Average Education Administrators, Postsecondary Salary in Richmond, VA
Education Administrators at postsecondary institutions in Richmond, VA, command an impressive average annual salary of $152,380. This figure significantly surpasses the national average of $120,180, indicating a strong local demand and potentially higher responsibilities or a more competitive market for these specialized roles within the Richmond area.
Executive Summary
- Average Salary: $152,380 per year.
- Growth Trend: Salaries have shifted 0.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $228,570.
- Outlook: With a local workforce of 500 Education Administrators, Postsecondary, Richmond presents a moderate but stable employment landscape. The Location Quotient of 0.67 suggests that while this profession is not as concentrated as the national average, the presence of a dedicated workforce of this size points to established institutions and ongoing needs within the sector.
Salary Overview
The average Education Administrators, Postsecondary in Richmond, VA earns+26.8%above the national average.
$73.3
$2,930
$12,698
Education Administrators, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Education Administrators, Postsecondary in Richmond, VA, have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for higher education services, and evolving administrative complexities likely contribute to upward salary adjustments in this field.
Education Administrators, Postsecondary Salary Distribution in Richmond, VA
Career progression for Education Administrators, Postsecondary in Richmond, VA, typically involves a substantial salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive leadership and management experience can command salaries reaching the upper percentiles, reflecting a clear career trajectory and increasing value within institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,020 | $37.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $114,285 | $54.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $122,910 | $59.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $190,475 | $91.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $228,570 | $109.9 |
Detailed Education Administrators, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$152,380
Gross Pay
Real Wage (Purchasing Power)
$152,380
Adjusted for COL (100)
The average annual salary of $152,380 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, allowing for a comfortable lifestyle without significant financial strain related to local expenses.
Job Market Context
500
Total Jobs
0.771
Per 1K Jobs
0.67
Location Quotient
Richmond, VA has 0.67x the national average concentration of Education Administrators, Postsecondary 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 0.67 for Education Administrators, Postsecondary in Richmond, VA, indicates that this profession is less concentrated locally compared to the national average. This suggests that while the job market is not saturated, there may be fewer specialized opportunities relative to the overall workforce, requiring a targeted approach for job seekers.
Nearby Job Markets
Nearby Cities for Education Administrators, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Education Administrators, Postsecondary Salary | $129,940↓ 15% | 41 mi |
| Northern West Virginia nonmetropolitan area Education Administrators, Postsecondary Salary | $86,540↓ 43% | 41 mi |
| Southern West Virginia nonmetropolitan area Education Administrators, Postsecondary Salary | $114,510↓ 25% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Education Administrators, Postsecondarys?
Frequently Asked Questions
How much does a Education Administrators, Postsecondary make in Richmond, VA?
The median annual salary for a Education Administrators, Postsecondary in Richmond, VA is $152,380. This typically ranges from $78,020 for entry-level positions to $228,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 26.8% higher than the national median of $120,180.
Is Richmond, VA a lucrative place for Education Administrators, Postsecondarys?
Yes, Richmond, VA offers a lucrative environment for Postsecondary Education Administrators.The average salary of $152,380 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing the real value of this compensation.
Is Richmond, VA a good place to live for Education Administrators, Postsecondarys?
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 ($129,940) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary for this role compare to the national average?
The average salary of $152,380 in Richmond, VA, is substantially higher than the national average of $120,180 for Education Administrators, Postsecondary.
What is the concentration of this job in Richmond compared to the rest of the US?
Richmond's concentration, measured by the Location Quotient of 0.67, is lower than the national average, suggesting fewer of these roles relative to the total workforce.
How does the cost of living in Richmond affect the salary?
With a Cost of Living Index of 100, Richmond's cost of living is average, meaning the $152,380 salary offers purchasing power equivalent to the national average.
What does the number of jobs per 1,000 workers indicate?
The 0.771 jobs per 1,000 workers indicates a moderate presence of Education Administrators, Postsecondary within Richmond's overall employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Richmond, VA area with a job density of 0.771 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Education Administrators, Postsecondary Salaries by State
Top Jobs in Richmond, VA
- All Occupations Salary in Richmond, VA
- Office and Administrative Support Occupations Salary in Richmond, VA
- Transportation and Material Moving Occupations Salary in Richmond, VA
- Sales and Related Occupations Salary in Richmond, VA
- Business and Financial Operations Occupations Salary in Richmond, VA
- Food Preparation and Serving Related Occupations Salary in Richmond, VA
- Healthcare Practitioners and Technical Occupations Salary in Richmond, VA
- Management Occupations Salary in Richmond, VA
- Educational Instruction and Library Occupations Salary in Richmond, VA
- Construction and Extraction Occupations Salary in Richmond, VA
- Browse All Jobs in Richmond, VA →
Semantic Salary Analysis for Education Administrators, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Richmond, VA