year on housing alone.
State tax plays a meaningful but smaller role. Virginia levies a state income tax of approximately 5.75%, which reduces take-home by roughly $3,623 per year on this salary. States with zero income tax (Texas, Florida, Washington, Tennessee, Nevada) offer a structural advantage, but often offset it with higher sales tax or property tax. After state tax and approximate federal FICA (~7.6%), the estimated take-home is $54,865. This excludes federal income tax, which varies by filing status and deductions.
For comparison, here are nearby alternatives: San Francisco, CA ($96,000 median, COL 186); New York, NY ($92,000 median, COL 187); Seattle, WA ($94,000 median, COL 162). If you're optimizing for purchasing power, compare the COL-adjusted column in the table above and pick the highest number. If you're optimizing for career progression, weight total employment and yearly growth in the role — larger markets offer more lateral moves and promotion velocity, even when nominal pay is lower.
The 4.3% year-over-year growth rate for College Professors in Richmond, VA is a leading indicator of market health. Healthy growth at a steady pace — enough to support mobility but not so fast that compensation is racing ahead of credentials. For side-by-side comparisons, try the full city ranking for College Professors or the Virginia state overview.
Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.