Richmond, VA · BLS OEWS & BEA Regional Data

Project Management Specialist Salary in Richmond, VA

In the Richmond, VA metropolitan area, project management specialists earned a median annual wage of $117,000 ($56.25/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $65,800/year and the 90th was $174,200/year; these percentiles do not measure years of experience. Applying 2026 federal and Virginia tax rules to the survey median leaves an estimated $85,226 in take-home pay. The metro price index is 97.9 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$117,000$56.25 per hour · $9,750 monthly
10th Percentile$65,800$31.63/hr base
25th Percentile$82,800$39.81/hr base
75th Percentile$153,000$73.56/hr base
90th Percentile$174,200$83.75/hr base

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Take-Home Pay Explorer

$117,000
$45,000$235,000
Filing status:
Gross salary breakdown$117,000
Net 73%
Fed 14%
VA 5%
FICA 8%
Annual take-home$85,226After all taxes
Monthly deposit$7,102Estimated per month
Biweekly paycheck$3,278Every 2 weeks (26/yr)
Effective tax rate27.2%Total tax burden
Federal income tax$16,910 / yr
Virginia state income tax$5,913 / yr
FICA (Social Security & Medicare)$8,951 / yr

Project Management Specialists Wage Percentiles in Richmond, VA

Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.

Wage Distribution for Project Management Specialists in the Richmond, VA Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (VA)
10th Percentile$31.63/hr$5,483$65,800$52,081
25th Percentile$39.81/hr$6,900$82,800$63,133
Median (50th Percentile)Metro Benchmark$56.25/hr$9,750$117,000$85,226
75th Percentile$73.56/hr$12,750$153,000$107,858
90th Percentile$83.75/hr$14,517$174,200$121,129

Cost of Living & Purchasing Power in Richmond, VA

A dollar does not buy the same basket of goods everywhere. Compare how $$117,000 measures up against local economic conditions:

Metro Median Household Income$86,679Census Bureau ACS
BEA Price Parity Index97.92.1% below national average
Individual vs Household Ratio135%of area median income

Compare project management specialists salaries statewide and examine overall earnings in Virginia:

Frequently Asked Questions About Project Management Specialists Pay in Richmond, VA

What is the median salary for project management specialists in Richmond, VA?

The official BLS median annual wage for project management specialists in Richmond, VA is $117,000, which equates to approximately $9,750 per month or $56.25 per hour for a 2,080-hour work year.

What is the hourly pay for project management specialists in Richmond, VA?

The median hourly wage for project management specialists in Richmond, VA is $56.25 per hour based on the BLS survey. One in ten earned less than $31.63/hour and one in ten earned more than $83.75/hour.

What is the pay range for project management specialists in Richmond, VA?

BLS wage estimates for project management specialists in Richmond, VA span from $65,800 at the 10th percentile to $82,800 at the 25th, $153,000 at the 75th, and $174,200 at the 90th. These are wage distribution points, not experience levels.

How much do project management specialists take home after taxes in Richmond, VA?

On a median gross salary of $117,000, an estimated $85,226 lands in net take-home pay per year ($3,278 biweekly) for a single filer claiming the standard deduction in Virginia in 2026. Total tax withholding equals $31,774 (an effective rate of 27.2%).

How much do project management specialists make per month in Richmond, VA?

On the median annual salary of $117,000, gross monthly income is $9,750. After federal, FICA, and Virginia state income taxes, estimated net take-home pay is $7,102 per month (or $3,278 every two weeks).

Is $117,000 a good salary in Richmond, VA?

At $117,000, the median salary for project management specialists is 135% of the Richmond, VA median household income ($86,679). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 97.9, making regional consumer goods and services 2.1% cheaper than the U.S. average.