General Manager Salary in Richmond, VA: $98,565 (2024)
Official 2024 BLS Data | $47.39/hour | $61,880 - $146,858 range
Median Annual Salary
$98,565
Hourly Rate
$47.39
/hour
Jobs in Area
2,023
employed
Compare to Other Cities
See All →Richmond, VA
$98,565
San Jose, CA
$142,165
in San Jose, CA
General Manager Salary Range in Richmond, VA
Annual Salary Range
$62k
10th percentile
$82k
25th
$120k
75th
$147k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $61,880 | $29.75 |
| 25th Percentile | $82,386 | $39.61 |
| Median (50th Percentile) | $98,565 | $47.39 |
| 75th Percentile | $119,678 | $57.54 |
| 90th Percentile (Top Earners) | $146,858 | $70.60 |
| Average (Mean) | $105,145 | $50.55 |
General Manager Market Insights for Richmond, VA
Compensation Overview
General Manager compensation in Richmond, VA aligns with regional expectations. The salary range from $61,880 to $146,858 provides a clear picture of earning potential at different career stages.
Local Market Context
Richmond, VA offers competitive compensation that aligns closely with national benchmarks. The Virginia economy supports a diverse range of industries, providing stable employment opportunities across multiple sectors.
Career Outlook
The General Manager profession offers diverse career opportunities across industries. Professional development and continuous learning are key factors in advancing within this field. With a 137% salary range from entry-level to top earners, there is substantial room for financial growth as you advance in your career.
Tips for Increasing Your Salary
- •Develop specialized expertise to command higher compensation—top earners make 49% more than median salaries
- •Build a professional network through industry associations and local business groups
- •Pursue relevant certifications or advanced education to demonstrate expertise
-3%
vs National Avg
-10%
vs State Avg
137%
Salary Range
2,023
Jobs in Area
Career Path & Salary Progression
Typical General Manager salary growth in Richmond, VA based on experience level.
Entry Level
0-2 years10th percentile
$61,880
/year
Early Career
2-5 years25th percentile
$82,386
/year
Mid Career
5-10 years50th percentile
$98,565
/year
Senior
10-15 years75th percentile
$119,678
/year
Expert
15+ years90th percentile
$146,858
/year
Note: Career progression and salary growth vary based on company size, industry, skills, and performance. These estimates use percentile data from the BLS as a general guide for typical career paths.
General Manager Job Market in Richmond, VA
Where General Managers Work
General Managers work across multiple industries including corporations, government agencies, healthcare organizations, and consulting firms. Each sector offers different compensation structures and career trajectories.
Local Employment Landscape
The Richmond, VA area maintains a healthy employment base for this occupation, with opportunities distributed across multiple employers. This provides job stability and career mobility without the intense competition found in major metros.
Types of Employers Hiring
Large Corporations
Typically offer comprehensive benefits, structured advancement, and competitive base salaries with bonus potential
Small to Medium Businesses
May provide more responsibility earlier in your career, flexible work arrangements, and equity opportunities
Government Agencies
Known for job security, excellent benefits packages, pension plans, and work-life balance
Professional Services Firms
Provide client exposure, rapid skill development, and often above-market compensation for top performers
Skills That Increase Earning Potential
Job Search Strategy for Richmond, VA
- •Research major employers in the Richmond area and follow them on LinkedIn for job alerts
- •Join local professional associations for networking and job leads specific to Virginia
- •Tailor your salary expectations based on the Richmond, VA market rate of $98,565
- •Consider roles at varying experience levels—entry positions start at $61,880 in this market
General Manager Career Overview in Richmond, VA
The job market for General Managers in Richmond, VA is healthy, with approximately 2,023 professionals employed across the metropolitan area. This represents a growing presence of General Manager positions, reflecting the region's economic base and employer diversity in Richmond, VA. Compensation aligns closely with national benchmarks, indicating a balanced supply-demand dynamic in this market.
