| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| BANK OF AMERICASWIFT Address | $106,102 |
+9.6%
|
Driven by niche technical certifications required for BANK OF AMERICASWIFT Address's specialized projects. |
| Fargo Bank | $86,947 |
-10.1%
|
Fargo Bank may offer non-monetary perks in lieu of competitive base salaries. |
| VP Chesapeake Bank | $96,145 |
-0.6%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Southtrust Bank N | $90,090 |
-6.9%
|
Southtrust Bank N likely leverages performance bonuses over the high base salary shown here. |
| Financial Services Industry | $121,514 |
+25.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$106,102 / year
Salary Range: $93,010 - $120,342
Great Falls, VA
$86,947 / year
Salary Range: $76,222 - $98,624
Lynchburg, VA
$96,145 / year
Salary Range: $84,286 - $109,062
Richmond, VA
$90,090 / year
Salary Range: $78,980 - $102,197
Newport News, VA
$88,128 / year
Salary Range: $77,258 - $99,966
Hillsville, VA
$105,607 / year
Salary Range: $92,579 - $119,781
Alexandria, VA
$96,377 / year
Salary Range: $84,488 - $109,318
Glen Allen, VA
$105,100 / year
Salary Range: $92,130 - $119,208
Arlington, VA
$89,141 / year
Salary Range: $78,147 - $101,112
Christiansburg, VA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,100 - $1,600+ | A significant portion of Bank Richmond salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (GRTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,440 - $3,790+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Bank Richmond is approximately from $84,827 to $109,757. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The average annual salary at Bank Richmond is $96,767, or an hourly wage of $47, in comparison to BANK OF AMERICASWIFT Address which pays $106,102 per year or $51 per hour.
Experience level is a significant factor in determining salary at Bank Richmond, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
To determine if a salary offer from Bank Richmond in Richmond is fair, first compare the gross salary to our data for similar roles at Bank Richmond and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.
All salary figures displayed for Bank Richmond, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.
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