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Marketing Manager Salary in Richmond, VA

How much does a marketing manager make in Richmond? Explore median, entry-level, and senior salaries adjusted for Richmond's cost of living.

Median Salary
$167,680
per year in Richmond
Entry Level
$99,011
Starting salary
Senior Level
$231,558
Experienced professionals
Cost of Living
109
9% above national avg

Salary Breakdown by Experience Level

See how marketing manager salaries break down across different pay periods in Richmond.

PeriodEntry LevelMedianSenior
Annual$99,011$167,680$231,558
Monthly$8,251$13,973$19,297
Biweekly$3,808$6,449$8,906
Weekly$1,904$3,225$4,453
Hourly$48$81$111

Richmond vs National Average

How Richmond's marketing manager salaries compare to national figures.

Richmond Salary
$167,680
COL Index: 109
National Average
$113,170
COL Index: 100
Difference
+$54,510
Higher in Richmond

Cost of Living in Richmond

1-Bedroom Rent
$1,550
per month
Median Income
$57,234
per year
Population
226,610
residents
Rent % of Income
32.5%
median household
Cost of Living Index: 109 — A score of 100 represents the U.S. average. Salaries in Richmond have been adjusted to account for local cost differences.

About Marketing Manager

Overview

Develop and execute marketing strategies to promote products and services.

Education

Bachelor's degree in Marketing or related field

Key Skills

Marketing StrategyCampaign ManagementMarket ResearchLeadership

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: Marketing Manager Salary

See Marketing Manager salaries in other top cities.

New York, NY
$175,560
+5%
Los Angeles, CA
$163,100
-3%
Chicago, IL
$158,800
-5%
Houston, TX
$144,420
-14%
Phoenix, AZ
$137,370
-18%

Financial Tools to Explore

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Marketing Manager Salary in Richmond, VA — Complete Guide

Median Salary Overview

The median salary for a marketing manager in Richmond, VA is $167,680 per year, adjusted for the local cost of living index of 109. This figure reflects typical earnings for experienced professionals in this role, considering Richmond's unique economic conditions.

Salary Range and Experience Levels

Entry-level marketing manager professionals in Richmond can expect to earn around $99,011 annually. As professionals gain experience, salaries typically increase, with senior-level marketing managers earning approximately $231,558 per year. This represents a 134% increase from entry to senior level.

Cost of Living Adjustment

Richmond's cost of living index of 109 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Richmond are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $113,170, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a marketing manager's salary in Richmond typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 11.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Marketing Managers are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Richmond, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.