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Richmond Employment

Employment and Industries in the Richmond, Virginia Area

The Richmond economy is primarily powered by finance, the government and law. The city includes federal, state and local government agencies and noteworthy banking firms and law firms. Banking is a significant source of employment. Combined, services and the government provide over half of the jobs. Richmond is the headquarters of the Fifth Federal Reserve District. In addition, Market Watch ranked the Greater Richmond area as the third best city for business.

The insurance industry provides numerous jobs. Richmond includes the headquarters of GE Financial Services, Markel Corp, Anthem, Inc., and LandAmerica Financial Group. Diversified financial service firms also provide jobs. The concentration of educational facilities in the area also significantly contribute to the economy.

Manufacturing companies are important economic assets for Richmond. Prominent semiconductor and information technology companies contribute to the economy. The city is also a notable hub for advertising and advertising related companies. In addition, due to the area's historic sites, tourism is an integral part of the economy.

Richmond has the most Fortune 500 headquarters of any city in Virginia. The city has the headquarters of Fortune 500 companies such as CarMax, Dominion Resources, Owens & Minor, Performance Food Company, MeadWestvaco, Altria Group and Genworth Financial.

Fortune 500 companies with a notable presence in Richmond are Capital One Financial Corporation, SunTrust Banks Incorporated, Universal Corporation and McKesson. Dupont has a product facility in the city.

The notable Virginia BioTechnology Research Park has tenants such as government laboratories, research institutes and non-profit organizations. It also has biotechnology, bioscience and other related firms. The park supports research and development for medical diagnostics, environmental analysis, developing drugs, biomedical engineering and forensics.

The largest private employers in Greater Richmond:

  • Virginia Commonwealth University Health System - Healthcare
  • Capital One Financial Corp - Credit cards
  • HCA Inc - Healthcare
  • Walmart - Retail
  • Dominion Resources Inc - Energy
  • Bon Secours Richmond Health System - Healthcare
  • Altria Group Inc - Cigarettes
  • Wells Fargo & Co - Banking
  • Sun Trust Banks Inc - Banking
  • Ukrop's Super Markets Inc - Grocery Stores
  • WellPoint Inc - Health Insurance
  • DuPont - Chemicals/fibers
  • Bank of America Corp - Banking
  • Verizon Virginia Inc - Telecommunications
  • United Parcel Service Inc - Package Distribution
  • Food Lion LLC - Grocery Stores
  • Federal Reserve Bank of Richmond - Reserve Bank
  • Genworth Financial Inc - Insurance
  • The Kroger Company - Grocery stores
  • University of Richmond - Education

Shown below are the primary nonagricultural employment segments in Richmond:

  • Trade, transportation and public utilities
  • Government
  • Professional and business services
  • Educational and health services
  • Manufacturing
  • Financial activities
  • Leisure and hospitality

Noteworthy details about Richmond, Virginia: Adult residents which have earned a bachelor's degree or better: 30%. Cost of living index in 2008: 88.7 (U.S. average: 100). Estimated median household income in 2007: $38,000.

Richmond businesses can receive assistance from associations such as:

The Richmond Times Dispatch provides local business and economic news.

