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Operations Manager Salary in Richmond, VA

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

Median Salary
$105,840
per year in Richmond
Entry Level
$62,390
Starting salary
Senior Level
$144,834
Experienced professionals
Cost of Living
109
9% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$62,390$105,840$144,834
Monthly$5,199$8,820$12,070
Biweekly$2,400$4,071$5,571
Weekly$1,200$2,035$2,785
Hourly$30$51$70

Richmond vs National Average

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

Richmond Salary
$105,840
COL Index: 109
National Average
$126,300
COL Index: 100
Difference
-$20,460
Lower 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 Operations Manager

Overview

Oversee daily operations and ensure efficiency and productivity.

Education

Bachelor's degree in Business or related field

Key Skills

Operations ManagementProcess ImprovementBudget ManagementLeadership

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Operations Manager Salary

See Operations Manager salaries in other top cities.

New York, NY
$149,260
+41%
Los Angeles, CA
$127,610
+21%
Chicago, IL
$105,310
-1%
Houston, TX
$108,090
+2%
Phoenix, AZ
$94,130
-11%

Financial Tools to Explore

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Operations Manager Salary in Richmond, VA — Complete Guide

Median Salary Overview

The median salary for a operations manager in Richmond, VA is $105,840 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 operations manager professionals in Richmond can expect to earn around $62,390 annually. As professionals gain experience, salaries typically increase, with senior-level operations managers earning approximately $144,834 per year. This represents a 132% 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 $126,300, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a operations manager's salary in Richmond typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 17.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Operations Managers are in growing demand across the United States, with an expected job growth of 18% 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.