2026 Salary Data · Richmond, VA

Product Manager Salary in Richmond

How much does a Product Manager make in Richmond? Salary data, top employers, and career insights for Product Managers in the Richmond area.

$161K
Median Total Comp
-13%
vs National Avg
moderate
Cost of Living
200+
Product Roles

How Much Does a Product Manager Make in Richmond?

Product Managers in Richmond earn a median total compensation of $161K, 13% below the national average. Richmond offers a balance of competitive salaries and manageable cost of living (index: 100). The moderate job market features approximately 200+ open product roles, with strength in Fintech and E-commerce / Marketplace.

Richmond's cost-of-living index is 100 (vs 100 national average), placing it in the moderate range. A $161K PM salary provides solid purchasing power relative to the national average.

$117K$218K
P25-P75 Median

AI Specialization Premium in Richmond

Standard PM
$161K
$135K - $200K
AI-Specialized PM
$196K
$165K - $244K

Product Managers with AI/ML experience earn a 22% premium in Richmond. While Richmond's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

Product Manager Salary by Company Type in Richmond

FAANG / Big Tech
$209K
+30%
Pre-IPO Unicorn
$185K
+15%
Growth Startup (B/C)
$161K
Baseline
Enterprise / Fortune 500
$169K
+5%
Early Startup (Seed/A)
$137K
-15%
Agency / Consulting
$129K
-20%

Top Employers for Product Managers in Richmond

Capital OneCarMaxCoStar GroupMarkelAltriaWillowTree

Richmond has a small but growing tech scene, anchored by Capital One's tech hub. The city offers low cost of living with proximity to DC. WillowTree (a digital product agency) has brought product-focused culture to the area.

FintechE-commerce / MarketplaceB2B SaaS (General)

Other Product Roles in Richmond

Chief Product Officer
15+ years
$418K
+160%
VP of Product
12+ years
$352K
+119%
Director of Product
10-15 years
$322K
+100%
Staff Product Manager
8-12 years
$274K
+70%
AI Product Manager
3-7 years
$265K
+65%
Platform Product Manager
5-9 years
$239K
+48%

Product Manager Salary in Other Cities

Washington DC, DC
high cost of living
$194K
+20%
Raleigh, NC
moderate cost of living
$170K
+6%
Charlotte, NC
moderate cost of living
$167K
+4%
Baltimore, MD
moderate cost of living
$167K
+4%
San Francisco, CA
very-high cost of living
$222K
+38%
San Jose, CA
very-high cost of living
$218K
+35%
New York City, NY
very-high cost of living
$213K
+32%

Frequently Asked Questions

How much does a Product Manager make in Richmond?+
The median total compensation for a Product Manager in Richmond is $161K, with the 25th to 75th percentile range spanning $135K to $200K. This is 13% below the national average of $185K.
What companies hire Product Managers in Richmond?+
Top employers for Product Managers in Richmond include Capital One, CarMax, CoStar Group, Markel, Altria. Richmond has a small but growing tech scene, anchored by Capital One's tech hub.
Is Richmond a good city for Product Managers?+
Richmond has a moderate product job market with approximately 200+ open product roles. The cost of living is moderate. Strong industries include Fintech, E-commerce / Marketplace, B2B SaaS (General).
How does Product Manager salary in Richmond compare to other cities?+
Richmond pays 13% below the national average for Product Managers. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Washington DC, Raleigh, Charlotte, Baltimore.
Do Product Managers in Richmond earn more with AI experience?+
Yes. The AI specialization premium for Product Managers in Richmond is 22%, bringing the median from $161K to $196K. While Richmond's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.
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