Richmond, VA's diverse economy supports business & finance roles across multiple sectors including healthcare, education, government, technology, manufacturing, and professional services. Major employers in Virginia range from large corporations and hospital systems to mid-size regional firms and growing startups. This employer diversity provides career stability and mobility, as professionals can advance their careers without necessarily relocating. The mix of public and private sector opportunities also creates varied compensation structures, with some employers offering lower base salaries but stronger benefits and job security.
The growth outlook for General Manager positions in Richmond, VA is projected to remain stable with opportunities tied to local economic growth and industry trends. With 2,023 current positions and a median salary of $98,565, the market provides a solid foundation for career development. Professionals who invest in continuing education and stay current with industry developments position themselves for both job security and upward salary mobility. The combination of Richmond, VA's economic trajectory and broader industry trends suggests that qualified General Managers will continue to find opportunities in this market over the coming years.
Richmond, VA offers a balanced proposition for General Managers. The cost of living index of 98.2 sits near the national average, meaning the median salary of $98,565 translates to real purchasing power that closely matches the nominal figure. This makes salary comparisons with other similarly-priced metros straightforward. General Managers evaluating Richmond, VA against peer cities should focus on factors beyond raw salary numbers, including career growth opportunities, industry specialization, commute quality, and lifestyle fit.
The Business & Finance field in Richmond, VA benefits from the region's broader economic ecosystem. Local industry associations, professional networking groups, and continuing education opportunities through area universities and community colleges help General Managers stay connected and advance their careers. Virginia's business incentive programs and workforce development initiatives also play a role in attracting employers and creating positions. For General Managers early in their career, Richmond, VA offers the chance to build a professional network in a market where individual contributions are often more visible than in the largest metros, potentially accelerating career progression.
General Manager Compensation Deep Dive in Richmond, VA
The salary range for General Managers in Richmond, VA spans from $61,880 at the entry level (10th percentile) to $146,858 for top earners (90th percentile), a spread of $84,978. This 137% differential reflects the significant impact that experience, specialization, credentials, and employer type have on compensation in this field. The median salary of $98,565 sits at the midpoint of the market, representing what a General Manager with moderate experience and standard qualifications can expect. The 25th percentile ($82,386) typically corresponds to early-career professionals with 1-3 years of experience, while the 75th percentile ($119,678) reflects seasoned professionals with specialized skills or management responsibilities.
Base salary tells only part of the compensation story for General Managers in Richmond, VA. Total compensation packages commonly include health insurance (valued at $6,000-$15,000 annually for employer contributions), retirement plan matching (typically 3-6% of salary, worth $3,943 per year at the median), paid time off (averaging 15-20 days), and in some cases performance bonuses, stock options, or professional development allowances. When evaluating job offers, General Managers should request a total compensation breakdown. A position paying $82,386 with strong benefits may deliver more value than one paying $98,565 with minimal perks.
Cost of living directly impacts how far a General Manager's salary goes in Richmond, VA. With a local cost-of-living index of 98.2 (where 100 equals the national average), the median salary of $98,565 provides purchasing power equivalent to approximately $100,372 in an average-cost U.S. city. This balanced cost environment means the salary figure closely reflects actual purchasing power, simplifying financial planning and comparisons with other mid-range markets.
Negotiating General Manager compensation in Richmond, VA requires market awareness. The gap between the 25th and 75th percentiles ($82,386 to $119,678) represents the most common negotiation range. Candidates with in-demand certifications, niche expertise, or competing offers have the strongest leverage. In this market, salaries track national norms, and well-prepared candidates can typically move offers 5-10% above the initial number. Asking for a salary review after 6-12 months, signing bonuses, or additional PTO are effective alternatives when base salary flexibility is limited. On an hourly basis, General Managers in this market earn between $30 and $71 per hour, with the median at $47.
General Manager Career Path & Growth in Richmond, VA
The career trajectory for General Managers in Richmond, VA shows significant earning potential over time. Entry-level professionals start around $61,880, while top earners reach $146,858, representing a 2.4x increase from start to peak. This progression typically unfolds over 10-20 years and is driven by accumulating expertise, taking on leadership responsibilities, developing specializations, and building a professional reputation. In Richmond, VA's business & finance market, professionals who demonstrate consistent performance improvements and take on increasingly complex projects advance most quickly. Mid-career transitions into management, consulting, or entrepreneurship can also accelerate earnings beyond the standard progression curve.
