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Average Education Administrators, Kindergarten through Secondary Salary in Richmond, VA

Education Administrators in Richmond, VA, earn an impressive average annual salary of $104,030, slightly surpassing the national average of $103,090. This competitive compensation reflects the specific demands and responsibilities inherent in managing educational institutions within the Richmond metropolitan area, potentially influenced by local economic factors and the need for experienced leadership.

Executive Summary

  • Average Salary: $104,030 per year.
  • Growth Trend: Salaries have shifted 19.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $133,600.
  • Outlook: With a local workforce of 1,160 Education Administrators, Kindergarten through Secondary, Richmond presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.86 suggests a presence that is close to the national average, indicating a steady demand for these roles without being oversaturated, making it a reliable environment for career professionals.
2024 Market Data

Salary Overview

$104,030

The average Education Administrators, Kindergarten through Secondary in Richmond, VA earns+0.9%above the national average.

BreakdownBased on 40h/week
Hourly

$50

Weekly

$2,001

Monthly

$8,669

Education Administrators, Kindergarten through Secondary Salary Distribution in Richmond, VA

Salary progression for Education Administrators, Kindergarten through Secondary, in Richmond, VA, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive leadership backgrounds can command salaries in the higher percentiles. The widening gap between entry-level and senior roles underscores the value placed on experience and proven administrative capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,390$37.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,023$37.5
ManagerOversees team, compliance, and project delivery.50% (Median)$102,920$49.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$130,038$62.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$133,600$64.2

Detailed Education Administrators, Kindergarten through Secondary Market Analysis

Relocation Context

Nominal Salary

$104,030

Gross Pay

Real Wage (Purchasing Power)

$104,030

Adjusted for COL (100)

The average annual salary of $104,030 in Richmond, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Education Administrator's salary in Richmond is equivalent to the national average, offering a stable financial footing without significant gains or losses in real income compared to other areas.

Job Market Context

1,160

Total Jobs

1.779

Per 1K Jobs

0.86

Location Quotient

Below Average

Richmond, VA has 0.86x the national average concentration of Education Administrators, Kindergarten through Secondary 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 0.86 for Education Administrators, Kindergarten through Secondary, in Richmond, VA, indicates that the concentration of these professionals is slightly below the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly high, offering a balanced landscape for both job seekers and employers.

Nearby Job Markets

Frequently Asked Questions

How much does a Education Administrators, Kindergarten through Secondary make in Richmond, VA?

The median annual salary for a Education Administrators, Kindergarten through Secondary in Richmond, VA is $104,030. This typically ranges from $77,390 for entry-level positions to $133,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 0.9% higher than the national median of $103,090.

Is Richmond, VA a lucrative place for Education Administrators, Kindergarten through Secondarys?

Yes, Richmond, VA offers a lucrative environment for Education Administrators.The average salary of $104,030 is slightly above the national average, and the cost of living is on par with the national average, indicating strong purchasing power.

Is Richmond, VA a good place to live for Education Administrators, Kindergarten through Secondarys?

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 ($91,210) and Northern West Virginia nonmetropolitan area.

How does Richmond's salary for Education Administrators compare to the national average?

Education Administrators in Richmond, VA, earn an average of $104,030 annually, which is slightly higher than the national average of $103,090.

What is the concentration of Education Administrators in Richmond, VA?

The concentration, measured by the Location Quotient, is 0.86, indicating that the proportion of these professionals in Richmond is slightly lower than the national average.

How does the cost of living in Richmond affect the salary?

Richmond's Cost of Living Index is 100, which is the national average. This means the $104,030 salary has the same purchasing power as the national average salary.

What does the job market look like for Education Administrators in Richmond?

The job market is stable with 1,160 professionals in the field and a Location Quotient close to the national average, 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 1,160 employees in the Richmond, VA area with a job density of 1.779 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.