Jobs in Richmond

Rank Title Total Employees Local Mean Salary (Per Year) Local Mean Salary (Per hour) National Growth % 2014-2024
1 All Occupations 638840 $49110 $23.61 100
2 Office and Administrative Support Occupations 105390 $36580 $17.59 14.8
3 Sales and Related Occupations 69770 $41830 $20.11 10.15
4 Food Preparation and Serving Related Occupations 52500 $22900 $11.01 8.3
5 Business and Financial Operations Occupations 46480 $73950 $35.55 5.05
6 Transportation and Material Moving Occupations 42780 $34090 $16.39 6.45
7 Healthcare Practitioners and Technical Occupations 40420 $72710 $34.96 5.75
8 Education, Training, and Library Occupations 35910 $50230 $24.15 6.15
9 Production Occupations 28890 $39290 $18.89 5.85
10 Construction and Extraction Occupations 27060 $42870 $20.61 4.4
11 Management Occupations 26830 $124240 $59.73 6.05
12 Installation, Maintenance, and Repair Occupations 25060 $48160 $23.16 3.8
13 Computer and Mathematical Occupations 22770 $86820 $41.74 2.8
14 Personal Care and Service Occupations 21430 $25910 $12.45 4.1
15 Building and Grounds Cleaning and Maintenance Occupations 20280 $25740 $12.37 3.7
16 Retail Salespersons 18980 $25620 $12.32 3.1
17 Protective Service Occupations 18590 $41610 $20.01 2.25
18 Cashiers 17900 $20030 $9.63 2.25
19 Office Clerks, General 16110 $31130 $14.97 2
20 Healthcare Support Occupations 14840 $29110 $13.99 3.05
21 Registered Nurses 14320 $66930 $32.18 1.9
22 Combined Food Preparation and Serving Workers, Including Fast Food 14190 $18850 $9.06 2.15
23 Customer Service Representatives 12520 $34510 $16.59 1.75
24 Waiters and Waitresses 11550 $23010 $11.07 1.6
25 Laborers and Freight, Stock, and Material Movers, Hand 11190 $28920 $13.9 1.6
26 Community and Social Service Occupations 11080 $46320 $22.27 1.65
27 Stock Clerks and Order Fillers 10340 $26300 $12.64 1.2
28 Janitors and Cleaners, Except Maids and Housekeeping Cleaners 9460 $24420 $11.74 1.6
29 Heavy and Tractor-Trailer Truck Drivers 9010 $41940 $20.16 1.2
30 Architecture and Engineering Occupations 8840 $79620 $38.28 1.65
31 General and Operations Managers 8110 $127160 $61.14 1.4
32 Arts, Design, Entertainment, Sports, and Media Occupations 7580 $50790 $24.42 1.7
33 First-Line Supervisors of Office and Administrative Support Workers 7540 $58450 $28.1 1
34 Accountants and Auditors 7420 $77890 $37.45 0.9
35 Bookkeeping, Accounting, and Auditing Clerks 7380 $41470 $19.94 1.1
36 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 7320 $77130 $37.08 1
37 Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 6940 $37110 $17.84 1.6
38 Personal Care Aides 6740 $18970 $9.12 1.3
39 Nursing Assistants 6710 $26220 $12.61 1.05
40 Legal Occupations 6670 $106480 $51.19 0.8
41 Management Analysts 6330 $82790 $39.8 0.5
42 Security Guards 6220 $29490 $14.18 0.7
43 Receptionists and Information Clerks 5610 $29540 $14.2 0.7
44 First-Line Supervisors of Retail Sales Workers 5350 $45940 $22.08 1
45 Maintenance and Repair Workers, General 5210 $38440 $18.48 0.9
46 Cooks, Restaurant 4940 $23190 $11.15 0.75
47 Life, Physical, and Social Science Occupations 4800 $65370 $31.43 0.9
48 Licensed Practical and Licensed Vocational Nurses 4530 $40770 $19.6 0.5
