Quick answer:Accountants and Auditors in the Richmond area earn a median $84,220 per year, above the national median of $83,680, and the metro employs about 7,920 of them (BLS OEWS, May 2025).
Accounting Pay in Richmond, VA
Metric
Richmond metro
Virginia
National
Median annual wage
$84,220
$93,290
$83,680
10th percentile
$59,290
$60,000
$56,020
25th percentile
$68,790
$74,250
$67,020
75th percentile
$107,000
$123,510
$109,810
90th percentile
$134,290
$156,730
$144,090
Employment
7,920
47,100
1,449,500
Location quotient
1.29
-
1.00
Source: BLS OEWS, May 2025. Metro figures cover the Richmond, VA metropolitan statistical area.
What the Numbers Say About This Market
The Richmond median of $84,220 is above the national median of $83,680, and below the Virginia statewide median of $93,290 (BLS OEWS, May 2025).
The metro’s location quotient of 1.29 means accountants and auditors are more concentrated here than in the average U.S. labor market (BLS OEWS, May 2025). Higher concentration generally means more employers competing for the same people, and an easier job change later.
Accounting employment follows the local concentration of corporate headquarters, public accounting firms and government offices.
Licensing is a state matter, not a city one. Accounting work does not require a license, but the CPA credential does: it is issued by a state board of accountancy, and the Uniform CPA Examination is administered through AICPA and NASBA. The education requirement commonly exceeds what a bachelor’s degree alone provides, and the exact rule is set by each state board and has been changing. Business programs may be accredited by AACSB, ACBSP or IACBE.
See the Virginia licensing and pay overview for the statewide picture, and confirm current requirements with your state board of accountancy.
Schools Near You
Schools in our database near this area, ranked by BOC Score. The list favors schools with a related program on record, but program availability and delivery format change, so confirm directly with any school that it currently offers the program you want.
How We Rank Schools
We first gather the schools closest to the city or state page you are viewing, then rank that
local group by BOC Score, with the highest at the top. The BOC Score is computed from federal
IPEDS and College Scorecard data; schools without enough data to score appear last.
LOCAL RANK
Location / proximity to this page
Defines the local group
Graduation rate
30%
Median earnings, 10 years after entry
25%
Average net price (lower is better)
20%
Retention rate
15%
Fully online availability
10%
Schools without enough federal outcome data appear after ranked schools, without a score.
Advertising never affects these rankings. Read the full methodology.
#1
Bon Secours St Mary's Hospital School of Medical Imaging
How much do accountants and auditors make in Richmond?
The median annual wage for accountants and auditors in the Richmond, VA metro area is $84,220, above the national median of $83,680 (BLS OEWS, May 2025).
How many accountants and auditors work in the Richmond area?
The Richmond, VA metro area employs about 7,920 accountants and auditors (BLS OEWS, May 2025).
Do accountants and auditors in Richmond need a license?
Licensing is handled at state level rather than by city. Accounting work does not require a license, but the CPA credential does: it is issued by a state board of accountancy, and the Uniform CPA Examination is administered through AICPA and NASBA. The education requirement commonly exceeds what a bachelor's degree alone provides, and the exact rule is set by each state board and has been changing. Business programs may be accredited by AACSB, ACBSP or IACBE. Confirm current requirements with your state board of accountancy.
Can I study accounting online from Richmond?
The academic portion of these programs is widely available online for working adults, while labs, clinical hours or supervised field work are completed in person. Check that the program's accreditation satisfies your state board of accountancy.
Is Richmond a better market than the rest of Virginia?
The Richmond metro median is $84,220 against a statewide median of $93,290 (BLS OEWS, May 2025). Compare that gap with the difference in living costs before treating it as a raise.
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 - Accountants and Auditors (SOC 13-2011), national, state and metropolitan estimates
U.S. Bureau of Labor Statistics, Employment Projections, 2024-34
U.S. Bureau of Labor Statistics, Occupational Outlook Handbook - education and licensing requirements
Wage and employment figures describe the occupation as measured by the Bureau of Labor Statistics, not the graduates of any particular program, and individual outcomes may vary. Licensing rules change; confirm current requirements with the responsible state board before enrolling.
About this guide: Researched and written by the TradeCareerPath Editorial Team. Our editorial team researches and sources every trade school and career guide using federal labor and education data, including BLS OEWS and Employment Projections, DOL apprenticeship records, IPEDS, College Scorecard, and state licensing boards. We follow the editorial standards documented at /editorial-policy/.
