2026 Salary Data · Richmond, VA

VP of Product Salary in Richmond

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

$352K
Median Total Comp
-13%
vs National Avg
moderate
Cost of Living
200+
Product Roles

How Much Does a VP of Product Make in Richmond?

VPs of Product in Richmond earn a median total compensation of $352K, 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 $352K VP Product salary provides solid purchasing power relative to the national average.

$239K$539K
P25-P75 Median

AI Specialization Premium in Richmond

Standard VP Product
$352K
$274K - $461K
AI-Specialized VP Product
$415K
$323K - $544K

VPs of Product with AI/ML experience earn a 18% premium in Richmond. While Richmond's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

VP of Product Salary by Company Type in Richmond

FAANG / Big Tech
$458K
+30%
Pre-IPO Unicorn
$405K
+15%
Growth Startup (B/C)
$352K
Baseline
Enterprise / Fortune 500
$370K
+5%
Early Startup (Seed/A)
$299K
-15%
Agency / Consulting
$282K
-20%

Top Employers for VPs of Product 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
+19%
Director of Product
10-15 years
$322K
-9%
Staff Product Manager
8-12 years
$274K
-22%
AI Product Manager
3-7 years
$265K
-25%
Platform Product Manager
5-9 years
$239K
-32%
Technical Product Manager
4-8 years
$235K
-33%

VP of Product Salary in Other Cities

Washington DC, DC
high cost of living
$425K
+21%
Raleigh, NC
moderate cost of living
$373K
+6%
Charlotte, NC
moderate cost of living
$365K
+4%
Baltimore, MD
moderate cost of living
$365K
+4%
San Francisco, CA
very-high cost of living
$486K
+38%
San Jose, CA
very-high cost of living
$478K
+36%
New York City, NY
very-high cost of living
$466K
+32%

Frequently Asked Questions

How much does a VP of Product make in Richmond?+
The median total compensation for a VP of Product in Richmond is $352K, with the 25th to 75th percentile range spanning $274K to $461K. This is 13% below the national average of $405K.
What companies hire VPs of Product in Richmond?+
Top employers for VPs of Product 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 VPs of Product?+
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 VP of Product salary in Richmond compare to other cities?+
Richmond pays 13% below the national average for VPs of Product. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Washington DC, Raleigh, Charlotte, Baltimore.
Do VPs of Product in Richmond earn more with AI experience?+
Yes. The AI specialization premium for VPs of Product in Richmond is 18%, bringing the median from $352K to $415K. While Richmond's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.
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