Software Engineering Degree in Richmond, VA — Salary & ROI 2026
Software Engineering degree analysis for Richmond, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$88K
COL-adjusted
Mid-Career
$128K
COL-adjusted
ROI Payback
1.9 yrs
in Richmond
Cost of Living
100
index (100 = avg)
Software Engineering in Richmond, VA Overview
Richmond, Virginia (pop. 226,610) has 11 colleges offering Software Engineering programs. The local cost of living index of 100 is near the national average, with average rent near campus at $737/month. Software Engineering has seen growing enrollment nationally, reflecting rising employer demand for Software Design and Testing skills. The adjusted starting salary in Richmond is approximately $88,000.
Category
STEM
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%
Software Engineering Salary in Richmond (COL-Adjusted)
Salaries adjusted for Richmond's cost of living index of 100 (national average = 100).
Note: National average Software Engineering salary: $88,000 starting, $128,000 mid-career, $160,000 senior level.Richmond adjustment factor: 1.00x based on the local cost of living index.
Software Engineering ROI Calculator for Richmond
Estimate your return on investment for a Software Engineering 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
$53,000
vs HS diploma in Richmond
ROI Payback Period
1.9 years
to break even
Lifetime Return in Richmond
$1,077,568
Lifetime earnings premium ($1,180,000) minus total education cost ($102,432)
Student Loan Payoff for Software Engineering in Richmond
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Richmond for Software Engineering
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 Software Engineering in Richmond
Richmond offers opportunities in Tech companies, Research labs, Government agencies for Software Engineering graduates. National top employers in this field include:
Key Richmond Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Software Engineering Job Titles
Software Engineering in Nearby Virginia Cities
Virginia Beach, VA
$77K starting · COL 88
13 colleges
Chesapeake, VA
$80K starting · COL 91
12 colleges
Arlington, VA
$125K starting · COL 142.5
9 colleges
Norfolk, VA
$82K starting · COL 93
16 colleges
Newport News, VA
$81K starting · COL 92.5
7 colleges
Alexandria, VA
$90K starting · COL 102
8 colleges
Hampton, VA
$85K starting · COL 97
7 colleges
Roanoke, VA
$78K starting · COL 88.5
4 colleges
Other STEM Majors in Richmond
Prompt Engineering
$50K starting · 1.5 yr ROI
Computational Linguistics
$95K starting · 2 yr ROI
Computer Science
$85K starting · 2.8 yr ROI
Data Science
$82K starting · 3 yr ROI
Actuarial Science
$50K starting · 3 yr ROI
Cybersecurity
$80K starting · 3 yr ROI
Robotics Engineering
$50K starting · 3 yr ROI
Applied Mathematics
$50K starting · 3.5 yr ROI
Software Engineering 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 Software Engineering ROI in other cities, or explore other majors in Richmond.