GeraJobs / US Wage Premium / Richmond City, VA
Richmond City, Virginia — Wages & Employment (2023)
Ranked #85 of 3,141 US counties by the Gera Local Wage Premium US (110.2, US = 100) — computed from real BLS QCEW 2023 establishment data.
What is the average wage in Richmond City, VA?
Richmond City, VA has a GLWP-US of 110.2 (rank #85 of 3,141), above the US average. Average weekly wage: $1534 (~$79,768/year, US = $1392/wk). Its highest-concentration sector is Real Estate & Rental and Leasing (LQ 1.75x). Source: BLS QCEW 2023.
Gera Local Wage Premium US
Richmond City's wage premium vs US average (rank #85 of 3,141). Above the US average.
How this is calculated$1,534
Avg weekly wage (2023)
$79,768
Approx annual pay
110.2
GLWP-US (US = 100)
#85 / 3,141
National rank
160,471
Average employment
$1,392
US avg weekly wage
Richmond City vs US average — wage comparison
| Metric | Richmond City | US Average | Premium |
|---|---|---|---|
| Avg weekly wage | $1,534 | $1,392 | +$142 |
| Approx annual pay | $79,768 | $72,384 | +$7,384 |
| GLWP-US index | 110.2 | 100.0 | +10.2 |
Source: BLS QCEW 2023, all industries, all ownership types. Annual pay = weekly wage × 52 (derived). GLWP-US = (county wage / US $1392/wk) × 100.
Richmond City — top industries by employment concentration
Location Quotient (LQ) > 1.0 means the industry is more concentrated here than the US average. Private sector, BLS QCEW 2023.
| Industry (NAICS sector) | LQ | Avg Wk Wage (sector) |
|---|---|---|
| Real Estate & Rental and Leasing | 1.75x | $1,835 |
| Finance & Insurance | 1.44x | $2,823 |
| Educational Services | 1.23x | $1,332 |
| Other Services | 1.16x | $1,126 |
| Health Care & Social Assistance | 1.07x | $1,330 |
LQ = (county sector employment share) / (US sector employment share). Source: BLS QCEW 2023, agglvl_code=74, own_code=5 (private sector).
Richmond City — GLWP-US breakdown
GLWP-US
110.2
US = 100
National Rank
#85
of 3,141 counties
Wage Premium
+$142
vs US avg/wk
GLWP-US = 110.2 (rank #85 of 3,141, above the US average). Formula: ($1534/wk ÷ $1392/wk) × 100 = 110.2.
Explore US County Wage Premiums — Interactive
US average = $$1,392/wk (GLWP-US 100). Showing top 50 results.
| Rank | County | State | GLWP-US | Avg Wk Wage |
|---|---|---|---|---|
| #8 | Arlington County | VA | 163.0 | $2,269 |
| #10 | Goochland County | VA | 158.3 | $2,204 |
| #16 | Fairfax County | VA | 148.6 | $2,068 |
| #36 | Surry County | VA | 125.1 | $1,742 |
| #37 | King George County | VA | 124.9 | $1,739 |
| #41 | Alexandria City | VA | 122.6 | $1,706 |
| #78 | Manassas City | VA | 111.5 | $1,552 |
| #83 | Loudoun County | VA | 111.2 | $1,548 |
| #85 | Richmond City | VA | 110.2 | $1,534 |
| #87 | Falls Church City | VA | 109.8 | $1,529 |
| #95 | Isle of Wight County | VA | 107.8 | $1,500 |
| #165 | Fairfax City | VA | 98.7 | $1,374 |
| #187 | Albemarle County | VA | 96.9 | $1,349 |
| #191 | Norfolk City | VA | 96.8 | $1,347 |
| #210 | Dinwiddie County | VA | 95.5 | $1,330 |
| #222 | Charlottesville City | VA | 94.8 | $1,319 |
| #238 | Henrico County | VA | 93.7 | $1,304 |
| #254 | Portsmouth City | VA | 92.6 | $1,289 |
| #270 | Newport News City | VA | 91.8 | $1,278 |
| #287 | Stafford County | VA | 91.1 | $1,268 |
| #298 | Giles County | VA | 90.2 | $1,255 |
| #327 | Hopewell City | VA | 89.1 | $1,240 |
| #339 | Prince George County | VA | 88.7 | $1,235 |
| #374 | Fauquier County | VA | 86.9 | $1,210 |
| #406 | Buchanan County | VA | 85.6 | $1,192 |
| #409 | Prince William County | VA | 85.4 | $1,189 |
| #455 | Suffolk City | VA | 83.7 | $1,165 |
| #464 | Fredericksburg City | VA | 83.4 | $1,161 |
| #472 | Chesterfield County | VA | 83.3 | $1,159 |
