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Physician Salary in Richmond, VA

Physician salary data for Richmond, VA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Physician Salary in Richmond, VA — 2026

The median Physician salary in Richmond, VA is $213,000 per year ($17,750/month, $102/hr). This reflects the local cost of living index of 100, which is 0% below the national average.

Entry Level
$174K
$84/hr
Median
$213K
$102/hr
Senior
$302K
$145/hr
Top Earner
$392K
$188/hr

Physician Take-Home Pay in Richmond

Tax Breakdown (Median Salary)

Gross Annual$213,000
Federal Tax-$40,423
State Tax (5.8%)-$12,248
FICA (SS + Medicare)-$14,007
Annual Take-Home$146,323
Monthly Take-Home$12,194

Living Cost Comparison

Median Rent$1,300/mo
Rent-to-Income Ratio7.3%
Median Home Price$295,000
Cost of Living Index100
City Median Salary$62,000
Physician vs City Median+$151,000

Physician Requirements

Education
Doctor of Medicine (MD)
Experience
3-7 years residency
Job Growth
3.0% (2024-2034)

Key Skills

DiagnosisTreatment PlanningPatient CommunicationClinical ResearchEHR

Richmond Job Market Overview

Richmond, Virginia has a population of 226,610 and an unemployment rate of 3.2%. The top industries are Finance, Government, Healthcare. The local job growth rate is 2.0%, and the average commute time is 24 minutes.

Frequently Asked Questions

What is the average Physician salary in Richmond, VA?
The median Physician salary in Richmond, VA is $213,000 per year as of 2026. This is adjusted for the local cost of living index of 100. Entry-level Physicians earn around $174,000, while senior-level professionals can earn $302,000 or more.
How much does a Physician take home in Richmond after taxes?
A Physician earning the median salary of $213,000 in Richmond, VA takes home approximately $146,323 per year ($12,194/month) after federal, state, and local taxes. The effective tax rate is 31.3%.
Is Richmond a good city for Physicians?
Richmond, VA has a cost of living index of 100 (below national average). Physicians here earn above the city median. The local unemployment rate is 3.2% and top industries include Finance, Government, Healthcare.
What skills are needed for a Physician in Richmond?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in Richmond compare to the national average?
The national median Physician salary is $213,000. In Richmond, the adjusted salary is $213,000, which is 0.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Physician salary in Richmond, VA?

The median Physician salary in Richmond, VA is $213,000 per year as of 2026. This is adjusted for the local cost of living index of 100. Entry-level Physicians earn around $174,000, while senior-level professionals can earn $302,000 or more.

How much does a Physician take home in Richmond after taxes?

A Physician earning the median salary of $213,000 in Richmond, VA takes home approximately $146,323 per year ($12,194/month) after federal, state, and local taxes. The effective tax rate is 31.3%.

Is Richmond a good city for Physicians?

Richmond, VA has a cost of living index of 100 (below national average). Physicians here earn above the city median. The local unemployment rate is 3.2% and top industries include Finance, Government, Healthcare.

What skills are needed for a Physician in Richmond?

Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.

How does Physician salary in Richmond compare to the national average?

The national median Physician salary is $213,000. In Richmond, the adjusted salary is $213,000, which is 0.0% lower than the national average, reflecting the local cost of living.