49 Business Operations Specialists, All Other 4490 $76230 $36.65 0.7
50 Maids and Housekeeping Cleaners 4480 $21660 $10.41 1
51 Landscaping and Groundskeeping Workers 4470 $27080 $13.02 0.8
52 Software Developers, Applications 4460 $99510 $47.84 0.5
53 First-Line Supervisors of Food Preparation and Serving Workers 4340 $35690 $17.16 0.6
54 Sales Representatives, Services, All Other 4220 $62700 $30.14 0.6
55 Light Truck or Delivery Services Drivers 3920 $34670 $16.67 0.6
56 Lawyers 3920 $144160 $69.31 0.5
57 Construction Laborers 3790 $29290 $14.08 0.8
58 Shipping, Receiving, and Traffic Clerks 3710 $31010 $14.91 0.4
59 Human Resources Specialists 3580 $65570 $31.52 0.3
60 Automotive Service Technicians and Mechanics 3440 $47870 $23.02 0.5
61 First-Line Supervisors of Construction Trades and Extraction Workers 3320 $62530 $30.06 0.4
62 Computer Systems Analysts 3300 $93130 $44.78 0.4
63 Police and Sheriff's Patrol Officers 3280 $51330 $24.68 0.45
64 Industrial Truck and Tractor Operators 3200 $34640 $16.65 0.35
65 Correctional Officers and Jailers 3170 $40040 $19.25 0.3
66 Market Research Analysts and Marketing Specialists 3110 $69030 $33.19 0.35
67 Computer User Support Specialists 3060 $51430 $24.73 0.4
68 Insurance Sales Agents 3020 $79130 $38.05 0.3
69 Electricians 3000 $48020 $23.09 0.4
70 Food Preparation Workers 2920 $22670 $10.9 0.6
71 Telemarketers 2880 $27110 $13.03 0.15
72 Substitute Teachers 2850 $27310 $13.13 0
73 Executive Secretaries and Executive Administrative Assistants 2810 $54680 $26.29 0.5
74 Bus Drivers, School or Special Client 2750 $28470 $13.69 0.3
75 Cooks, Fast Food 2660 $18120 $8.71 0.3
76 Carpenters 2610 $39280 $18.89 0.6
77 Team Assemblers 2580 $30800 $14.81 0.75
78 Childcare Workers 2550 $20010 $9.62 0.8
79 Bill and Account Collectors 2550 $38000 $18.27 0.2
80 Financial Managers 2520 $151430 $72.8 0.4
81 Purchasing Agents, Except Wholesale, Retail, and Farm Products 2460 $69860 $33.59 0.2
82 Network and Computer Systems Administrators 2450 $83200 $40 0.3
83 Billing and Posting Clerks 2390 $36690 $17.64 0.35
84 First-Line Supervisors of Mechanics, Installers, and Repairers 2300 $70290 $33.79 0.3
85 Counter and Rental Clerks 2300 $31900 $15.34 0.3
86 Office and Administrative Support Workers, All Other 2290 $38180 $18.36 0.2
87 Medical Assistants 2240 $30720 $14.77 0.45
88 Software Developers, Systems Software 2170 $96960 $46.62 0.3
89 Mental Health Counselors 2150 $45900 $22.07 0.1
90 Paralegals and Legal Assistants 2130 $50400 $24.23 0.2
91 Training and Development Specialists 2110 $59040 $28.39 0.2
92 Insurance Claims and Policy Processing Clerks 2030 $37380 $17.97 0.2
93 Driver/Sales Workers 2010 $31270 $15.04 0.3
94 Pharmacy Technicians 2010 $30760 $14.79 0.25
95 First-Line Supervisors of Production and Operating Workers 2000 $66480 $31.96 0.4
96 Food Servers, Nonrestaurant 1990 $19220 $9.24 0.2
97 Hairdressers, Hairstylists, and Cosmetologists 1910 $37020 $17.8 0.4
98 Loan Officers 1880 $75260 $36.18 0.2
99 Bartenders 1860 $28490 $13.7 0.4
100 Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop 1840 $20270 $9.75 0.25
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Additional Details

