Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA, command an impressive average annual salary of $93,580. This figure significantly surpasses the national average of $75,880, indicating a strong local demand and potentially higher cost of specialized labor in the region. Factors such as industry concentration and the specific needs of Richmond's economic landscape likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $93,580 per year.
- Growth Trend: Salaries have shifted 21.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,170.
- Outlook: With a local workforce of 510 professionals in this field and a Location Quotient of 1.31, Richmond, VA, demonstrates a notable concentration of Electrical and Electronic Engineering Technologists and Technicians relative to the national average. This suggests a robust job market where demand for these specialized skills is higher than the typical U.S. metropolitan area, indicating a healthy environment for career growth and stability.
Salary Overview
The average Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA earns+23.3%above the national average.
$45
$1,800
$7,798
Electrical and Electronic Engineering Technologists and Technicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA, have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing technological complexity, evolving industry standards, and sustained demand for skilled professionals in the engineering sector.
Electrical and Electronic Engineering Technologists and Technicians Salary Distribution in Richmond, VA
Career progression for Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA, is clearly reflected in salary potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized expertise can command salaries in the upper percentiles, often exceeding $100,000. This salary scaling signifies a clear career ladder and rewards for accumulated knowledge and skill development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $61,700 | $29.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $70,185 | $33.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $96,150 | $46.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $116,975 | $56.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $128,170 | $61.6 |
Detailed Electrical and Electronic Engineering Technologists and Technicians Market Analysis
Relocation Context
Nominal Salary
$93,580
Gross Pay
Real Wage (Purchasing Power)
$93,580
Adjusted for COL (100)
The average annual salary of $93,580 for Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA, is highly competitive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of this salary is on par with the national standard, allowing professionals to maintain a comparable lifestyle without financial strain associated with higher living costs.
Job Market Context
510
Total Jobs
0.788
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Richmond, VA has a slightly higher-than-average concentration of Electrical and Electronic Engineering Technologists and Technicians roles compared to the national norm.
A Location Quotient of 1.31 for Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA, signifies a job market that is 31% more concentrated than the national average. This indicates a competitive yet abundant landscape, where specialized talent is in demand and readily available, offering ample opportunities for both employers seeking skilled workers and professionals seeking stable employment.
Nearby Job Markets
Nearby Cities for Electrical and Electronic Engineering Technologists and Technicians
Comparing salaries near Richmond, VA
Hiring Electrical and Electronic Engineering Technologists and Technicianss?
Frequently Asked Questions
How much does a Electrical and Electronic Engineering Technologists and Technicians make in Richmond, VA?
The median annual salary for a Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA is $93,580. This typically ranges from $61,700 for entry-level positions to $128,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 23.3% higher than the national median of $75,880.
Is Richmond, VA a lucrative place for Electrical and Electronic Engineering Technologists and Technicianss?
Yes, Richmond, VA is a lucrative location for these professionals.The average salary of $93,580 significantly exceeds the national average, and the cost of living is at the national average, indicating strong earning potential and purchasing power.
Is Richmond, VA a good place to live for Electrical and Electronic Engineering Technologists and Technicians?
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 ($81,880) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary compare to the national average for this role?
The average salary in Richmond, VA, is $93,580, which is substantially higher than the national average of $75,880 for Electrical and Electronic Engineering Technologists and Technicians.
What is the concentration of Electrical and Electronic Engineering Technologists and Technicians in Richmond, VA?
Richmond, VA has a Location Quotient of 1.31, meaning the concentration of these professionals is 31% higher than the national average, suggesting strong local demand.
How does the cost of living in Richmond, VA affect the salary?
With a Cost of Living Index of 100, Richmond's cost of living is exactly at the national average. This means the $93,580 salary offers strong purchasing power equivalent to the national standard.
What does the job market look like for this profession in Richmond, VA?
The job market appears robust, with a higher-than-average concentration of professionals (LQ 1.31) and a total local workforce of 510, indicating consistent demand for Electrical and Electronic Engineering Technologists and Technicians.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Richmond, VA area with a job density of 0.788 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical and Electronic Engineering Technologists and Technicians • Data source: BLS OEWS 2024 •Jobs in Richmond, VA