Product Manager Salary in Richmond, Virginia (2026)
Median base salary of $129,000/year for Product Manager professionals in Richmond. Full breakdown by experience level, take-home estimates, and market context.
Median Salary
$129,000
per year
Hourly Rate
$62/hr
40 hrs/wk
Monthly Pay
$10,750
before taxes
Est. Take-Home
$80,754
after taxes/yr
Product Manager Salary by Experience — Richmond
| Level | Annual | Monthly | Hourly | Est. Take-Home |
|---|---|---|---|---|
| Entry (0–2 yrs) | $86,000 | $7,167 | $41/hr | $55,556 |
| 25th Percentile | $101,000 | $8,417 | $49/hr | $63,226 |
| Median | $129,000 | $10,750 | $62/hr | $80,754 |
| 75th Percentile | $166,000 | $13,833 | $80/hr | $103,916 |
| Senior (8+ yrs) | $191,000 | $15,917 | $92/hr | $104,286 |
City salary estimated from Virginia median with a -8% Richmond market adjustment. Take-home after federal, FICA, and Virginia state taxes (5.8%).
Richmond vs. Virginia Statewide
Richmond Median
$129,000
City-level estimate
Virginia Statewide
$140,000
State median baseline
Product Manager professionals in Richmond earn approximately 8% less than the Virginia statewide median, reflecting Richmond's lower cost of living and local demand for tech talent.
Cost of Living in Richmond
Cost of Living Index
118
100 = US average
Median 1BR Rent
$1,400/mo
city median
Annual Rent Burden
$16,800
per year
Rent as % of Salary
13%
of median salary
Richmond's cost of living index of 118 means it is 18% more expensive than the US average. At the median Product Manager salary of $129,000, housing costs represent approximately 13% of gross income — within the recommended 30% guideline.
Top Product Manager Employers in Richmond
Companies actively hiring Product Manager professionals in the Richmond area.
Richmond's fintech and financial services market is growing rapidly, led by Capital One's massive tech campus and a stream of startup activity.
Product Manager Job Market in Richmond
Richmond is one of Virginia's major market for Product Manager professionals, with a population of approximately 230K and a growing technology sector. The median base salary of $129,000/year reflects both local demand for Roadmapping and Data Analysis expertise, and the city's cost of living index of 118 relative to the national average of 100.
At the entry level, a Product Manager in Richmond can expect to earn approximately $86,000/year. Senior professionals with 8+ years of experience typically command $191,000/year or more, particularly at larger technology companies or those with in-demand specializations in Agile.
Total compensation — including equity, annual bonuses, and benefits — often adds 20–50% above base salary for Product Manager roles at growth-stage companies. When evaluating an offer in Richmond, always ask about the full compensation package, not just base salary.
Product Manager Salaries in Other Virginia Cities
Related Roles in Richmond
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Editorial Standards & Data Methodology
Data Sources
Salary ranges on CareerOS are derived from multiple independent sources:
- •U.S. Bureau of Labor Statistics (BLS)
- •LinkedIn Salary Insights
- •Glassdoor Compensation Reports
- •Levels.fyi (tech roles)
- •Indeed Salary Data
Our Methodology
Salary figures represent base compensation only and exclude equity, bonuses, and benefits. Ranges show the 25th–75th percentile for full-time employees in each location. Data is weighted toward recent postings (last 12 months). Take-home estimates apply federal income tax, FICA (7.65%), and applicable state taxes.
Editorial Process
All pages are reviewed for accuracy before publication and updated quarterly. We cross-reference data across sources before publishing any salary range.
Last Updated: May 2026
Review Cycle: Quarterly
Disclaimer: For informational purposes only. Actual compensation varies.