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Journalism Degree in Richmond, VA — Salary & ROI 2026

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

Starting Salary

$44K

COL-adjusted

Mid-Career

$62K

COL-adjusted

ROI Payback

11.4 yrs

in Richmond

Cost of Living

100

index (100 = avg)

Journalism in Richmond, VA Overview

Richmond, Virginia (pop. 226,610) has 11 colleges offering Journalism programs. The local cost of living index of 100 is near the national average, with average rent near campus at $737/month. Although national enrollment in Journalism has been declining, graduates with skills in Reporting and Investigative Journalism remain competitive in the job market. The adjusted starting salary in Richmond is approximately $44,000.

Category

Communications

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%

Journalism Salary in Richmond (COL-Adjusted)

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

Entry Level (0-2 yrs)
$44,000(+$0 vs national)
Mid Career (5-9 yrs)
$62,000(+$0 vs national)
Senior Level (15+ yrs)
$78,000(+$0 vs national)

Note: National average Journalism salary: $44,000 starting, $62,000 mid-career, $78,000 senior level.Richmond adjustment factor: 1.00x based on the local cost of living index.

Journalism ROI Calculator for Richmond

Estimate your return on investment for a Journalism 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

$9,000

vs HS diploma in Richmond

ROI Payback Period

11.4 years

to break even

Lifetime Return in Richmond

$177,568

Lifetime earnings premium ($280,000) minus total education cost ($102,432)

Student Loan Payoff for Journalism in Richmond

Standard Plan (10 years)

Loan Amount$102,432
Monthly Payment$1,163
Total Interest$37,139
% of Monthly Income32%

Aggressive Plan (5 years)

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

Colleges in Richmond for Journalism

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 Journalism in Richmond

Richmond offers opportunities in Media companies, PR agencies, Tech companies for Journalism graduates. National top employers in this field include:

New York TimesWashington PostReutersCNNAP

Key Richmond Hiring Sectors for Communications

Media companies

PR agencies

Tech companies

Marketing firms

Publishing

Common Journalism Job Titles

ReporterEditorNews ProducerInvestigative Journalist

Journalism 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 Journalism ROI in other cities, or explore other majors in Richmond.

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