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Construction Management Degree in Richmond, VA — Salary & ROI 2026

Construction Management degree analysis for Richmond, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$50K

COL-adjusted

Mid-Career

$95K

COL-adjusted

ROI Payback

6.8 yrs

in Richmond

Cost of Living

100

index (100 = avg)

Construction Management in Richmond, VA Overview

Richmond, Virginia (pop. 226,610) has 11 colleges offering Construction Management programs. The local cost of living index of 100 is near the national average, with average rent near campus at $737/month. Construction Management has seen growing enrollment nationally, reflecting rising employer demand for Project Management and Estimating skills. The adjusted starting salary in Richmond is approximately $50,000, growing to $95,000 by mid-career.

Category

Engineering

Local Colleges

11

Public Tuition

$14,676/yr

Private Tuition

$58,570/yr

Room & Board

$10,932/yr

Avg Fin. Aid

$9,068/yr

Unemployment

5.7%

Graduation Rate

65%

Construction Management Salary in Richmond (COL-Adjusted)

Salaries adjusted for Richmond's cost of living index of 100 (national average = 100).

Entry Level (0-2 yrs)
$50,000(+$0 vs national)
Mid Career (5-9 yrs)
$95,000(+$0 vs national)
Senior Level (15+ yrs)
$120,000(+$0 vs national)

Note: National average Construction Management salary: $50,000 starting, $95,000 mid-career, $120,000 senior level.Richmond adjustment factor: 1.00x based on the local cost of living index.

Construction Management ROI Calculator for Richmond

Estimate your return on investment for a Construction Management degree using local Richmond tuition and cost of living data.

Public avg: $14,676 | Private avg: $58,570

Richmond avg aid: $9,068/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$102,432

tuition + room & board - aid

Annual Earnings Premium

$15,000

vs HS diploma in Richmond

ROI Payback Period

6.8 years

to break even

Lifetime Return in Richmond

$697,568

Lifetime earnings premium ($800,000) minus total education cost ($102,432)

Student Loan Payoff for Construction Management in Richmond

Standard Plan (10 years)

Loan Amount$102,432
Monthly Payment$1,163
Total Interest$37,139
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$102,432
Monthly Payment$2,004
Total Interest$17,820
Interest Savings$19,319

Colleges in Richmond for Construction Management

Virginia Commonwealth University

public

$14,676/yr

$58,704 total

University of Richmond

private

$58,570/yr

$234,280 total

Community Colleges (2-Year Transfer)

Reynolds Community College

$5,340/yr

Top Employers for Construction Management in Richmond

Richmond offers opportunities in Engineering firms, Manufacturing, Defense contractors for Construction Management graduates. National top employers in this field include:

Turner ConstructionBechtelSkanskaKiewitHensel Phelps

Key Richmond Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Construction Management Job Titles

Construction ManagerProject ManagerSite Superintendent

Construction Management Degree in Richmond — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Construction Management ROI in other cities, or explore other majors in Richmond.

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