| #485 | Salem City | VA | 83.0 | $1,156 |
| #501 | Roanoke City | VA | 82.7 | $1,151 |
| #511 | Hampton City | VA | 82.5 | $1,149 |
| #523 | Winchester City | VA | 82.3 | $1,145 |
| #587 | Frederick County | VA | 81.1 | $1,129 |
| #636 | Bland County | VA | 79.8 | $1,111 |
| #643 | Montgomery County | VA | 79.7 | $1,109 |
| #664 | Augusta County | VA | 79.2 | $1,103 |
| #688 | Fluvanna County | VA | 78.8 | $1,097 |
| #702 | Louisa County | VA | 78.4 | $1,092 |
| #720 | Charles City County | VA | 78.1 | $1,087 |
| #744 | Greensville County | VA | 77.8 | $1,083 |
| #745 | Chesapeake City | VA | 77.8 | $1,083 |
| #746 | Covington City | VA | 77.8 | $1,083 |
| #757 | King William County | VA | 77.6 | $1,080 |
| #764 | Lynchburg City | VA | 77.5 | $1,079 |
| #779 | Manassas Park City | VA | 77.3 | $1,076 |
| #857 | Campbell County | VA | 76.1 | $1,060 |
| #869 | Virginia Beach City | VA | 76.0 | $1,058 |
| #886 | Botetourt County | VA | 75.9 | $1,057 |
| #887 | Rockingham County | VA | 75.9 | $1,057 |
Source: BLS QCEW 2023 Annual Single File, US public domain. GLWP-US = (county avg weekly wage ÷ US avg $1,392/wk) × 100. Top sector LQ = employment location quotient (private sector). Computed by GeraJobs.
Richmond City wages — FAQ
- What is the GLWP-US score for Richmond City, VA?
- Richmond City, VA has a Gera Local Wage Premium US (GLWP-US) of 110.2 (US average = 100), ranking #85 of 3,141 US counties. This puts it above the US average. Source: BLS QCEW 2023.
- What is the average weekly wage in Richmond City, Virginia?
- The BLS QCEW 2023 data shows the annual average weekly wage in Richmond City, Virginia is $1534, equating to approximately $79,768/year. The US average is $1392/wk ($72,384/year). GLWP-US: 110.2 (US = 100).
- How many people are employed in Richmond City?
- In 2023, Richmond City, Virginia had an annual average employment of 160,471 workers covered by unemployment insurance, per the BLS Quarterly Census of Employment and Wages. This covers private-sector and government workers across all industries.
- What industries are most concentrated in Richmond City?
- Based on BLS QCEW 2023 employment Location Quotients, the most concentrated private-sector industries in Richmond City, Virginia are: Real Estate & Rental and Leasing (LQ 1.75x, avg $1835/wk); Finance & Insurance (LQ 1.44x, avg $2823/wk); Educational Services (LQ 1.23x, avg $1332/wk); Other Services (LQ 1.16x, avg $1126/wk); Health Care & Social Assistance (LQ 1.07x, avg $1330/wk). An LQ above 1.0 means the county has a higher share of that industry than the US overall.
- How does Richmond City's wage compare to Virginia overall?
- Richmond City has a GLWP-US of 110.2 vs the US average of 100. To see how Richmond City compares to other counties in Virginia, explore the full GeraJobs US Wage Premium rankings. The GLWP-US is computed from BLS QCEW 2023 establishment data covering all industries and ownership types.
How the Gera Local Wage Premium US is calculated
GLWP-US = (county avg weekly wage / US avg weekly wage) × 100. US average $1392/wk in 2023 → US = 100 by construction. Data: BLS QCEW 2023 annual singlefile, all industries, all ownership. Suppressed cells excluded. No imputation. Full methodology · Licence: US public domain.
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Other counties in Virginia by GLWP-US
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Source: U.S. Bureau of Labor Statistics, QCEW 2023 Annual Single File (data.bls.gov/cew/data/files/2023/csv/2023_annual_singlefile.zip). US public domain. Area title from BLS area_titles.csv. FIPS: 51760. No figure is modelled or estimated.