As of May 01, 2026, the average annual salary for Component Engineer in Richmond, VA is $68,092, equivalent to $33 per hour, $1,309 weekly, or $5,674 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Component Engineer in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Component Engineer in Richmond, VA vary widely, spanning from $60,006 to $74,529. Most professionals fall between the 25th percentile ($63,860) and 75th percentile ($71,462), while top earners (90th percentile) make $74,529 per year. This $7,602 pay gap underscores opportunities for salary growth through certifications, specialized skills like Project Management or Digital Media, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Richmond Component Engineer often earn 3.4% lower than national averages. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Component Engineer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Component Engineer Salary $60,006 Richmond, VA May 01, 2026
25th Percentile Component Engineer Salary $63,860 Richmond, VA May 01, 2026
50th Percentile Component Engineer Salary $68,092 Richmond, VA May 01, 2026
75th Percentile Component Engineer Salary $71,462 Richmond, VA May 01, 2026
90th Percentile Component Engineer Salary $74,529 Richmond, VA May 01, 2026
25% $63,860 10% $60,006 90% $74,529 75% $71,462 $68,092 50%(Median) Didn’t find job title? Click
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Component Engineer

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Job Openings for Component Engineer in Richmond, VA

Career Path for this job

  1. This Job:

    Component Engineer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Digital Producer II

    2 - 4 years experience
    Bachelor's Degree

Understand the total compensation opportunity for a Component Engineer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
63860
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68092

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63734
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69277
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Component Engineer in Richmond, VA. The base salary for Component Engineer ranges from $63,860 to $71,462 with the average base salary of $68,092. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,734 to $76,524 with the average total cash compensation of $69,277.

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63860
71462

 

About Richmond, Virginia    Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical ....More

Richmond, Virginia  area prices were up 1.2% from a year ago

Component Engineer Salary in popular cities: Virginia BeachNorfolkChesapeake

Skills associated with Component Engineer: Design, Procurement

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