SalaryNode

Average Aerospace Engineers Salary in Richmond, VA

The average salary for a Aerospace Engineers in Richmond, VA is $127,430. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $127,430 per year.
  • Growth Trend: Salaries have shifted 6.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $199,900.
  • Outlook: The current demand for Aerospace Engineerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Richmond, VA economy.
2024 Market Data

Salary Overview

$127,430

The average Aerospace Engineers in Richmond, VA earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$61.3

Weekly

$2,451

Monthly

$10,619

Aerospace Engineers Salary Distribution in Richmond, VA

The earning potential for Aerospace Engineerss in Richmond, VA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $80,500, while highly experienced professionals can command wages upwards of $199,900.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$80,500$38.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$95,573$45.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$118,390$56.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$159,288$76.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$199,900$96.1

Detailed Aerospace Engineers Market Analysis

Relocation Context

Nominal Salary

$127,430

Gross Pay

Real Wage (Purchasing Power)

$127,430

Adjusted for COL (100)

In Richmond, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $127,430 to $127,430.

Job Market Context

100

Total Jobs

0.147

Per 1K Jobs

0.33

Location Quotient

Low Concentration

At 0.33x, Richmond, VA has a notably lower concentration of Aerospace Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

100 people work as Aerospace Engineers in Richmond, VA.

Only 0.147 out of every 1,000 local jobs are Aerospace Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Aerospace Engineerss?

Frequently Asked Questions

How much does a Aerospace Engineers make in Richmond, VA?

The median annual salary for a Aerospace Engineers in Richmond, VA is $127,430. This typically ranges from $80,500 for entry-level positions to $199,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 9.9% lower than the national median of $141,460.

Is Richmond, VA a good place for Aerospace Engineerss?

It depends on your priorities. While the average Aerospace Engineers salary in Richmond, VA is $127,430 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Richmond, VA. See distinct detailed breakdown below.

Is Richmond, VA a good place to live for Aerospace Engineers?

The Cost of Living Index in Richmond, VA is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Richmond, VA area with a job density of 0.147 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.