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Business Teachers, Postsecondary Salary

in Richmond, VA

In Richmond, VA, business teachers, postsecondaries earn $98,170 at the median. The range runs from $48K at the entry level to $221K for experienced workers. Adjusted for local prices (RPP 97.86), that's roughly $100,317 in purchasing power. Rent on a 2-bedroom averages $1,655/month, or 26.7% of estimated take-home pay.

$98K
Median annual
Not published
Hourly rate
$48K
Entry level (10th %)
$221K
Senior level (90th %)

So what does $98K get you in Richmond?

Estimated take-home pay$6,027/mo
Rent (2BR median)-$1,655/mo
Rent as % of take-home27.5% ✓ within 30% guideline
Groceries-$384/mo
Utilities-$192/mo
Transportation-$337/mo
Healthcare *-$223/mo
Left over$3,236/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Richmond’s Regional Price Parity (97.86). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.

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About business teachers, postsecondaries

Education: Doctoral or professional degree
U.S. employed: 82,150
Richmond, VA employed: 400
Category: Education

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What this looks like in Richmond

Business teachers, postsecondary pay in Richmond tracks closely to the national median, $98K locally vs. $99K nationwide, a 1% difference. Rent runs $1,655/month for a 2-bedroom (HUD FMR), taking 27.5% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 97.86) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.

Compared to nearby metros

Median pay for business teachers, postsecondaries in metros near Richmond, adjusted for local cost of living.

MetroMedian payCOL-adjusted
Virginia Beach-Chesapeake-Norfolk$104K$106K
Harrisonburg$95K$100K
Lynchburg$77K$86K
Roanoke$77K$83K

COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.

Compensation breakdown

Annual earnings by percentile, Richmond, VA

Bar chart showing Business Teachers, Postsecondary salary percentiles in Richmond, VA: 10th percentile $47,750, 25th percentile $66,160, median $98,170, 75th percentile $134,900, 90th percentile $221,250. Source: Bureau of Labor Statistics.10th$48K25th$66KMedian$98K75th$135K90th$221K
Bar chart showing Business Teachers, Postsecondary salary percentiles in Richmond, VA: 10th percentile $47,750, 25th percentile $66,160, median $98,170, 75th percentile $134,900, 90th percentile $221,250. Source: Bureau of Labor Statistics.

Entry-level business teachers, postsecondaries (10th percentile) start around $48K. Mid-career wages sit at $98K. Top earners bring in $221K or more, a $174K spread from bottom to top.

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Business Teachers, Postsecondary pay across states

Median income ranked highest to lowest, compared to the national figure

View Business Teachers, Postsecondary salary in all states
StateMedian salaryvs. nationalEmployment
Alaska$169K+70%130
Delaware$130K+32%280
Louisiana$129K+30%640
California$128K+30%5,290
District of Columbia$128K+30%630
Maryland$127K+28%2,280
Utah$116K+17%460
Michigan$111K+12%2,240
North Dakota$110K+11%250
New York$104K+5%7,480
West Virginia$104K+5%420
Virginia$104K+5%2,450
Rhode Island$104K+5%360
Connecticut$104K+5%1,310
Massachusetts$103K+4%4,190
Pennsylvania$102K+3%4,630
Texas$101K+2%7,710
Vermont$101K+2%110
Washington$100K+1%1,190
Missouri$100K+1%1,720
Oregon$100K+1%940
Nevada$99K-0%400
Wisconsin$97K-2%1,940
Minnesota$96K-3%980
Illinois$95K-4%3,580
Nebraska$89K-10%530
Indiana$87K-13%2,030
Tennessee$86K-13%1,260
New Jersey$85K-14%3,190
Idaho$84K-15%240
New Mexico$84K-15%410
Kansas$83K-16%660
Maine$83K-16%300
Iowa$83K-16%890
New Hampshire$83K-16%580
Georgia$83K-16%1,940
Alabama$82K-17%1,260
Oklahoma$82K-17%770
Arizona$82K-18%1,240
Montana$81K-18%170
Kentucky$80K-19%760
Ohio$80K-19%3,100
North Carolina$80K-20%2,960
Florida$79K-20%2,900
South Carolina$79K-20%1,500
Colorado$78K-21%2,080
Hawaii$77K-22%390
Mississippi$76K-24%530
South Dakota$73K-27%260
Wyoming$70K-30%150
Arkansas$65K-35%450
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Showing 1–10 of 51 (all 50 states + DC)

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Frequently asked questions

Can a business teachers, postsecondary afford a 2BR apartment alone in Richmond?

Yes — at the median salary of $98K, rent takes 27.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,655/month. That stays under the 30% guideline most financial planners use.

What’s the entry-level salary for business teachers, postsecondaries in Richmond?

The 10th-percentile wage — what new business teachers, postsecondaries typically earn — is $48K/year. Take-home on that works out to about $2,865/month. At HUD’s $1,655/month FMR, rent would take 58% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Is business teachers, postsecondary a high-paying job in Richmond?

Pay here is roughly in line with the national average — $98K locally vs. $99K nationally, a 1% difference.

How does Richmond compare to the national average for business teachers, postsecondaries?

Richmond pays $98K median vs. the U.S. average of $99K — that’s -1%. After adjusting for local cost of living (RPP 97.86), the purchasing-power equivalent is $100K — still ahead of the national median.

How much do business teachers, postsecondaries make in Richmond, VA?

The median is $98,170 a year. But the range is wide: entry-level workers start around $47,750, and experienced business teachers, postsecondaries can clear $221,250. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $98K enough to live in Richmond?

On that salary, you'd take home roughly $6,027/month after taxes. A 2-bedroom here rents for about $1,655/month, which eats 27.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

How far does a business teachers, postsecondary salary go in Richmond?

Richmond has a Regional Price Parity of 97.86 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median business teachers, postsecondary salary is worth about $100,317 in national-average purchasing power.

Where do business teachers, postsecondaries get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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