Richmond Colleges
Richmond colleges and trade schools.
Richmond Graduate Schools
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Jobs More Common Near Richmond Than Most Other Cities

* Average job popularity for metro areas = 1.0

Title Mean Local Salary Local Jobs
All Occupations 49,110 638,840
Office and Administrative Support Occupations 36,580 105,390
Sales and Related Occupations 41,830 69,770
Food Preparation and Serving Related Occupations 22,900 52,500
Business and Financial Operations Occupations 73,950 46,480
Transportation and Material Moving Occupations 34,090 42,780
Healthcare Practitioners and Technical Occupations 72,710 40,420
Education, Training, and Library Occupations 50,230 35,910
Production Occupations 39,290 28,890
Construction and Extraction Occupations 42,870 27,060
Management Occupations 124,240 26,830
Installation, Maintenance, and Repair Occupations 48,160 25,060
Computer and Mathematical Occupations 86,820 22,770
Personal Care and Service Occupations 25,910 21,430
Building and Grounds Cleaning and Maintenance Occupations 25,740 20,280
Retail Salespersons 25,620 18,980
Protective Service Occupations 41,610 18,590
Cashiers 20,030 17,900
Office Clerks, General 31,130 16,110
Healthcare Support Occupations 29,110 14,840
Registered Nurses 66,930 14,320
Combined Food Preparation and Serving Workers, Including Fast Food 18,850 14,190
Customer Service Representatives 34,510 12,520
Waiters and Waitresses 23,010 11,550
Laborers and Freight, Stock, and Material Movers, Hand 28,920 11,190
Community and Social Service Occupations 46,320 11,080
Stock Clerks and Order Fillers 26,300 10,340
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 24,420 9,460
Heavy and Tractor-Trailer Truck Drivers 41,940 9,010
Architecture and Engineering Occupations 79,620 8,840
General and Operations Managers 127,160 8,110
Arts, Design, Entertainment, Sports, and Media Occupations 50,790 7,580
First-Line Supervisors of Office and Administrative Support Workers 58,450 7,540
Accountants and Auditors 77,890 7,420
Bookkeeping, Accounting, and Auditing Clerks 41,470 7,380
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 77,130 7,320
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 37,110 6,940
Personal Care Aides 18,970 6,740
Nursing Assistants 26,220 6,710
Legal Occupations 106,480 6,670
Management Analysts 82,790 6,330
Security Guards 29,490 6,220
Receptionists and Information Clerks 29,540 5,610
First-Line Supervisors of Retail Sales Workers 45,940 5,350
Maintenance and Repair Workers, General 38,440 5,210
Cooks, Restaurant 23,190 4,940
Life, Physical, and Social Science Occupations 65,370 4,800
Licensed Practical and Licensed Vocational Nurses 40,770 4,530
Business Operations Specialists, All Other 76,230 4,490
Maids and Housekeeping Cleaners 21,660 4,480

Work Paying Relatively Well in the Richmond, Virginia Metro Area (2008 data)

* Average Salary Index for metro areas = 1.0

Title Mean Local Salary Local Jobs
All Occupations 49,110 638,840
Office and Administrative Support Occupations 36,580 105,390
Sales and Related Occupations 41,830 69,770
Business and Financial Operations Occupations 73,950 46,480
Transportation and Material Moving Occupations 34,090 42,780
Healthcare Practitioners and Technical Occupations 72,710 40,420
Education, Training, and Library Occupations 50,230 35,910
Production Occupations 39,290 28,890
Construction and Extraction Occupations 42,870 27,060
Management Occupations 124,240 26,830
Installation, Maintenance, and Repair Occupations 48,160 25,060
Computer and Mathematical Occupations 86,820 22,770
Personal Care and Service Occupations 25,910 21,430
Building and Grounds Cleaning and Maintenance Occupations 25,740 20,280
Retail Salespersons 25,620 18,980
Protective Service Occupations 41,610 18,590
Office Clerks, General 31,130 16,110
Healthcare Support Occupations 29,110 14,840
Registered Nurses 66,930 14,320
Customer Service Representatives 34,510 12,520
Laborers and Freight, Stock, and Material Movers, Hand 28,920 11,190
Community and Social Service Occupations 46,320 11,080
Stock Clerks and Order Fillers 26,300 10,340
Heavy and Tractor-Trailer Truck Drivers 41,940 9,010
Architecture and Engineering Occupations 79,620 8,840
General and Operations Managers 127,160 8,110
Arts, Design, Entertainment, Sports, and Media Occupations 50,790 7,580
First-Line Supervisors of Office and Administrative Support Workers 58,450 7,540
Accountants and Auditors 77,890 7,420
Bookkeeping, Accounting, and Auditing Clerks 41,470 7,380
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 77,130 7,320
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 37,110 6,940
Nursing Assistants 26,220 6,710
Legal Occupations 106,480 6,670
Management Analysts 82,790 6,330
Security Guards 29,490 6,220
Receptionists and Information Clerks 29,540 5,610
First-Line Supervisors of Retail Sales Workers 45,940 5,350
Maintenance and Repair Workers, General 38,440 5,210
Life, Physical, and Social Science Occupations 65,370 4,800
Licensed Practical and Licensed Vocational Nurses 40,770 4,530
Business Operations Specialists, All Other 76,230 4,490
Landscaping and Groundskeeping Workers 27,080 4,470
Software Developers, Applications 99,510 4,460
First-Line Supervisors of Food Preparation and Serving Workers 35,690 4,340
Sales Representatives, Services, All Other 62,700 4,220
Light Truck or Delivery Services Drivers 34,670 3,920
Lawyers 144,160 3,920
Construction Laborers 29,290 3,790
Shipping, Receiving, and Traffic Clerks 31,010 3,710

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