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Average Architectural and Engineering Managers Salary in Richmond, VA

Architectural and Engineering Managers in Richmond, VA, earn an average annual salary of $163,000. This figure is slightly below the national average of $177,610, suggesting a localized market dynamic influencing compensation. Factors such as the specific industry mix and demand within the Richmond metropolitan area likely contribute to this pay differential.

Executive Summary

  • Average Salary: $163,000 per year.
  • Growth Trend: Salaries have shifted 15.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $212,420.
  • Outlook: The job market for Architectural and Engineering Managers in Richmond, VA, is characterized by a local workforce of 540 professionals. With a Location Quotient of 0.6, the concentration of these roles is below the national average, indicating a less saturated but potentially growing demand. The presence of 0.822 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, level of opportunity within the region.
2024 Market Data

Salary Overview

$163,000

The average Architectural and Engineering Managers in Richmond, VA earns-8.2%below the national average.

BreakdownBased on 40h/week
Hourly

$78.4

Weekly

$3,135

Monthly

$13,583

Architectural and Engineering Managers Salary Distribution in Richmond, VA

Salary progression for Architectural and Engineering Managers is strongly tied to experience. Entry-level positions typically command lower salaries, while senior managers with extensive project portfolios and leadership experience can significantly exceed the average. The percentile gaps in salary distribution highlight the substantial earning potential available to those who advance their careers and accumulate specialized expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$113,120$54.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$122,250$58.8
ManagerOversees team, compliance, and project delivery.50% (Median)$159,990$76.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$203,750$98
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$212,420$102.1

Detailed Architectural and Engineering Managers Market Analysis

Relocation Context

Nominal Salary

$163,000

Gross Pay

Real Wage (Purchasing Power)

$163,000

Adjusted for COL (100)

The nominal average salary of $163,000 in Richmond, VA, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Architectural and Engineering Manager's salary in Richmond is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

540

Total Jobs

0.822

Per 1K Jobs

0.6

Location Quotient

Below Average

Richmond, VA has 0.60x the national average concentration of Architectural and Engineering Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.6 for Architectural and Engineering Managers in Richmond, VA, indicates that the concentration of these professionals is lower than the national average. This suggests that the job market is less competitive compared to national hubs, potentially offering more opportunities for skilled individuals entering the market or seeking career advancement, though it also implies a smaller overall talent pool.

Nearby Job Markets

Hiring Architectural and Engineering Managerss?

Frequently Asked Questions

How much does a Architectural and Engineering Managers make in Richmond, VA?

The median annual salary for a Architectural and Engineering Managers in Richmond, VA is $163,000. This typically ranges from $113,120 for entry-level positions to $212,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 8.2% lower than the national median of $177,610.

Is Richmond, VA a lucrative place for Architectural and Engineering Managers?

Moderately lucrative, with strong purchasing power.While the average salary of $163,000 is below the national average, the cost of living being exactly at the national average means your earnings hold their value effectively. The lower concentration of professionals suggests potential for career growth.

Is Richmond, VA a good place to live for Architectural and Engineering Managers?

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

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($151,060) and Northern West Virginia nonmetropolitan area.

How does the Richmond, VA salary compare to the national average?

The average salary for Architectural and Engineering Managers in Richmond, VA, is $163,000, which is approximately 8.2% lower than the national average of $177,610.

What is the cost of living in Richmond, VA for these professionals?

The cost of living in Richmond, VA, is at the national average of 100, meaning that the $163,000 salary offers purchasing power equivalent to the national average.

Is there high demand for Architectural and Engineering Managers in Richmond, VA?

The demand is moderate, indicated by 0.822 jobs per 1,000 workers and a Location Quotient of 0.6, which is below the national average, suggesting a less saturated market.

What is the total number of Architectural and Engineering Managers in Richmond, VA?

There are approximately 540 Architectural and Engineering Managers employed in the Richmond, VA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Richmond, VA area with a job density of 0.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.