FinanceUpdated Q1 2025

Chief Financial Officer Salary
in Richmond, VA

Lead financial strategy, planning, and reporting for the entire organization. Median salary in Richmond: $255K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$255K
per year
Take-home: $165K

Salary range in Richmond

Entry level (25th)$179,000
Median (50th)$255,000
Senior (75th)$367,000
Top earner (90th)$530,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Richmond, Virginia.

Key facts for Richmond

Median salary
$255K
annual
Take-home pay
$165K
after fed/state tax
COL index
98
100 = US avg
State income tax
5.75%
annual
Avg 1BR rent
$1,350
per month
YoY growth
+3.5%
salary trend

Salary forecast: Richmond Chief Financial Officer to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $255K by 2030.

Salary trend & forecast — Richmond

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Chief Financial Officer salary trend 2019–2030PROJECTED →$214K$233K$252K$270K$289K201920212023202520272029
2026
$261K
projected
2027
$268K
projected
2028
$275K
projected
2029
$281K
projected
2030
$289K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$255,000+$0
2028 projected$255,000+$0
2029 projected$255,000+$0
2030 projected$255,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Chief Financial Officer Salary in Richmond, Virginia: Complete Guide (2026)

The median Chief Financial Officer salary in Richmond, VA is $255,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Richmond–VA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Chief Financial Officer in Richmond

Entry-level Chief Financial Officers in Richmond with 0–2 years of experience typically earn between $179,000 and $255,000 annually. Mid-career professionals with 3–7 years command $255,000 to $367,000, while senior-level practitioners with 8+ years of experience regularly earn $367,000 to $530,000 or more.

Cost of living in Richmond for Chief Financial Officers

Richmond has a cost of living index of 98 compared to the US national average of 100. This means your salary goes approximately 2% further in Richmond than the national average. Virginia has a 5.75% state income tax rate.

Education requirements for Chief Financial Officer

Bachelor's in Finance; MBA or CPA; 15+ years experience. 30% of these roles offer some remote flexibility.

Chief Financial Officer salary in nearby cities

CityMedian salaryCOL index
Richmond (current)$255K98
Virginia Beach98
Norfolk95
Chesapeake98
Newport News95
Arlington148