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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.

Source:BLS Quarterly Census of Employment and Wages (QCEW) 2023·As of Annual 2023 · updated annual · last refreshed

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
110.2 · US 100

$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

MetricRichmond CityUS AveragePremium
Avg weekly wage$1,534$1,392+$142
Approx annual pay$79,768$72,384+$7,384
GLWP-US index110.2100.0+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)LQAvg Wk Wage (sector)
Real Estate & Rental and Leasing1.75x$1,835
Finance & Insurance1.44x$2,823
Educational Services1.23x$1,332
Other Services1.16x$1,126
Health Care & Social Assistance1.07x$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.

RankCountyStateGLWP-USAvg Wk Wage
#8Arlington CountyVA163.0$2,269
#10Goochland CountyVA158.3$2,204
#16Fairfax CountyVA148.6$2,068
#36Surry CountyVA125.1$1,742
#37King George CountyVA124.9$1,739
#41Alexandria CityVA122.6$1,706
#78Manassas CityVA111.5$1,552
#83Loudoun CountyVA111.2$1,548
#85Richmond CityVA110.2$1,534
#87Falls Church CityVA109.8$1,529
#95Isle of Wight CountyVA107.8$1,500
#165Fairfax CityVA98.7$1,374
#187Albemarle CountyVA96.9$1,349
#191Norfolk CityVA96.8$1,347
#210Dinwiddie CountyVA95.5$1,330
#222Charlottesville CityVA94.8$1,319
#238Henrico CountyVA93.7$1,304
#254Portsmouth CityVA92.6$1,289
#270Newport News CityVA91.8$1,278
#287Stafford CountyVA91.1$1,268
#298Giles CountyVA90.2$1,255
#327Hopewell CityVA89.1$1,240
#339Prince George CountyVA88.7$1,235
#374Fauquier CountyVA86.9$1,210
#406Buchanan CountyVA85.6$1,192
#409Prince William CountyVA85.4$1,189
#455Suffolk CityVA83.7$1,165
#464Fredericksburg CityVA83.4$1,161
#472Chesterfield CountyVA83.3$1,159
#485Salem CityVA83.0$1,156
#501Roanoke CityVA82.7$1,151
#511Hampton CityVA82.5$1,149
#523Winchester CityVA82.3$1,145
#587Frederick CountyVA81.1$1,129
#636Bland CountyVA79.8$1,111
#643Montgomery CountyVA79.7$1,109
#664Augusta CountyVA79.2$1,103
#688Fluvanna CountyVA78.8$1,097
#702Louisa CountyVA78.4$1,092
#720Charles City CountyVA78.1$1,087
#744Greensville CountyVA77.8$1,083
#745Chesapeake CityVA77.8$1,083
#746Covington CityVA77.8$1,083
#757King William CountyVA77.6$1,080
#764Lynchburg CityVA77.5$1,079
#779Manassas Park CityVA77.3$1,076
#857Campbell CountyVA76.1$1,060
#869Virginia Beach CityVA76.0$1,058
#886Botetourt CountyVA75.9$1,057
#887Rockingham CountyVA75.9$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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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.

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