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Average Engineers, All Other Salary in Richmond, VA

Engineers, All Other in Richmond, VA, command an average annual salary of $117,400, a figure that closely mirrors the national average of $117,730. This slight parity suggests that while Richmond offers competitive compensation, the specific economic drivers and demand for specialized engineering roles within the region play a significant role in aligning local pay with broader national trends.

Executive Summary

  • Average Salary: $117,400 per year.
  • Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,000.
  • Outlook: With a local workforce of 400 Engineers, All Other, Richmond presents a moderately sized, yet stable, employment landscape for these professionals. The Location Quotient of 0.63 indicates a slightly lower concentration of these roles compared to the national average, suggesting a market that is neither oversaturated nor exceptionally scarce, implying steady demand for skilled individuals.
2024 Market Data

Salary Overview

$117,400

The average Engineers, All Other in Richmond, VA earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$56.4

Weekly

$2,258

Monthly

$9,783

Engineers, All Other Salary Distribution in Richmond, VA

Salary progression for Engineers, All Other in Richmond, VA, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores the substantial career growth and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$73,550$35.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$88,050$42.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$118,710$57.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$146,750$70.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$170,000$81.7

Detailed Engineers, All Other Market Analysis

Relocation Context

Nominal Salary

$117,400

Gross Pay

Real Wage (Purchasing Power)

$117,400

Adjusted for COL (100)

The nominal average annual salary of $117,400 in Richmond, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an engineer's salary in Richmond is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

400

Total Jobs

0.615

Per 1K Jobs

0.63

Location Quotient

Below Average

Richmond, VA has 0.63x the national average concentration of Engineers, All Other 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 0.63 for Engineers, All Other in Richmond, VA, signifies that the concentration of these jobs is below the national average. This suggests that while opportunities exist, the market is less saturated than in major engineering hubs, potentially offering a more focused and less competitive environment for job seekers looking to establish themselves in specialized engineering fields.

Nearby Job Markets

Nearby Cities for Engineers, All Other

CitySalaryDist.
Northern West Virginia nonmetropolitan area Engineers, All Other Salary$104,540↓ 11%41 mi

Comparing salaries near Richmond, VA

Hiring Engineers, All Others?

Frequently Asked Questions

How much does a Engineers, All Other make in Richmond, VA?

The median annual salary for a Engineers, All Other in Richmond, VA is $117,400. This typically ranges from $73,550 for entry-level positions to $170,000 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% lower than the national median of $117,730.

Is Richmond, VA a lucrative place for Engineers, All Other?

Yes, Richmond, VA offers competitive compensation for Engineers, All Other.The average salary of $117,400 is nearly on par with the national average, and the cost of living is also at the national average, indicating good earning potential.

Is Richmond, VA a good place to live for Engineers, All Others?

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 ($104,540) and others.

How does the local job market compare to the national average for Engineers, All Other?

The local market in Richmond, VA, has a slightly lower concentration of Engineers, All Other compared to the national average, as indicated by a Location Quotient of 0.63.

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

Richmond, VA, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of salaries is consistent with the rest of the country.

How many Engineers, All Other are employed in Richmond, VA?

There are approximately 400 Engineers, All Other employed within the Richmond, VA area.

What is the job density for Engineers, All Other in Richmond, VA?

There are approximately 0.615 jobs per 1,000 workers for Engineers, All Other in Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Richmond, VA area with a job density of 0.615 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Engineers, All Other • Data source: BLS OEWS 2024 •Jobs in Richmond, VA