Average Education Teachers, Postsecondary Salary in Richmond, VA
In Richmond, VA, Education Teachers, Postsecondary professionals earn an average annual salary of $74,770. This figure is slightly above the national average of $74,560, indicating a competitive compensation landscape in the region. Local economic factors and demand within the educational sector likely contribute to this favorable pay.
Executive Summary
- Average Salary: $74,770 per year.
- Growth Trend: Salaries have shifted 2.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,760.
- Outlook: Richmond, VA supports a local workforce of 340 Education Teachers, Postsecondary. With a Location Quotient of 1.35, this profession is more concentrated in Richmond than the national average, suggesting a robust and potentially growing demand for these specialized educators within the area.
Salary Overview
The average Education Teachers, Postsecondary in Richmond, VA earns+0.3%above the national average.
$35.9
$1,438
$6,231
Education Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Education Teachers, Postsecondary in Richmond, VA have experienced steady growth over the past four years, mirroring national trends of increasing compensation in the education sector due to inflation and evolving market demands.
Education Teachers, Postsecondary Salary Distribution in Richmond, VA
Salary progression for Education Teachers, Postsecondary in Richmond, VA typically scales with experience. Entry-level positions may fall in the lower percentiles, while senior educators with extensive experience and specialized skills command salaries in the higher percentiles, reflecting a clear career growth trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $39,580 | $19 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $56,078 | $27 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $62,640 | $30.1 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $93,463 | $44.9 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $129,760 | $62.4 |
Detailed Education Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$74,770
Gross Pay
Real Wage (Purchasing Power)
$74,770
Adjusted for COL (100)
The nominal average annual salary of $74,770 in Richmond, VA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a postsecondary educator's salary in Richmond is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
340
Total Jobs
0.519
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Richmond, VA has a slightly higher-than-average concentration of Education Teachers, Postsecondary roles compared to the national norm.
A Location Quotient of 1.35 signifies that Education Teachers, Postsecondary are more prevalent in Richmond, VA compared to the national average. This suggests a healthy job market with a notable concentration of these roles, potentially offering more opportunities and a competitive environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Education Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Northern West Virginia nonmetropolitan area Education Teachers, Postsecondary Salary | $72,470↓ 3% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Education Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Education Teachers, Postsecondary make in Richmond, VA?
The median annual salary for a Education Teachers, Postsecondary in Richmond, VA is $74,770. This typically ranges from $39,580 for entry-level positions to $129,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 0.3% higher than the national median of $74,560.
Is Richmond, VA a lucrative place for Education Teachers, Postsecondarys?
Yes, Richmond, VA offers a slightly above-average salary for Postsecondary Education Teachers.The average salary of $74,770 in Richmond is marginally higher than the national average, and the cost of living is on par with the national average, making it a financially stable location for these professionals.
Is Richmond, VA a good place to live for Education Teachers, 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 Northern West Virginia nonmetropolitan area ($72,470) and others.
How does the number of jobs per 1,000 workers compare nationally?
With 0.519 jobs per 1,000 workers, Richmond, VA shows a concentration of postsecondary education teaching roles that is higher than the national average, indicating a strong local presence for this profession.
What is the significance of the Location Quotient (LQ) being 1.35?
An LQ of 1.35 means that the concentration of Education Teachers, Postsecondary in Richmond is 35% higher than the national average, suggesting a specialized demand and a more robust job market for this role in the area.
How does the Cost of Living in Richmond affect the salary?
With a Cost of Living Index of 100, Richmond's expenses are exactly at the national average. This means the $74,770 salary provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
Is the job market for postsecondary teachers strong in Richmond?
Yes, the market appears strong, supported by a higher-than-average concentration (LQ of 1.35) and a significant local workforce size of 340, indicating consistent demand for these educators.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Richmond, VA area with a job density of 0.519 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Education Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Richmond, VA