WhereCanIAfford › Richmond, VA › On $100,000

Is Richmond, VA affordable on a $100,000 salary?

NO On $100,000/yr, the typical $392,106 home in Richmond, VA needs $122,761/yr ($2,864/mo). Your gap: $-22,761 — housing would be 34.4% of your gross income.

The math

392,106 price − 10% down (39,211) = 352,895 loan
30-yr fixed at 7.18% on 352,895 = 2,391/mo principal+interest
+ 474/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,864/mo PITI ÷ 0.28 = 10,230/mo → 122,761/yr required

against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).

What salary WOULD clear Richmond, VA?

You need about $122,761/yr for the typical home. That's $22,761 more than $100,000.

On $75,000? On $125,000? On $150,000?

See the full Richmond, VA affordability breakdown → or every metro you can afford on $100,000 →