Quick answer:Project Management Specialists in the Richmond area earn a median $102,170 per year, below the national median of $102,320, and the metro employs about 6,380 of them (BLS OEWS, May 2025).
Project Management Pay in Richmond, VA
Metric
Richmond metro
Virginia
National
Median annual wage
$102,170
$120,840
$102,320
10th percentile
$62,390
$68,020
$61,580
25th percentile
$78,060
$85,550
$78,440
75th percentile
$132,790
$158,050
$133,100
90th percentile
$163,150
$179,970
$167,970
Employment
6,380
43,860
1,066,670
Location quotient
1.41
-
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 $102,170 is below the national median of $102,320, and below the Virginia statewide median of $120,840 (BLS OEWS, May 2025).
The metro’s location quotient of 1.41 means project management specialists 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.
Project management demand follows the region’s active construction, infrastructure and capital project pipeline rather than population.
Licensing is a state matter, not a city one. Project management is not a licensed occupation. The credentials employers recruit against come from PMI, principally the CAPM at entry level and the PMP once qualifying experience is documented. In construction specifically, state contractor licensing attaches to the contracting entity rather than to the project manager personally.
See the Virginia licensing and pay overview for the statewide picture, and confirm current requirements with PMI and, for construction work, your state contractor licensing board.
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
William & Mary
📍
Williamsburg, VA
•43.7 miles away•BOC Score
85.4
How much do project management specialists make in Richmond?
The median annual wage for project management specialists in the Richmond, VA metro area is $102,170, below the national median of $102,320 (BLS OEWS, May 2025).
How many project management specialists work in the Richmond area?
The Richmond, VA metro area employs about 6,380 project management specialists (BLS OEWS, May 2025).
Do project management specialists in Richmond need a license?
Licensing is handled at state level rather than by city. Project management is not a licensed occupation. The credentials employers recruit against come from PMI, principally the CAPM at entry level and the PMP once qualifying experience is documented. In construction specifically, state contractor licensing attaches to the contracting entity rather than to the project manager personally. Confirm current requirements with PMI and, for construction work, your state contractor licensing board.
Can I study project management 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 PMI and, for construction work, your state contractor licensing board.
Is Richmond a better market than the rest of Virginia?
The Richmond metro median is $102,170 against a statewide median of $120,840 (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 - Project Management Specialists (SOC 13-1082), 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/.