General Managers in Richmond, VA who are exploring career pivots or complementary roles should consider positions such as related professionals in the same field, supervisory roles, and cross-functional positions. These adjacent occupations often share transferable skills and can offer different compensation structures, work environments, or growth trajectories. In Richmond, VA's job market, professionals who develop cross-functional capabilities spanning multiple related roles tend to be more resilient to market shifts and better positioned for leadership opportunities. Lateral moves can also provide valuable perspective that strengthens a professional's long-term career trajectory.
The skills most in demand for General Managers in Richmond, VA include industry-specific technical competencies, communication and collaboration skills, analytical thinking, and adaptability to new tools and processes. Employers in Richmond, VA value professionals who combine deep subject-matter expertise with the ability to work effectively across teams and adapt to evolving industry requirements. Pursuing relevant professional certifications can provide a measurable salary boost of 5-15% and signal commitment to the field. Continuous learning through industry conferences, online courses, and professional associations helps General Managers stay competitive in Richmond, VA's evolving job market.
More Questions About General Manager Salaries in Richmond, VA
What is the starting salary for a General Manager in Richmond, VA?
Entry-level General Managers in Richmond, VA (10th percentile) earn approximately $61,880 per year, or about $5,157 per month. The 25th percentile, representing early-career professionals with some experience, earns $82,386. These figures reflect base salary only; new hires may also receive benefits worth an additional 20-30% of base pay. Building specialized skills and pursuing relevant certifications are the fastest paths to moving beyond entry-level compensation.
How much do experienced General Managers make in Richmond, VA?
Experienced General Managers at the 75th percentile earn $119,678 annually in Richmond, VA, while top earners at the 90th percentile make $146,858. The jump from median ($98,565) to 75th percentile represents a 21% increase, typically achieved through 5-10 years of experience, management responsibilities, or specialized expertise. Senior professionals who combine technical depth with leadership skills are best positioned for top-tier compensation.
Is Richmond, VA a good city for General Managers?
Richmond, VA offers competitive compensation that closely tracks national averages. With 2,023 General Manager positions in the metro area, there are solid opportunities across several major employers. Quality of life, industry presence, and long-term career trajectory should all factor into your evaluation alongside salary data.
How does General Manager pay in Richmond, VA compare to the national average?
The median General Manager salary in Richmond, VA is $98,565, which is 3% lower than the national median of $101,280. After adjusting for cost of living, the effective purchasing power is $100,372, which provides a more accurate comparison. Within Virginia, Richmond, VA ranks below some peer metros for this occupation.
What benefits do General Managers typically receive in Richmond, VA?
Beyond base salary, General Managers in Richmond, VA typically receive health insurance (medical, dental, vision), retirement contributions (401k matching of 3-6%), paid time off (15-25 days annually), and sometimes performance bonuses or profit sharing. The total value of benefits often adds 25-35% on top of base salary, meaning a General Manager earning the median of $98,565 may receive total compensation of $128,135 or more. Some employers also offer tuition reimbursement, professional development budgets, flexible work arrangements, and wellness programs.
What skills are most in demand for General Managers in Richmond, VA?
General Managers in Richmond, VA who command the highest salaries typically combine core technical competencies with strong communication skills, analytical thinking, adaptability, and a commitment to professional development. Employers in this market particularly value professionals who can demonstrate measurable impact, whether through revenue generation, cost savings, process improvements, or team leadership. Certifications relevant to the Business & Finance field can increase earning potential by 5-15%. Staying current with industry trends and emerging technologies is essential for career advancement and salary growth.
Frequently Asked Questions
The median general manager salary in Richmond, VA is $98,565 per year ($47.39/hour) as of 2026. This is based on official U.S. Bureau of Labor Statistics data. Salaries range from $61,880 for entry-level positions to $146,858 for experienced professionals in the top 10%.
