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Average Education Administrators, All Other Salary in Richmond, VA

In Richmond, VA, Education Administrators, All Other earn an impressive average annual salary of $107,530, significantly surpassing the national average of $92,430. This elevated compensation reflects the specific demands and value placed on these roles within the Richmond metropolitan area's educational landscape.

Executive Summary

  • Average Salary: $107,530 per year.
  • Growth Trend: Salaries have shifted 8.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,030.
  • Outlook: With a local workforce of 220 individuals in this specialized field and a Location Quotient of 0.99, Richmond presents a stable, albeit not exceptionally concentrated, job market for Education Administrators, All Other. The presence of 0.344 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these professionals within the region.
2024 Market Data

Salary Overview

$107,530

The average Education Administrators, All Other in Richmond, VA earns+16.3%above the national average.

BreakdownBased on 40h/week
Hourly

$51.7

Weekly

$2,068

Monthly

$8,961

Education Administrators, All Other Salary Distribution in Richmond, VA

Career progression for Education Administrators, All Other in Richmond typically correlates with increased salary. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between lower and upper percentile earnings signifies substantial opportunities for salary growth through career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,730$28.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$80,648$38.8
ManagerOversees team, compliance, and project delivery.50% (Median)$107,720$51.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$134,413$64.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$153,030$73.6

Detailed Education Administrators, All Other Market Analysis

Relocation Context

Nominal Salary

$107,530

Gross Pay

Real Wage (Purchasing Power)

$107,530

Adjusted for COL (100)

The average annual salary of $107,530 in Richmond, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Education Administrator's salary in Richmond is equivalent to the national standard, offering a balanced financial environment for residents.

Job Market Context

220

Total Jobs

0.344

Per 1K Jobs

0.99

Location Quotient

Below Average

Richmond, VA has 0.99x the national average concentration of Education Administrators, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.99 for Education Administrators, All Other in Richmond suggests that the concentration of these roles is nearly identical to the national average. This indicates a balanced job market where the demand for these professionals is stable and well-met by the available workforce, without significant oversupply or undersupply.

Nearby Job Markets

Hiring Education Administrators, All Others?

Frequently Asked Questions

How much does a Education Administrators, All Other make in Richmond, VA?

The median annual salary for a Education Administrators, All Other in Richmond, VA is $107,530. This typically ranges from $58,730 for entry-level positions to $153,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 16.3% higher than the national median of $92,430.

Is Richmond, VA a lucrative place for Education Administrators, All Others?

Yes, Richmond, VA offers a lucrative environment for Education Administrators, All Others.The average salary of $107,530 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong purchasing power.

Is Richmond, VA a good place to live for Education Administrators, 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 ($96,230) and Northern West Virginia nonmetropolitan area.

How does Richmond's average salary compare to the national average for this role?

Richmond's average annual salary of $107,530 is notably higher than the national average of $92,430 for Education Administrators, All Other.

What is the concentration of Education Administrators, All Other in Richmond?

The concentration, measured by the Location Quotient, is 0.99, which is very close to the national average, indicating a stable presence of these roles.

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

No, the local Cost of Living Index is 100, matching the national average. This means the $107,530 salary has the same purchasing power in Richmond as the national average salary does nationally.

What does the job market look like for this profession in Richmond?

The job market is stable with a moderate presence of these roles, as indicated by the Location Quotient and jobs per 1,000 workers, suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Richmond, VA area with a job density of 0.344 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.