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Average Computer Occupations, All Other Salary in Richmond, VA

In Richmond, Virginia, professionals in Computer Occupations, All Other, earn an average annual salary of $105,010. This figure is notably below the national average of $116,810, suggesting that local market dynamics and potentially a different industry focus influence compensation in the area. While the nominal salary is lower, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $105,010 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $151,740.
  • Outlook: Richmond, VA hosts a local workforce of 1,130 individuals in Computer Occupations, All Other. With a Location Quotient of 0.61, the concentration of these roles is below the national average, indicating a less specialized market compared to national trends. The presence of 1.725 jobs per 1,000 workers suggests a moderate but not exceptionally high demand for these specialized computer roles within the Richmond area's broader employment landscape.
2024 Market Data

Salary Overview

$105,010

The average Computer Occupations, All Other in Richmond, VA earns-10.1%below the national average.

BreakdownBased on 40h/week
Hourly

$50.5

Weekly

$2,019

Monthly

$8,751

Computer Occupations, All Other Salary Distribution in Richmond, VA

Salary progression within Computer Occupations, All Other, in Richmond, VA, typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior and lead roles command higher compensation packages. The widening gap between the 10th percentile (entry-level) and the 90th percentile (senior) salaries clearly signifies the substantial career advancement and earning potential available as professionals gain expertise and take on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$58,280$28
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$78,758$37.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$105,210$50.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$131,263$63.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$151,740$73

Detailed Computer Occupations, All Other Market Analysis

Relocation Context

Nominal Salary

$105,010

Gross Pay

Real Wage (Purchasing Power)

$105,010

Adjusted for COL (100)

The average annual salary of $105,010 in Richmond, VA, aligns perfectly with the national average cost of living, which is indexed at 100. This means that, on average, the purchasing power of a salary in Richmond is equivalent to the national average. While the nominal salary is lower than the national average for this occupation, the neutral cost of living suggests that the effective take-home pay and lifestyle affordability are comparable to the national standard.

Job Market Context

1,130

Total Jobs

1.725

Per 1K Jobs

0.61

Location Quotient

Below Average

Richmond, VA has 0.61x the national average concentration of Computer Occupations, All Other 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 0.61 for Computer Occupations, All Other, in Richmond, VA, indicates that this sector is less concentrated than the national average. This suggests that while opportunities exist, the market is not saturated with these specific roles, potentially offering a competitive environment for skilled professionals. Employers may need to actively recruit to fill specialized positions, but the overall demand relative to the national footprint is moderate.

Nearby Job Markets

Hiring Computer Occupations, All Others?

Frequently Asked Questions

How much does a Computer Occupations, All Other make in Richmond, VA?

The median annual salary for a Computer Occupations, All Other in Richmond, VA is $105,010. This typically ranges from $58,280 for entry-level positions to $151,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 10.1% lower than the national median of $116,810.

Is Richmond, VA a lucrative place for Computer Occupations, All Others?

No, not exceptionally lucrative compared to the national average.While the average salary of $105,010 is substantial, it falls below the national average of $116,810 for this occupation. However, the cost of living is at the national average, making the effective purchasing power comparable.

Is Richmond, VA a good place to live for Computer Occupations, All Others?

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 ($88,580) and Northern West Virginia nonmetropolitan area.

How does Richmond's salary for Computer Occupations compare to the national average?

The average annual salary for Computer Occupations, All Other, in Richmond, VA, is $105,010, which is approximately 10% lower than the national average of $116,810.

What is the concentration of Computer Occupations, All Other, in Richmond, VA?

The concentration, measured by the Location Quotient, is 0.61, indicating that these roles are less prevalent in Richmond compared to the national average.

Does the cost of living in Richmond affect the salary's value?

No, the cost of living in Richmond is exactly at the national average (100), meaning the $105,010 salary has the same purchasing power as the national average salary.

How many Computer Occupations, All Other, jobs are there per 1,000 workers in Richmond?

There are approximately 1.725 jobs per 1,000 workers in Computer Occupations, All Other, in Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Richmond, VA area with a job density of 1.725 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.