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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
#1Arlington CountyVA163.0$2,269
#2Goochland CountyVA158.3$2,204
#3Fairfax CountyVA148.6$2,068
#4Surry CountyVA125.1$1,742
#5King George CountyVA124.9$1,739
#6Alexandria CityVA122.6$1,706
#7Manassas CityVA111.5$1,552
#8Loudoun CountyVA111.2$1,548
#9Richmond CityVA110.2$1,534
#10Falls Church CityVA109.8$1,529
#11Isle of Wight CountyVA107.8$1,500
#12Fairfax CityVA98.7$1,374
#13Albemarle CountyVA96.9$1,349
#14Norfolk CityVA96.8$1,347
#15Dinwiddie CountyVA95.5$1,330
#16Charlottesville CityVA94.8$1,319
#17Henrico CountyVA93.7$1,304
#18Portsmouth CityVA92.6$1,289
#19Newport News CityVA91.8$1,278
#20Stafford CountyVA91.1$1,268
#21Giles CountyVA90.2$1,255
#22Hopewell CityVA89.1$1,240
#23Prince George CountyVA88.7$1,235
#24Fauquier CountyVA86.9$1,210
#25Buchanan CountyVA85.6$1,192
#26Prince William CountyVA85.4$1,189
#27Suffolk CityVA83.7$1,165
#28Fredericksburg CityVA83.4$1,161
#29Chesterfield CountyVA83.3$1,159
#30Salem CityVA83.0$1,156
#31Roanoke CityVA82.7$1,151
#32Hampton CityVA82.5$1,149
#33Winchester CityVA82.3$1,145
#34Frederick CountyVA81.1$1,129
#35Bland CountyVA79.8$1,111
#36Montgomery CountyVA79.7$1,109
#37Augusta CountyVA79.2$1,103
#38Fluvanna CountyVA78.8$1,097
#39Louisa CountyVA78.4$1,092
#40Charles City CountyVA78.1$1,087
#41Greensville CountyVA77.8$1,083
#42Chesapeake CityVA77.8$1,083
#43Covington CityVA77.8$1,083
#44King William CountyVA77.6$1,080
#45Lynchburg CityVA77.5$1,079
#46Manassas Park CityVA77.3$1,076
#47Campbell CountyVA76.1$1,060
#48Virginia Beach CityVA76.0$1,058
#49Botetourt CountyVA75.9$1,057
#50Rockingham 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.

This explorer covers Virginia counties. Explore every US county on the US Wage Premium hub.

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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