Richmond, Virginia has a population of about 227,595. The city’s median household income is $62,671 (Census ACS 2023, 5-year). About 44.1% of adults 25+ hold a bachelor’s degree or higher. Our directory has 69 accredited schools offering business administration programs near Richmond, with tuition ranging from $8,850 to $77,290 per year for indexed programs. In the Richmond, VA metro area, the top-earning business administration-related role is Financial Manager at a median $166,800 annually (BLS OEWS, May 2024).
The 10 accredited institutions below are the closest among the 69 schools in our directory that offer business administration programs near Richmond. Distances are calculated from Richmond city center.
| School | City | Distance | Tuition | Online |
|---|---|---|---|---|
| Virginia Commonwealth University | Richmond, VA | 1.9 mi | Contact school for pricing | – |
| Virginia Union University | Richmond, VA | 2.6 mi | Contact school for pricing | – |
| University of Richmond | University of Richmond, VA | 4.8 mi | $62,600 - $77,290 | – |
| J Sargeant Reynolds Community College | Richmond, VA | 7.4 mi | Contact school for pricing | – |
| [South University-Richmond](https://www.southuniversity.edu/richmond#location=Richmond, VA) | Glen Allen, VA | 10.6 mi | Contact school for pricing | – |
| Brightpoint Community College | Chester, VA | 13.2 mi | Contact school for pricing | – |
| Randolph-Macon College | Ashland, VA | 16.0 mi | $48,002 - $61,174 | – |
| Virginia State University | Petersburg, VA | 20.6 mi | Contact school for pricing | – |
| Richard Bland College | South Prince George, VA | 26.1 mi | $8,850 - $19,405 | – |
| William & Mary | Williamsburg, VA | 45.8 mi | Contact school for pricing | – |
Source: IPEDS / College Scorecard (2023 cohort). Browse all Virginia schools on the Virginia business administration page.
Richmond is part of the Richmond, VA metro area (BLS area code 40060). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Virginia statewide.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| General and Operations Manager | $105,840 | Richmond, VA | $108,110 |
| Administrative Services Manager | $110,470 | Richmond, VA | $112,840 |
| Financial Manager | $166,800 | Richmond, VA | $170,378 |
| Human Resources Manager | $137,380 | Richmond, VA | $140,327 |
| Management Analyst | $93,950 | Richmond, VA | $95,965 |
| Project Management Specialist | $100,540 | Richmond, VA | $102,697 |
| Accountant or Auditor | $79,620 | Richmond, VA | $81,328 |
| Training and Development Specialist | $73,290 | Richmond, VA | $74,862 |
| Office and Administrative Support Supervisor | $64,530 | Richmond, VA | $65,914 |
Source: BLS, May 2024 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
| Metric | Value | Source |
|---|---|---|
| Population | 227,595 | Census ACS 2023 5-yr (B01003) |
| Median household income | $62,671 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 44.1% | Census ACS 2023 5-yr (B15003) |
| Regional Price Parity (US=100) | 97.9 (below U.S. average) | BEA RPP 2024 |
| Business Administration-related employment in Richmond (city) County | 12,896 workers, 598 establishments | BLS QCEW 2024 annual |
Our directory has 69 accredited schools offering business administration programs near Richmond. The closest is Virginia Commonwealth University in Richmond, VA (1.9 miles), and the farthest in our top picks is William & Mary (45.8 miles). 0 of the highlighted schools are flagged as offering distance education.
Based on BLS OEWS May 2024 wage data, the top-paying business administration-related roles near Richmond are: Financial Manager ($166,800), Human Resources Manager ($137,380), Administrative Services Manager ($110,470). These reflect MSA-level medians where published, with Virginia statewide fallback for occupations not reported at the metro level.
Hopewell, VA is 19.1 miles from Richmond and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Richmond’s median household income of $62,671 (Census ACS 2023) is one input. Online programs let students stay in Richmond while attending lower-cost out-of-state schools, and Virginia public universities often offer reduced in-state online tuition.
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Data verified: May 5, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2024; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
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