Entry-level general managers in Richmond, VA typically start at around $61,880 per year ($29.75/hour), representing the 10th percentile. New graduates and those with less than 2 years of experience fall into this range. With experience and skill development, salaries can progress to the median of $98,565 within 3-5 years.
General Managers in Richmond, VA earn a median hourly wage of $47.39 per hour. Hourly rates range from $29.75/hour at entry-level (10th percentile) to $70.60/hour for top earners (90th percentile). Based on a standard 2,080-hour work year, this translates to annual salaries between $61,880 and $146,858.
The median general manager salary of $98,565 in Richmond, VA is slightly below the national median of $101,280 (2.7% lower). The cost of living is also 2% below average. This salary places you at the 50th percentile, meaning half of general managers in the area earn more and half earn less.
General Managers in Richmond, VA earn slightly below the national average. The local median salary of $98,565 is 2.7% lower than the national median of $101,280. The cost of living is also 2% below average. When adjusted for cost of living, the effective salary is approximately $100,372.
The top 10% of general managers in Richmond, VA earn $146,858 or more per year ($70.60/hour). These top earners typically have 10+ years of experience, advanced certifications, specialized expertise, or hold senior/management positions. The 75th percentile earns $119,678, which is a realistic goal for mid-career professionals.
Key skills that can boost general manager salary in Richmond, VA include: Strong communication and interpersonal abilities, Problem-solving and critical thinking, Technical proficiency relevant to the field, Attention to detail and organizational skills. Professionals with these skills often earn above the median of $98,565, potentially reaching the 75th percentile ($119,678) or higher. Years of relevant experience
Richmond, VA has a healthy job market for general managers, with approximately 2,023 professionals employed in the area. The median salary of $98,565 is slightly below the national average. The cost of living is also 2% below average. Job seekers should consider both salary and local industry demand when evaluating opportunities.
Compare your general manager salary to these Richmond, VA benchmarks: 10th percentile (entry-level): $61,880, 25th percentile: $82,386, 50th percentile (median): $98,565, 75th percentile: $119,678, 90th percentile (top earners): $146,858. If you earn more than $98,565, you're above average for the area.
Beyond the $98,565 median base salary, general managers in Richmond, VA typically receive comprehensive benefits including health insurance (medical, dental, vision), retirement plans (401k with employer matching), paid time off (15-25 days), and potentially bonuses or profit-sharing. Total compensation including benefits typically adds 25-40% to base salary value.
Experienced general managers with 5-10 years in Richmond, VA typically earn $119,678 (75th percentile) to $146,858 (90th percentile) per year. Senior professionals with 10+ years, certifications, or management roles can reach the top 10% at $146,858. Mid-career professionals (3-5 years) usually earn around the median of $98,565.
General Managers in Richmond, VA can see significant salary growth over their careers. Entry-level ($61,880) to median ($98,565) typically takes 3-5 years. Reaching the 90th percentile ($146,858) may take 10+ years and often requires specialized skills, certifications, or leadership experience. That's a potential growth of $84,978 over a career.
Data Source & Methodology
Official government statistics you can trust
U.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics (OEWS) Program
Visit Official BLS WebsiteData Year
2024
2 Years Old
Geographic Area
Richmond
Metropolitan Statistical Area
Occupation Code
11-1021
SOC Classification
Sample Size
2,023
Employees Surveyed
How This Data Is Collected
The OEWS program produces employment and wage estimates annually for over 800 occupations across all metropolitan and nonmetropolitan areas. Approximately 1.1 million establishments are surveyed over a three-year period, representing the most comprehensive wage data available for the U.S. labor market.
Note: Percentile wages represent actual reported wages and may differ from individual compensation packages that include benefits, bonuses, and equity.
Last updated: January 23, 2026
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General Manager in Richmond, VA
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Median: $98,565/yr
How Richmond, VA Compares
vs National Average
$101,280
vs Virginia Average
$109,351
Cost-of-Living Adjusted
$100,372
Cost of living in Richmond, VA is 1.8% below the national average.
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