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Average Electricians Salary in Richmond, VA

Electricians in Richmond, VA, can expect an average annual salary of $60,820. This figure is slightly below the national average of $69,280, a common occurrence where local economic factors and demand influence compensation. While the nominal pay may differ, the cost of living in Richmond aligns precisely with the national benchmark, offering a balanced perspective on earning potential.

Executive Summary

  • Average Salary: $60,820 per year.
  • Growth Trend: Salaries have shifted 8.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,530.
  • Outlook: Richmond, VA, boasts a robust job market for electricians, with a total local workforce of 3,300 individuals in this trade. The Location Quotient of 1.05 indicates a slightly higher concentration of electricians compared to the national average, suggesting a stable and consistent demand for their specialized skills within the region.
2024 Market Data

Salary Overview

$60,820

The average Electricians in Richmond, VA earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$29.2

Weekly

$1,170

Monthly

$5,068

Electricians Salary Distribution in Richmond, VA

The salary range for electricians in Richmond, VA, naturally expands with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command significantly higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential available as one advances through junior, mid-level, and senior electrician roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$38,360$18.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$45,615$21.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$60,200$28.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$76,025$36.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$81,530$39.2

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$60,820

Gross Pay

Real Wage (Purchasing Power)

$60,820

Adjusted for COL (100)

With an average annual salary of $60,820 and a Cost of Living Index of 100, electricians in Richmond, VA, find their earnings directly align with the national average in terms of purchasing power. This means that the salary earned in Richmond offers a comparable standard of living to that of the average American city, making it a financially stable location for those in the trade.

Job Market Context

3,300

Total Jobs

5.061

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Richmond, VA has a slightly higher-than-average concentration of Electricians roles compared to the national norm.

The Location Quotient of 1.05 for electricians in Richmond, VA, signifies a healthy market presence, with a concentration just above the national average. This suggests that while the demand is present and slightly elevated, the market is not oversaturated, offering a competitive yet accessible environment for both new entrants and established professionals seeking opportunities.

Nearby Job Markets

Hiring Electricianss?

Frequently Asked Questions

How much does a Electricians make in Richmond, VA?

The median annual salary for a Electricians in Richmond, VA is $60,820. This typically ranges from $38,360 for entry-level positions to $81,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 12.2% lower than the national median of $69,280.

Is Richmond, VA a lucrative place for Electricians?

Yes, Richmond, VA offers a competitive earning potential for electricians.The average salary of $60,820, combined with a cost of living index matching the national average, provides a stable financial footing. Furthermore, a Location Quotient slightly above the national average indicates consistent demand for the trade.

Is Richmond, VA a good place to live for Electricians?

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 ($61,770) and Northern West Virginia nonmetropolitan area.

How does Richmond's electrician salary compare to the national average?

The average annual salary for electricians in Richmond, VA, is $60,820, which is below the national average of $69,280.

What is the cost of living in Richmond, VA for electricians?

Richmond, VA, has a Cost of Living Index of 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.

How concentrated is the electrician job market in Richmond, VA?

With a Location Quotient of 1.05, the market for electricians in Richmond is slightly more concentrated than the national average, indicating a healthy presence of the profession.

How many electricians are there in Richmond, VA?

There are approximately 3,300 electricians working in Richmond, VA, representing a significant portion of the local skilled workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,300 employees in the Richmond, VA area with a job density of 5.061 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.