A person working in Richmond typically earns around 108,000 CAD. Salaries range from 27,200 CAD (lowest average) to 480,000 CAD (highest average, actual maximum salary is higher).
This is the average salary including housing, transport, and other benefits. Salaries in Richmond vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries in Richmond range from 27,200 CAD (starting salary) to 480,000 CAD (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
The median salary is 97,700 CAD, which means that 50% of the population in Richmond earns less than that while the other half earns more. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population in Richmond earn less than 70,500 CAD while 75% of them earn more. Also from the diagram, 75% of the population earn less than 148,000 CAD while 25% earn more than that.
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Richmond. Around 65% of all reported figures are in the range 64,600 CAD to 166,000 CAD. Approximately 20% fall under the 64,600 CAD cap. Ten percent of wages are from 166,000 CAD to 212,000 CAD. Only 5% of people grossed 212,000 CAD or more.